The First Art Newspaper on the Net   Established in 1996 United States Saturday, October 22, 2016

Record for Franz Marc Set at Sotheby's
Franz Marc’s Weidende Pferde III sells for a record price of £12.3 ($24.3 ) million - highest price for an Impressionist & Modern work in 2008. © Sotheby's Images.
LONDON.- Sotheby’s Evening Sale of Impressionist & Modern Art tonight realized £116,699,900 ($230,517,312) – considerably in excess of the pre-sale estimate of £81,090,000 - 112,110,000. The total realized is the highest for any sale ever staged by Sotheby’s in Europe and the highest total in this category this year. Five lots sold for over £5 million – the highest number of lots ever sold at this level in any European auction; 30 lots were sold for over one million pounds and 47 lots were sold for over $1 million. Four new artist’s records were established, including those for Alexej von Jawlensky and Franz Marc.

Commenting on the sale, Melanie Clore, Co-Chairman Sotheby’s Impressionist & Modern Art Department Worldwide, said: “We are thrilled with tonight’s results, which demonstrate the strong hunger in the market for quality works. The broad international buying from Russia and Asia as well as Europe and the Americas was very much in evidence this evening. The sale was carefully edited with the best offerings across a range of categories, and buyers responded with great enthusiasm.”

The top price achieved this evening was for Franz Marc’s Weidende Pferde III (lot 13), which made £12,340,500 ($24,376,190 ) – doubling the pre-sale low estimate of £6,000,000, and exceeding the record price established at Sotheby’s in New York in November last year (when Der Wasserfall sold for $20,201,000). A magnificent museum quality work, it is the only example from the artist’s iconic paintings of horses still in private hands.

Another powerful German Expressionist work, Schokko mit Tellerhut, (lot 8), by Alexej von Jawlensky was pursued by several determined bidders who drove the price well beyond estimate to a final £9,428,500 ($18,624,116 ). When this same work last appeared on the market (at Sotheby’s New York in 2003) it made $8,296,000 – establishing a record price that was tonight doubled.

These two works were among 25 German and Austrian Expressionist works sold tonight, which together realised a combined total of £39,646,100 ($78,312,941) - the highest sum ever realised for any offering of such works in Europe and well above the pre-sale estimate for the group (£25,170,000 – 33,960,000).

Other periods and schools performed similarly well this evening: Pierre-Auguste Renoir’s La Loge (lot 37) - an exquisite version of one of the Courtauld Gallery’s best-loved Impressionist paintings – made £7,412,500 ($14,641,911), three times its pre-sale estimate of £2,500,000–3,500,000.

Pablo Picasso’s striking 1938 portrait of Dora Maar - lot 41, Tête de Femme (La Lectrice – Dora Maar). - which came to sale from the collection of the noted connoisseur, collector and dealer Heinz Berggruen - sold for £7,412,500 ($14,641,911 ) (est: £6,500,000-8,500,000). Also from the Berggruen collection was Picasso’s exquisite Minotaure et Femme from 1937 (lot 42, est: £900,000-1,200,000) which sold for £1,700,500 ($3,358,998).

Alberto Giacometti’s Buste sold for £5,620,500 against an estimate of £2,000,000 – 3,000,000 – the second highest price for a painting by the artist at auction. One of Claude Monet’s early winter landscapes, La Route de la Ferme Saint-Siméon en Hiver (lot 36) of 1867 – made £4,276,500 ($8,447,370) (est: £3,000,000-4,000,000); whilst Paul Cézanne’s Poires et Couteau (lot 35) of 1877–78 from the renowned Joan Whitney Payson collection sold for £2,148,500 against an estimate of £2,000,000–3,000,000.

Continuing the trend of exceptional prices achieved recently for sculptural works at Sotheby’s, a monumental bronze by Henry Moore (Draped Reclining Mother and Baby, 1983, lot 40) tonight sold to a European private collector for £3,716,500 ($7,341,202 ) - the highest price ever achieved for any work by Moore sold in the UK.

Today's News

February 6, 2008

Thyssen-Bornemisza Museum and Fundación Caja Madrid Present Modigliani and his Times

Record for Franz Marc Set at Sotheby's

Sotheby's Hong Kong Announces Spring 2008 Sales

Belgian Artist Luc Tuymans at David Zwirner

Elliott Erwitt: Dog Dogs at the James A. Michener Art Museum

Haunch of Venison Zurich Presents Keith Coventry - Anaesthesia as Aesthetic

Estate of Famed Hollywood Photographer to be Offered in April at Bonhams & Butterfields

Gallery at 6th & 6th Presents Bohdan Osyczka "Monumental Watercolors II"

EVO Gallery Presents Two Installations By Video Artist Steina

Cosar Hmt Düsseldorf Presents Martin Klimas

Most Popular Last Seven Days

1.- New light shines on Sandro Botticelli masterpieces at Florence's Uffizi Gallery

2.- Cincinnati Art Museum's Van Gogh exhibition brings guests Into the Undergrowth

3.- Degas retrospective debuts in the U.S. at the Museum of Fine Arts, Houston

4.- Special exhibition features large-scale photography by Richard Mosse & Edward Burtynsky

5.- Nobel panel gives up knockin' on Dylan's door

6.- An unprecedented, international-loan exhibition of works by Claude Monet is at the Kimbell Art Museum this fall

7.- Exhibition at the Ny Carlsberg Glyptotek explores Rousseau's landscapes

8.- Yoko Ono unveils her first permanent US art installation

9.- ArtReview's annual Power 100 names Hans Ulrich Obrist as the artworld's most powerful figure

10.- British artist David Hockney makes a splash at Frankfurt fair with 2,000-euro book

Related Stories

Important Judaica and Israeli & international art bring a combined $7.9 million at Sotheby's New York

Tunisia to auction ousted despot's treasures

Andy Warhol's Mao portraits excluded from the Beijing and Shanghai shows next year

China criticises French Qing dynasty seal auction

Christie's announces auction marking the first half century of the popular and luxurious interiors shop Guinevere

Nine new exhibits debut at San Diego International Airport

Rembrandt masterpiece "Portrait of Catrina Hooghsaet" back on display at National Museum Cardiff

Amber: 40-million-year-old fossilised tree resin is Baltic gold

Egyptian artist Iman Issa wins the Ist FHN Museu d’Art Contemporani de Barcelona Award

The main chapel of the Basilica of Santa Croce open for visits after five year restoration

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, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful