AO Art Observed™

‪ Francis Bacon’s “The Portrait of Henrietta Moraes” (1963) is estimated to sell for £18m at Christie’s Postwar and Contemporary Art in London in February [AO Newslink]

(more…)

Painter David Hockney named Most Influential British Artist of all time by other British artists, trumping the Young British Artists along with listed Francis Bacon and others [AO Newslink]

(more…)

Sigmar Polke, Dschungel (Jungle), 1967 (est. $5-6.5 million, realized $9.2 million), via Sothebys.com

Sotheby’s evening sale of Contemporary art on Wednesday night brought this round of summer sales to a close and removed any lingering doubt about the art market’s recovery. Eighty-one of 88 lots offered brought in $174 million against a high estimate of $168.5 million and set a record for any auction the company has staged in London. The results were boosted by the inclusion of thirty-four works belonging to Count Christian Duerckheim, a German industrialist who collected German art religiously and often befriended artists he patronized. The Duerckheim lots, which had the benefit not just of quality and freshness but also storied provenance, were all sold during the first portion of the auction and fetched $97 million against a high estimate of $74 million. Leading the collection was Sigmar Polke‘s dotted Dschungel of 1967 which sold for $9.2 million and set the artist’s auction record.

Francis Bacon, Crouching Nude, 1961 (est.$11-14 million, realized $13.7 million), via Sothebys.com

(more…)

Francis Bacon, Study for a Portrait, 1953 (est. unpublished, realized $28.6 million), via Christies.com

Christie’s sale of Contemporary art on Tuesday night realized $127 million for 53 lots sold. The total, which fell just above the high estimate of $125 million once fees were added, is the highest for any sale at Christie’s in Europe since the boom of June 2008. The top lot was a Francis Bacon self portrait that shows a man sitting in a throne-like chair wearing a suit and glasses. The painting sold for $28.6 million against an unpublished estimate rumored to be about $17 million. A self portrait by the artist sold for $25 million at Christie’s spring sale in New York .

Andy Warhol, Mao, 1973 (est. $9.6-12.8 million, realized $11.1 million), via Christies.com

(more…)

Jean-Michel Basquiat, Self-Portrait, 1985 (est. $3.2-4.8 million), via Phillipsdepury.com

The summer sales continue in London this week as the major auction houses host their Contemporary art auctions. Phillips will offer 32-lots on Monday evening, followed by Christie’s 67-lot sale on Tuesday and capped with an 88-lot sale at Sotheby’s on Wednesday. The Phillips sale will take place at the company’s new exhibition space at Claridge’s London. Like the auction house’s move uptown to 450 Park Ave in New York last year, the new London location is closer than their Howick Place headquarters to competitors Sotheby’s and Christie’s. The night’s 32 lots are expected to fetch $16-23 million and are headlined by a Basquiat self portrait that is estimated to bring as much as $4.8 million.

Damien Hirst, Confession, 2008 (est. $958,000-1.3 million), via Phillipsdepury.com

(more…)

Francis Bacon, “Portrait of Henrietta Moraes” (1969). All pictures courtesy of Helly Nahmad Gallery.

New York’s Helly Nahmad Gallery is currently showing the first comparative assembly of works by the painters Chaim Soutine and Francis Bacon. Connections between Soutine, whom de Kooning famously called his “favorite artist,” and Bacon, the subject of two Tate Modern retrospectives in his lifetime and one in 2008, have never before been examined by an exhibition at a museum or gallery. SOUTINE/BACON closes on June 18.

Chaim Soutine, “Autoportrait” (1918).

More images and text after the jump…

(more…)

Andy Warhol, Self-Portrait, 1963-64 (est. $20-30 million, realized $38.4 million). All images via Christies.com.

Christie’s nearly white-glove sale of of Post-War and Contemporary art on Wednesday night brought in more than twice as the equivalent sale at Sotheby’s on Tuesday evening. Sixty-three of sixty-five lots sold for a whopping $301.7 million, giving the sale a sell through rate of 95% by lot and 99% by value. The total beat the high presale estimate of $299 million despite the fact that a Rauschenberg combine estimated to fetch between $12-18 million was withdrawn from the sale. Wednesday night’s results were the best the auction house has seen for a Contemporary evening auction since May 2008 (that sale realized $331 million). Bidding went on for about two hours, approximately fifteen minutes of which was spent on a single lot. Two telephone bidders chased Andy Warhol‘s blue self-portrait, one on the phone with Brett Gorvy of Christie’s and the other with Philippe Segalot, formerly of Christie’s. The audience laughed as bidding escalated in $100,000 increments and cheered each time one contender took a bigger leap ahead. In the end Gorvy’s buyer was triumphant and paid $38.4 million for the four-part piece, which was estimated to fetch between $20-30 million. The sale was a record for a Warhol portrait (self or otherwise) at auction.

