|The First Art Newspaper on the Net
||Established in 1996
|| Thursday, August 25, 2016
|Record prices for Abstract and Modern British masterpieces at Sotheby's London|
William Turnbull, Large Horse, bronze, numbered 2/5. Estimate: 200,000 - 300,000. Sold for: £614,500 ($1,010,975). Photo: Sotheby's.
LONDON.- Record breaking sales took place last night as Abstraction and Modern & Post-War British Art Evening Sales fetched a total of £6,113,350, bringing the combined total, with todays Day Sale results, to £7,927,725 (est. £5,838,000-8,911,000).
The top lot of last nights sale was a supreme work by Patrick Heron, Atmospheric Strata (1958) from Abstraction, a group of works offered from the David Thomson Collection - the best collection of its kind ever to come to the market. Exceptional paintings by Patrick Heron, William Scott, Roger Hilton, Alan Davie and Peter Lanyon attracted international bidding for works that encapsulate the significant contribution of British artists to the international development of post-war abstract painting.
In presenting Abstraction at this moment in time, David Thomson alongside Sothebys Modern & Post-War British Art experts sought to restore to these artists the international standing they enjoyed back in the 1950s and 60s when their works were the latest word in contemporary art.
Timothy Prus, from the David Thomson Collection, comments, We are very happy indeed with the sale results. This collaboration with Sothebys intended to inspire a deeper appreciation for these artists - was a wonderful experience and its success was reflected in the enthusiasm with which collectors responded, with all the works sold exceeding their estimates. Those who placed winning bids will, I am sure, be delighted with the works they now own, and there is also a certain momentum in the growing regard for and enjoyment of works by these artists, which we will be following with great interest.
Frances Christie, Head of Sothebys Modern & Post-War British Art Department, said We are extremely pleased with the strong sale results. It was particularly exciting to see how outstanding examples of Modern & Post-War British art, especially those from the David Thomson Collection, attracted new bidders and enticed established collectors who were already active in other categories to buy. There is much talk in todays market of a globalised art world, and this is in many ways a reflection of the exchange of ideas across oceans that took place between the artists themselves in the immediate Post-War period. It was thrilling to see an international exchange - private collectors from right across Europe, North America and Asia - played out between bidders in the sale.
RECORD PRICES FOR ARTISTS AT AUCTION
· A record price was achieved for a work on paper by Bridget Riley when Dark Green and Blue with Red Added, Plain Diagonal (1979) soared above its high estimate and sold for £338,500.
· Another Record was achieved for sculptor William Turnbull when his monumental work Large Horse (1988-9) fetched £614,500, more than triple its pre-sale low estimate and smashing the previous record of £187, 200
· A record price of £278,500 for Eric Gills Contortionist, nearly double the previous world record of £145,250.
The sale continued with a strong price for Edward Burra - the only famous British artist to have embraced and introduced black culture to British art in the 1930s - with the sale of his watercolour Savoy Ballroom, Harlem, which captures the lively scene at one of the first racially integrated public places in the US. The painting fetched £542,500.
Further sale highlights include Forecourt (1975),the largest of Patrick Caulfields monumental interior paintings ever to come to the market previously featured as the centrepiece of the 2013 Tate Britain survey of the artists work which sold for £446,500.
December 12, 2013
The Cinquantenaire Museum presents "Henry van de Velde: Passion, Function, Beauty"
Two Damien Hirst artworks stolen from the Exhibitionist Gallery in west London
Marc Chagall work in German art trove was Nazi-looted: reports German tabloid Bild
Native American masks sold in Paris to be returned to tribes by The Annenberg Foundation
1958 Ferrari 250 GT LWB California Spider stars at RM's 15th Annual Arizona Sale
Sotheby's New York announces Annual Important Judaica Sale to be held on 17 December
Senegalese sculptor Ousmane Sow dedicates French honour to Nelson Mandela
Akron Art Museum Senior Curator named Executive Director of Maltz Museum
Record prices for Abstract and Modern British masterpieces at Sotheby's London
National Portrait Gallery acquires bust of celebrated actress Margaret Rawlings
Domestic Concerns: Nicole Cohen's first solo exhibition with Morgan Lehman Gallery opens
More than 2,200 world and ancient coins ready for Heritage's NYINC Auction, at The Waldorf Astoria
Syrian artist Tammam Azzam's first United Kingdom solo exhibition opens at Ayyam Gallery
Two hundred year old Imperial Chinese robe makes £15,000
Shortlist announced for emerging Asian artist award
Astounding prices on fine art, decoratives and fine furnishings, asian, and jewelry at Clars sale
Historic New England protects one of the country's most significant ecclesiastical buildings
Exhibition explores the question, "what does it mean to be an American today?"
Relative Unknowns: Solo exhibition by Danielle Durchslag opens at Denny Gallery
Pope inspires nativity scene art in Naples
Most Popular Last Seven Days
1.- Goya's Black Paintings reveal their secrets 200 years later
2.- 500-year-old German engraving by Albrecht Durer surfaces at French flea market
3.- X-ray flourescence and image processing unmask the woman Degas painted over
4.- Swimsuit mural of Hillary Clinton creates a stir in Australia
5.- Dali and Lempicka paintings stolen from museum 'found after seven years'
6.- Japan exhibition mourns fading sex culture
7.- Steven and Ann Ames collection to lead Sotheby's New York sales this November
8.- Ancient Australian flesh-eating marsupial discovered
9.- Swimsuit mural of Hillary Clinton creates a stir in Australia
10.- David Huddleston, 'The Big Lebowski,' dies at 85
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, .
|Royalville Communications, Inc|
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 *.