Tuesday, May 12, 2015

Picasso and Giacometti set records at auction Christie`s – Kommersant

At the auction, entitled “Forward to the past” at Christie`s auction in New York was established just two high-profile world records. For the first time some trades were exposed once two works valued at more than $ 120 million each. Painting by Pablo Picasso’s “Women of Algiers (Version A)” was sold for $ 179.365 million, becoming the most expensive work of art ever sold at auction, and pushed under the hammer at the same hour a sculpture by Alberto Giacometti “Decree man”, in turn, was the most expensive ever sold at auction sculpture – $ 141.285 million.

Experts Christie`s this time, set a goal to combine the work of the early XX century high value (for example, Picasso, Giacometti and Monet) within one trading. Usually they do that on sales of contemporary art, when the title of top authors endure the most high-price category, such as Andy Warhol, Jean-Michel Basquiat and Peter Doig. The high level of sales has been achieved due to third party guarantees. “Prices have reached a level that is prompting collectors to put their best things that ever appeared on the market, – commented the London expert Wendy Goldsmit.- Sellers seemed swayed figures. They want to strike while the iron is hot, because everyone knows that nothing lasts forever ».

Account records opened Pablo Picasso’s” Women of Algiers (version O) ». She was one of the top lots of the auction: her estimate was $ 140 million. Sale was preceded by persistent struggle. During a masterpiece once competed five largest players, the competition lasted a little more than ten minutes. As a result, the new owner paid for Picasso’s $ 16 million on top of paying even 12% commission. Thus formed the amount of $ 179,365,000 was a record in the history of the world’s trading for the picture sold at auction. Possessor of fabric with the perfect pedigree honored ovation. However, his name remains unknown: the buyers were traded on the phone and wanted to remain anonymous.

Picasso painted “Women of Algiers (version O)» in 1955 in memory of Henri Matisse. Then, just a year Spanish artist created a series of 15 paintings depicting half-naked courtesans in the cubist style. To create a cycle inspired by Picasso’s 1834 painting by French artist Eugene Delacroix XIX century, which is called – “Women of Algiers”. His answer Orientalist Delacroix Picasso numbered label each letter of the alphabet picture – from A to D. According to the expert on contemporary art Christie`s Brett Gorvi, the final “version of O” is considered the best picture of the series. It has long been in a private collection in London, the owner hails from Saudi Arabia bought it at auction in 1997 for modest by today’s $ 31.9 million. The picture was put Victor and Sally Ganz known American collectors who have bought this masterpiece from Picasso himself in 1956 for $ 212.5 thousand.

In addition to Picasso at auction Christie`s «Forward to the past” has been presented 35 works covering the art of XX century. Including a sculpture by Alberto Giacometti, Swiss-born Parisian bohemia and idol of the 1930s, ridden postwar existential anguish. Cast in bronze emaciated 180-centimeter “Decree people» (Pointing Man) was sold for a record for a sculpture of $ 141.285 million, which exceeded the expectations of appraisers for $ 11 million. A special attraction of this work of Giacometti added the fact that the maestro dyed it myself by hand. In the “Decree person” traded only two clients at home.

the Auction Christie`s not the first time possible to set world records. Before the most expensive Picasso was Francis Bacon. His triptych “Three Studies of Lucian Freud ‘auctioneers managed to sell for $ 142.4 million in November 2013 co-founder of the empire the Wynn Elaine Wynn. Even before the record was Edvard Munch – though already sold at auction auction house Sotheby`s in New York in 2012. One version of the famous “Scream” then went for $ 119.992 million.

In the world of sculpture to reporting the most expensive trading remained the same Giacometti, whose “Walking Man I» (L` Homme qui marche I), formed in 1960 and caused a storm of delight in the art world, in 2010, went to Christie`s auction for $ 104 million.

Elena Kravtsun





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