Advertise With Us

Record-Smashing Juan Gris Tops Christie's $288 Million Sale

5 February 2014 - by ArtfixDaily Staff
  • “Nature Morte a la Nappe a Carreaux” by Juan Gris brought $56.8 million at Christie's on Feb.  4, 2014.

    “Nature Morte a la Nappe a Carreaux” by Juan Gris brought $56.8 million at Christie's on Feb. 4, 2014.

    Christie's

A work by Juan Gris catapulted to nearly three-times its estimate to fetch $56.8 million at Christie's in London on Tuesday. The price sets a new level for the Spanish painter in a sale marked with enthusiasm for "fresh to market" lots. The sale total of $288 million did not include 24 lots from a collection of Joan Miró works that were pulled just hours before going under the gavel.

Christie's withdrew the 85-piece collection of paintings, drawings, sculptures and collages, catalogued as “Miro: Seven Decades in His Art” and consigned by the Portugeuse Republic, over legal disputes.

Protestors in Portugal called to halt the sale of the Miros, valued at about $49 million in total. Government offcials wanted sale proceeds to help alleviate Portugal's more than €200 billion in debt. The artworks became state property after a failing bank, Banco Português de Negócios, was nationalized in 2008.

Even with the withdrawal of the Mirós (24 of which had been slated for Tuesday), the sale came to $288 million, within its pre-sale estimate of $223 million to $324 million. Christie's said in a statement that the results "represent the highest total for a sale held in London in any category."

The record-setting Juan Gris (1887-1927) painting, Nature morte à la nappe à carreaux, 1915, was one of the "fresh" works to come from a private Swiss collection, formed between the 1920s and 1970s. The artist's previous record was $28.6 million set in 2010 for a still-life with guitar and violin.

On Feb. 5, "Asian Private" buyer(s) acquired four of the top ten lots in Christie's Impressionist and Modern Works on Paper sale. The sale brought a total £ 5,392,100 /$8,789,123 with 69 of 84 lots sold.

The Impresisonist Modern Day Sale brought a total £11,998,700/$19,557,8881 with a tie at $1,079,875 for the top lot ranking: Kurt Schwitters's (1887-1948), Das Schwert des deutschen Geistes, 1935, and Pablo Picasso's (1881-1973), Grand vase aux femmes voiles, 1950.


Categories: european art

More News Feed Headlines
Winslow Homer's "Milking Time" has been confirmed as a work to be sold from the Delaware Art Museum.
Already under sanctions from the Association of Art Museum Directors for selling a painting from its collections, the Delaware Art Museum confirmed on Thursday that it will sell major works by Winslow Homer and Alexander Calder.
Checkerboard sideboard, designed by Keno Bros.  Sale price: $3,299.
American antique specialists Leigh and Leslie Keno, widely-known for their "Antiques Roadshow" television appearances, are bringing their own line of furniture to the masses through "flash sale" Website One Kings Lane.
Pablo Picasso's "Portrait de Femme (Dora Maar)" brought $22.6 million, including commission, at Christie's on May 6, 2014.
The global art auction market rose in value by 17 percent to a record $7 billion in the first half of 2014, according to Artprice.
Rendering of the new roof deck sculpture garden at the Aspen Art Museum.
Aspen Art Museum officials are being questioned about a plan to place iPads on live tortoises during an art exhibition this weekend.