sotheby's evening sale 2023

It was formerly owned by art historian and gallerist Otto Kallir. While the average time on the market in May 2023 was 31 days, the median list price was $752,446. The Music Room, Strandgade 30 hammered at $7.5 million, going to a bidder in the room who beat another competing by phone with Sothebys New York-based contemporary art specialist Gregoire Billault. Those lots spurred momentum that continued throughout the nights three-hour-long series of sales. The sale was led by Rene Magrittes LEmpire des lumieres, which sold for $42.3 million and is now the Belgian artists second most valuable work. 2023 Art Media, LLC. Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. Citing a need to meet the current demands of the market, Sothebys chairman Mari-Claudia Jimnez said the house had created greater flexibility for buyers in doing so. Estimated to sell for at least 12M, several bidders brought the hammer price further up into its estimate range at 15.5M / $18.6M (or 18.09M / $21.7M w/p). Get a customizable mortgage solution based on today's rates. Following the $676 million sale of the Macklowe collection on Monday, Sothebys staged the last set of evening sales in its marquee week in New York on Thursday night. Sotheby's Spotlight: Fine Books and Manuscripts, Including Americana pt. The work went to a bidder on the phone with Sothebys New Yorkbased chairman Brooke Lampley. Get a real estate agent handpicked for you and search the latest home listings. First American edition. We are seeing the rapid emergence of a new generation of collectors who feel a real connection with the art of their own time, said Brooke Lampley, Sothebys chairman and worldwide head of sales for global fine art. By subscribing you are agreeing to Sothebys Privacy Policy. In May 2023 in Camarillo, CA there were 13.2% less homes for sale than in April 2023. In an unexpected plot twist, news broke before the sale that a group of crypto investors going by the name DAO Constitution had pooled nearly $20 million in funds to bid on the work. The three sales will be titled The Modern, The Contemporary, and The Now. The first covers the late 19th and early 20th centuries, the second is devoted to the postwar era and the late 20th century, and the last spotlights art of the past couple decades. To some fanfare but little surprise, the last portrait ever painted by Gustav Klimt has sold for a record auction price in Europe, fetching 85.3m (with fees) at Sotheby's Modern and contemporary . Multiple lots in this section received more than eight bidders each, including Julien Nguyen's Study for the Temptation of Christ (2019), which had already changed hands three times in four years, and drew attention from 10 bidders before hammering at 320,000 to a collector bidding via senior specialist Fergus Duff. Highlights from this week's top news stories on luxury and global real estate, art, collectibles, and home. Examining shifts in art throughout the second half of the century, the sale will also include Basquiats Nows the Time, which is estimated to sell for more than $30 million during its inaugural auction offering. The result was the highest price paid for a work by the artist. The first lot of the night, Flor (2018), a large-scale collage work by Brooklyn-based, Colombia-born painter Maria Berrio, depicts a seated woman. There was another big-ticket item that saw minimal bidding attention despite hype around its institutional merits. As is common, Sotheby's had pre-ordained a number of its headline achievements, most notably a press release blast announcing that five worksall guaranteedhad achieved in excess of 15m, which is "more than at any Sothebys London sale since 2015". All Rights Reserved. The move paid off. Discover jewelry and watches, design, wine, spirits and other treasures curated by our specialists for their rarity, craftsmanship and exceptional provenance whether you are spending $100, $1,000, $1 million or more. Art aside, Erving and Joyce Wolf represent the American dream at its best. Coming in second, Gerhard Richters 1986 workAbstraktes Bildis an incredibly large abstract painting made of two conjoined canvases, measuring over 8 by 13 feet. Fifteen works from the Ostin collection were offered, including pieces by blue-chip figures like Jean-Michel Basquiat and Joan Mitchell. ARTnews is a part of Penske Media Corporation. On Tuesday, the auction house announced that it will do away with the previous format of its marquee sales, and instead now divide its offerings of modern and contemporary art among three evening sales, with one of them devoted specifically to art made by living artists. The Rocket Homes Logo is a service mark licensed to Rocket Homes Real Estate LLC. If you're buying a home in Camarillo, you may be able to get a good deal. Registration Advisory Log in to view results A headline like this fails to mention that one of these five works, a huge Freud painting depicting the artist's daughter, would likely have fallen flat had it not been rescued by an offer from the contemporary German art specialist Bastienne Leuthe on behalf of its irrevocable bidderit quietly hammered at its 15m low estimate. A hassle and stress-free, single experience that gives you confidence and makes car buying easier. Dedicated to supporting the diverse business needs across the Rocket Companies ecosystem. Subscribe today and save! The auction house will feature a newer generation of younger artists during its Now Evening Auction tomorrow (May 18), with a lineup that includes works by Yoshitomo Nara, Jonas Wood and Maria Berrio. Tonight, the house sought to stage an entire event around these so-called first lots, which typically attract a swarm of bidders from across the globe and set the tone for the rest of the auction. The World's Premier Art Magazine since 1913. The Nara is estimated to fetch $8 million$12 million, putting the painting on track to become one of the artists most expensive works. | Richard Prince, Sotheby's Works on canvas by Georgia OKeeffe and Pierre-Auguste Renoir were among the lots that failed to find buyers. The auction also provides heightened visibility and a relevant art historical context for younger artists, establishing the masters of today and tomorrow. Wear OS by Google and Google Play are trademarks of Google LLC. The Modern Evening Auction also set artist records for Vilhelm Hammershoi and Isamu Noguchi, with pieces selling for $9 million and $12 million respectively, and included art from the collections of Fisch Davidson, Jan and Maria Manetti Shrem and Frances Wells Magee. Pablo Picasso Femme endormie The work was sold to a Japanese private collector, bidding with Yasuaki Ishizaka, chairman and managing director for Sothebys Japan, after a seven-minute bidding war. Directly following the first sale, Barker handed over the gavel to his colleague Quig Brunning, Sothebys head of jewelry, to lead the single-lot sale of a rare copy of the U.S. Constitution. In celebration of its fiftieth anniversary, Porsche Design presents two extraordinary design icons. Some buyers made relative bargains as it seemed that yesterday's bidders, while certainly present and spending, were offering only as much as they absolutely needed to, especially on pre-1980 works. News By the Numbers: A Breakdown of Results From Sotheby's 'The Now' and Contemporary Evening Auctions, May 2023 May 19, 2023 0 17 A head-spinning, high-variance spring auction cycle had its finale on the Upper East Side on Thursday night, as Sotheby's held the latest editions of its The Now and Contemporary evening sales back-to-back. 2023 Rocket Homes Real Estate LLC. Estimated to sell for at least 12M, several bidders brought the hammer price further up into its estimate range at 15.5M / $18.6M (or 18.09M / $21.7M w/p). Now, the house appears to be taking a slightly new approach to the older format, which saw one sale for modern art and another for postwar and contemporary work. Klimt Record Provides Sotheby's $252.9 M. London Sales with a Jolt Amid Fears of a Market Correction. Click the AdBlock Plus button on your browser and select Disable on Observer.com. Another abstraction by Brown from the Cramer collection, titled Bend Sinister (2002), sold for $6.4 million, 8 times the $800,000 low estimate. According to a statement from Sothebys following the sale, the work was purchased by a museum in the U.S, the location of which was not disclosed. Two artists made their auction debut: Mohammed Sami, the subject of a critically acclaimed Camden Arts Centre show (until 28 May), whose Family Issues I (2019) made 355,600, and Emma Webster, whose painting Primavera (2019) sold to a collector in Asia for 320,000. Is 2023 the Year Looted Art Returns Home? Among the most desirable and sought after whiskies on the market, this represents the most luxurious of Macallan, not only in presentation and quality, but also in rarity and age. Sotheby's Attempts a New Auction Model Amidst the Economic Downturn The theater was refurbished, and the paintings were sold to various collectors and galleries. Toyin Ojih Odutolas Through Line (2017), a charcoal and pencil work on paper featuring a standing female figure, outpaced expectations, bringing the artist her highest-ever auction price when it sold for $2.2 million. Modern Evening Auction | 2023 | Sotheby's Auction Closed Modern Evening Auction 16 May 2023 19:00 EDT New York Please note that the results listed on this page are inclusive of Sotheby's Buyer's Premium and Overhead Premium, and exclusive of any applicable taxes and costs, unless otherwise noted. That painting, Nice to See You Again,hammered at $13 million, surpassing its $12 million high estimate. But the parameters are loose, given that the sales will be organized on stylistic grounds rather than strictly by date, a Sothebys spokesperson said. Joyce was originally living in Brooklyn. This is the second time Sothebys has reformatted its marquee auctions since the start of the pandemic. It last sold at Sothebys New York in 2007 for $9.79M w/p. The same collector liaising via Sothebys Los Angeles-based senior specialist Jackie Wachter on the phone snapped up three paintingsby Cecily Brown, Shara Hughes and Nicolas Party in quick succession, spending 4.4m in the space of 20 minutes. Full proceeds of the sale will go to the CFDA Foundation, which benefits CFDA Scholarships and business mentoring to nurture the next generation of American fashion. Subscribe today and save! We are currently accepting consignments for this exceptional auction until July. "Evident in the intensely diverse range of subject, period and media, the Wolf Family Collection represents its own distinguished story and aesthetic while standing alongside the great American collections of the last century.". It was a relatively short affair, barely lasting more than an hour (w/p = with buyers premium). The auctioneer Helena Newman at Sotheby's Modern and contemporary evening sale in London, March 2023. Elsewhere in the Ostin sale, five bidders vied for Cecily Browns vibrant abstraction from 2015 titled Free Games for May, driving up the final sale price with fees to $6.7 million. To read our full stories, please turn off your ad blocker.We'd really appreciate it. Christie's staffers at the house's 20th/21st Century evening sale in London yesterday (June 28) got an A for effort. Subscribe today and save! It did so with just one phone bid from the guarantor, and embodied the tone of the nightsolid enough and within range, but lacking fireworks or fervour. which sold for $12.2 million Sotheby's two-part, 73-lot evening sale of modern and contemporary art raised $252.9 million. Sothebys and the Council of Fashion Designers of America will be partnering on an exclusive auction to offer looks from Americas most coveted designers, featuring iconic designs and rare pieces donated by CFDA members and collectors of American Fashion. And so can the industry players watching these auctions as the first test of the market's top end this year. Executed in 2020. It likewise stunned the crowd, selling for a record-setting $927,500, 8 times the low estimate of $80,000. In May 2023, from all listings sold in Camarillo, CA there were more than 23 sold above asking price, over 25 sold below and more than 9 were sold right at the asked price. The result surpassed his previous record of $770,200, paid for The Fortune Teller (1968) for at Sothebys New York just last year. Sold by a New Yorkbased philanthropist Dorothy Tapper Goldman to raise funds for her foundation, the document was offered with an irrevocable bid. Homes in Camarillo have sold for 2.4% less than they did a year ago. Share The auctioneer Helena Newman at Sotheby's Modern and contemporary evening sale in London, March 2023 Courtesy of Sotheby's All hope that Sotheby's Modern and contemporary. The first iteration of the series will take place next month at the houses New York headquarters. Its one of 11 surviving first copies of the 1787 edition of the Constitution, and its the only version that remains in private hands. Their living room is adorned with several paintings that nod to their early days of collecting works from the Hudson River School era. By the nights end, that sale raked in $303 million with fees after a total of five lots were withdrawn. Ishmael's voice serves as the embodiment of human endurance, and the desire to discover all that lies beyond the horizon.". Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Save more, spend less, see everything, & take back control of your financial life. There is a Mahogany Kneehole Bureau table crafted circa 1770 in Rhode Island; a bronze sculpture of a Native American man and his hunting dog from 1926; and even a monumental Greene & Greene Lantern from the entry of the Robert R. Blacker house in Pasadena California from 1908. Indicative of this new trend, Sotheby's 50th Anniversary Luxury Evening Auction: The Exceptionals saw all six lots across categories on offer sell in Hong Kong, amassing a sale total of HK$126.6 million (around US$16.2 million). In both New York and London, the categories are now mashed into. Properties may or may not be listed by the office/agent presenting the information. Nonetheless, pockets of spirited bidding were evidenced across the sale, and several lots in the seven figures performed well. Sothebys UK-based auctioneer Oliver Barker took to the podium on Tuesday night to lead the event from the houses Manhattan headquarters. It sold for $3.2 million, going for more than 15 times its $200,000 low estimate. The second portion of the night was led by Gustav KlimtsInsel im Attersee. The winner prevailed over bidders on the phone with Sothebys Asia chairman Patti Wong and New Yorks head of contemporary art Grgoire Billault to win it. Similarly, the same buyer of the Sami also purchased Michael Armitage's Muliro Gardens (baboons) (2016)only the second work by the coveted, White Cube-backed painter to come to auctionwhich made the artist's record at 1.5m. It is one of about fourteen portraits Picasso created of his daughter around this time. Courtesy of Sotheby's. New York's May auction season has come to a close. In the first portion of the night, the work that fetched the highest price was a 1996 painting by Yoshitomo Nara depicting his signature wide-eyed child protagonist wielding a knife.

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