Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

YSL Auction Fever

February 24, 2009 by Marion Maneker

Final tally for first two days of the YSL sale: €307m or $393 million with premium.

Two sessions left tomorrow, including the heads from the Beijing Summer Palace Zodiac clock.

Eileen Gray ChairAccording to Christie’s site, this Eileen Gray chair was just sold for €21.9m ($28.3 million) with premium. The high estimate was €3m.

Here’s part of the catalogue description:

The unique and remarkable ‘Dragons’ armchair was acquired from Miss Gray by Suzanne Talbot, the first patron to provide her with an opportunity to create a complete environment. The exotic, symbolist character of the piece situates it conceptually within the first phase of Miss Gray’s creative cycle. It aligns with the figurative panels and screens that can be traced to her first public exhibit in 1913 and the first published feature on her, in British Vogue, of 1917; it has an altogether different spirit from that evidenced in reductionist features such as the ‘brick’ wall panelling and screens that gave the Suzanne Talbot apartment so radically modern a character. The armchair distils all that was so personal and so magical in the first, intimately expressive phase of Miss Gray’s career — surprising, imaginative, subtly sculpted and crafted, it is a masterpiece of invention and execution.

Jean Dunand VaseThese two Jean Dunand vases were estimated at €1.5m at the high end but went for €3m with the premium. That’s a hair under $4 million for those of you keeping track in dollars.

Jean Dunand, regarded as the pre-eminent and most innovative artist in non-precious metals, was appointed Vice President of the ‘Metal’ Section for the 1925 Exposition Internationale et Industriels Modernes in Paris. He was given the commission to create four monumental vases to decorate the courtyard of the Pavillon des Métiers d’Art. The present vases are from that commission

Eileen Gray Satellite LightAnother Eileen Gray lot scores big at the YSL sale. This one went for a shade under €3 million. That’s $3.85 million even though the high estimate was closer to a $1 million or €800,000.

Afternoon Session

Claude Lalanne set of mirrors sells for $2.4m premium. Well above estimate.

Morning Session

Frans Hals portrait goes for $4.5million premium (3x high estimate)

Gainsborough reaches $2.8m premium (4x high estimate)

Ingres falls within estimate range at $2.7m premium.

Gericault $11.6m premium, (nearly twice the high estimate.)

Edward Coley Burne-Jones $1.4million premium (against $650,000 high estimate.)

More from Art Market Monitor

  • Rat & Rabbit Go for 15.75m Euro EachRat & Rabbit Go for 15.75m Euro Each
  • YSL Final DayYSL Final Day
  • De Staël Explodes in Paris Continuing Market RiseDe Staël Explodes in Paris Continuing Market Rise
  • Lalanne Furniture Sells for $2.3m in Paris SaleLalanne Furniture Sells for $2.3m in Paris Sale
  • Man Ray’s Noire et Blanche (€1-1.5m) Offered at Christie’s France in NovemberMan Ray’s Noire et Blanche (€1-1.5m) Offered at Christie’s France in November
  • Christie’s Announces €30m Prat Collection for FIAC in ParisChristie’s Announces €30m Prat Collection for FIAC in Paris

Filed Under: Uncategorized Tagged With: Art Fairs, Christie's, Paris

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...