Jacques Grange Collection soars to $33.3 million: A record for a single-owner sale at Sotheby's Paris
The First Art Newspaper on the Net    Established in 1996 Sunday, October 6, 2024


Jacques Grange Collection soars to $33.3 million: A record for a single-owner sale at Sotheby's Paris
A record was achieved for Alexandre Noll, whose highly expressive mahogany Fauteuil from 1847 made €909,000 / $1,067,066 (€400,000-600,000). Courtesy Sotheby’s.



PARIS.- The two-day auction of the personal collection of renowned French interior designer Jacques Grange drew to a close with a total of €28,387,150 / $33,323,392 – witnessing remarkable results across every category, from modern and contemporary art to 20th century design and furniture. Renowned worldwide for his sophisticated taste, the sensational response to the exhibition and auction is testament to Grange’s impressive eye for collecting.

With a wonderful range of exquisite artworks and objects subject to prolonged bidding battles in the sale room, the auction far exceeded the pre-sale estimate of €8.7-12.6 million after just 39 lots had gone under the hammer. 96% of the 177 lots offered found a buyer with 86% of these surpassing their pre-sale high estimates.

Following the auction, Jacques Grange commented, ‘To me, this collection has always been a story of friendships – from my close friendships with my clients, artists, designers to the seamless partnership evident as each decision was made hand in hand with Sotheby’s. I am sincerely touched at the thought that all of these people wanted to own the works that I have held dear for so long.’

Cécile Verdier, Co-Worldwide Head of Design at Sotheby’s, said, ‘We are truly honoured to have had the opportunity to unveil the unparalleled collection of Jacques Grange, with whom it has been a delight to work together with every step of the way. Across the exhibition and sales, we saw the market respond with an enthusiasm that matched the passion with which these works were collected – attesting to the high quality and superb provenance of the works, but also Grange’s unique eye as a true collector.’

DESIGN
Encapsulating Grange’s unrivalled gift for living with art, collectors clamoured to the refined and eclectic design pieces in the sale.

Bidders battled for iconic creations by François-Xavier and Claude Lalanne, beloved French sculptors who looked to nature and the animal world for inspiration and aesthetic pleasure. The selection of fifteen pieces was led by the extraordinarily poetic and graceful Les Autruches Bar by François-Xavier, which was hotly contested and soared to €6,191,150 / $7,267,729 (est. €700,000-1,000,000). One of only six examples – three of which are held by institutions – the notable price for the piece was just shy of an overall record for the artist in dollars*. In a personal note about this work to Grange, Claude had expressed ‘you fell in love with François-Xavier’s finest sculptures… I am glad they lived with you all these years and wish them happiness in their new life elsewhere’. A further highlight was Deux Moutons de laine created by François-Xavier in 1969. Formerly in the collection of Yves Saint-Laurent and Pierre Bergé who had acquired the works directly from the artist, the pair sold for €1,569,000 / $1,841,833 (est. €500,000-700,000).

Alberto Giacometti’s arresting bronze sculpture Masque aux serpents, le modèle créé en 1934 was pursued by no fewer than seven bidders, selling for €513,000 / $602,206 – five times above its pre-sale estimate of €80,000-120,000.

A record was achieved for Alexandre Noll, whose highly expressive mahogany Fauteuil from 1847 made €909,000 / $1,067,066 (€400,000-600,000). Every one of the fourteen lots offered by the sculptor across the two sales far exceeded their pre-sale high estimates – with a combined total of €1,769,000 (est. €531,100-788,000).

CONTEMPORARY ART
The collection featured works by leading lights from the contemporary art world, which were sought after by a broad span of international bidders to reach major prices.

Impressive in size, explosive in composition, psychedelic in palette, Beautiful, pale blue with 2 circles in the middle like glasses, it’s a lovely one is one of the most magnetic spin-paintings ever made by Damien Hirst. The aptly-titled piece captivated the saleroom, bringing €945,000 / $1,109,326 (est. €350,000-500,000) – the highest price seen for a spin-painting in ten years.

