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Auction IndustryKorea’s Modern and Contemporary Art Auctions Heat Up Ahead of Frieze Seoul
Modern and contemporary art from Korea and abroad will be auctioned in August ahead of large-scale art fairs (Frieze Seoul & Kiaf) in September. Two sales from K Auction and Seoul Auction are expected to be centered on works with marketability that has been verified amid the adjustment of the Korean art market. K Auction will hold an event at its headquarters in Sinsa-dong, Seoul on August 23, 2023, and Seoul Auction will hold a sale at the Gangnam Center on August 29. K Auction will have a total of 61 works, estimated to be worth about USD 5.44 million, and Seoul Auction will bring a total of 97 works together worth about $3.72 million. Kim Whan-ki, Untitled. Image courtesy of K Auction. Two of the various formative experiments that artist Kim Whan-ki attempted when he was active in New York (1963 - 1974) will be presented at the August sale from K Auction. These two works were painted in 1968 with oil on newspapers. Kim, who moved from Korea to New York, began researching and experimenting with form and color. Accordingly, he pursued painting that formed a universal consensus, not a national color. The available lots contain the results of such a formative experiment. The estimates for both works range from about $45,000 to $135,000. Works by Korean experimental artists Kun Yong Lee, Kang-So Lee, and Bae Lee, who have recently attracted attention in Korea and are actively introduced overseas in places such as New York, are also drawing attention. In addition, works by abstract artists such as Hyong-keun Yun and Seo Bo Park, as well as works by artists such as Tschang-yeul Kim, Chong Hak Kim, Dae-won Lee, YeomSoo Hwang, Sook-Ja Lee, Kwan Nam, and Heung-Sou Kim, will find a new owner. Do Ho Suh, one of the next generation of contemporary artists, is also represented in the upcoming sale. The estimated price of his available work is between $21,000 and $37,000. Lee Ufan's From Winds (1982) has the highest presale estimate among K Auction entries this month. The work is estimated to fetch between $600,000 to $900,000. Most…
Auction IndustryK Auction to Sell Modern and Contemporary Korean Art This July
As the market heads into the second half of 2023, reports show that the Korean art auction market is shrinking significantly from the same period last year. Some auction houses are looking to change that trend. This July, K Auction will auction 101 works, including Kim Whan-ki's New York-era works, worth about USD 4.92 million (KRW 6.2 billion). The upcoming auction, which will be held at the company’s headquarters in Sinsa-dong, Gangnam-gu, Seoul on July 26, will showcase various works. WookKyung Choi's Untitled. Image courtesy of K Auction. One eye-catching lot in the sale is Women on the Market Road by artist Park Sookeun from the early 1960s. The estimated price of the work is $320,000 to $555,000 (KRW 400 million to KRW 700 million). At that time, Park Sookeun was suffering from a chronic disease but did not stop drawing. The available work contains compassion for humans and affection for ordinary life. It is characterized by a simple but dense composition. "It is difficult to meet artists who expressed the lives of ordinary Koreans in the 1950s and 60s as honestly as Park Sookeun," K Auction said. "There are also factors that make many people feel desperate after the war." The catalog includes many paintings by major Korean artists in modern and contemporary times. VII-66, painted by Kim Whan-ki in New York, is estimated to sell for about $285,000 to $395,000 (KRW 360 million to KRW 500 million), and Kim Chang-yeol's Water Drop SH86810-86 estimated to fetch between $55,000 to $142,000 (KRW 70 million to KRW 180 million). Chung Sang-Hwa's Untitled 84-1-2, which frequently utilizes the blue color of his hometown sea, has an estimate of $316,000 to $414,000 (KRW 400 million to KRW 600 million). Lee Ufan's Correspondence has an estimate of $316,000 to $414,000 (KRW 400 million to KRW 600 million), Seo Bo Park's ecriture No. 070905 is estimated to sell for between $158,000 to $238,000 (KRW 200 million to KRW 300 million), and Ha Chong Hyun's construction 97-022 may achieve $143,000 to $253,000 (KRW 180 million to KRW 320 million). Still Life (estimate: $25,000 to $63,000,…
Auction IndustryPretty as a Picture: Dane Fine Art’s July Sale of Modern & Contemporary Art
