New heights for modern Czech art at landmark London sale
The auction of works from the Hascoe collection, which was previewed here last week , had doubled its £5 million pre-sale estimate mid way through the sale after landmark record prices were set for Frantisek Kupka (£1.5 million), Josef Capek (£565,250), Frantisek Foltyn (£433,250), and Bohumil Kubista (£397,250).
The Russian art sales in London last week registered a disappointing £47.2 million when at least £55 million had been expected. Of all the sales by Sotheby’s, Christie’s, MacDougall’s and Bonhams, only Christie’s managed to hit its pre-sale estimate by keeping lot numbers down and focussing on the more conservative end of the market.
It also had the highest selling lot of the week, a salon style painting of fashionable figures outside a Parisian café painted in 1875 by Ilya Repin, which sold for £4.5 million — a record for the artist and for any work sold in a Russian art sale. A sketch book for the painting sold for £253,250 to London dealer, Jean-Luc Baroni who is currently exhibiting Russian art in his gallery with the specialist Rusian art dealer, Ivan Samarine.
Among the buyers was Russian billionaire, Alexander Ivanov, the owner of the Faberge museum in Baden-Baden, who spent over £2 million on a variety of works including a £181,000 gold plated Imperial service plate, and a large number of orthodox icons which he will give to Russian churches.
Contemporary Russian art was less in evidence than in previous years, perhaps because that market has not yet recovered confidence.
Sales of modern and contemporary Indian art in London over the last few weeks presented a picture of a market in flux. Sotheby’s saw nearly half its lots fail to sell as it realised £1.6 million, when over £3 million had been predicted.
Bonhams’ lower value sale did better, selling nearly 80 per cent of lots for £1.1 million, while Christie’s bigger sale last week just managed to fulfil expectations with a £4.3 million sale which included a record £2 million for Tyeb Mehta’s 1984 painting, 'Figure on Rickshaw’. The death of India’s venerated artist, M.F Husain, on the day of the sale put a dampener on proceedings, said dealers at the event.
The Landmark London - News
Firefighters are tackling a fire at a landmark building on one of London's most historic streets. Marconi House, at the junction of the Strand and Aldwych in London's West End, caught fire sending a thick cloud of smoke over parts of the capital.
The auction of works from the Hascoe collection, which was previewed here last week, had doubled its £5 million pre-sale estimate mid way through the sale after landmark record prices were set for Frantisek Kupka (£1.5 million), Josef Capek (£565250),
It is also the first time in 15 years that the landmark is free from scaffolding. A service will be held to celebrate the 300th anniversary on Tuesday 21 June. The project has seen the west front cleaned and repaired while the interior of the cathedral
For the German writer Walter Benjamin, “the way into this labyrinth” of his own past, he wrote, “led over the Bendler Bridge,” whose “gentle arch became my first hillside,” as he described that fairly unremarkable Berlin landmark in a late memoir of
LONDON () - The BBC has put its landmark Television Center broadcasting hub up for sale under plans to cut its property holdings by 30 percent. The disposal of the 51 year-old building in London's White City district could raise
Blaze at landmark London flats causes commuter chaos » Housing ...
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