El Greco Record And Unprecedented Global Bidding At Sotheby's Old Masters Evening Sale

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  • 7/28/2019 El Greco Record And Unprecedented Global Bidding At Sotheby's Old Masters Evening Sale

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    For Immediate ReleasePRESS RELEASE

    London | +44 (0)20 7293 6000 |Leyla Daybelge | [email protected]

    Mitzi Mina |[email protected] | Rosamund Chester |[email protected]

    A NEW ERA FOR OLD MASTERSNEW BIDDING LEVELS FROM NEW MARKETS

    PROPEL EVENING SALE OF OLD MASTER & BRITISH PAINTINGS

    TOTAL TO 35,048,000/ $53,125,758 / 41,272,663

    **Participation from an unprecedented 33 countries**

    **Record numbers of registrants from Asia & the Middle East**

    A RECORD FOR A SPANISH OLD MASTER:

    EL GRECOS SAINT DOMINIC IN PRAYER

    MAKES 9,154,500 / $13,876,391 / 10,780,375

    **Top Lot Across London This Week**

    New eyes on Old Masters: an unprecedented two El Grecos offered tonight at Sothebys

    The greatest Old Master paintings have a timeless quality that transcends their era and gives them a

    relevance to audiences today, as tonightsglobal bidding and record result for El Greco attest. The

    dialogue between Old and New is injecting fresh energy into our field. Were now firmly in a new era,

    where clients from new markets are collecting Old Masters in new ways. Our response has been to offerthe most exciting and diverse works we can find and to present them a more contemporary way.

    -Alex Bell, Worldwide Head of Sothebys Old Master Paintings

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    3rd July 2013 This evening, an unprecedented level of participation from new markets propelled Sothebys

    London Evening Sale of Old Master & British Paintings to 35,048,000. Collectors from 33 countries took

    part in the sale with record numbers from Asia and the Middle East. More than 400 years since El Greco

    executed Saint Dominic in Prayer in fifteenth century Toledo,bidders from new markets battled tenaciously

    for this this powerfully expressive work which was appearing at auction for the first time. They drove the

    price to 9,154,500 (est. 3-5million), a new record for a Spanish Old Master and the highest price acrossLondons Old Masters sales this week.

    In total, 8 auction records tumbled tonight, including that for Claude-Joseph Vernet, whose outstanding

    View of Avignon from the right bank of the Rhne outstripped pre-sale expectations to realise 5,346,500 (est.

    3-5million). A new auction record for a female Old Master artist was also established when Rachel

    Ruyschs Still Life of roses from 1710 achieved 1,650,000 (est. 1-1.5million).

    The sale featured two works by El Greco the first time in living memory that two masterworks bythe artist were offered in the same auction: Saint Dominic in Prayer, 9,154,500 (est: 3.5-5m) set a

    record for a painting by a Spanish artist, Christ on the Cross sold for 3,442,500 (est: 3-5m). Over 40% of lots sold achieved prices above presale estimates 8 new artist records established 7 lots over 1 million

    A GOOD NIGHT FOR

    DUTCH & FLEMISH GOLDEN AGE FLOWER PAINTINGS ESTATE COLLECTIONS

    RACHEL RUYSCH

    A NEW AUCTION RECORD FOR A FEMALE OLD MASTER ARTIST

    Still life of roses (1710) realised 1,650,500 (est. 1-1.5 million)A mother of 11 children

    Created artworks so exquisitely crafted she completed just two

    paintings a year

    JAN BRUEGHEL THE ELDER

    Still life with irises, tulips, roses (c.1607-8)

    ONE OF THE EARLIEST KNOWN STILL LIFES

    Achieved 722,500

    CHRISTOFFEL VAN DEN BERGHE

    Tulips, roses, narcissi(c.1616-17)

    Realised 626,500 (Est. 250,000-350,000)

    OVER THREE TIMES PRICE ACHIEVED AT AUCTION IN 2003

    PROPERTY FROM THE GUSTAV RAU COLLECTION

    SOLD TO BENEFIT THE GERMAN COMMITTEE FOR UNICEF

    ACHIEVES 12,483,500(combined pre-sale est. 6,600,000-10,150,000)

    El Greco, Saint Dominic in Prayer(c.1600)

    Achieves 9,154,500 (3-5 million)

    A NEW RECORD FOR THE ARTIST AT AUCTION

    Corneille de Lyon, Portrait of a Lady(c.1560)

    Realises 86,500

    Giandomenico Tiepolo

    The celebrated deeds of the Porto family of Vicenza (c.1760)

    Achieves 3,218,500

    A NEW RECORD FOR THE ARTIST AT AUCTION

    NEW AUCTION RECORDS:

    El Greco, Saint Domenic in prayer - 9,154,500 (est. 3-5 million)

    Claude-Joseph Vernet,A View of Avignon - 5,346,500 (est. 3-5 million)

    Giandomenico Tiepolo,The celebrated deeds of the Porto family of Vicenza - 3,218,500 (est. 3-5 million)Rachel Ruysch, Still Life - 1,650,500 (est. 1-1.5 million)

    Christoffel Van Den Berghe, Tulips, Roses, Narcissi - 626,500 (est. 250,000-350,000)

    Over three times the price achieved for the work in 2003 of $290,000 (176,840)Francesco Botticini, The Madonna and Child - 494,500 (est. 150,000-200,000)Bartholomeus Grondonck, Kermesse of Oudenarde, - 266,500 (est. 120,000-180,000)

    Paulin-Jean-Baptiste Gurin,Self-Portrait - 134,500 (est. 100,000-150,000)

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    FOR MORE NEWS FROM SOTHEBYS

    Visit: www.sothebys.com/en/inside/services/press/news/news.html

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    Sothebys has been uniting collectors with world-class works of art since1744. Sothebys became the first international 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, includingNew York, London, Hong KongandParis, and SothebysBidNowprogram allows

    visitors to view all auctions live online and place bids from anywhere in the world. Sothebys offers collectors the resources ofSothebys Financial Services, the

    worlds only full-service art financing company, as well asprivate saleopportunities in more than 70 categories, includingS|2, the gallery arm of Sotheby's

    Contemporary Art department, and two retail businesses, Sothebys DiamondsandSothebys Wine.Sothebys has aglobal networkof 90 offices in 40

    countries and is the oldest company listed on the New York Stock Exchange (BID).

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

    Images are available upon request

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    +44 (0)20 7293 5000 F +44 (0)20 7293 5989WWW.SOTHEBYS.COM

    Sale Results London, Bond St

    Sale L13303 Treasures, Princely TasteSale L13303 Treasures, Princely TasteSale L13303 Treasures, Princely TasteSale L13303 Treasures, Princely Taste 03 JUL03 JUL03 JUL03 JUL13131313

    Grand TotalGrand TotalGrand TotalGrand Total(Including(Including(Including(IncludingBuyer'sBuyer'sBuyer'sBuyer'sPremium):Premium):Premium):Premium):

    9,218,850 ($13,973,933) Exch Rate:Exch Rate:Exch Rate:Exch Rate: 1.52

    Sold by Lot:Sold by Lot:Sold by Lot:Sold by Lot: 69.4% Lots Offered:Lots Offered:Lots Offered:Lots Offered: 49Sold by Value:Sold by Value:Sold by Value:Sold by Value: 78.7% Lots Sold/Unsold:Lots Sold/Unsold:Lots Sold/Unsold:Lots Sold/Unsold: 34 / 15

    LotLotLotLot Price (GBP)Price (GBP)Price (GBP)Price (GBP) Estimate (GBP)Estimate (GBP)Estimate (GBP)Estimate (GBP) BuyerBuyerBuyerBuyer10 962,500 ($1,458,958) 800,000 - 1,200,000 Anonymous

    A Magnificent late Renaissance antique marble inlaid table top, Roman last quarter 16th century35 698,500 ($1,058,786) 200,000 - 400,000 European PrivateA pair of Royal carved giltwood and gesso Voyeuses, Louis XVI, circa 1789

