At another point in the beginning portion of the night, Basquiats 1984 canvas Moon View also shot past expectations. The sale price exceeded the pre-sale estimate of 65 million pounds . Now, the auction house is giving them more room to shine. Sotheby's Modern Art evening sale in New York, May 16, 2023. In the contemporary art portion, Phillip Gustons painting Ominous Land (1972), featuring the artists controversial Klansman figure, will be among the highlights to hit the auction block, where it is expected to fetch $6 million to $8 million. ARTnews Kerry James Marshall Painting Sells for Record-Smashing $21.1 M. in Sotheby's High-Flying $284.5 M. Contemporary Art Evening Sale By Judd Tully May 17, 2018 1:46am Kerry James. Following the $676 million sale of the Macklowe collection on Monday, Sothebys staged the last set of evening sales in its marquee week in New York on Thursday night. Toyin Ojih Odutolas Through Line (2017), a charcoal and pencil work on paper featuring a standing female figure, outpaced expectations, bringing the artist her highest-ever auction price when it sold for $2.2 million. This decision came after the family submitted new evidence to the restitutions commission of the Netherlands, including a postcard featuring an image of the painting. Description Sir Peter Paul Rubens Siegen 1577-1640 Antwerp Saint Sebastian tended by two angels inscribed with an inventory or collection number lower left: 99 oil on canvas 124 x 97.8 cm. This time, the painting did much better, slightly exceeding its estimate range and reaching 20.8M / $24.9M (or 24.2M / $29M w/p). Among the most desirable and sought after whiskies on the market, this represents the most luxurious of Macallan, not only in presentation and quality, but also in rarity and age. The document sold for a final price of $43 million. And in the Now evening sale, Yoshitomo Naras large-scale painting Nice to See You Again (1996) will be offered alongside a Mark Bradford abstraction. Co-presenting alongside the African American Cultural Heritage Action Fund and Pace Gallery, the auction will showcase works co-curated by Venus Williams and Adam Pendleton, with a selection of pieces by artists like Cecily Brown, Robert Longo, Mary Weatherford and Stanley Whitney. Get our latest stories in the feed of your favorite networks. Finally, in third was Pablo Picassos. The inventory of homes for sale in Camarillo, CA between April 2023 and May 2023 decreased by 13.2%. These works have been historically been offered as the first few lots of the evening sales in order to spur momentum among bidders. The work has an impressive provenance, having been acquired by the Swiss art dealer Thomas Ammann in 1991 before making its way to New Yorks Gagosian Gallery and then to the collection of fashion designer Gianni Versace. It was estimated to sell for a price around $45 million. Contemporary Evening Auction | 2023 | Sotheby's Auction Closed Contemporary Evening Auction 18 May 2023 19:00 EDT New York Please note that the results listed on this page are inclusive of Sotheby's Buyer's Premium and Overhead Premium, and exclusive of any applicable taxes and costs, unless otherwise noted. The bidding attention comes amid Browns mid-career survey that recently opened at the Metropolitan Museum of Art. Hammering ultimately with a New York bidder, it sold for a final price of $649,200, 8 times its low estimate of $80,000. A three-way bidding war drove the lot up past its 2.8m high estimate, and it eventually hammered for 3.8m to a phone bidder via the specialist Tessa Kostrzewa. Among the top works sold in the final portion of the night was Roy Lichtensteins Two Paintings: Craig (1983), featuring his signature buxom blonde protagonist. Or is it a part of the American wing of the Metropolitan Museum of Art? Another big-ticket item was a deep-blue night scene by market darling Matthew Wong. Beeple Donates NSFW NFT to Castello di Rivoli, a Rarity in the Museum World, Sotheby's Attempts a New Auction Model Amidst the Economic Downturn, Klimt Record Provides Sotheby's $252.9 M. London Sales with a Jolt Amid Fears of a Market Correction. A first printing of the United States Constitution on display at Sothebys auction house during a press preview for the upcoming auction, Friday, Nov. 5, 2021, in New York. The complete lot by lot results can be found here (Evening) and here (Day). Copyright 2000 - 2023 Rehs Galleries, Inc. All Rights Reserved. ARTnews is a part of Penske Media Corporation. More Picasso pieces, plus works from artists like Claude Monet and Alexander Calder, will go on the block in Sothebys Modern Day Auction today (May 17), with a focus on Impressionist and Abstract Expressionism. Related Articles If you wish to report an issue or seek an accommodation, please contact us at help@rockethomes.com. The three sales will be titled The Modern, The Contemporary, and The Now. The first covers the late 19th and early 20th centuries, the second is devoted to the postwar era and the late 20th century, and the last spotlights art of the past couple decades. The theater was refurbished, and