The First Art Newspaper on the Net   Established in 1996 United States Thursday, May 24, 2018

Greek Art Triumphs at Sotheby's Once Again

LONDON.- Sotheby’s staged the first of its bi-annual sales of Greek Art in London this afternoon before a packed saleroom and frenzied telephone bank. The sale, which was the company’s most important Greek sale to date, lived up to expectations by realising £9,566,050, the highest ever total for any sale of Greek Art at any auction house. It comfortably exceeded the previous record of £8.1 million, which was set by Sotheby’s in November last year and surpassed its pre-sale expectations of £5.9 – 8.7 million. 19 new auction records were established including those for Georgios Jakobides, Pavlos Dionyssopoulos and Panayiotis Tetsis, among others. More than 60% of the lots sold in excess of their pre-sale high estimate.

Constantine Frangos, Senior Director and Specialist in Charge of the Greek Sales at Sotheby’s, commented: “Sotheby’s continues to dominate the market for Greek Art, a market which is really flourishing and receiving an ever greater spotlight on the international stage. Our sales are constantly seeing new benchmarks set, with results continually outstripping records that have only just been established. Bidding today once again came from a very international crowd, who were prepared to bid high to acquire both high quality 19th-century works and more modern 20th-century pieces. It continues to be an exciting and buoyant time for the Greek Art market and we look forward to our second sale of the year in November.”

The highlights of this afternoon’s sale were plentiful; here is a selection:
• An intimate yet comical work by Georges Jakobides – entitled Grandpa’s New Pipe - sold for £535,700 against its pre-sale estimate of £200,000-300,000; this was the top selling lot of the whole sale as well as an auction record for the artist. It was hotly contested by five bidders but eventually sold to a bidder on the phone. Grandpa’s New Pipe (lot 9) is a quintessential genre scene which is full of vitality, expression and sentiment and Jakobides himself actually acknowledged it as one of his most important paintings. Five further works by Jakobides also performed exceptionally well including Maternal Affection (lot 7), which sold for £114,500 and Playtime (lot 6) which realised £38,900.
• All ten works by Constantinos Volanakis sold and realised in excess of £2 million. The group represented the most important group of paintings by the artist ever to appear at auction. The star of the group was his marine painting, Along the Coast (lot 16), which was bought by a bidder for £423,700 against the pre-sale estimate of £300,000-500,000. This painting shows Volanakis at his greatest, sensitively and delicately depicting the atmospheric conditions and natural elements of the setting. Other notable works in the Volanakis group were Sunset Over a Greek Port (lot 22) which sold for £322,900 and Along the Coast, Volos (lot 20), which realised £334,100.
• Works by the father of Modern Greek painting, Constantinos Parthenis, were also in great demand. His elegant, A Tree-Lined Road (lot 5), sold to a collector in the room for £276,500 – more than double the pre-sale high estimate of £120,000.
• Three works by Yiannis Spyropoulos - another master of 20th-century Greek Art - made a dynamic start to the sale. The artist’s oil Cleopatra (lot 4) fetched £132,500 against an estimate of £40,000-60,000; a new record for the artist. Lots 1 and 2 – respectively entitled An Island Port and Landscape with Houses – also flew above their estimates. In total, nine works by Spyropoulos were offered and they fetched a combined total of £522,800.
• Star performers among the Contemporary works in the sale were Pavlos Dionyssopoulos’ unusual paper and plexiglass work Champ (Field) (lot 73), which sold for £90,500 - an auction record for the artist - and Panayiotis Tetsis’ Thalatta (lot 43), which brought £144,500 - also an auction record for the artist.

Today's News

April 18, 2008

Imperial War Museum in London features Fascinating Material from James Bond Movies

Sothebys Spring Auction of 19th Century European Art in New York

Rare Two/Headed Roman Bust found by British Soldier in Palestine in 1941 for sale at Bonhams

Altered States, Art and Faith on view at St. George's Church

Brit Art of the Sixties Exhibit to be Shown at Mark Barrow Fine Art

Artnet Launches First Sale of Latin American Art featuring Masterpieces by Renowned Artists

General Walter's Photographic Archive from the Spanish Civil War at the Universidad de Valencia

Art Fund Prize for Museums and Galleries Shortlist Announced

Man Washing Windows at the National Museum of the American Indian fell 50 Feet and Died

Greek Art Triumphs at Sotheby's Once Again

Angel Beccassino and Javier Moya - A Series of Photographs - A Multimedia Happening

Most Popular Last Seven Days

1.- New Rembrandt found after being bought at London auction

2.- Exhibition at Fotohof focuses on groups in society who are at risk of marginalisation

3.- John Brennan collection of Rock n Roll memorabilia offered at RR Auction

4.- A Bob Dylan guitar fetches $495,000 at auction

5.- Exhibition in San Francisco focuses on the latter half of René Magritte's career

6.- 'Mad' king Ludwig II of Bavaria lost gift to composer Richard Wagner gets rare show

7.- New Royal Academy of Arts opens in celebration of its 250th anniversary

8.- Researchers uncover Anne Frank's 'dirty jokes'in her diary

9.- New York art sales near $3 billion in two weeks as uber-rich hunt trophies

10.- Berlin's Ethnological Museum returns grave-plundered artefacts to Alaska

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