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Bonhams hosts inaugural contemporary evening and day sales in New York
Tom Sachs (born 1966), Love Birds, 2008. Each: stamped '(c)'76. '07 SANRIO, JAPAN TOM SACHS MADE IN USA' (on the back of the bird) cast silicon bronze; Krylon white, primer and semi-gloss, 25 x 16 x 39in. (63.5 x 40.6 x 99.1cm). This work is number five from an edition of five, plus two artist's proof. Estimate: US$125,000-175,000.
NEW YORK, NY.- Bonhams new Contemporary Art Department announced their inaugural sale on May 10 and May 11, which will include works sold to benefit the Missing Peace Project. The two auctions, Contemporary Part 1 and Contemporary Part 2, both have been finely curated by the two new leaders of the New York department-Jennifer Yum, U.S. Head of Sales and Jeremy Goldsmith, U.S. Director of the Contemporary Department.

Jennifer Yum states, "We are delighted to hold the inaugural Contemporary Art Sale in New York this May. Our offerings include fresh works to the market and works never sold at auction that will appeal to new and seasoned buyers alike. We look forward to this new and exciting endeavor."

Leading the auction is Composition from Franz Kline, a seminal figure in the Abstract Expressionist movement (pre-sale est. $200,000-300,000). This work originally made in 1954 was given directly from the artist to the present owner as a wedding gift in 1958. This spontaneous and vivid oil and paper collage captures his signature dynamic and colorful brushstrokes.

Also leading the auction is Tom Sachs' charming sculpture, Love Birds, a cast of two birds sitting together beak to beak. Sachs employs the method of bricolage, a practice of putting together discrete or found materials to fashion something new. This cast bronze is number 5 from an edition of 5 (pre-sale est. $125,000-175,000).

Another highlight in the auction is Vik Muniz's Maria Callas from his "Picture of Diamonds" series (pre-sale est. $100,000-150,000). This "brilliant" image is created by re-fashioning Michael Ochs' photograph of the celebrated soprano Maria Callas, which he shaped out of 550 carats of brilliantly cut Kwiat diamonds (over 3,000 individual pieces). This was part of the first set of legendary leading ladies that the artist created out of images of diamonds, which includes Marilyn Monroe and Elizabeth Taylor.

The second part of the Contemporary Part 1 auction will be dedicated to works offered by the Missing Peace Project. The works were generously donated by artists and most have never been offered at auction. This is a rare opportunity to acquire world-class works of art dedicated to supporting the worldwide mission of peace. Leading the group of works is Ghanaian artist El Anatsui's immense tapestry of flattened bottle caps titled Harbinger (pre-sale est. $700,000-900,000). A few of the other artists represented are Chuck Close, Marina Abramovic, Bill Viola, Jenny Holzer and Richard Avedon.

The Contemporary Part 2 auction will take place the following day on May 11. Lots on offer include Richard McLean's Trophy (pre-sale est. $30,000-40,000); Mel Ramos' I Still Get a Thrill When I See Bill #3 (pre-sale est. $20,000-30,000); Julian Opie's I Think I Usually... (pre-sale est. $30,000-50,000); and Alexander Calder's Elliptique (pre-sale est. $35,000-45,000).





Today's News

May 7, 2012

Exceptionally rare and important Contemporary art masterpieces to be sold at Sotheby's

Joan Miró's work examined in landmark exhibition a first at the National Gallery of Art

Exhibition explores the material qualities of language in contemporary art across a wide range of mediums

The Search for Immortality: Tomb Treasures of Han China opens at the Fitzwilliam Museum

Exhibition of portraits and still lifes by Alice Neel opens at David Zwirner in New York

Exhibition featuring superb collection of Chinese prints from British Museum on view at Metropolitan Museum

An Economy of Grace: Kehinde Wiley's debut exhibition at Sean Kelly Gallery opens

The Heritage Lottery Fund gives lead support to save Manet's Portrait of Mademoiselle Claus

Antiquities-Saleroom.com to auction 250+ lots of Antiquities, Pre-Columbian & Tribal Art May 12

Sotheby's appoints Charles Tearle and Thomas Perazzi to posts in its watches business

H.M. The Queen's Diamond Jubilee commemorated by the Royal Society of Portrait Painters at Mall Galleries

Bonhams hosts inaugural contemporary evening and day sales in New York

Philadelphia Museum of Art presents Major exhibition devoted to Contemporary craft

The Outsiders bring Gary Taxali to London for his first UK solo art show

The IVAM reflects on the ways of life in large cities with the exhibition "Total City"

Bemis Center for Contemporary Arts to create rainbows in the sky

Christie's presents unprecedented collecting opportunities at Spring 2012 Important Watches Auction

Exhibition of new work by Robert Irwin on view at the Pace Gallery

Chrysler Museum Curator of Glass, Kelly Conway, is endowed through capital campaign

Undiscerning Appetites, a new exhibition by Ilya Gaponov opens at Erarta Galleries in London

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