sotheby's paris achieves highest contemporary art evening sale total of the paris summer sale season

7/28/2019 Sotheby's Paris Achieves Highest Contemporary Art Evening Sale Total of the Paris Summer Sale Season

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Agrment N 2001 002 du 25 octobre 2001Vente dirige par Cyrille Cohen, Philipp Wrttemberg et

Communiqu de presse Press Release

Paris | 33 (0)1 53 05 53 66 | Sophie Dufresne | [email protected]

Sothebys Achieves the Highest June 2013 Sale Totals inFrance For Both

Impressionist & Modern Art andContemporary Art Sales

The Combined Sale Total for SothebysAuctions of Impressionist & Modern and

Contemporary Art Over Two Days Reaches46.1m/$60.3m/ 39.2m

The Highest-Ever Total for a Sale Series at Sothebys Paris

Highest Priced Contemporary Work of Art This Auction Season in Paris:

Jean-Michel Basquiat's Crown HotelSells for 5.7/ $7.4m / 4.8mA Record Price at Auction for the Artist in France

10 Works sold for over 1 million4 works sold for over 2 million

Two works by Pablo Picasso from the collection of Marina Picasso,the artists granddaughter, raise a combined total of 5.2m/ $6.7/ 4.4A record price at auction in France was established for


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Alberto Giacometti

With the sale of one of the artists earliest painted bronzes, Figurine,which fetched 2.7m/ $3.5m/ 2.3

Contemporary Art Sale, 5th & 6th June 2013

Stefano Moreni, Head of Sothebys Paris Contemporary Art Department,

comments, We are extremely pleased with the strong result of tonights sale, which sawthe international market responding enthusiastically to rare works from renowned

collections. We succeeded in achieving the highest total for a Contemporary Art Eveningsale this summer auction season in Paris. This is testament to our strength in sourcing and

selling high-calibre works by major global artists, responding precisely to the desires of ourclients, with a particular focus on internationally recognised French artists."

Impressionist & Modern Art 6th June 2013

Thomas Bompard, Head of Sothebys Paris Impressionist & Modern Art

Department said, Tonights sale featured exemplary works by Picasso, Giacometti, Lger,Kandinsky, de Chirico and Mir in La Galerie Charpentier. Sothebys offered the best, and

the sale results were even better! Of all the major auctions that have taken place in Paristhis summer season, tonights Impressionist & Modern Art sale stands out as one in which

as many as four of the top lots were hammered down at sums that exceeded expectations,thanks to those discerning collectors who have shown their confidence in Sothebys

France.

Record pricesLon Spilliaert, Digue dOstende aux rverbres, 1908: 361,500 / $473,692/306,954**Worldwide record for the artist at auction**

Joan Mir, GrandVase, 1956: 601,500 /$ 788,176/ 510,741** Worldwide record for a ceramic of the artist at auction **

Alberto Giacometti, Figurine, conue vers 1949-1950, fondue en 1950 et peinte en 1951 :2,673,500/ $3,503,221/ 2,270,102**Record in France for the artist**

Jean-Michel Basquiat, Crown Hotel, 1982: 5,697,500 / $7,436,320 / 4,848,931** Record in France for the artist **

Zao Wou Ki, 14.7.71 , 1971: 2,113,500/ $2,758,519/ 1,798,721** Record in France for the artist **

Willem de Kooning, Five Women, 1952: 901.500/ $1,176,629/ 767,233** Record in France for the artist **

Jean-Michel Othoniel, Sant titre (collier multicolore), 2007 : 97,500/ $127,256/ 82,979

** Record in France for the artist **


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Impressionist & Modern ArtTotal : 19,759,050/ $25,891,271/16,777,651Estimate: 14,434,200-20,631,800/$19,154,305-27,359,653/ 12,412,069-17,729,16973.3 % sold by lot

90.4 % sold by value

Contemporary Art Combined TotalTotal: 26,349,838/ $34,391,545/22,425,368Estimate: 18,348,000-25,881/$23,947,626/ 15.615.301-22.026.35884.7% sold by lot98.4% sold by value63.9% lots that sold above high

estimate

Contemporary Art Evening SaleTotal: 21,623,600 / $28,222,906/18,403,043Estimate: 15,350,000-21,620,000 /$20,034,667-28,218,208/ 13,063,815-18,399,97996.9% sold by lot99.8% sold by value

