Displaying items by tag: untitled

This November, Christie’s will present an unrivalled selection of paintings and sculpture by some of the titans of twentieth century art. From Andy Warhol’s opulent Four Marilyns to Cy Twombly’s sublime Untitled, and Louise Bourgeois’ monumental Spider to Lucian Freud’s magnificent portrait The Brigadier –the very best examples of Pop, Minimalism, Abstract Expressionism and Conceptual Art are represented. The role of the collector is also honored, with a selection of Pop works from the Miles and Shirley Fiterman Collection, works of Arte Povera from the Collection of Ileana Sonnabend and the Estate of Nina Sundell, and an impressive grouping of works by Alexander Calder from the Arthur and Anita Kahn Collection.

A painting from Cy Twombly’s celebrated “blackboard” series could set a record for the artist at auction. “Untitled” (1970) is expected to fetch between $35 million and $55 million on November 12 at Christie’s in New York. Before being offered to buyers at the auction house’s Post-War and Contemporary Art Evening Sale, the work will be exhibited in London and San Francisco.

Twombly, who is best known for his calligraphic, graffiti-like paintings, executed his “blackboard” series  between 1966 and 1971. Using contrasting lines against a light or dark background, these rhythmic works feature geometric shapes, words, letters, and numbers, calling to mind a classroom blackboard or a pupil’s notebook. With its swirling landscape of loops drawn in white crayon against a dark gray background, “Untitled” is hypnotic, entrancing the viewer with its formulaic loops.

The Leo Castelli Gallery in New York City is currently presenting the exhibition “Jasper Johns and Roy Lichtenstein -- Walls.” The show includes paintings, drawings, and collages dating from the early 1970s to the 1990s, some of which have never been exhibited before.

All of the works on view feature walls as the main subject matter. The exhibition illustrates how Jasper Johns and Roy Lichtenstein both explored space and the notion of reality versus illusion in their work. Pieces such as Johns’ “Untitled,” which features a well-known Picasso image hanging on a wooden wall, and Lichtenstein’s “Trompe L’oeil with Léger Head and Paintbrush,” which includes an image from Fernand Léger, show how both artists also played with appropriation and referentiality in their wall works.

The Castelli Gallery was founded by the pioneering art dealer Leo Castelli in 1957. The gallery quickly became the international epicenter for Pop, Minimal, and Conceptual art and exhibited works by Robert Rauschenberg, Cy Twombly, Frank Stella, Andy Warhol, Donald Judd, Dan Flavin, Lichtenstein, and Johns. Castelli passed away in 1999 and the gallery is now directed by his wife, Barbara Bertozzi Castelli. The Castelli Gallery maintains a commitment to exhibiting the best of postwar American art.

“Jasper Johns and Roy Lichtenstein -- Walls” will be on view at the Leo Castelli Gallery through June 27. 

On May 13, Christie’s will offer a rare painting by Jean-Michel Basquiat during its Evening Auction of Post-War and Contemporary Art in New York. The work, which has resided in the same private collection since it was acquired from Annina Nosei’s SoHo gallery in 1982, is expected to fetch between $20 million and $30 million.

Basquiat’s graffiti-inspired Neo-expressionist and Primitivist paintings are highly sought after by collectors and remain influential in the realm of contemporary art. “Untitled,” which was created in 1981, the year that Basquiat transitioned from the underground art scene to international stardom, is frenetic, bold, and colorful -- characteristics that define the artist’s style. Brimming with gestural lines, broad strokes, and flat expanses of color, the work also exemplifies Basquiat’s technique during this period.

“Untitled” ranks among Basquiat’s largest canvases and has not been seen publicly until now. The work is being offered by the heirs of the painting’s original owner, Anita Reiner.

Jean-Michel Basquiat’s (1960-1988) neo-expressionist painting Untitled (1982) sold for $29 million at Christie’s in London on June 25, 2013, surpassing its pre-sale estimate of $24.7 million. The work, which was acquired by the seller for $1.7 million in 2002, sold to a telephone bidder. Untitled was painted in the same year as Dustheads, the Basquiat painting that sold for $48.8 million in May 2013, setting the record for the artist at auction.

Other highlights from the Post-War and Contemporary art sale included Roy Lichtenstein’s (1923-1977) Cup of Coffee (1961), which sold for $4.2 million and exceeded its $3 million high estimate; Willem de Kooning’s (1904-1997) uncharacteristically serene Untitled XXVIII, which brought $4.4 million, well past its high estimate of $3.5 million; and Yves Klein’s (1928-1962) SE 181 (1961), a sculpture in the artist’s signature blue hue, which garnered $4.1 million, surpassing its high estimate of $2.7 million. However, not all lots fared so well. Andy Warhol’s (1928-1987) Colored Campbell’s Soup Can (1965) failed to meet its low estimate of $3.4 million due to its unpopular color palette. Steven S. Cohen, the disgraced founder and CEO of SAC Capital Advisors LP, previously owned the work.