the paintings were sold to various collectors and galleries. Each company is a separate legal entity operated and managed through its own management and governance structure as required by its state of incorporation and applicable legal and regulatory requirements. The work went to a bidder on the phone with Sothebys New Yorkbased chairman Brooke Lampley. Brisbane, Queensland, Australia | Queensland Sotheby's International Realty The mansion, owned by a JLL executive, is hitting the market for A$20 million. While it didnt make the top three, there was one lot featured in Wednesdays sale that, similar to the Kandinsky, has an incredibly fascinating story, and it also involves Nazis. Initially, the house focused on blurring categories, auctioning Old Masters works alongside pieces by emerging artists. Tonight, the house sought to stage an entire event around these so-called first lots, which typically attract a swarm of bidders from across the globe and set the tone for the rest of the auction. App Store is a service mark of Apple Inc. It sold for $3.2 million, going for more than 15 times its $200,000 low estimate. which sold for $12.2 million Sotheby's two-part, 73-lot evening sale of modern and contemporary art raised $252.9 million. Meanwhile The Nowa sale that, compared to its equivalents at Phillips and Christie's feels much more curated and in keeping with critical as well as commercial moressuggests that the contracting ultra-contemporary market is not yet about to flatline, even if the froth is no longer there. Following the $676 million sale of the Macklowe collection on Monday, Sotheby's staged the last set of evening sales in its marquee week in New York on Thursday night. Dans p stranden, orDance on the Beach, is a long, 35.4-by-158.5-inch tempera on canvas by the Norwegian painter Edvard Munch. All information and images displayed on this web site are the property of Rehs Galleries, Inc. Two bidders on the phone with Sothebys chairman Brooke Lampley and David Schrader, Sothebys head of private sales, competed for the work, driving the hammer price up to $41 million, more than double the $15 million low estimate. While living in the American West, they acquired pieces that represented the area. In the contemporary art portion . Walking through the family's classic 5th Avenue apartment, which these contents adorned, one may wonder: is this truly a family home? Works by Pablo Picasso, Vincent van Gogh and Alberto Giacometti, among others, went on the block during yesterdays auction, but the standout sale of Sothebys Modern Evening Auction was Gustav Klimts Insel im Attersee, purchased for $52.3 million. The same collector liaising via Sothebys Los Angeles-based senior specialist Jackie Wachter on the phone snapped up three paintingsby Cecily Brown, Shara Hughes and Nicolas Party in quick succession, spending 4.4m in the space of 20 minutes. and may not be reproduced in any manner or from without the express written permission of Rehs Galleries. Sotheby's Contemporary Art Evening Sale Brings $233 M. - ARTnews.com "My father was always the one worried about the value of the art, and my mother was more concerned with the aesthetics," he tells Town & Country from within the main living room of the home. In an interview with ARTnews following the sale, Sothebys head of the contemporary art evening sale in New York, David Galperin, described the sales bidding as extremely deep and incredibly global, adding, We saw extraordinary recalibration. Courtesy of Sotheby's. New York's May auction season has come to a close. All information should be independently reviewed and verified for accuracy. | Richard Prince, Sotheby's Condition report Provenance Possibly Ambrogio Spinola, 1st Marquis of Los Balbases (1569-1630), Genoa; We want to hear from you! Contact: (855) 411-0505. The second-highest price paid for a work by Cecily Brown was also set during the sale, when her monumental painting Spree (1996), from the collection of late Los Angeles TV producer Douglas Cramer, sold for $6.6 million. His light-based sculpture Marquee M1535 (2015) received a rather flat reception compared to the buzz generated by the wet paintings that had preceded, and it hammered at 160,000, near its 150,000 low estimate, with just two bids. Send us a tip using our anonymous form. Two back-to-back sales . In both New York and London, the categories are now mashed into. "Evident in the intensely diverse range of subject, period and media, the Wolf Family Collection represents its own distinguished story and aesthetic while standing alongside the great American collections of the last century.". It hammered at $9 million, above the estimate range of $7 million$8 million. The auctioneer Helena Newman at Sotheby's Modern and contemporary evening sale in London, March 2023. "The big ticket stuff was set at high levels," says the London adviser Hugo Nathan, "meaning that it didn't soar". The evening was split into two sales, beginning with The Now, a white-glove 20-lot ultra-contemporary affair which surpassed its high estimate of 9.3m to make 10.9m (all totals