Tag: Art Prices

Rare Basquiat Masterpieces Worth Over $60,000,000 Unveiled by Phillips

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The spotlight shines brightly on the monumental 1982 masterpiece, estimated to fetch a staggering $40-60 million. This captivating piece, dubbed ‘Untitled (ELMAR),’ commands attention with its sheer scale and intricate symbolism. Acquired by the Pellizzi Family just two years after its creation, this eight-foot-wide marvel stands as a testament to Basquiat’s transformative journey from street art prodigy to gallery luminary. Rich in iconography and imbued with self-referential imagery, ‘Untitled (ELMAR)’ offers a profound exploration of duality within the artist’s identity, encapsulating the essence of Basquiat at the zenith of his creative prowess.

Zdzisław Beksiński’s Artwork Fetches Nearly €100,000 at Surrealist Sale in Paris

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Zdzislaw Beksinski (1929-2005), the renowned Polish artist, continues to captivate art enthusiasts worldwide as one of his significant pieces, an oil on panel, soared to a remarkable €91,840 at the recent Bonhams Cornette de Saint Cyr Surrealist Sale in Paris on March 27, 2024. The painting, which had a pre-sale estimate ranging from €50,000 to €70,000, emerged as one of the highlights of the event, drawing attention for its profound artistic expression.

Musée d’Arts de Nantes Acquires Jane Graverol’s Painting for Over €71,000

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In a notable display of support for female artists, the Musée d’Arts de Nantes (France) exercised its right under French law to pre-empt the final bids on three paintings at the recent Bonhams Cornette de Saint Cyr Surrealist Sale in Paris. The museum’s proactive stance in securing these artworks highlights its commitment to promoting gender diversity in the arts and enriching its collection with significant contributions from women artists.

Important Vasily Polenov Masterpiece Sells for $1.7 Million at Bonhams, Setting a World Record

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In a remarkable event at Bonhams 19th century and British Impressionist Art Sale today, an exquisite oil on canvas by Vasily Dmitrievich Polenov (1844-1927) stole the spotlight, fetching an astonishing £1,379,000 ($1,760,000). The painting, titled ‘And she went and told them that she had been with Him as they mourned and wept’, is a part of Polenov’s renowned series, ‘The Life of Christ’. Initially estimated to sell for £400,000-600,000, the final price far exceeded expectations, marking a significant moment in the art world.

American Antiques Smash Records at Christie’s Totaling $9.3M – Joshua Johnson’s Art Sets World Record

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Christie’s annual auction of Important Americana in New York has exceeded all expectations, totaling an impressive $9,294,784. This figure marks a significant milestone, more than doubling last year’s total, and surpassing the low estimate by a striking 122%. With 80% of lots sold, the auction showcased the robust demand for Americana collectibles. Notably, over 25% of buyers and bidders were new to the category at Christie’s, indicating a growing interest in this niche market.

Bonhams Unveils Important Vasily Polenov Masterpiece at their 19th Century Impressionist Art Auction in London

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A rare oil painting by the Russian artist Vasily Dmitrievich Polenov (1844-1927), part of a series titled ‘The Life of Christ,’ will take center stage at Bonhams’ upcoming 19th-century and British Impressionist Art Sale on March 20 at New Bond Street in London. Entitled ‘And she went and told them that she had been with Him as they mourned and wept,’ the artwork is expected to fetch between £400,000 and £600,000. Another painting from the same series, ‘There were also women looking from afar off,’ achieved a price of over £1.5 million at Bonhams last year.

Tretchikoff’s Missing “Lost Orchid” Re-emerges at Bonhams African Art Sale In London

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It is considered to be one of Vladimir Tretchikoff’s great masterpieces and is one of the best-known and most reproduced of his works. Yet for years his Lost Orchid was itself considered lost. Having not been seen in public since it was acquired from the artist in 1955, the painting has finally re-emerged and will now be offered at Bonhams’ Modern and Contemporary African Art sale on 27 March at New Bond Street, London. It has an estimate of £150,000 – 200,000.

Lucie Rie’s Ceramic Bowl Shatters Records, Sells for €406,800 at Bonhams Cornette de Saint Cyr Auction in Paris

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In a riveting event at the Ceramic Masterpieces sale in Paris on Tuesday, December 6, 2023, a Footed bowl by Lucie Rie (1902-1995) stole the spotlight, executed circa 1980 with inlaid pink radiating lines, turquoise, and manganese bands. The intense bidding war that ensued saw the bowl fetching an astonishing €406,800, nearly 10 times its initial estimate of €40,000-60,000, setting a new world auction record for the renowned artist.

Dutch Collection of Art & Antiques Fetches £2.86m at Bonhams Auction

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In a dazzling spectacle of high-stakes bidding, the illustrious collection of the late Dutch connoisseur-collector Cornelis Paulus van Pauwvliet took center stage at Bonhams New Bond Street on Tuesday, November 21. The auction, a crescendo of anticipation, saw a remarkable total of £2.86 million change hands as passionate art enthusiasts vied for a piece of cultural history.

Richard Diebenkorn’s Painting Sells for $46.4 Million at Christie’s

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In a groundbreaking Christie’s auction on November 9, 2023, Richard Diebenkorn’s seminal artwork, “Recollections of a Visit to Leningrad,” achieved a record-setting price of $46,410,000 US. Painted in 1965, this monumental canvas, measuring 181.3 x 211.1 cm, stands as a testament to Diebenkorn’s transformative encounter with the works of Henri Matisse during a rare trip to the Soviet Union in the 1960s. Diebenkorn’s journey to the Soviet Union was part of a cultural exchange initiated by President John F. Kennedy and Premier Nikita Khrushchev. During his visit, the artist immersed himself in Matisse’s masterpieces, particularly those housed in the Pushkin State Museum of Fine Arts in Moscow and the State Hermitage Museum in Leningrad (now Saint Petersburg). This experience had a profound impact on Diebenkorn, inspiring a shift in his artistic approach towards abstracted planes of rich and vibrant color.