The First Art Newspaper on the Net Established in 1996 United States Sunday, November 23, 2014


Schiele's 'Procession' Sells for euro4.4 Million at im Kinsky Kunst Auktionen GmbH Auction House
The painting "Procession" of Austrian artist Egon Schiele is displayed during its auction at the Palais Kinsky in Vienna November 9, 2010. REUTERS/Lisi Niesner.

By: Veronika Oleksyn, Associated Press

VIENNA (AP).- A painting by Egon Schiele sold for euro4.4 million ($6.1 million) on Tuesday, a sizable sum but below estimates of its worth.

"Procession" depicts three women in different stages of their lives and dates back to 1911, when the Austrian artist — known for his sexually provocative pictures — was just 21 years old.

It belonged to an unidentified American art collector and was valued between euro3.5 million ($4.8 million) and euro7 million ($9.6 million) in the run-up to bidding in Vienna's packed im Kinsky Kunst Auktionen GmbH auction house.

In the end, the hammer price — which excludes commission and taxes — was euro3.5 million. Bidding started at euro2 million ($2.8 million).

Director Otto Hans Ressler said he was pleased with the sale, adding the market was healthy but that the painting was "great but difficult" to grasp.

"It's, of course, a terrific success that we were able to sell the painting," Ressler told The Associated Press. "I was incredibly happy about the wide range of bidders. This wasn't a lonely affair."

Elisabeth Leopold, widow of the late head of Vienna's Leopold Museum, said she hoped the unidentified buyer would make "Procession" available for an extensive Schiele exhibit next fall.

"Seen on its own, I'd say this is a very mysterious picture out of a fairy tale" she said, adding that Schiele was very experimental in 1911 and that "Procession" needed to be appreciated in relation to other works he created around this time.

Egon Schiele | Kinsky Kunst Auktionen GmbH Auction House | Vienna |




Today's News

November 10, 2010

Christie's Expects to Sell "Ordination" by Nicolas Poussin for £15 to £20 Million

Social Realist Artist Jack Levine Dies on Monday at New York City Home at Age 95

Schiele's 'Procession' Sells for euro4.4 Million at im Kinsky Kunst Auktionen GmbH Auction House

Ground Broken on Frank Gehry's $81 Million Underground Utility Space at Philadelphia Art Museum

Playwright Spalding Gray's Archive Acquired by University of Texas' Harry Ransom Center

Andy Warhol's "Men in Her Life" Sells for Over $63,000,000 at Phillips de Pury & Company Sale

Grand Rapids Art Museum Marks 100th Anniversary with Exhibition Diana, A Celebration

Marianne Boesky Gallery Opens First Exhibition of the Works of Alighiero Boetti

Sotheby's Announces Sales of Russian Paintings, Icons, Fabergé and Works of Art

Julien's Auctions Announces an Auction of "Icons & Idols" Memorabilia and Ephemera

Sotheby's to Offer For Sale The Celebrated Collection of Stuart Cary Welch

Andrew Gadd Further Develops His Themes of Isolation and Social Brutality at Agnew's Gallery

Sotheby's to Offer a Rare Interior of Furniture by French Art Deco Atelier Émile-Jacques Ruhlmann

French Design Phenom Patrick Jouin Makes His American Museum Debut at Museum of Arts & Design

Fire Damages Neil Young Memorabilia

Robert Wilson, Co-Founder of Jupiter Artland, Becomes Chair of Edinburgh Art Festival

Saint Louis Art Museum Accepts Major Gift of Japanese Prints from Charles and Rosalyn Lowenhaupt

Portrait of Drury Lane's Best Known Lady Macbeth to Be Offered at Bonhams

Guercino's "King David" and "The Cumaean Sibyl with Putto" Displayed Together at the National Gallery

Most Popular Last Seven Days



1.- Greece holds breath as skeleton found in Alexander the Great-era tomb at Amphipolis

2.- Spain mourns the death of art collector Cayetana Fitz-James Stuart, Duchess of Alba

3.- Meet the ancestors: Exhibition at Bordeaux gallery reveals faces of prehistoric humans

4.- Getty Foundation and partners launch free of charge online art collection catalogues

5.- Historic photos of dead Cuban revolutionary Che Guevara resurface in small Spanish town

6.- Exhibition showcases the first two 'Poesie' created by Titian following their restoration

7.- O'Keeffe painting sells for more than three times the previous world auction record for any female artist

8.- Crystal Bridges announces the departure of museum President Don Bacigalupi

9.- artnet Auctions offers a later example of Yayoi Kusama's important Infinity-Nets series

10.- 'Degenerate art' should go back to museums: German advisor Jutta Limbach



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site