Mark Rothko, Untitled No. 17, 1961 (est. $18-22 million, realized $33.7 million)

More text and images after the jump…

(more…)

Jeff Koons, Pink Panther, 1988 (est. $20-30 million), via Sothebys.com

This week Sotheby’s, Christie’s, and Phillips de Pury will hold Contemporary art auctions in New York. After an anemic week of Impressionist and Modern art sales, the auction houses hope to broker nearly half a billion dollars of Contemporary art. On Monday Sotheby’s will offer forty-three lots during two parts of a three part sale of the collection of Allan Stone (consisting mostly of works by Wayne Thiebaud and Willem de Kooning), followed by their fifty-nine lot Contemporary art evening sale on Tuesday. The next night Christie’s will offer sixty-six works expected to fetch at least $230 million. The week ends with Phillips de Pury’s fifty-one lot sale that carries an estimate of $85-120 million.

Andy Warhol, Sixteen Jackies, 1964 (est. $20-30 million), via Sothebys.com

More text and images after the jump…

(more…)

Francis Bacon, Three Studies for Portrait of Lucian Freud, 1964 (est. £7–9 million, realized £23 million), via Sothebys.com

This evening’s Sotheby’s 60-lot auction of works from the collection of Geneva-based collector George Kostalitz brought in an astounding £93.5 million against a high presale estimate of £54 million. All sixty works were sold, and lot after lot exceeded expectations during the most exciting of this week’s auctions. Fetching £23 million against a high estimate of £9 million, Francis Bacon’s Three Studies for Portrait of Lucian Freud was the top lot and is believed to have been bought by Cologne-based dealer Alex Lachmann.

Tobias Meyer conducting the “Looking Closely” auction at Sotheby’s London on Thursday evening, photo by Art Observed

more images and story after the jump…

(more…)

Pablo Picasso, La Lecture, 1932 (est. £12–18 million), via Sothebys.com

February’s round of major art auctions begins in London next week with Impressionist & Modern sales at Sotheby’s and Christie’s.  On Tuesday evening Sotheby’s will offer forty-two lots estimated to bring between £55-79 million. Sotheby’s will also hold a 60-lot sale of Impressionist, Modern, and Contemporary works titled “Looking Closely: A Private Collection” on Thursday, February 10th that is expected to fetch up to £54 million.  All the works in that sale are from the collection of George Kostalitz, a Geneva-based collector who died last year. Christie’s forty-six lot evening sale on Wednesday is estimated to bring £54-80 million and, as was the case last year, will be immediately followed by a thirty-one lot auction of Surrealist works estimated to fetch an additional £19-28 million. While it is uncertain whether these auctions will produce a buzz-worthy sale on par with last year’s £65 million paid for Giacometti’s L’Homme Qui Marche I, both houses are offering a number of strong works led by canvases by Picasso and Gauguin.

Alberto Giacometti, Diego, 1958 (est. £3–5 million), via Sothebys.com

more images and story after the jump…

(more…)

New Holland Island, via architettura.it

Adding to an assortment of yachts and football clubs, Roman Abramovich has purchased the entire New Holland Island in St. Petersburg. For nearly $400 million, island plans center around a museum complex – complete with hotels and shopping – to house a portion of the Russian oligarch’s extensive art collection. Among the collection are such high profile pieces as Francis Bacon‘s 1976 “Triptych” and Lucian Freud‘s 1995 “Benefits Supervisor Sleeping,” for which Abramovich paid record-setting prices at Sotheby’s New York and Christie’s, respectively, on an extravagant pair of back to back evenings in 2008.

More story after the jump…

(more…)

Andy Warhol, Coca-Cola [4] [Large Coca-Cola], 1962 (est. $20-25 million, realized $34.5 million), via Sothebys.com

Auction goers at Sotheby’s Contemporary Art Evening Sale on Tuesday night were offered glass bottles of Coca-Cola before entering the saleroom in honor of the auction’s featured lot – Andy Warhol‘s Coca-Cola [4] [Large Coca-Cola]. The painting sold for $35.4 million against a high presale estimate of $25 million and was, like the Warhol for sale at Phillips Monday night, the evening’s top lot. The Sotheby’s auction was comprised of 54 lots (not including a work by Felix Gonzales-Torres, which was withdrawn) that brought in $222.5 million against presale estimates of $151.8-214.5 million. The sale had a sell through rate of 90.7% by lot and 97.1% by value with 5 of 54 lots unsold.