Contemporary Art Day SaleTotal: 4,726,238/ $6,168,639/4,022,326Estimate: 2,998,000-4,261,000/$3,912,960-5,561,415/ 2,551,486-3,626,37981.7% sold by lot92.4% sold by value


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Press Release

Paris | 33 (0)1 53 05 53 66 | Sophie Dufresne | [email protected]

Sothebys Paris Evening Sale of Impressionist & Modern Art Achieves19.8m / $25.9m / 16.8m

The Highest Impressionist & Modern Art Sale Total of the2013 Paris Summer Auction Season

Highest Price of the 2013 Paris Summer Impressionist & Modern Art Sales:

Femme Assise en Robe Grise by Pablo Picasso Sellsfor3.7m/ $4.9m/ 3.2From the Collection ofMadame Marina Picasso, Granddaughter of the Artist

Record Price at Auction in France Established For Alberto Giacometti

Femme assise (Femme assise en robe grise) by Pablo Picasso, 31 August 1943, sold by Madame Marina Picassosold for 1,393,500 / $1,825,973 / 1,183,238 (est. 2.5-3.5m /$3.26-4.56m)

Femme Assise en Robe Grise by Pablo Picasso, dated 10.12.38, sold by Madame Marina Picasso sold for3,793,500/ $4,970,813/ 3,221,107 (est. 2.5-3.5m/ $3.2-4.5m)

Paris, June 6th 2013 Tonight Sothebys Impressionist & Modern Art Evening Sale realised anoverall total of 19,759,050 /$25,891,271 /16,777,651 (est. 14,584,20020,831,800/$19,154,305-27,359,653/ 12,412,069-17,729,169), the second-highest total in this category atSothebys Paris. The top lot of the sale was Pablo Picassos Femme Assise en Robe Grisewhich exceeded pre-sale expectations and sold for 3,793,500/ $4,970,813/ 3,221,107(est. 2.5-3.5m/ $3.2-4.5m). The work was offered from the personal collection of hisgranddaughter Marina Picasso. A record price at auction in France was established forAlberto Giacometti with the sale of one of the artists earliest painted bronzes, Figurine, whichfetched 2,673,500/ $3,503,221/ 2,270,102 (est. 1-1.5m /$1,312,000-1,968,000). The sale

was 73.3% sold by lot and 90.4% sold by value, with five works selling for over 1million.


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Thomas Bompard, Head of Sothebys Paris Impressionist & Modern Art Department said,Tonights sale featured exemplary works by Picasso, Giacometti, Lger, Kandinsky, de Chirico and

Mir in La Galerie Charpentier. Sothebys offered the best, and the sale results were even better! Ofall the major auctions that have taken place in Paris this summer season, tonights Impressionist &

Modern Art sale stands out as one in which as many as four of the top lots were hammered down at

sums that exceeded expectations, thanks to those discerning collectors who have shown theirconfidence in Sothebys France.

WORKS FROM THE COLLECTION OF MARINA PICASSOThis evenings sale offered the very first opportunity for collectors to bid for two works by PabloPicasso that formed part of the collection of the artists granddaughter, raising a combined totalof 5,187,000/ $6,796,785/ 4,404,435. The Sale will fund the noble causes supported byMarina Picasso to benefit children and adolescents in difficulty in Vietnam, France andSwitzerland.

The works date from 1938 and 1943 and reflect Picassos new, combative aesthetic approachand militant engagement during years of war. Palette et Tte de Taureau was sought after by xbidders, on the phone, in the room and online and after prolonged bidding sold above the highestimate for 1,393,500/ $1,825,973/ 1,183,238 (est. 1-1.5m/$1.3-1.9m). Painted in 1938

just a year after Guernica, the dramatic tension is still apparent. The work exudes a malaise andterror through its strong black lines on a grisaille ground.

The second powerful work, Femme Assise en Robe Grise, also attracted competitive bidding, andfinally fetched 3,793,500/ $4,970,813/ 3,221,107 (est. 2.5-3.5m/$3.2-4.5m). The paintingshows Dora Maar with dark rings around her eyes, portrayed as a sort of black sphinx in anElizabethan dress that resembles a suit of armour.

Marina Picasso believes that helping to look after orphaned children or suffering adolescentsand surrounding them with affection has been a constant aim of my life. The sale of these twopaintings will enable me to support various organizations involved in these fields.

