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Key Facts & Figures from Tonight’s Sales:

  • Combined sale total: $426.8m (est. $375.4-534m) — the third highest total for a single evening in Sotheby’s history
    • The Mo Ostin Collection totals: $123.7m ($103.3-155.3m)
    • The Modern Evening Auction totals: $303.1m (est. $272.1-378.7m)
  • One work sells for more than $50m; a further work sells for more than $40m, and four works sell for more than $20m 
  • All but one work in The Mo Ostin Collection sold, with 83% of lots in the Modern Evening Sale selling
  • Collectors in Asia were out in force, accounting for more than one-third of the Modern Evening Auction’s total sale value, acquiring works by Gustav Klimt (bought by a private Japanese collector), Paul Gauguin, Vincent van Gogh, Camille Pissarro, Claude Monet (Palmier à Bordighera), Édouard Manet, Henri Matisse (Nu au peignoir) and Edvard Munch. Collectors in Asia also bid on works by Roy Lichtenstein, Henri Matisse (Femme assise sur un balcon) and Vilhelm Hammershøi 
  • Two auctions records set: Vilhelm Hammershøi ($9.1m); Isamu Noguchi ($12.3m)

Top Lots of the Night 

 

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The star highlight of the night: Gustav Klimt’s Insel im Attersee painted in c. 1901-02, on the cusp of the artist’s acclaimed Golden period, sold to a Japanese private collector for $53.2m after a seven-minute bidding battle during the Modern Evening Auction (est. in the region of $45m).  

 

Two timeless masterpieces by René Magritte set new benchmarks in their auction debuts during

The Mo Ostin Collection

  • L'empire des lumières, which has remained in the collection since 1979, sold for $42.3m (est. $35-55m), becoming the second most valuable work by the artist ever sold at auction; 
  • After a seven-minute bidding battle, Le domaine d'Arnheim achieved $18.9m ($15-25m) - a record for the artist’s ‘Arnheim’ series and his ‘Shattered Glass’ paintings. 

Distinguished Collections Drive Demand

  • Sir Peter Paul Rubens’ Portrait of a Man as Mars achieved $26.2m (est. $20-30m). The work comes from the esteemed Fisch Davidson Collection, from which 10 works achieved $49.6m in January 2023. 
  • Two works from the collection of Jan Shrem & Maria Manetti Shrem are sold for charitable purposes supporting the arts, music, educational and medical research, including Pablo Picasso’s Femme nue couchée jouant avec un chat, which realized $21.2m (est. $20-30m).
  • Eight works from the “Impressionist Spirit Collection” achieved a combined $31.6m, led by Claude Monet’s Cap au martin, which sold for $11.5m (est. $10-15m). 
  • Two works from the collection of Frances Wells Magee found buyers, including Mark Rothko’s Untitled canvas which realized $4.7m. A further two works from the collection will be offered in the Contemporary Evening Auction. 

Further Standout Results 

 

From the Mo Ostin Collection Evening Auction:  

  • Five participants from across the globe vied for Cecily Brown’s expressionist painting, Free Games for May, taking the final price to $6.7m (est. $3-5m). 
  • Once held in the collection of The Broad Art Foundation in Los Angeles, Jean-Michel Basquiat’s Moon View surpassed its high estimate to sell for $10.8m (est. $7-10m). 

From the Modern Evening Auction:

  • Vincent van Gogh’s 1887 work, Jardin devant le Mas Debray, a work showcasing the artist’s early use of vivid color was acquired by a collector in Asia for $23.3m in its auction debut (est. $20-30m). 
  • Auction record set for Vilhelm Hammershøi after his Interior. The Music Room, Strandgade 30, almost doubled its high estimate to achieve $9.1m in its first appearance at auction in almost 80 years (est. $3-5m). Acquired by an American museum.
  • Isamu Noguchi’s The Family sold to applause after a six-minute bidding battle for $12.3m - setting a new auction record for the artist (est. $6-8m). Tonight’s sale marked the first time the work has appeared on the market since its creation 60 years ago. 
  • Six works by Pablo Picasso bring a combined $52.4m, led by Femme nue couchée jouant avec un chat ($21.2m). 
  • Alberto Giacometti’s Femme Leoni sold for $28.5 million, a record for the artist’s series.

 

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*아티스트 & 뮤즈 <9> 구스타프 클림트와 아델레, 에밀리, 세레나, 엘리자베스, 마다

https://www.nyculturebeat.com/?mid=Art2&document_srl=3928168

 

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