Giacometti bust is floundering while Frank Lloyd Wright Lamb in Sotheby is 186.4 m.
Sotheby’s Modern Art Evening Sale was sold in New York on Tuesday evening, collectively for $ 152 million, or $ 186.4 million with buyer, through 60 pieces. Fifty businesses were sold, at a rate of sale of 83.3 percent. About 40 percent of the pieces exceeded their high estimates, with half of the auction appearing for the first time. The result has been strong given the art of cooling art recently, although the prominent Miss Night Miss cast a long shadow.
Among the best pieces was Pablo PicassoHomme AssisWhich sold for $ 15.1 million for a grade of 12 million dollars to 18 million dollars. (All the prices listed include the buyer premium unless it is stated otherwise.
Georgia OkevPapersThat was not previously sold before, was among the many pieces that turned into a competition, reaching nearly 30 offers before the sale for $ 13 million, which is more than $ 8 million to $ 12 million. Rene MagritLa Traversée is difficult Just scan his low appreciation to decline at $ 10.04 million, while Alexander CaldrFour big points,A black -plated metal mobile has been promoted since 1966, when it reached 6.7 million dollars after providing deep bids in the room, for a total sale price of $ 8.3 million. Paul ScinacSt. George. Kochant (Venice)– In private hands for more than 70 years – up to $ 8.1 million, a new auction for one of the Venice scenes for artists.
While the sale has achieved strong prices for the Blue SIM numbers, it was certain that the after -sales talk was dominated by the failure of Alberto Giakometi Grande Titi Mins To find the buyer. The 1955 bronze statue of the artist’s brother, Diego, was widely developed as the most works of spring auctions, with expectations northern $ 70 million. It was presented without financial guarantee by the Soloviev Foundation, and opened the work for $ 59 million. There was a handful of the parties concerned, or so it seemed. After a few minutes of pampering, Oliver Parker managed to persuade $ 64 million in the room. (Perhaps, these were the alleged chandeliers bids, and ghosts in the sales hall.) Then, after stopping the pregnancy, Parker divided the offer of a person who hoped the lucky number would be $ 64.25. But it seems that the seller was in mind that Parker could not reach him.
The corridor achieved a rare general defeat for Jiakometi from this caliber, which was thrown during the artist’s life and is believed to be the only example of its version. More than a few people vibrate heard after Parker dropped the hammer and announced the work “pass”. These moments have turned into an embarrassing applause, followed by a wave of conversation in the quiet pin room.
Parker continued, ever, with the next piece, with Lionel VinengerTOROMPETENBLUSER I (First Solver)Above the debt, which was resigned once Feininger was sold to poetry on its high appreciation, at $ 5.08 million. The best of the season was not suggested that even with the star origin by the blue artists of the chip, they are not immune to hesitation at the market summit.
Counselor Peter Bentley Brandt said: “Christie has done better in securing and putting the best piece, and making it successfully across the line,” said Counselor Peter Bentley Brandt. ARTNEWS. “The failed sale of Giacometti will give future real estate in the direction they want to move to. However, the results also emphasize its continuous strength in the sub -part – $ 5 million,” especially in design, where the benefit remains strong. “
The CEO of Sotheby, Charles Stewart, who was speaking after the sale, insisted that the result was not a cause of warning. “It was a real auction moment,” he said ARTNEWS. “The seller believes in work and was ready to allow him to leave without a guarantee. This is rare today. It is better than watching 20 pieces designed for sale in one attempt.” While Stewart emphasized the value of price transparency and risk risks, the result highlighted the limits of dependence on position and the case alone. “Nobody lost money,” added. “He did not sell the work, but he returns to the owner. They are fine.”
One of the elements that were closely monitored in the evening were the collection of businesses of Rolf and Margate Winberg, a Swiss university who was described as “moving it” and extended impressionism and early modernity. Paul CiesanDam Cezanne’s pictureIt was sold for $ 7.4 million, and it is the second highest payment price ever in a public auction for a picture of the artist’s wife, Hortense. Henry MattisLu BrasShe brought $ 4.2 million, while Wallasley Kandinsky Anf (Beginning) The hammer took place at $ 2.1 million. Egon ShellGewitterBergIt is sold for $ 2.2 million. Edofard MonachA picture of Hinrich C.Also from the Weinberg Group, it was chased by five bidders before selling at $ 1.9 million to a mosque in Asia. Although these results did not divide the records, they achieve the validity of the Sotheby’s concentration this season on the historical depth, a long purchase, and an accurate mix of prices and presentation.
In contrast to Giacometti, some of the most aggressive bids at night were not for drawings but for a lamp. The Frank Lloyd Wright lamp was sold in 1904 for Susan Lawrence Dana House in Springfield, Illinois, for 7.5 million dollars after a 10-minute bidding battle, and a quarter of nearly a quadruple, where he achieved the price he achieved when he appeared at the 2002 auction. For early American design. I did not disappoint.
Starting from 2.5 million dollars, Parker worked in the room with visual energy, as the number of bids increased in the age of thirty, eventually reached $ 6.1 million before being stripped of this price. At a point, the light applause erupted in the room, followed by a noticeable exit: at least 15 people got up and left, as if they had seen what they came for.
This latest strategy appears to be a design piece in a modern evening sale that is dedicated to Sotheby. A precedent Wright’s result is followed in November, when a tiny glass window of Tiffany Studios was sold for $ 12.4 million in Sotheby’s, a new record for The Atelier, which Luis Mara, Tiffany, was sold. In 1913, commissioned in the Ohio Church, the Danner Memorial Window was distinguished by the first time that Tiffany’s main work appeared in a blue evening sale along with works like Monet and Picasso.
TIFFANY and Wright’s results indicate a shift in how to put Sotheby’s in the design mode, as an emerging category with the ability to attract a wider category of university. If Giacometti’s busts unveil the limits of demand at the top, the lamp may have proven that scarcity and narration are still leading work.
“I am sure this will be seen as disappointment, especially with Giakomei,” I told Chancellor Maria Brito ARTNEWS. “But at the end of the day, Sotheby’s, just like Christie’s, is a power. Selling nearly $ 200 million of art in one night is impressive.”
However, Brito noticed that the sale bent towards “B+” and lacked the cohesion of the sale of Christie in the twentieth century the night before. She said, “I felt gently,” she said, referring to many second -class works that revolve around the evening. But she also saw the opportunity. “Now is a great time to buy. There have been a lot of opportunities in this sales hall.”
