Rembrandt, Miro, Banksy fetch millions at Sotheby's virtual art auction
A self-portrait by Rembrandt sold for 14.v meg pounds (S$25.eight one thousand thousand) at a Sotheby's virtual auction Tuesday (Jul 28) – a record price for a self-portrait by the Dutch chief, the auctioneer's said.
Sotheby'south said that the elevation finish of the art market was "in rude health" and that its new live-streamed auction format, introduced because of the coronavirus pandemic, brought in a full of The states$192.7 million Tuesday.
"Cocky portrait wearing a ruff and black hat," from 1632 when Rembrandt was aged 26, was sought by vi bidders. It roughshod within the 12 to 16 meg pounds estimate. The final self-portrait by Rembrandt to appear at auction was sold for 6.9 meg pounds in 2003, Sotheby'due south added.
The painting sold Tuesday was 1 of only three self-portraits by the painter to remain in private easily, and "the only ane e'er probable to come up to auction." It measures about 22 past 16 centimetres.
The auction was part of a live-streamed global auction featuring dozens of pieces of artwork spanning five centuries of fine art history, from Rembrandt to Picasso, and from Joan Miró to Banksy. The event saw staff from the auction house's New York, London and Hong Kong offices furiously gesticulating and whispering into phones as bidders vied to outdo each other.
The meridian-selling detail was Miró'due south "Peinture (Femme au chapeau rouge)" (Woman in a Reddish Hat) from 1927, which fetched 22.iii million pounds. Sotheby'southward said the painting, which came to auction for the first fourth dimension since 1966, set the highest sale price in Europe so far this year.
The sale also includes a triptych past elusive street creative person Banksy called "Mediterranean Sea View," painted in 2017. Presented in elaborate traditional frames, information technology features seascapes dotted with orangish life jackets and alludes to the lives lost at sea during the European immigration crisis. The paintings fetched two.2 million pounds – almost double the elevation estimated price – and the proceeds are meant to raise funds for a hospital in Bethlehem.
Helena Newman, chair of Sotheby's Europe, said the wide range of art on sale caters to "a new generation of collectors (who) show less business with the traditional art market categories of the past."
"With the global art world calendar having shifted, we too accept seized the opportunity to do things differently," she said.
Sotheby'south London said some two-thirds of the works on sale have never been at auction before. Of the residue, almost had been off the market for ii decades.
Five works sold for over US$10 million. That included a statuary sculpture of a female figure by Alberto Giacometti, which fetched ten.7 million pounds, doubling the estimated cost.
(Source: CNA/AP)
Source: https://cnalifestyle.channelnewsasia.com/entertainment/rembrandt-miro-banksy-fetch-millions-at-sotheby-virtual-auction-242766
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