THE COLLECTION OF COMTESSE VIVIANE DE WITTFollowing Sothebys Paris sale of Contemporary Art last night, the works offered in tonightsauction performed extremely well, bringing a combined total of 3,272,000/ $4,287,465/2,778,295 (combined pre-sale est. 1.3- 1.95m/ $1.7-2.6 /1.1-1.65m). This brings the totalfor works from The Collection of Comtesse Viviane de Witt sold at Sothebys Paris thisweek to 13,378,900/ $15,118,157/11,372,065 (est. 9,049,200-12,792,800/ $10,225,596-14,455,864/ 7,691,820-10,873,880).

A highlight of the works offered from the collection, and appearing on the market for the firsttime since the 1980s, was one of Alberto Giacomettis earliest painted bronzes, Figurine, whichdates from the early 1950s. Giacometti gave it as a gift to his friend, the painter Balthus.

Following extended bidding from five bidders, the work sold well above the high estimate for2,673,500/ $3,503,221/ 2,270,102 (est. 1-1.5m/ $1,312,000-1,968,000) establishing arecord auction price in France for the artist.

Viviane de Witt is married to Jrme de Witt a descendant of Napoleon's brother Jrme, Kingof Westphalia and became one of France's first female auctioneers in 1978, swiftly making hermark on the country's male-dominated auction world.

THE COLLECTION OF ALEX & ELISABETH LEWYT

Eminent American art patrons, Alex & Elisabeth Lewyt assembled one of the most famouscollections of late 19th/ early 20th century European art. Following last nights sale ofContemporary works from the Collection, tonights sale brings the combined Paris sales total

of works from the collection to 2,824,625/ $3,191,826/ 2,400,931 (pre-sale est. for thegroup of works 2,156,000-3,216,000/ $2,436,280-$3,634,080/1,832,600-2,733,600).Previously Sothebys New York sales in May 2013 of selected works from the Collection brought


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a total of 79.4m/ $104.2m/ 67.1m/, bringing the global Sothebys total to date to 82.2m/$107.4m/ 69.9m.

Befitting Mr and Mrs Lewyts deep devotion to philanthropy, proceeds from the sale of theircollection will benefit a charitable foundation to be established in their name. The foundationwill support the causes that they both were passionate about, especially those concerned withanimal welfare.

FURTHER SALE HIGHLIGHTSWassily Kandinskys 1925 Blauer Kreis no. 2(Blue Circle II) embodies the artists philosophicalreflection on the celestial beauty of the circle. With its explosion of incandescent reds and pinks,this is one of the most intense paintings conceived by Kandinsky during his Bauhaus period. Itwas acquired by its current owner at the legendary BourdonSale in Paris in 1990 1,676,700/$2,197,046/ 1,423,706 (est. 1-1.5m/$1,312,000-1,968,000).

A monumental 1930 triptych by Fernand Lger, Queues de Comte sur Fond Noir(Comet Tails ona Black Ground), fetched 1,777,500/ $2,329,147/ 1,509,297 (est. 1 -1.5m/ $1,312,000-1,968,000). The work evokes the interwar glamour of the Riviera. It was commissioned by thefamous American couple Sara and Gerald Murphy immortalized by F. Scott Fitzgerald as Dick

and Nicole Diver in Tender Is The Night for their legendary Villa America in Cap dAntibes.

Alberto Giacomettis Torse, conceived in 1925 and cast during the sculptors lifetime, is oftenconsidered his first modern statue. Tonight the work commanded 697,500/ $913,969/592,256 (est. 600,000-800,000/$787,000-1,050,000).

SURREALIST HIGHLIGHTSAmong the spectacular array of Surrealist works offered in tonights sale, a particular highlightwas Giorgio de Chiricos L'Enigme du Dpart (c.1925) which sold for 841,500/ $1,102,660/714,528 (est. 700,000-1,000,000/$919,000-1,312,000). The work integrates all the iconicelements of his most admired metaphysical period paintings from which are increasingly rareon the international market.

Marcel Duchamp was well represented in tonights sale, in particular with the sale of his MonteCarlo Bond (No.27) of 1924 which fetched 337,500/ $442,243/ 286,575 (est. 200,000-300,000/ $256,000-384,000).

Three works from different periods in Francis Picabias career performed well tonight:Transparence (Portrait of Madame Picabia) from 1925-28 fetched 493,500/ $646,658/419,037 (est. 350,000-500,000/$459,000-656,000); Femme au Masque (c.1938), continuingon from Picabias famous Monster series begun in the mid-1920s, sold for 157,500/$206,380/ 206,380 (est. 150,000-200,000/$197,000-262,000); and Sans Titre, a compositionfrom his abstract period, from the collection of Welsh artist Barry Flanagan, reached 217,500/

$285,001/ 184,682 (est. 200,000-300,000/$262,000-394,000).

