Monday, October 13, 2008

Sotheby’s Mid-Season Impressionist & Modern Art Sale Scores $6.4 Million


When I first saw the painting above, I could not stop looking at it. I was just sitting there, trying to figure out what exactly it was. I came up with numerous objects. For instance, I saw a fish, a bird, an apple, and a bull. Now im not really sure that is what the painting was intended for, but it really blew my mind and I love it. Someone must have really loved it too since it went for so much money!! We saw bidding from all parts of the world, including the United States, Western and Eastern Europe, with results exceeding the high estimate for the sale. Grand total $6,435,939 (£3,673,272) on October 7th.

Extremely strong bidding was seen for the cover lot, Sinfonie 23 (lot 76), by Rudolf Bauer, which achieved $254,400. Bauer is a figure who has often been marginalized in the history books; however he was painting at a crucial time in the development of abstract art in the 1910s and 1920s and had a strong relationship with his Friend and mentor Wassily Kandinsky. This early work, from 1916-1919, was exhibited in Der Sturm andDas Geistreich, two important galleries in Berlin. Sinfonie 23 was unquestionably the finest work by Bauer to come to the auction market in many years, which is reflected in the world auction record achieved for the artist that more than doubled the previous record. Almost 15% of the value of the sale was achieved by 20 lots sold on behalf of the Patti Birch Trust, dominated by works by Zoran Music. These included portraits landscapes and works from the important series Nous Ne Sommes pas les Derniers, of which lot 177 brought $314,500.

Original Article

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