More after the jump…

(more…)

Andy Warhol, Men in Her Life, 1962 (est. $40 million), via Phillipsdepury.com

The second week of major New York auctions begins with two evening sales at Phillips de Pury on Monday, November 8th, followed by the Sotheby’s sale on Tuesday and the Christie’s sale on Wednesday. Phillips will hold two back to back sales on Monday evening that will inaugurate the house’s new headquarters at 450 Park Avenue in New York City. The evening sale is preceded by the first of a new series of auctions titled Carte Blanche, wherein a guest artist, collector, or curator organizes the auction. This week’s Carte Blanche auction is the bigger of the two sales and is curated by Philippe Ségalot. It is comprised of 33 works expected to fetch at least $80 million. The Sotheby’s sale is composed of 55 lots expected to bring upwards of $132 million, while the 76 lots at Christie’s are expected to fetch upwards of $240 million.

More after the jump…

(more…)

Installation View  All photographs are via Gagosian Gallery unless otherwise noted

Currently on view at Gagosian Gallery, 6-24 Britannia street, London is the exhibition titled “Crash, Homage to J.G. Ballard” , a group show dedicated, as the name suggests, to the oeuvre of J.D. Ballard, a prominent British novelist and short-story writer, a representative of the New Wave movement in science fiction.  The exhibition was put together to pay tribute to the enormous cultural influence of J.D. Ballard’s fiction on many visual artists. The impressive selection of works by  such prominent artists as Ed Ruscha, Richard Hamilton, AndyWarhol and Helmut Newton illustrates profound engagement of the writer with the works of visual artists of his generation and their mutual influence.

More images and related links after the jump….
(more…)

Caravaggio’s “Conversion on the road to Damascus” (1601) Via FT.

Currently showing at Rome’s Galleria Borghese is an exhibition of paintings by Italian master Caravaggio and the 20th century Irish painter, Francis Bacon. The exhibition, which has already drawn over 70,000 visitors, displays 14 paintings by Caravaggio along with 17 paintings by Bacon and functions as a kind of commemoration– marking 400 years since Caravaggio’s death and 100 years since Bacon’s birth. Mixing the past and present masters together gives rise to inevitable comparison, and although it is widely acknowledged that Caravaggio had no direct influence upon Bacon, their work shares a broad range of thematic and stylistic properties– among them, a fascination with anatomy, a fixation on depicting an anguished and tormented human condition and revolutionary approaches towards depicting the human form and the expressive portrait in pursuit of realism.

Francis Bacon’s “Study of George Dyer.” (1969) Via FT. (George Dyer, Bacon’s most significant and constant companion and model, committed suicide in 1971, two days before Bacon’s major exhibit at the Grand Palais in Paris.)

More text, images and related links after the jump…

(more…)

The First Annual Art Awards via Guggenheim.org

Last night, October 29, marked the inauguration of a new annual art event: Rob Pruitt presented The First Annual Art Awards at the Solomon R. Guggenheim Museum, New Yorkin association with the city’s oldest alternative art space, White Columns.

The awards were conceived by artist, Rob Pruitt, as a performance-based artwork; for the occasion he recruited the characters of Index Magazine’s wry satirical web series, Delusional Downtown Divas. The New York Times have reported that “…the Divas schemed to infiltrate the art establishment by any means possible. In one segment they pitched a tent in the Guggenheim, doing their laundry in the lobby fountain.”

Jeffrey Deitch and Kembra Pfahler at The First Annual Art Awards at the Solomon R. Guggenheim Museum via style.com

More images, text and related links after the jump….

(more…)

Portrait of Geoff Dyer Talking, Francis Bacon (1966) at FIAC, Paris

If Frieze opened willing to court the unavoidable media speculation about sales or the lack of them: FIAC, and the exhibitors it houses this year, have in the early stages proved characteristically reticent. Not to mention laconic. At least on the surface. This morning there was little sign that much of Paris and beyond would descend on the Grand Palais and the Cour Carrée du Louvre at noon.

The show is comprised of works by 63 artists, with some pieces showing publicly for the first time. The sweeping comprehensiveness of the exhibition allows for a juxtaposition of artists rarely seen. Paintings by Claude Monet accompany those by Cy Twombly and Paul Signac. Cubist Georges Braque brings the cartoons of Jean Dubufett into sharper relief. Included are Paul Cézanne and Abstract Expressionists Mark Rothko and Sam Francis, in an exhibition that shows even the pop art of Andy Warhol and the Surrealist paintings of Salvador Dalí.

