Bloomberg mops up a few more big TEFAF deals including a strong sweep of reserves at Dickinson:
- 1967 Rothko oil-on-paper abstract, “Untitled (Red, White, Orange),” offered by London-based Lefevre Fine Art. Gallery director Alexander Corcoran wouldn’t divulge a price. Two other dealers with knowledge of the matter said the European buyer paid more than $3 million.
- A U.S. collector bought a 1967 nail relief by the German Zero artist Guenther Uecker, priced at $400,000, from New York dealer Luxembourg & Dayan.
- John Mitchell Fine Paintings sold a 1611 winter landscape by the Dutch painter Adam van Breen to the National Gallery of Art, Washington DC. It had an asking price of 910,000 euros.
- There was a profusion of green dots, signifying formal reserves, on the booth of Dickinson. The London dealer had found prospective buyers for about 20 major-name works, mostly on consignment, said gallery director Hugo Nathan. These included the 1926 Picasso painting, “Tete,” at $3.5 million and an 1834 Jean-Baptiste-Camille Corot view of Florence, bought by Tefaf exhibitor Daniel Katz and priced at $2 million.
Rothko, Basquiat Boost Art Fair as Billionaires Defy Price Rise (Bloomberg)
