If there’s a competition for the coverage of an art auction, Judd Tully won last night’s contest with his Artinfo.com report on the action at Christie’s. He started with a little scene setting:
Hollywood leading man Leonardo DiCaprio was watching the action disguised in a baseball cap and hoodie, seated next to Helly Nahmad throughout the proceedings, as if at center court at a Knicks‘ game.
He homed in on the only interesting news about the continuing strength in the Surrealist market:
“I think the market is strong for good material,” said San Francisco dealer Rowland Weinstein, who snared two Surrealist works, Yves Tanguy‘s “Entends Tu” from 1937 for $2,098,500 (est. $1-1,5 million) and Paul Delvaux‘s “Le Passage a Niveau,” a 48-by-48-inch cityscape composition from 1961 for $1,538,500 (est. $600-800,0000).
[…] Max Ernst‘s jungle-like habitat “La Joie de Vivre” from 1936 sold to New York dealerJohn Cavaliero for $902,500 (est. $500-800,000). Cavaliero also snagged Joan Miro‘s bawdy gouache-and-pencil-on-cardboard 1938 scene “Le Numero de Music-Hall” for $458,500 (est. $300-400,000).
And tallied the returns for Steven Cohen on the Vlaminck sale of $22,482,500 which he says the collector bought “at Christie’s New York in May 1994 for $6,822,500.”
Katya Kazakina says Steven Cohen bought his Vlaminck from Acquavella and sold it back to them again through Christie’s:
“For Vlaminck it’s a pretty key composition,” said Michael Findlay, director at Acquavella Galleries in New York, before the sale. “It couldn’t be a better date, it couldn’t be better colors.” The seller bought the work from Acquavella in 2002 and according to Christie’s, Acquavella bought it back last night.
A current exhibit at the Metropolitan Museum of Art exploring artists’ depictions of open windows may have given a boost to Matisse’s cherry blossom-colored “Open Window” from 1911, a view of his seaside studio in Collioure looking southwest toward the Pyrenees mountains beyond. A private European collector paid $15.7 million for it, over its $12 million high estimate.
Christie’s $156M Sale Falls Short of Forecast (Wall Street Journal)