    30 662,500 ($1,004,218) 600,000 - 1,000,000 Private CollectorA Pair of Gilt-Bronze-Mounted turned and engraved ivory covered vases, circa 1785

    1 518,500 ($785,942) 60,000 - 90,000 European PrivateA silver-gilt cup and cover, maker's mark AE conjoined, probably Copenhagen, circa 1574

    21 434,500 ($658,615) 100,000 - 200,000 European PrivateAn Italian polychrome and blue lacquered, parcel-gilt and 'a merletto' decorated carved bureau, Venetian,18th century19 434,500 ($658,615) 200,000 - 300,000 AnonymousA gilt-bronze and Imari porcelain-mounted mantel clock, Louis XIV, early 18th century

    28 386,500 ($585,857) 300,000 - 500,000 Private CollectorA George III fruitwood, tulipwood, marquetry and giltwood pier table circa 1772, by Thomas Chippendale

    49 362,500 ($549,478) 300,000 - 400,000 Private CollectorGeorge Daniels: An 18k yellow gold pocket chronometer with Daniels slim Co-Axial escapement andthermometer, 198612 362,500 ($549,478) 300,000 - 500,000 AnonymousJoseph Knibb. A small silver-mounted ebony roman striking table clock, London, circa 1680

    47 350,500 ($531,288) 200,000 - 300,000 Private CollectorAn Imperial Porcelain Vase, Period of Nicholas I, dated 1839

    22 350,500 ($531,288) 250,000 - 500,000 European PrivateA pair of Russian glass and hardstone panels, 1765-1770

    Mario Tavella,Mario Tavella,Mario Tavella,Mario Tavella, Deputy Chairman, SothebyDeputy Chairman, SothebyDeputy Chairman, SothebyDeputy Chairman, Sothebys Europe, Chairman,s Europe, Chairman,s Europe, Chairman,s Europe, Chairman, Furniture and Decorative Arts saidFurniture and Decorative Arts saidFurniture and Decorative Arts saidFurniture and Decorative Arts said:Just five years ago we would never haJust five years ago we would never haJust five years ago we would never haJust five years ago we would never have seen decorative arts commanding such strong prices as todaysve seen decorative arts commanding such strong prices as todaysve seen decorative arts commanding such strong prices as todaysve seen decorative arts commanding such strong prices as todayssale. The demand for rare treasures across all categoriessale. The demand for rare treasures across all categoriessale. The demand for rare treasures across all categoriessale. The demand for rare treasures across all categories from clocks to furniture and Works of Artfrom clocks to furniture and Works of Artfrom clocks to furniture and Works of Artfrom clocks to furniture and Works of Art isisisishigher than ever.higher than ever.higher than ever.higher than ever. PricesPricesPricesPrices across the saleacross the saleacross the saleacross the sale werewerewerewere driven by participadriven by participadriven by participadriven by participation from clients both in new markets andtion from clients both in new markets andtion from clients both in new markets andtion from clients both in new markets andin particular from Europe, in the room, on the phone and notably online. We saw new clients attracted toin particular from Europe, in the room, on the phone and notably online. We saw new clients attracted toin particular from Europe, in the room, on the phone and notably online. We saw new clients attracted toin particular from Europe, in the room, on the phone and notably online. We saw new clients attracted tothe saleroom by the selection of masterpieces possessing both prestigious and royal provenance andthe saleroom by the selection of masterpieces possessing both prestigious and royal provenance andthe saleroom by the selection of masterpieces possessing both prestigious and royal provenance andthe saleroom by the selection of masterpieces possessing both prestigious and royal provenance andcraftsmanscraftsmanscraftsmanscraftsmanship of the highest order, and we are delighted with this evenings results.hip of the highest order, and we are delighted with this evenings results.hip of the highest order, and we are delighted with this evenings results.hip of the highest order, and we are delighted with this evenings results.

    Specialist in Charge: Mario Tavella Press Office Contact: Sarah Rustin, Marie-Beatrice MorinPlease note all prices include buyer's premium. Sale session totals are net aggregate figures plus

    premiums. **Estimates do not include buyer's premium**SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867

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