Christie’s & Sotheby’s (and to a somewhat lesser degree, Phillips) auction houses are offering some 2,300 lots during two weeks of sales of Impressionist, modern, postwar and contemporary art. The total is expected to top the $1.8 billion total from last November’s auction but might not hit the $2.2 billion record set in May 2014.
A bronze “chariot” sculpture byAlberto Giacometti from ’51-’52 has been in the same private collection for more than forty years is valued at more than $100 million at Sotheby’s. It’s not a stretch since a Giacometti’s went for $103.4 million in 2010.
Sotheby’s has Van Gogh’s 1890 “Still Life, Vase With Daisies and Poppies” valued at $30-$50 millionwhich has been on view for the past 30 years at the Albright-Knox Art Gallery in Buffalo, New York. Edouard Manet’s “Le Printemps,” at Christie’s, estimated at $25-35 million, has also been in the same collection for more than 25 years and on on loan to the National Gallery of Art in Washington.
Wade Guyton is a fairly new entry into the “evening auction pantheon”. His untitled inkjet painting from just 8 years ago is estimated at $4-6 million. His work came to auction first six years ago, when an untitled inkjet painting sold for $72,500 at Christie’s.
On November 10, Sotheby’s hosts a single sale of oil heiress and philanthropist Bunny Mellon’s art collection, and two paintings by Mark Rothko are estimated to sell for as much as $20-30 million, respectively.
Christie’s November 12 evening auction, among MANY offerings, has two major paintings by Warhol – a 1963 triple screen print of Elvis Presley and a 1966 black and white screen print of Brando on a motorcycle, “Four Marlons.”. Each is more than 6-feet tall and estimated at$60+ million. Francis Bacon’s huge 1960 canvas, part of his series of Papal portraits, is estimated to sell for$40-60 million. Get out your VISA Black Cards, kids.