Displaying items by tag: madonna and child

Following a seven-year legal battle over a Sandro Botticelli painting "Madonna and Child" (1485) that was caught up in the collapse and ensuing bankruptcy proceedings of Salander-O'Reilly Galleries, rulings by two New York judges last month have resulted in the painting—worth an estimated $10 million—being returned to its rightful owner, Panama-based Kraken Investments. Ronald Fuhrer, a Tel Aviv-based dealer and advisor to Kraken, confirmed to artnet News that he had retrieved the painting on behalf of the investment firm on December 8. At various times, it looked as though the painting would be classified for legal purposes as gallery collateral and thus one of the assets that should be sold to repay creditors, despite the owners insistence that it had merely been loaned for a show.

Christie’s online-only auction of 125 works by Andy Warhol (1928-1987), which ran from February 26-March 5, 2013 was a huge success. The sale, which included paintings, drawings, photographs, and prints, garnered $2.3 million, doubling its pre-sale estimate. Proceeds from the auction will benefit The Andy Warhol Foundation for the Visual Arts, which is dedicated to the advancement of the visual arts.

The auction, which was the first online-only Warhol sale, attracted 65,000 visitors and 263 bidders from 36 countries. The featured works had estimates ranging from $600 to $70,000 and many have never been on public view. Highlights from the sale included I Love Your Kiss Forever, a 1964 lithograph of Marilyn Monroe’s lips that fetched $90,000, more than 40 times its pre-sale estimate; In the Bottom of My Garden (circa 1956), a complete book of offset lithographs colored by hand that realized $80,250; and a t-shirt screen printed with Warhol’s Self-Portrait with Fright Wig, which garnered $47,500. The only lot that failed to sell was a graphite on paper drawing titled Madonna and Child (circa 1981), which was expected to bring $30,000-$40,000.

The next Andy Warhol @ Christie’s sale is in April 2013 and will be dedicated to Warhol’s legacy at the famed New York nightclub, Studio 54. Christie’s will host a number of online auctions throughout 2013 as part of an ongoing partnership with the Warhol Foundation.

Christie’s will be holding an online-only auction of works by Andy Warhol (1928-1987) from February 26 through March 5, 2013. The sale, which aims to grant a broader audience the chance to own a Warhol original, will benefit the Andy Warhol Foundation for the Visual Arts.

125 paintings, drawings, photographs, and prints by Warhol, an art market powerhouse, will be available. The works feature a wide range of pre-sale estimates, spanning from $600 to $70,000. The online format allows interested buyers to browse available works, make bids, and receive notifications by phone or email about the sale and status of their bids.

Although this is Christie’s first online-only Warhol sale, the auction house will be hosting more throughout 2013 as part of an ongoing partnership with the Warhol Foundation. The weeklong digital sale marks the first time Christie’s has ever offered online-only Post War and Contemporary art sales.

Highlights from Christie’s online sale include one of Warhol’s famous Campbell’s soup cans filled with concrete (circa 1964), four gelatin silver prints of Steven Spielberg stitched together (circa 1976-1986), and a graphite on paper drawing titled Madonna and Child (circa 1981).