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TEFAF Spring Sales Report

May 4, 2017 by Marion Maneker

Our comprehensive report of sales made during TEFAF Spring 2017 is available to AMMpro subscribers.

David Tunick made some strong sales at TEFAF’s Spring show click here to report sales.

David Tunick

  • sold the complete Matisse, Jazz in the upper six figures
  • a complete set of Miro, Constellations for a strong five-figure price
  • a highly important Leger gouache, Les Constructeurs also sold well into the five figures

Tina Kim Gallery

  • Ha Chyong-hyun, Untitled was sold (asking price $190k)

Artnet’s Eileen Kinsella had these sales from TEFAF:

David Zwirner Gallery

  • sale of a large Homage to the Square by Josef Albers to a private New York collector (asking price was $2.2 million)
TEFAF New York Spring 2017 (Photo:Harry Heuts) 

The Master, Judd Tully, kicks off his sale report from TEFAF with this comment on the fair’s almost-instant status as must-attend event:

“That kind of cozily insider vibe is in evidence everywhere at TEFAF New York, which has a very different feel from more garish and giddy art world events like Art Basel in Miami Beach.”

David Zwirner

  • Ruth Asawa’s “Untitled (S.531, Hanging Six Lobed, Two Continuous Interlocking Forms)” sold for $1.5 million
  • “Untitled (S.175, Hanging Single-Lobed, Four-Layer Continuous Form within a Form)” from circa 1992, executed in copper wire with oxidized patina, went for $400,000
  • one of her earliest works on paper, “Untitled (SF. 042a, printed cork ends)” in black ink from circa 1961-62, sold for $100,000.

Offer Waterman,

  • sold a standout Henry Moore work on paper, “Reclining Figures: drawing for metal sculpture” from 1954, in pencil, wax crayon, colored crayon and watercolors and felt tipped pen on paper.

Sean Kelly Gallery

  • Kehinde Wiley’s “Akilah Walker” bronzes from 2015 and cast in 2016, sold for $250,000 to an American private collector.

Cardi Gallery

  • somewhat obscure Italian Transavantgarde star Mimmo Paladino, whose triptych in gold leaf and carved wood from 2016 instantly sold to a New York collector for $150,000

Skarstedt Gallery

  • sold a Thomas Schutte head, “Wicht (5)” in patinated bronze from 2006, from an edition of six, for $650,000 to an American collector

Paul Kasmin

  • sold Constantin Brancusi’s polished bronze posthumous cast “Le Nouveau Ne,” from an edition of eight cast from the original 1920 iteration in 2003. Kasmin declined to name the price, but said that like “most of the ones I sell,” this Brancusi had gone for “between $3 million and $5 million.”
  • Francois-Xavier Lalanne’s seated “Babouin” in cast iron from a 1990 cast for between $1 million and $1.5 million

Sales Report: TEFAF Spring Blooms in New York  (BLOUIN ARTINFO)

Anna Louise Sussman had these sales from TEFAF Spring:

Galerie Gmurzynska

  • a large painting by the surrealist Roberto Matta, whose estate the gallery recently began representing. The work sold within TEFAF’s first few hours for roughly $1 million

Sean Kelly

  • two photographs by Idris Khan

The Merrin Gallery

  •  a black and white Franz Kline painting, which had sold by mid-afternoon

Lisson Gallery

  •  One Carmen Herrera sold to an institution on Wednesday.

Paul Kasmin Gallery

  • a Lee Krasner gouache on paper, Untitled (1964), sold early for $400,000

Significant Sales Jump Start TEFAF New York’s Inaugural Spring Edition (Artsy)

Petzel

  • sold a work by Dana Schutz, Self-Eater (2003), for $400,000 in the first few hours

Van de Weghe

  • Cy Twombly, Untitled (New York City) (1968) is on reserve for $6.5 million

Scattered Sales, Bottomless Bubbly Buoy TEFAF’s First Spring Edition in New York ( ARTnews)

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Filed Under: Art Fairs, Premium Tagged With: TEFAF Spring

About Marion Maneker

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