Dane Fine Art of Ardmore, PA is celebrating its 44th anniversary by offering 1,092 lots of century-spanning works as part of its July Sale of Modern & Contemporary Art. This highly anticipated event will be held on July 27, 2023 with online bidding available on Bidsquare. Dane Fine Art guarantees all items sold as genuine and authentic in perpetuity and provides a certificate of authenticity for every item purchased through this event. Here are a few sale highlights that called to the Auction Daily team, and a little background on each. Lot #18, Georges Henri Manzana Pissarro's Tête de Femme, is estimated at $32,500 - $45,000. Image courtesy of Dane Fine Art. Original works by internationally recognized 20th-century artists take several of the top lot slots in this visually stunning sale. Lot #18, Georges Henri Manzana Pissarro's (French, 1871-1961) Tête de Femme, is estimated at USD 32,500 to $45,000. This original charcoal and white chalk on brown paper from around 1952 is framed. It features the side glancing bust of a tired looking woman with her gray hair pulled back. The piece is signed by the artist in charcoal. Pissarro came from a family of artists; his father was Impressionist artist Camille Pissarro (Danish and French, 1830 - 1903), and his son would also go on to become an artist. In addition to fine art, Pissarro also designed fabrics, decorative and functional household items, and furniture. Lot #22, Louis Icart's Motorcar, is estimated at $32,500 - $45,000. Image courtesy of Dane Fine Art. Lot #22, Louis Icart's (French, 1888 - 1950) Motorcar, is estimated at $32,500 to $45,000. This original drypoint etching with hand coloring on paper is from 1923. It shows a confident woman behind the steering wheel of a convertible car with the top down. She is wearing a long red scarf, which is blowing in the wind, along with her hair. Her passenger is a glum looking dog, perhaps a Chow Chow. The piece is hand-signed by the artist. Icart is best known for his images of beautiful society women living their best lives in 1920s Paris.…
Auction Industry, Press ReleaseWatch Out! by Mr. Brainwash & Rare Piece by Neil Welliver Lead Dane Fine Art’s Luxor Sale of Modern & Contemporary Art
Dane Fine Art will start the new year by presenting more than 1,000 lots of paintings, photographs, posters, prints, sculptures, and carvings in its upcoming Luxor Sale of Modern & Contemporary Art. Dane Fine Art is celebrating its 43rd year with artworks from prominent figures like Roy Lichtenstein, Andy Warhol, Keith Haring, Julian Opie, Mr. Brainwash, Pablo Picasso, Marc Chagall, Louis Icart, and many others. The auction house is also offering in-house framing and shipping to anywhere in the world. The sale will be held live on January 26, 2023. Collectors can view the complete catalog and place bids by visiting Bidsquare. Sacred Bull, a rare oil on canvas by Neil Gavin Welliver, is a leading lot in the Luxor Sale of Modern & Contemporary Art (lot #226; estimate: USD 40,000 - $60,000). The piece is hand-signed by Welliver, an artist known for his large-format landscape paintings and woodcuts that depict profound yet unassuming views of birches, streams, and evergreens in rural Maine. Even in the frigid Maine winters, Welliver went trekking into the forest to make plein air paintings. Welliver was an American artist who pioneered the Contemporary Realism art movement in the 1950s, affiliated with the American painters Alex Katz and Fairfield Porter, who painted to translate the atmosphere around them. He received his MFA from the Yale School of Art. His works are in the collections of the Art Institute of Chicago, the National Gallery of Art in Washington, D.C., and the Museum of Modern Art in New York, among others. Neil Welliver - Sacred Bull Watch Out! (Large Blue), a limited edition of three by Mr. Brainwash, is also available in the Luxor Sale of Modern & Contemporary Art (lot #16; estimate: $15,500 - $21,500). It is an original screenprint with hand-splattered paint on paper. The used-clothing-store-owner-turned-street-artist Mr. Brainwash created this piece in 2019. It shows a large blue dog barking at a bystander, holding back a chain held by its owner. The owner holds a paintbrush dipped in blue paint, the exact color of the dog. Mr. Brainwash gained popularity after reproducing iconic Pop art. Mr. Brainwash…
Auction Industry, Press ReleaseWarhol’s Diamond Dust Shoes Highlight Bonhams Post-war & Contemporary Sale