RECORD PRICES ACHIEVED TONIGHT

Lon Spilliaerts workDigue dOstende aux Rverbres exceeded expectations, fetching361,500/ $473,692/ 306,954 sum twice its pre-sale estimate of 100,000-150,000/$128,192,000 and a world record price at auction for the artist.

Alberto Giacomettis Figurine, which dates from the early 1950s, sold well above the highestimate for 2,673,500/ $3,503,221/ 2,270,102 (est. 1-1.5m /$1,312,000-1,968,000)establishing a record price at auction in France for the artist.

Dorothea Tannings The Young Student of 1946 fetched 145,500/ $190,656/ 123,546(est. 120,000-180,000/ $154,000-231,000), a record price at auction for the artist inFrance.

A world record price at auction for a work in ceramicby Joan Mir was establishedwith the sale ofGrand Vase for 601,500/ $788,176/ 510,741 (est. 150,000-200,000/$192,000-256,000).


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Sothebys has been uniting collectors with world-class works of art since 1744. Sothebys became the firstinternational auction house when it expanded from London to New York (1955), the first to conduct sales

in Hong Kong (1973) and France (2001), and the first international fine art auction house in China (2012).

Today, Sothebys presents auctions in eight different salesrooms, including New York, London, Hong Kong

and Paris, and Sothebys BidNow program allows visitors to view all auctions live online and place bids in

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*Estimates do not include buyers premium and prices achieved include the hammer price plus buyerspremium.

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+33 (1) 53 05 53 05 F +33 (1) 47 42 22 32 WWW.SOTHEBYS.COM

Rsultats de vente ParisArt Impressionniste et ModerneVente PF1306

6 juin 13

Total(Including Buyer'sPremium):

19,759,050 (25,891,271 $)Exch Rate: 1.31Vendu par lot: 73.3% Lots Offerts: 86Vendu envaleur: 90.4% LotsVendus/Invendus: 63 / 23

Lot Prix () Estimation () Acheteur19 3,793,500 (4,970,813 USD) 2,500,000 - 3,500,000 AnonymePablo Picasso, Femme assise (Femme assise en robe grise), 1943, huile sur toile6 2,673,500 (3,503,221 USD) 1,000,000 - 1,500,000 AnonymeAlberto Giacometti, Figurine, conue vers 1949-1950, fondue en 1950 et peinte en 1951, bronze peint

**Record pour lartiste en France**

14 1,777,500 (2,329,147 USD) 1,000,000 - 1,500,000 Collectionneur priv amricainFernand Lger, Queues de comte sur fond noir, 1930, huile sur toile22 1,676,700 (2,197,064 USD) 1,000,000 - 1,500,000 Collectionneur priv amricainWassily Kandinksy, Blauer Kreis No. 2 (Cercle bleu II), 1925, huile sur carton18 1,393,500 (1,825,973 USD) 1,000,000 - 1,500,000 AnonymePablo Picasso, Palette et tte de taureau, 1938, huile et encre sur toile11 841,500 (1,102,660 USD) 700,000 - 1,000,000 AnonymeGiorgio de Chirico, L'Enigma della partenza (L'Enigme du dpart), vers 1925, huile sur toile35 697,500 (913,969 USD) 600,000 - 800,000 Collectionneur priv nord-europenAlberto Giacometti, Torse, 1926, bronze26 601,500 (788,176 USD) 150,000 - 200,000 Collectionneur priv europenJoan Mir, Grand Vase, 1956, cramique8 493,500 (646,658 USD) 350,000 - 500,000 Collectionneur priv europenFrancis Picabia, Transparence (Portrait de Madame Picabia), 1928-29, gouache et crayon sur carton2 385,500 (505,140 USD) 100,000 - 150,000 Collectionneur priv amricainPablo Picasso, Vase-Visage, 1948, terre cuite blanche incise

Spcialistes de la vente:Thomas Bompard

Aurlie VandevoordeAstrid Baulme

Service de Presse :Sophie Dufresne

[email protected]


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Les prix comprennent la commission d'achat de l'acheteur. Les rsultats de vente reprsentent donc les prix d'adjudication majors de la commission d'achat.**Estimates do not include buyer's premium** Vente dirige par Cyrille Cohen. Agrment n2001-002 du 25 octobre 2001

sotheby's paris achieves highest contemporary art evening sale total of the paris summer sale season

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