The First Art Newspaper on the Net Established in 1996 United States Friday, August 29, 2014

Barnett Newman painting sells at Christie's Contemporary art auction for $84 million
Barnett Newman (1905-1970), Black Fire I, oil on canvas, painted in 1961. Price Realized: $84,165,000. Photo: Christie's Images Ltd 2014.
NEW YORK (AFP).- A painting by American Barnett Newman, "Black Fire I," went under the gavel for $84 million Tuesday at Christie's postwar and contemporary art auction in New York, a record price for the artist.

Barnett's black and white piece topped the $80.805 million raked in for Francis Bacon's "Three Studies for a Portrait of John Edwards," a collection of three canvases painted in 1984.

"Black Fire I" sparked a contentious bidding war between two telephone bidders, ending with a standing ovation as the hammer fell with a price of $84.165 million, far exceeding the estimated value of $50 million.

The previous record for Barnett, an abstract expressionist painter who lived from 1905 to 1970, was $43.8, when his "Onement VI" sold a year ago at Sotheby's.

However, the world record for the highest price fetched at auction for a work of art remains with Bacon, whose triptych, "Three Studies of Lucian Freud," was sold last year by Christie's for $142.4 million.

The fervor around Bacon, who lived 1909 to 1992, was also in evidence in February in London, where a portrait of his lover George Dyer, "Portrait of George Dyer Talking," sold for more than 42 million pounds ($70 million), also by Christie's.

Among other items auctioned off Tuesday was "Race Riot," by Andy Warhol, which sold for $62.885 million, well above the $50 million Christie's had predicted.

His "White Marylin" also exceeded expectations, selling Tuesday for $41.045 million, more than double the $18 million anticipated by Christie's.

Warhol works, like Bacon's, are very in demand currently by collectors. His giant canvas "Silver Car Crash: Double Disaster" sold in November for more than $105 million.

Another star of the auction was American Mark Rothko's "Untitled," which sold for $66.245 million.

On Wednesday it will be Sotheby's turn, where yet another Warhol, "Six Self Portraits," is expected to spark bidding between $25 and $35 million.

Other anticipated highlights are the sculpture "Popeye," by American artist Jeff Koons, estimated at $25 million, and "Blau" (Blue) by German Gerhard Richter, for which it expects to get between $25 and $35 million.

The spring auction season opened last week with impressionist and modern art.

© 1994-2014 Agence France-Presse

Today's News

May 15, 2014

Sotheby's May Contemporary Art Evening Sale totals $364 million and is 85% sold

Ancient / Ethnographic art abounds in Artemis Gallery Live's May 21 online auction

One of the greatest examples of Modernist & Abstract art comes to auction for the first time

Dutch and Flemish works of art lead Christie's Sale of Old Master Paintings in New York

Frieze New York 2014: Strong material and sales cement Frieze New York's position

Barnett Newman painting sells at Christie's Contemporary art auction for $84 million

Wealthy buyers, artists, gallery owners, VIPs arrive in Hong Kong for Art Basel

"Fritz Wotruba: Hommage à Michelangelo" opens at the Belvedere in Vienna

Rare Botero 'Ballerina' and two original Picasso artworks are front runners in Beaux Auctions' May 27 sale

Bonhams announces The Russian Sale to be held on 4 June at new headquarters

Bonhams to sell Empress Marie-Louise of France pocket watch at double royal watch sale

Tigris: Exhibition at Skarstedt in New York presents a new series of works by Lucien Smith

A 19th century musical automaton snuff box sells for $842,408 at Sotheby's Geneva

Folk art piece by Sam Doyle fetches a record $204,000 at auction

bitforms gallery opens third solo exhibition with Claudia Hart

Sales soar as pearls become the new diamonds

MACBA opens series of three exhibitions that critically investigate its own collection

Downtown Fair closes to rave reviews in its inaugural year

Yale Center for British Art exhibition of artists' books, old and new, highlights nature

Exhibition by the collaborative duo Kahn & Selesnick opens at Yancey Richardson

PULSE New York 2014 Closes: Steady sales, new direction and standout programming

Work by Yinka Shonibare MBE adds color and whimsy to Museum Park

Most Popular Last Seven Days

1.- Neanderthals and humans were both living in Europe for between 2,600 and 5,400 years

2.- First major exhibition to explore the historical legacy of African cultural astronomy opens at LACMA

3.- Carlo Mollino's idealized vision of the female form in new book published by Damiani/Crump

4.- Tate Britain displays works by Frank Auerbach from the collection of Lucian Freud

5.- In grave robber territory, locals abuzz over Alexander-era tomb; Largest of its kind ever discovered in Greece

6.- Lambert Collection opens an ambitious project housed at the Sainte-Anne Prison

7.- Centre for Contemporary Art Singapore announces the first 18 artists in the CCA Residencies progamme

8.- Historic Kings Theatre is transformed into major New York Performing Arts venue

9.- Thirteen's American Masters Series co-produces new documentary about photographer Dorothea Lange

10.- Sotheby's New York to offer 548 Edward Weston photographs as a single lot this September

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 - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

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