Ferdinand Hodler, “le Grammont,” at Fondation l’Hermitage. Image courtesy of the museum.

Yves Klein, “ANT 20,” at Fondation l’Hermitage. Image courtesy of the museum.

Initially founded in 1984 with the Bugnion Family collection, Fondation l’Hermitage now boasts over 600 works, shown in rotation along with its temporary exhibitions. The Fondation is also home to a collection of 12th-19th century Chinese porcelain, donated by the Vergottis Foundation and on permanent display in its underground space.

René Magritte, “La Ruse Symétrique,” at Fondation l’Hermitage. Image courtesy of the museum.

Paul Klee, “Felsenlandschaft,” at Fondation l’Hermitage. Image courtesy of the museum.

Edgar Degas, “Danseuses (Danseuses au repos),” at Fondation l’Hermitage. Image courtesy of the museum.

- R. Fogel

Jonathan Meese, “mutter mit roter Brille und roetlicher Perlenkette,” part of “The Figure and Dr. Freud,” a group exhibition on at Haunch of Venison New York.

Haunch of Venison’s New York branch is showing “The Figure and Dr. Freud,” a group exhibition by 31 artists from the last century.  These include past and currently producing artists, from the sculptor Alberto Giacometti to the painter Daniel Richter.  The show, which closes on August 22, focuses on the human figure as the artists have rendered it, through the lenses of the late Dr. Freud’s psychoanalytic theories.

Related links:
Haunch of Venison
Sigmund Freud [freudfile]

David Salle, “With All Due Respect Sir, We Need Modesty Blaise,” at Haunch of Venison.

More images and story after the jump…

(more…)

Jenny Saville’s Hyphen, 1999, part of Paint Made Flesh at The Phillips Collection.

“Paint Made Flesh,” a series of 43 oil paintings that focus on the human body, is showing at The Phillips Collection through September 13.  Featured artists incude Pablo Picasso, Leon Golub, Ivan Albright, Cecily Brown, David Park, Philip Guston, and more.  ”At times when figure painting was considered outdated,” comments Assistant Curator Renee Maurer, these and other artists included in the show “continue to explore the expressive potential of the painted human body.”

Related links:
Current Exhibitions at the Phillips Gallery
Paint Made Flesh [video]
“Paint Made Flesh” Survey opens at The Phillips Collection in Washington, DC [Art Knowledge News]
“Paint Made Flesh” Is More Than Skin-Deep [Washington Post]
“Paint Made Flesh” : Modern Bodies, Naked Eyes [NPR]

John Currin, Hobo (1999), via NPR.

(more…)

Peter Doig’s ‘Night Playground’ sold for £3 million, beating estimates of £1.5-2 million, via Artinfo

Rounding out the summer auctions, Christie’s Post-War and Contemporary Evening Sale took in £19.1 million, coming in around the lower end of estimates of £17.4-24 million.  35 out of 40 lots sold, with rates of 88% by lot and 86% by value.  The top selling lot was a large Peter Doig painting, ‘Night Painting,’ which sold for £3 million, quite above estimates of £1.5-2 million. According to the NY Times, collector François Pinault was overheard calling the sale “solid” and “serious.” Though the total value realized represents a 78% drop from last year, the high sell-through rate, consistent among the fine art auctions this season, shows that the market has settled enough for the auction houses to accurately gauge what buyers want.

Post-War and Contemporary Art Evening Auction [Christie's]
Bidding Is Thin at Christie’s in London [NY Times]
Doig, Richter Sell as Christie’s London Auction Total Drops 78% [Bloomberg]
Market Motors Along at Christie’s Contemporary Sale [Artinfo]
Lot by Lot: Christie’s London Cont. Evening Sale [Art Market Monitor]
Lots of Profit at the Top [Artinfo] (more…)

Francis Bacon, "Head I," 1947-1948 (The Metropolitan Museum of Art)

Francis Bacon: A Centenary Retrospective, the first comprehensive exhibition to feature the artist’s works in New York in 20 years opened to the public  May 20 at The Metropolitan Museum of Art, to run through August 16, 2009. The retrospective, marking the 100th anniversary of Bacon’s birth, has brought together a highly impressive international curatorial team, including Gary Tinterow of the Met, Matthew Gale of Tate Modern and Chris Stephens of Tate Britain. The exhibition showcases some 65 paintings, amongst them a handful of never-before-seen gems from private collections, along with important archival materials, photographs and 65 personal items from Bacon’s London studio and estate, which served as the artist’s inspiration for some of the works in the show.