Diamond Dust Shoes (1980) by Andy Warhol, estimated at $1,200,000 - 1,800,000, and Untitled (1956) by Alexander Calder, estimated at $700,000 - 1,000,000. View Catalogue New York – An exceptional painting, Diamond Dust Shoes, (1980) by Andy Warhol (1928-1987) will be presented at Bonhams Post-War & Contemporary sale on November 16 in New York. The work, estimated at $1,200,000 – 1,800,000, is from a series of nearly 50 paintings which perfectly demonstrate the qualities that made Warhol the icon he is today: seriality, repetition, and an everyday item being elevated to high art status. The diamond dust effect gives the surface of his works a shimmering effect reminiscent of his use of gold leaf in the late 1950s, creating a magical touch of glamour. An exceedingly rare oil painting by Alexander Calder (1898-1976) is an additional highlight of the sale. Estimated at $700,000 - 1,000,000, Untitled (1956) depicts two pyramids, off in the horizon, with the two anthropomorphic, alien figures gazing out over them and is an exquisite illustration of Calder's exploration of shape and color typically seen in his world-renowned mobiles and monumental stabiles. Also featured in the sale is Untitled (Radiant Baby) from the Grace House Mural (circa 1983-1984) by Keith Haring (1958-1990), estimated at $700,000 – 1,000,000. A succinct and impressive encapsulation of the artist's legacy and practice, the work was a part of Haring’s mural in New York City’s Grace House Church which was meticulously excavated and first presented at Bonhams in 2019. Rue Song (2018) by Adriana Varejão, estimated at $300,000 – 500,000, and Death of Jane McCrea (1951) by Roy Lichtenstein, estimated at $70,000 – 100,000. A section of early examples by the titans of 20th century art, Mark Rothko (1903-1970) and Roy Lichtenstein (1923-1997), further enforces the substantial offerings in the auction. The three works included in the sale by the pop art master, Lichtenstein, come from the esteemed collection of H. Lee Turner while In Limbo (1941-1942) by Rothko, estimated at $120,000 – 180,000, similarly comes with extensive provenance and exhibition history. Additional sale highlights: Rue Song (2018) by Adriana Varejão (b. 1964). Estimate:…
Auction IndustryFrom Classicism to Contemporary Art, a Collection Assembled in Paris and New York
Marie-Régine Didier followed her tastes, mixing styles in her New York and faubourg Saint-Honoré apartments without caring about trendiness. Her eclecticism is highly appealing. Jean Paul Riopelle (1923–2002), C’est rocheux (It’s Rocky), 1974, oil on canvas, signed and dated lower right and numbered “AM 30”, 81 x 100 cm/31.88 x 39.37 in. Estimate: €100,000/150,000 Friends, who fondly called Marie-Régine Didier "Catoune", remember her as an elegant, cheerful and caring woman. Born in Valence in the South of France on July 20, 1936, as a little girl she would whisper, full of hope and desire, “another world awaits me”, says her friend Christian Leprette. Her dream came true when her studies and a modelling career brought her to Paris. She moved to rue de l’Université and discovered the Saint-Germain-des-Prés neighborhood, immediately falling in love with its bars, restaurants, cabarets and galleries. This cosmopolitan world opened up new horizons to her. On October 12, 1970, Catoune married Édouard and became Mrs. Marie-Régine Didier. She inherited a large press group from her father that included L’Usine nouvelle Maison française and Le Moniteur des travaux publics et du bâtiment among itspublications. Her husband was a great entrepreneur who developed his company in the United States for ten years. They rounded each other out: he was a discreet, brilliant businessman, she an open-minded, affable woman keen to bring people together around them and deepen their relationships. She also made “wise real estate investments and had a flair for decision-making,” says Mr. Leprette. She died childless on November 18, 2021, 11 years after her husband, and had asked her friend to take care of selling her collection, furniture, and other objects in her last apartment, on rue de Grenelle. Some of the contemporary works are not included in the catalog and will certainly be donated to institutions in the United States. Four crackled white-glaze ceramic statues in 18th-century style (three reproduced) depicting the four seasons, h. 156 cm/61.42 in.Estimate: €3,000/5,000 A Classic Interior…Pictures of the bourgeois apartment are striking. The classic pieces in the hallway, such as immense 18th-century style white glazed ceramic statues, are estimated €3,000/5,000. In the living room, a pair of 18th-century German Boulle marquetry…
Auction Industry, Press ReleaseToomey & Co. Auctioneers To Hold Modern Design + Post-war & Contemporary Art Sale On August 24
Oak Park, IL — On Wednesday, August 24, 2022, Toomey & Co. Auctioneers will hold a Modern Design + Post-War & Contemporary Art sale with over 350 lots by influential figures from the mid-20th century to the present. Items on offer include paintings, prints, sculptures, furniture, lighting, metalwork, pottery, glassware, and more. Along with examples by artists and designers from Chicago and the Midwest, the sale features works by a range of American and global innovators. Preview details and bidding instructions follow the auction highlights below. Highlights of Modern Design + Post-War & Contemporary Art on August 24 Sorcerer’s Village, 1972Estimate $4,000-6,000 Paintings, Drawings, Prints & Sculptures One of the standout works on August 24 is an oil on canvas by celebrated Mexican painter Rodolfo Morales, Plaza in Four Parts (estimate $20,000-30,000), which combines elements of magic realism and surrealism to portray a traditional village scene. Robert Lostutter also draws on fantasy and the sale includes three of his watercolor and pencil drawings and an etching with unusual creatures (highest $3,000-5,000). Other illustrations of note are Patrick Nagel's drawing for COQ magazine and Bernar Vernet's conceptual, geometric work (each $4,000-6,000). Black artists with examples in the auction include Romare Bearden, Jacob Lawrence, and Margaret Burroughs (highest $4,000-6,000). Two figural ceramic plaques will be up for bid by Marcello Fantoni and Clyde Burt and several steel sculptures by James Bearden will be offered (highest $7,000-9,000). The auction also has works by many other notable artists, such as: Marc Chagall, Alex Katz, Robert Rauschenberg, Sol LeWitt, Andy Warhol, Keith Haring, Peter Max, LeRoy Neiman, and Banksy (highest $1,500-2,500). Modern American Design American design features two pine display tables by Donald Judd selected by architect John Pawson for Calvin Klein NYC (each $10,000-20,000). Another statement-making form is Vladimir Kagan’s Cloud sofa for Directional ($6,000-8,000). Several classic, mid-century furniture lines are available from Edward Wormley and Paul McCobb (highest $5,000-7,000). Iconic examples from Herman Miller and Knoll will likewise highlight the sale. From George Nelson, the auction includes a Home Office desk, X-Leg dining table, and CSS wall unit (highest $4,000-6,000). Charles and Ray Eames are well represented with four DKW-2 chairs, a 670 / 671 lounge chair and ottoman, and a Compact sofa (highest $2,500-3,500). Various seating options from Bauhaus architect Mies van der Rohe are part of the sale, in particular, two Barcelona lounge chairs and two ottomans offered together and a custom, four-seat…
PeopleAstrid Ullens: From Contemporary Art to Photography, a Committed Collector
Astrid Ullens de Schooten Whettnall was born into a family that entertained the doctor and writer Georges Duhamel, soprano Elisabeth Schwarzkopf and conductor Herbert von Karajan. A contemporary art and photography collector, she created the Fondation A Stichting 10 years ago. Astrid Ullens How did you begin collecting?I started with contemporary art in the 1980s, working with the Antwerp gallerist Micheline Szwajcer. She introduced me to the great sculptors and painters of the time, like Carl Andre, On Kawara, Stanley Brouwn and Alighiero Boetti. Having grown up in a highly cultured family, it was a rejuvenating experience. Before I started working, I was an obedient housewife and the mother of four children. The two realms remained apart: I didn't dare show my acquisitions at home. What brought you to photography?When I became aware that contemporary art was turning into a business, in other words when money started to matter more than the artists’ work. That’s not my idea of how things should be. I’ve never bought anything as speculation. I felt the need to do research, meet the artists and exchange ideas with them. Some were expensive—I bought certain works for €15,000, a big effort—but prices weren’t as exorbitant as they later became. I stopped everything overnight. One year, I wanted to buy a Brancusi sculpture at the Basel fair but it cost too much so I settled for one of his prints. I didn't think I’d go any further. I went to Paris Photo, which was then at the Carrousel du Louvre, where I discovered Lewis Baltz’s “Prototypes” at Thomas Zander’s booth. That’s how I caught the bug. Adriana Lestido, Untitled, 1991-1993.© Adriana Lestido What draws you to photography?I realized that photography attests to what is doomed to disappear, and that the days of silver prints were numbered. The idea of transmitting is very important to me, especially now that I’m 83 and have 15 grandchildren. I consider art a space of dialogue. That’s why, in the 2000s, I started gathering my acquisitions in a beautiful loft apartment in Brussels to share them with an intimate circle, my grandchildren and others by hosting…
PeopleDimitris Daskalopoulos: Contemporary Art Open to the World
On the occasion of his major donation, the Greek collector talks to us in his Athens HQ about the reasons for this decision, his passion for art and his philosophy. Dimitris Daskalopoulos in front of David Hammons' Untitled, Body Print, 1975 (106.7 x 78.7 cm/42 x 30.9 in), which he recently donated to the Tate. Photo: Natalia Tsoukalas Dimitris Daskalopoulos, a leading contemporary art collector and founder of the culture and development organization NEON, recently announced the donation of part of his famous collection—which includes works by Louise Bourgeois, Paul Chan, Robert Gober, David Hammons, Mona Hatoum, Sarah Lucas, Jannis Kounellis, Paul McCarthy, Steve McQueen, Annette Messager and Kiki Smith—to four museums in Athens, Chicago, New York and the UK. The donation includes over 350 works by 142 artists: 140 go to the National Museum of Contemporary Art in Athens, a joint donation of 100-odd to the Guggenheim in New York and the MCA Chicago, and 110 to the Tate in London. What led you to make such a significant donation?It was the next obvious stage of my journey and the way I view art, the ownership of works, and their meaning and value. I felt the time had come for me to make decisions about the future of my collection. The works that make it up ought to be seen by a large number of people; they need to be in dialogue with other forms of contemporary art, especially the art of tomorrow. This is why I decided to make them accessible to the public through museums and public institutions with the means to exhibit them. How did you become a collector?First of all, I have to say I don't consider myself a collector in the sense of someone who likes to buy beautiful things, decorate their house in a spectacular way and impress their friends. I've never been like that. I see myself as a curator of a collection. I didn't buy the works because I wanted to own them, but because I wanted to express my way of thinking. These works, which I love and admire, belong firstly to the artists who created…
Auction IndustryNative American Art to Hit Bonhams’ Block, From Louisa Keyser Baskets to Contemporary Paintings
On June 29, 2022, Bonhams’ Native American Art department will present a curated sale of historical and antique items. The available lots acknowledge the diversity of Native American art, which includes countless mediums and distinct styles. “‘Native American art’ is a very broad term. Plus, there are people who collect regional objects, while others who collect a little bit of everything,” the Director of Bonhams’ Native American Art Department in Los Angeles, Ingmars Lindbergs, told Auction Daily. “It can seem a bit eclectic at times.” An exceptional Louisa Keyser / Dat-so-la-lee degikup basket, Washoe. Image courtesy of Bonhams. Native American jewelry, pottery, Southwest paintings, textiles, and more will be available this June. Many of the objects date back at least 100 years. One portion of the catalog is devoted to Inuit ivory objects excavated from St. Lawrence Island, located west of mainland Alaska. The lots were primarily sourced by authorized Inuit people living on St. Lawrence Island who sell the antiques for revenue. These small figures and utilitarian objects are between 500 and 2,000 years old. “We have a very fine selection of baskets from a number of different sources, including what I believe to be the largest single-owner collection of Northern California basketry hats. An elderly couple in Oregon consigned the items after spending the last 30 to 40 years building their collection,” Lindbergs said. Among the top lots is an exceptional degikup basket from Louisa Keyser, also known as Dat-so-la-lee (lot #149; estimate: USD 150,000 - $200,000). This slightly oval basket features a stitched design of concentric triangles and chevrons. The artist favored this form between 1898 and 1916. She produced approximately 40 major ceremonial baskets like the available lot while under the patronage of Abe and Amy Cohn. A Northwest Coast raven rattle. Image courtesy of Bonhams. Another section of the sale is devoted to Pacific Northwest Coast art, which includes recognizable design elements and careful artistry. One notable piece of Pacific Northwest Coast art in the sale is a pipe bowl from the 1820s or ‘30s (lot #73; estimate: $15,000 - $20,000). It showcases the classic…
