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

Image of stolen Francis Bacon works.

3 Stolen Francis Bacon Paintings Recovered by Police in Spain

  • July 20, 2017 13:08

Spanish police announced the recovery of three of five stolen paintings by Francis Bacon on ...

Read More

Michelangelo's Sistine Chapel Ceiling, 1508-12.

New York Man Believes He Owns a Missing Michelangelo

  • July 20, 2017 12:19

A man in New York state thinks he has a painting by Michelangelo that hung for years in his ...

Read More

Odysseus hiding under a ram to escape from the cave of Polyphemus, part of the Torlonia Collection.

Antiquities Dealer Sues Wall Street Journal Over Article on ISIS Link

  • July 18, 2017 12:44

An antiquities dealer has sued the Wall Street Journal over an article linking his family-run art ...

Read More

Humans form a record- sized lotus flower on July 15, 2017, in Lotus Live organized by the Asian Art Museum, SF.

Asian Art Museum Clinches Guinness World Record for Largest Human Flower Art

  • July 17, 2017 14:33

A Guinness World Record was set Saturday when the Asian Art Museum organized 2,405 people at San ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

 

ArtfixDaily Artwire