Francis Bacon: A Centenary Retrospective [The Metropolitan Museum of Art]
Francis Bacon’s Provocative Works Featured in Major Retrospective Opening May 20 at Metropolitan Museum [Met Press Release]
Francis Bacon at Tate Britain – Sept. 4th 2008-Jan. 4 2009 [Tate]
Tragic Hero: A Majestic Francis Bacon Show [Time]
Francis Bacon’s Provocative Works Featured in Exhibition at Metropolitan Museum of Art [ArtDaily]
If Paintings Had Voices, Francis Bacon’s Would Shriek [NYTimes]
Sacred Monster [NYMagazine - Jerry Saltz]
Francis Bacon’s Horror Show [Economist - More Intelligent Life]
Francis Bacon (Hardcover) 2009, Matthew Gale, Chris Stephens [Amazon]

(more…)

Marc Drier

Marc Dreier, the powerful attorney indicted on fraud charges totaling nearly $700 million, revealed as a substantial client of Larry Gagosian [ArtLovesMoney]
and in related: Chris Burden on his exhibition at Gagosian Los Angeles that became entangled in the Allen Stanford fraud case [New Yorker]
Spurred by a spate of deaccessionings, New York State looks at a bill aimed at limiting museums’ art sales [NY Times]
Yvon Lambert closes fledgling London branch [Bloomberg]
in in other recession-related: facing a shrunken endowment, Getty cuts its budget by a quarter [LA Times]

via Traileraddict.com

Steve McQueen’s first feature film, ‘Hunger,’ opens in New York at the IFC Film Center [IFC film Center]
London sees a number of Russian women as a force in the contemporary art scene [Financial Times]

Curators of ‘New Deal’ at the Art Production Fund gallery, Matthew Moravec, left, and Kyle Thurman via NY Times

In their early 20s, two curators present an exhibition of artists 19 to 26 years old for Yvonne Force Villareal’s Art Production Fund [NY Times]

Christian Holstad’s installation at X Initiative via NY Magazine

Jerry Saltz reviews two new energetic galleries: The Boiler in Williamsburg and X Iniatiative in the old Dia space [NY Magazine]
The European Fine Art Fair in Maastricht displays trust in Old Masters [The Art Newspaper]
Hirst, Serra, Koons and others bring in exceed estimates and bring in $6 million at Paris charity auction [Bloomberg]
Asian Art Week actions sell robustly at both Christie’s and Sotheby’s [Crain's]
Artprice publishes its top 10 ranking of artists based on auction revenue in 2008 [ArtPrice]

A portrait of Yves Saint Laurent by Andy Warhol via artnet

Pierre Bergé withdraws four portraits of his partner, the late Yves Saint Laurent, from an Andy Warhol exhibition in Paris four days the opening [Artinfo]
Fashion designer contextualized art is again resilient: Sotheby’s Gianni Versace sale greatly exceeds its estimates [Artdaily]

Vincent van Gogh, The Night Cafe, 1888, Via ARTstor Collections

Yale University files suit to claim ownership of Van Gogh, after self-proclaimed descendent of previous owner lay claim to the work [Associated Press]
Director of SFMoMA sets example on how to tackle economic difficulty [NY Times]
Jackie Wullschlager looks at three new books that explore Darwin’s influence on Modern art [Financial Times]
Beacon in upstate New York is an art destination [NYTimes]

Levi’s collaborates with Stefan Sagmeister on art series featuring its iconic 501 [PaperMag]
and in related Lucien Pellat-Finet and Marc Quinn collaborate [Vogue]
The Chapman Brothers direct new video for PJ Harvey and John Parish [NME]

Michael Visocchi's proposal for Yield, Via Artdaily

Michael Visocchi has won the 2009 Jerwood Sculpture Park Prize [BBC]
and in related, Pipilotti Rist has been awarded the 2009 Joan Miro Prize [Artdaily]

Francis Bacon, Study for a Self-Portrait, 1964, Via Rawartint

A Florida art collector is suing Christie’s New York, after his Self-Portrait by Francis Bacon failed to sell at auction in November 2008.  Christie’s had offered collector George Weiss a minimum guarantee, but allegedly refused to follow through after Weiss consigned the work.  The auction house alludes to the collapse of the art market in its defense.

RELATED LINKS
Christie’s Is Sued After Francis Bacon Painting Fails to Sell [New York Times]
Christie’s Sued For $40M Over Francis Bacon Painting [Wall Street Journal]
Christie’s Auction House Sued Over Francis Bacon Guarantee [Bloomberg]
Art Law Blog on the legal battle [Art Law Blog]