Old Masters with Staying Power Buoy Auction Series to $122 Million

Master of The Richardson Triptych (Siena c.  1370-1415) Enthroned Virgin and Child with Angels and Saints; the Redeemer; the Annunciation.  Tempera on panel.  30½ x 229/16 in, 77.5 x 57.4 cm open.
Master of The Richardson Triptych (Siena c. 1370-1415) Enthroned Virgin and Child with Angels and Saints; the Redeemer; the Annunciation. Tempera on panel. 30½ x 229/16 in, 77.5 x 57.4 cm open.
(Moretti Fine Art)
  • Frans Hals' "Portrait of a man," half-length, monogram oil on canvas.  Estimate: $700,000-1,000,000.

    Frans Hals' "Portrait of a man," half-length, monogram oil on canvas. Estimate: $700,000-1,000,000. Sold for $2.1 million at Christie's.

    Christie's Image Ltd.

Falling below expectations, the Old Masters auction sales in New York brought in a combined total of $122 million last week. About one-third of offered lots went unsold. Buyers were choosy and works with conservative estimates sold well, along with enduringly-popular scenes such as 18th-century Italian views.

A Venetian view by Vanvitelli, purchased from London’s Richard Green gallery in 1979 for £45,000 was bought back by Green for $1.5 million (£989,000) at Christie's. A later Venetian view by Canaletto, bought at auction in 1986 for $360,000, sold for $5.7 million at Sotheby's.

Christie's sold from the late actress Elizabeth Taylor's estate, a recently-attributed Frans Hals "Portrait of a Man, Half-Length," which was for decades thought to be by an imitator or student of Hals, but has been determined to be by the Dutch master.

Rare gold-ground paintings found interest. A recently attributed painting of the Annunciation by the 14th-century Sienese artist Simone Martini sold at auction for a record $4.1 million, and concurrent to the auctions, dealer Fabrizio Moretti hosted a well-attended annual winter exhibition of early Italian Old Masters featuring glowing gold-ground works.

Among the highlights at Moretti Fine Art is a triptych of the Enthroned Virgin and Child with Angels and Saints; the Redeemer; the Annunciation by the Master of the Richardson Triptych (c.1370-1415).

From the collection of famed Florentine collector Carlo de Carlo (1931-1999), the triptych, offered at above $1.4 million, is part of the exhibition The Middle Ages and Early Renaissance: Paintings and Sculpture from the Carlo de Carlo Collection and other provenances, on view through February 10 at Moretti, 24 East 80th Street, New York.

 

More News Feed Headlines

Ronald S Lauder - Rally against anti-Semitism - Berlin, September 2014.

Ronald Lauder Enlists Lobbyists to Help Pressure Museums to Give Up Nazi-Looted Art

  • July 28, 2015 22:58

Billionaire Ron Lauder has hired American Continental Group to aid his mission in recovering Nazi ...

Read More

Pierre Duc and Thierry Gallibour created this cyclist in a field for the 2012 Tour de France

Interview with the Tour de France's Land Art Legend

  • July 27, 2015 00:05

Renowned French artist Pierre Duc has created some exceptional "land art" with his collaborator ...

Read More

Andrew Wyeth's "Ice Storm"

Lawsuit Brews Over Wyeth's Ice Storm

  • July 27, 2015 00:05

A former TV news anchor from Tennessee is suing a Japanese gallery over the sale of Andrew ...

Read More

The Stillman House by Marcel Breuer

Marcel Breuer's Stillman House with Calder Mural at Auction

  • July 23, 2015 14:55

The Marcel Breuer-designed Stillman House, in bucolic Litchfield, Connecticut, will be offered by ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

ArtfixDaily Artwire