Friday, January 14th, 2011

Sotheby’s Presents at Auction a Remarkable Collection of Modern and Contemporary Art

January 11, 2011 by All Art News  
Filed under Art Market, Featured

NEW YORK, NY.- This February, Sotheby’s presents at auction a remarkable collection of Modern and Contemporary European Art. Incorporating masterful works by Dalí, Modigliani, Chagall, Klee, Giacometti, Calder, Bacon, Freud and Chillida, sixty paintings and sculptures recount a grand narrative of artistic innovation during the Twentieth Century. Carefully selected over a period of 30 years of tireless dedication, the individual pieces embody their collectors’ singular passion and curatorial intelligence unified by outstanding quality, together they are a monument to impeccable connoisseurship.

The star lot of the sale is a triptych portrait of artist Lucian Freud by at Sotheby’s’ Looking Closely sale of 20th century works. Three Studies for a Portrait of Lucian Freud is estimated to fetch £7,000,000 – 9,000,000. Other top lots in the sale, said to have belonged to the low-profile Geneva collector George Kostalitz, who died last year, include works by Freud, Salvador Dali and Marc Chagall.

Artist Francis Bacons oil on canvas Studies for a Portrait of Lucian Freud 580x388 Sotheby’s Presents at Auction a Remarkable Collection of Modern and Contemporary Art
Artist Francis Bacon’s oil on canvas “Studies for a Portrait of Lucian Freud” is seen at Sotheby’s before its preview exhibition of highlights from its upcoming London sale of Impressionist Modern and Contemporary art in New York January 10, 2011. REUTERS/Shannon Stapleton.

“The works were bought between the 1960s and the 1990s,” Helena Newman, Sotheby’s European chairman of Impressionist and Modern Art, told Bloomberg. “It’s a personal collection of pieces that can be lived with on a domestic scale.” The total high estimate for the works on offer is $85 million.

Highlights from the sale:

• Salvador Dalí Portrait de Paul Eluard, Painted in 1929
Estimate: £3,500,000 – 5,000,000

• Marc Chagall Bethsabée, Painted in 1965
Estimate: £2,500,000 – 3,500,000

• Amedeo Modigliani Frans Hellens, Painted in 1919
Estimate: £2,000,000 – 3,000,000

• Alberto Giacometti Portrait d’Annette au pull-over rouge, Painted in 1961
Estimate: £2,000,000 – 3,000,000

• Alexander Calder L’Acrobate, Executed circa 1928
Estimate: £1,000,000 – 1,500,000

• Julio González Masque ‘Ombre et lumière’, Executed circa 1930
Estimate: £800,000 – 1,200,000

• Jean Fautrier Corps D’Otage, Executed circa 1943
Estimate: £700,000 – 900,000

• Paul Klee Freundlicher Ort (Friendly Place), Executed in 1919
Estimate: £650,000 – 850,000

• Lucian Freud Self Portrait, Executed in 1952
Estimate: £600,000 – 800,000

• Eduardo Chillida Peine del Viento II (Wind Comb II), Executed in 1959
Estimate: £600,000 – 800,000

• Jean Dubuffet Le Barbouillé, Executed in 1954
Estimate: £600,000 – 800,000

Related posts:

  1. Sotheby’s Presents Sale of Modern and Contemporary Arab and Iranian Art
  2. Painting by Marc Chagall Breaks Record at Seoul Auction’s Modern and Contemporary Art Sale
  3. Lehman Eyes $10 Million at Sotheby’s Modern Art Auction
  4. Exceptional Group of Modern and Contemporary Artworks on Offer at artnet Auctions
  5. Lee Man Fong’s Bali Life Sells for US$3.24 Million at Sotheby’s

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