Eight bidders drove Tom Wesselmann’s red hot Mouth Study for Minneapolis catalogue cover, 1968 to €429,000 / $507,027, four times the pre-sale estimate of €90,000-120,000. Formerly in the collection of avid and esteemed art collector Stanley Seeger, the dramatic painting of a Hollywood smile was conceived on an intimate scale – measuring just 25 x 20 cm.

The evening sale drew to a close with Cercle / Cadre by Daniel Buren, an eye-catching and vibrant panel that sold for €489,000 / $574,032 – the third highest price for French conceptual artist at auction.

MODERN MASTERWORKS
Imbued with cultural references and moments of discovery, the sale also offered an impressive selection of modern artworks.

René Magritte’s L’Echelle du feu opened the sale with a flurry of bidding driving the price to a double-estimate €573,000 / $672,639 (est. €200,000-300,000). Painted in 1934, the very year Magritte’s interest in burning objects was sparked, the jewel-like work on paper was formerly in the collection of Surrealist poet Paul Eulard.

A ceramic Disque created by Joan Miró in 1956 – an imaginative celebration of primary tones on a primordial form – sold for over four times its pre-sale estimate at €549,000 / $648,852 (est. €100,000-150,000).

The sale saw a record price for Paul Elie Ranson when Les Princesses à la terrasse from 1894 – influenced by Symbolism, Art Nouveau & Japanese prints – brought €417,000 / $492,844 (est. €200,000-300,000).

FURTHER NOTABLE PRICES
• A record for Italian artist Vittorio Zecchin, after an extended bidding battle drove his luminous tempera and gold on canvas Madonna e Quattro Evangelisti to €681,000 / $799,419 – almost 14 times the pre-sale estimate of €40,000-60,000. Zecchin’s Art Nouveau style was inspired by the history of Venice, from the arrangement of human figures in procession in churches and elaborate abstract patterns of the architecture to the geometrical elements of Murano glass.

• A record by medium for a painting by Guy de Rougemont, whose untitled canvas from 1967 sold for €32,500 (est. €8,000-12,000).

• Irving Penn’s striking black and white photographic portrait of Picasso in 1957 tripled expectations to make €200,000 (est. €50,000-70,000).










Today's News

November 23, 2017

Tate Modern opens the most comprehensive Modigliani exhibition ever held in the UK

Gold leaf from Napoleon's crown fetches 625,000 euros

First exhibition in the UK devoted to Finnish artist Akseli Gallen-Kallela on view at the National Gallery

Jacques Grange Collection soars to $33.3 million: A record for a single-owner sale at Sotheby's Paris

Thames & Hudson publishes a revised edition of Julian Bell's 'What is Painting?'

Discovery of global importance in Geneva: A celestial sphere that shines new light on the history of science in Asia

David Cassidy, 1970s heartthrob, dies at 67: publicist

Anton Kern Gallery opens exhibition of works by German artist Lothar Hempel

Never-before-seen photos of Babe Ruth and Jim Thorpe will be sold at auction

McDonald's to demolish 'Store No. 1' historic replica

Mod New York: Fashion takes a trip at the Museum of the City of New York

Heritage Auctions hammers down $13.6 million over dual sports auction events

Original Disney watercolor paintings from Pinocchio among more than 100 animation lots currently up for auction

Olga Chernysheva opens exhibition at Vienna's Secession

Michel Rein now represents A.K. Burns

Spalowsky's birds fly high in rare books auction at Ketterer Kunst in Hamburg

Major work by Barry McGee triples expectations selling for $193,000 at Clars' November 2017 Sale

Lefebvre & Fils opens exhibition of works by Jay Kvapil

Exhibition features works by Wadsworth and Jae Jarrell, founding members of the collective AfriCOBRA

Zimbabwean artist Terrence Musekiwa's first American solo show on view at Catinca Tabacaru

Family of tragic artist Claudel sell last of her work

Russian baritone Dmitri Hvorostovsky dies aged 55

Photographs from film industry executive Bruce Berman's collection to sell at Bonhams

Extremely rare marine atlas that broke Britain's symbolic grip on America expected to fetch up to $120,000

Perrotin opens the first ever solo exhibition of works by MADSAKI




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful