“contemporary” About 24
-
Press ReleaseDavid Hockney Double Portrait Earns $49.5 M. at $104.6 M. Christie’s London Contemporary Sale
David Hockney, Henry Geldzahler and Christopher Scott, 1969, sold for $49.5 million.CHRISTIE’S IMAGES LTD. 2019 After a strong night at Sotheby’s on Tuesday, the London contemporary sales continued this week with a £79.3 million ($104.6 million) evening sale at Christie’s that saw 38 of 41 lots sell, for a taut sell-through rate of about 93 percent. The most anticipated lot of the sale was David Hockney’s Henry Geldzahler and Christopher Scott (1969), picturing the famed Metropolitan Museum of Art curator seated on a pink sofa, by which his then boyfriend stands in a trench coat, which made £37.6 million ($49.5 million) with buyer’s premium. Gerhard Richter, A B, Tower, 1987, sold for $4.12 million. Bidding began at £27 million and steadily rose by £1 million increments as a handful of bidders competed for the piece. It hammered without too much drama at £33 million, and earned some light applause from the room. The work had carried an on-request estimate that was said to be above £30 million (about $39.5 million). The seller was the estate of the late collector Barney A. Ebsworth, whose formidable collection, predominantly of American modernism, has been handled by Christie’s over the past few months. (Last November, it hosted a special evening sale that saw a new $91.9 million record for Edward Hopper, in addition to 12 other artist records.) Ebsworth acquired the Hockney in 1997 from New York dealership Mitchell-Innes & Nash, according to the sale’s catalogue. In 1992, the work sold at Sotheby’s New York for just $1.1 million with premium, to megacollector David Geffen. A climb of more than $48 million over about a quarter-century: not too bad. The Hockney result comes just months after one of the artist’s key works, Portrait of an Artist (Pool with Two Figures), 1972, sold for $90.3 million at Christie’s New York, making the 81-year-old Brit the record holder for the most expensive work of art by a living artist ever sold at auction. (Unless noted, all prices include buyer’s premium, which is 25 percent of the hammer price up to and including £225,000, about $254,500; 20 percent on the next increment up to and including £3 million,…
-
Press Release$10.8 M. Basquiat Leads Robust $122.9 M. Sotheby’s Contemporary Sale in London
Jean-Michel Basquiat’s Apex, 1986, sold for about $10.8 million. Tonight, at Sotheby’s London, the auction house sold £93.3 million (about $122.9 million) worth of contemporary art in an auction that saw 60 of 66 lots sell, yielding a robust 91 percent sell-through rate. Three auction records were set, for artists Rebecca Warren, Adam Pendleton, and Toyin Ojih Odutola. The priciest work of the night was Jean-Michel Basquiat’s Apex (1986), which hammered to a phone bidder at £7.5 million after about four minutes of competition. With premium, its price was £8.23 million ($10.8 million). The work had been guaranteed to sell, with the auction house obtaining a so-called irrevocable bid from an interested buyer for the work, and it had carried an on-request estimate said to be around £5 million to £7 million ($6.56 million–$9.18 million). Gerhard Richter’s Abstraktes Bild, 2009, sold for $9.12 million. All sales prices include buyer’s premium, except where noted: 25 percent of the hammer price up to and including £300,000 ($394,000); 20 percent for the segment running up to and including £3 million ($3.94 million); and 13.9 percent for any sum above £3 million. The Basquiat was being offered by a collector who acquired it in 1995 from dealer Gian Enzo Sperone in Rome, according to its listing in the auction catalogue. Earlier in its journey through various collections, the piece had sold for £16,000 at hammer ($28,190) at Christie’s London in June 1988, a little more than a month before the artist’s death at the age of 27. It’s a big moment for Basquiat right now, with a blockbuster survey inaugurating the Brant Foundation’s new location in Manhattan’s East Village and another exhibition on deck at the Guggenheim Museum in New York later this year. The solid auction performance came days after Sotheby’s posted a profit for the fourth quarter of 2018 that was up 12 percent over its 2017 results during the same period. The auction house also reported that its overall sales were up 16 percent in 2018 versus the year prior. Jenny Saville’s Juncture, 1994, sold for $7.17 million. Other top lots included Gerhard Richter’s yellow and red Abstraktes Bild (2009), measuring about 70 inches…
-