Overall, the sale realized a total of $108.4 million and sold 90% by value and 80% by lot. Francis Outred, International Director and Head of Post-War & Contemporary Art, said, “Overall the auction showed an intelligent, solid market and a depth of global bidding, which is a testament to the worldwide interest in Post-War and Contemporary art.”

After a whirlwind of auctions last week in New York, which included a historic $495 million post-war sale at Christie’s, Phillips’ Contemporary Art Evening Sale on May 16, 2013 seemed quite subdued. The boutique auction house’s sale garnered $78.6 million and sold 81% by lot and 88% by value.

The highlight of the night was Andy Warhol’s (1928-1987) Pop Art masterpiece, Four Marilyns (1962), which sold for $38.2 million. The sale confirmed that Warhol remains a powerful presence in the art market. During the auction two other Warhol works were sold -- Flowers (1964), which brought $2.4 million and Marilyn Monroe (Marilyn) (1967), which sold for upward of $2 million. Other major sales that night included Jean-Michel Basquiat’s (1960-1988) Untitled (1961), which garnered over $4 million and Roy Lichtenstein’s (1923-1997) Still Life (1972), which also sold for upward of $4 million.

Phillips has undergone a number of changes in the past year. Following the departure of Chairman Simon de Pury in December 2012, the company changed its name from Phillips de Pury & Co. to Phillips. In February 2013, the auction house revealed 10,000-square-feet of new gallery space at the company’s headquarters on Park Avenue in Manhattan. The expansion was an attempt to compete with the major auction houses such as Sotheby’s and Christie’s.

A group of leading artists, artist estates, collectors, and dealer has donated 25 works of art to benefit the Whitney Museum of American Art’s new Renzo Piano-designed building in downtown Manhattan. The works, which are said to be worth upward of $8 million, will be put up for auction at Sotheby’s New York from May 14-15, 2013.

All of the artists involved in the multifaceted gift have strong ties to the Whitney and are represented in the museum’s stellar permanent collection. The most valuable work that will be up for auction in May is Jasper Johns’ (b. 1930) oil on canvas painting Untitled (2012), which is estimated to sell for $1.5 million to $2 million. Johns has had five solo shows at the Whitney and has participated in over 37 group exhibitions; the donation came directly from the artist. Other highlights from the sale include a Jeff Koons (b. 1955) silkscreen on stainless steel, a Cy Twombly (1928-2011) work on paper, a recent nude by John Currin (b. 1962), and other works by John Baldessari (b. 1931), Andy Warhol (1928-1987), and Ed Ruscha (b. 1937).    

All of the profits from the sale will directly benefit the Whitney’s new building, which is expected to open in the High Line District in 2015.

Christie’s Post-War and Contemporary auction edged out Sotheby’s as the blockbuster sale of the week. Profits reached a walloping $412,253,100 on Wednesday night in New York and only six of the 73 lots went unsold. Beating the pre-sale estimate of $289,350,000-$411,800,000, the auction was the second highest grossing in Christie’s history. The record is currently held by the November 2006 Impressionist and Modern sale that brought $491.5 million. However, last night’s auction was the highest earning sale for the Post-War and Contemporary category to date.

During the course of the sale seven artist records were set and six works sold for over $20 million. Brett Gorvy, Chairman and International head of Post-War and Contemporary Art said, “We curated the sale around the rich variety of quality works and most coveted artists.” Works by these big name artists proceeded to sell for mind-bogglingly astronomical prices.

Andy Warhol’s iconic portrait of Marlon Brando, titled Marlon, (1966) sold for $23,714,500, Roy Lichtenstein’s interior Nude with Red Shirt (1995) brought $28,082,500, and Franz Kline’s seminal Abstract Expressionist painting, Untitled (1957) sold for a record $40,402,500. Other major sales included Warhol’s 3-D Statue of Liberty (1962) that went for $43,762,500, Mark Rothko’s Black Stripe (Orange, Gold and Black) that sold to a telephone bidder for $21,362,500, and Jeff Koons’ stainless steel Tulips (1995-2004) that brought $33,682,500, a new record for the artist. Jean-Michel Basquiat’s Untitled (1981) was expected to bring in big numbers and did not disappoint at $26,402,500, but the piece stayed under its high estimate of $30 million.

Contemporary sales continue tonight at Phillips de Pury.