Art Market Monitor

Global Coverage ~ Unique Analysis

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

The Season of Seventies de Koonings

March 19, 2018 by Marion Maneker

Sotheby’s Untitled de Kooning from 1977 in Hong Kong, left; Lévy Gorvy’s 1975 de Kooning from Paul Allen’s collection, right.

Art Basel in Hong Kong is kicking off a season of seventies de Koonings as several works come to market in the wake of the record price set two years ago when a much-traded work from 1977, Untitled XXV sold for $66.3m.

Lévy Gorvy announced today that it would be offering Paul Allen’s six-and-a-half-foot tall Untitled XII from 1975 with an asking price of $35m. Previously, Sotheby’s announced that it would be holding a private sales exhibition in Hong Kong that same week with a smaller (four-and-a-half-foot by five-foot) untitled work from 1977.

Bloomberg’s Katya Kazakina also toted up the de Koonings that will follow on during the New York sales in May:

Some lower-priced de Kooning paintings will be offered during the May auctions in New York: a 1976 “Untitled XVIII” from the estate of billionaire couple Joan and Preston Robert Tisch […] at Christie’s; and a 1978 “Untitled VI” sold by the Mandel Foundation at Sotheby’s.

Billionaire Plans to Part With $35 Million Painting at Hong Kong’s Art Basel  (Bloomberg)

More from Art Market Monitor

  • Barney Ebsworth’s $300m Collection of American Art Debuts at Christie’s ParisBarney Ebsworth’s $300m Collection of American Art Debuts at Christie’s Paris
  • Christie’s Adds $25m de Kooning from 1977 to MayChristie’s Adds $25m de Kooning from 1977 to May
  • Phillips Announces Late $12m de Kooning for MayPhillips Announces Late $12m de Kooning for May
  • Waldemar Januszczak Takes You Through the Royal Academy’s Abstract Expressionism ShowWaldemar Januszczak Takes You Through the Royal Academy’s Abstract Expressionism Show
  • Now that Critics Obsess Over the Market, Who Is Talking About the Art?Now that Critics Obsess Over the Market, Who Is Talking About the Art?
  • Sotheby’s Unveils 70s de Kooning ($25-35m) for NovemberSotheby’s Unveils 70s de Kooning ($25-35m) for November

Filed Under: Artists, Collectors Tagged With: de Kooning, Paul Allen

About Marion Maneker

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

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Sotheby's Evening Cont. Sale, London
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Tony Podesta's Secret Art Buying
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Basquiat's Last Girlfriend
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Podcast
  • Re-discovered John Constable Painting at Sotheby's in December
  • 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