are calculated without fees unless specified otherwise) and achieved records for seven artists including Michael Armitage and Miriam Cahn. With a smaller grouping of lots than in last years equivalent May edition, Sothebys, like its competitors Christies and Phillips, confronted a more cautious bidding atmosphere this week. Twenty-six lots in the auctions were guaranteed; 18 of them were secured with irrevocable bids. Fine Watches | 2023 | Sotheby's Their knack for collecting, of course, was passed down to him as he reminisces his young teenage years of doing his homework from the balcony of Sotheby's on Madison (before the auction house closed this location in 1982) while his mother looked at the current lots available. Post-Brexit London . The kitchen boasts a crystal chandelier that illuminates a large array of Chinoiserie porcelains. 2, Expert Voices: Selby Kiffer on Beatrix Potters Benjamin Bunny, The Luxury Edit: Important Jewels in Hong Kong. On Wednesday March 1st, Sotheby's London hosted a modern and contemporary evening sale featuring thirty-six works from Picasso, Pissarro, and Vlaminck to Warhol, Haring, and Hirst. The work was sold to a Japanese private collector, bidding with Yasuaki Ishizaka, chairman and managing director for Sothebys Japan, after a seven-minute bidding war. By the nights end, that sale raked in $303 million with fees after a total of five lots were withdrawn. Modern Evening Auction | 2023 | Sotheby's Auction Closed Modern Evening Auction 16 May 2023 19:00 EDT New York Please note that the results listed on this page are inclusive of Sotheby's Buyer's Premium and Overhead Premium, and exclusive of any applicable taxes and costs, unless otherwise noted. Compared to Sotheby's March 2022 evening sales in London, which shifted 53 lots for a total of 162m, yesterday's offering was notably slimmer"quality over quantity", says James Sevier, Sotheby's European head of contemporary art. 101.6 by 76.2 cm. Luxury Real Estate Headlines, Final Week in June 2023 - Sothebys Collectors in Asia had a strong presence at the auction houses most recent sales, accounting for more than one third of the total value, according to Sothebys. CFDA American Fashion Sale | Luxury Collectibles | Sotheby's Examining shifts in art throughout the second half of the century, the sale will also include Basquiats Nows the Time, which is estimated to sell for more than $30 million during its inaugural auction offering. After a seven-minute bidding battle, another work by Magritte, titled Le domaine dArnheim, an image of a broken window that leads out to a landscape scene, achieved $18.9 million. "Moby-Dick stands as one of the giants of 19th Century literature. Four lots in the Ostin sale, among them works by Mark Tansey, Mitchell, and Pablo Picasso, were backed with third-party guarantees or irrevocable bids. Two bidders incrementally rose the stakes for a work by Danish 20th-century painter Vilhelm Hammershi. Sotheby's New York is thrilled to present our Fine Watches auction taking place in September 2023. Estimate $20,000-30,000. Around 20 minutes before crowds entered the salesroom, it was announced that Edvard Munch's monumental Dance on the Beach (1906-07)the sale's only eight figure lot with no guaranteewould now carry an irrevocable bid. Gifts with special resonance to salute a centenary, a birth year or anniversary: first edition books, collectible timepieces and rare vintages. The total hammer price for the entire grouping (before fees were added) came to $200.6 million, just surpassing its collective pre-sale estimate of $140.8 million$199.8 million. Untitled. This sum seems . There was another big-ticket item that saw minimal bidding attention despite hype around its institutional merits. The painting was estimated to sell for at least $15 million. Visit .css-gegin5{-webkit-text-decoration:underline;text-decoration:underline;text-decoration-thickness:0.0625rem;text-decoration-color:inherit;text-underline-offset:0.25rem;color:#9a0500;-webkit-transition:all 0.3s ease-in-out;transition:all 0.3s ease-in-out;}.css-gegin5:hover{color:#595959;text-decoration-color:border-link-body-hover;}sothebys.com for more information. "One day, I picked up an old Sotheby's catalog of an emerald sale of Luiz Mila Patio which I think were the most beautiful emeralds to come to auction in history," he says. Sotheby's March 2022 evening sales in London. Everything We Know About Squid Game Season 2. . Their living room is adorned with several paintings that nod to their early days of collecting works from the Hudson River School era. The Contemporary Evening Auction will be held the same night, with Louise Bourgeois Spider as the star of the sale with a $40 million estimate. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went down by 25%, the quantity of 2 bedrooms homes went down by 19.2%, 3 bedrooms homes became 13.7% less available, volume of 4 bedrooms homes went down by 13.5%, 5 bedrooms homes became 13.3% more available. Sotheby's Modern & Contemporary Evening Sale - Rehs Galleries

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