Press ReleaseMEDIA ALERT: Christie’s Staff Art Show: Inside Job | Proceeds to Benefit Sing for Hope | July 25 – August 5, 2019
(left to right) TIM BALBONI, Ida and Dactyl, diptych, acrylic on basswood, Estimate: $1,000 - 1,500; LAURA MURRAY, Oklahoma Studies, oil on 3 panels, wood, hay Oklahoma state quarter, Estimate: $600 - 800.; ALIX BICKSON, Concrete Jungle, chromogenic print, Estimate: $100 - 200. Christie’s announces this year’s Staff Art Show, Inside Job, which will open to bidding from July 25 – August 5. The online auction will be accompanied by an exhibition at Christie’s New York galleries from July 25 – August 5 with an opening reception on August 1st. Inside Job presents nearly 100 works of art created by Christie’s New York employees from departments across the company including Art Handlers, Marketing, Estates and Appraisals and Specialist Departments such as Watches, World Art, and Post-War and Contemporary Art. The sale features unique paintings, works on paper, photography, and sculpture highlighting the diversity and creativity of the artists. With estimates starting at $100, the sale offers a rare opportunity for new and seasoned collectors to purchase works of outstanding quality by art-world insiders, many of whom are experts in their field. This year, continuing Christie’s Corporate Social Responsibility initiatives, a portion of the proceeds from the auction will be given to Sing for Hope, a charity which brings the healing and unifying powers of art and creativity to people all over the world in hospitals, schools, refugee camps and public spaces. Additionally, the opening reception on August 1st will feature five Sing for Hope Pianos: "Urban Harmony," by King Yan "Fina" Yeung; "Color in the City," by Billy The Artist; "Treasure," by Noël Copeland; "Hummingbirds," by Robert Padovano; and "Basant Utsav (Celebration of Spring)," by Alpana Mittal "Tejaswini." About Christie’s Christie’s, the world’s leading art business, had auction sales in the first half of 2019 that totalled £2.2 billion / $2.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting private sales for its clients…
-
Press ReleaseRELEASE: Christie’s Education Is Pleased To Announce News For The Academic Year 2019-2020
New members of the Art World Professional Advisory Group for Higher Education*Inaugural Art and Tech courses in London and New York*Expanded global portfolio of Jewellery and Asian Art courses, updated Art Business programmes*Two new online programmes, including a course on Watches Christie’s Education is pleased to announce the expansion of its global portfolio of programmes with over 100 art world courses starting from this September to meet the increasing demand for art education and enhance the learning experience for students. Jane Hay, International Managing Director of Christie’s Education, commented: “Our global portfolio appeals to a wide range of interests, from Art Business, Art History, Luxury and Art and Tech. In the first half of 2019, nearly 1,000 students from over 80 different countries enrolled on Christie’s Education postgraduate and continuing education programmes in London, New York and Hong Kong, as well as online. By educating students, while introducing them to various collecting categories, we believe that we play an important role in giving our audience the confidence to break into the art world. Simultaneously, we keep on building the global group of art professionals, with our alumni working in interesting positions in the art world at the forefront.” Higher Education Christie’s Education Art World Professional Advisory Group, delivering insights on employability across all sectors of the art world to benefit our master’s programmes and the professional development of our students, has recently grown to 14 members. Among the newest members are Tonya Nelson, Director of Arts Technology and Innovation at Arts Council England, Christopher Gaillard, Deputy Chairman of Gurr Johns, Inc., New York, and Jennifer Roberts, CEO of Design Miami. Representing various areas of the art world, their considerable expertise, experience and networks enable Christie’s Education to closely track employability trends and ensure students are fully equipped for employment in today’s competitive art market. In the new academic year starting in September, the London campus will welcome students on the MA Art History and Art World Practice for the first time. The new programme, complementing the existing higher education portfolio in New York and London, will enable students to develop the historical knowledge…
- < Previous
- 1
- 2
- 3
