Rockefeller Collection sold for record-smashing $832 million

The First Art Newspaper on the Net    Established in 1996 Tuesday, May 21, 2024


Rockefeller Collection sold for record-smashing $832 million
Claude Monet (1840-1926), Nymphéas en fleur. Esstimate: 50,000,000. Price Realised: $84,687,500 / £62,407,885 / € 70,957,765 © Christie’s Images Limited 2018.



NEW YORK (AFP).- In what was billed as the "sale of the century," the art collection of Peggy and David Rockefeller, comprising 1,500 pieces, sold at auction for a record-breaking $832.5 million, Christie's said Friday.

The figure eclipsed the previous record held by the collection of Yves Saint Laurent and Pierre Berge which sold for $484 million in 2009.

Coming after the extraordinary $450 million sale last November of Leonardo da Vinci's "Salvator Mundi," also at Christie's, there had been some speculation that the billion dollar threshold could be crossed by this sale.

Organized over 10 days, including online sales, it nonetheless broke numerous records, testament to the rude health of the global art market.

The collection's crown jewel was auctioned Tuesday for $115 million, the sixth most expensive ever sold: Pablo Picasso's "La fillette a la corbeille fleurie," a part of the Rockefeller Collection since 1968.

Claude Monet's "Nympheas en fleurs" fetched $84.6 million, a new record for the French impressionist master, surpassing a previous high of $81.4 million.

The auction also saw a record breaking sale for Henri Matisse's "Odalisque couchée aux magnolias," which went for $80.7 million.

Latin American art meanwhile also hit a new peak with the sale of Diego Rivera's "Los Rivales" for $9.7 million, a new record for art from the region.

David Rockefeller, the grandson of the legendary magnate John Rockefeller, died last year aged 101, more than 20 years after the death of his wife Peggy.

He had embraced his family's tradition of philanthropy and inherited his taste in art from his mother, who co-founded New York's Museum of Modern Art.

The proceeds will go to a series of nonprofit organizations, including David Rockefeller's alma mater Harvard University, as well as Maine National Park, which was beloved by the family and to which he donated a thousand acres for his 100th birthday.

© Agence France-Presse










Today's News

May 13, 2018

V&A explores the power of design in shaping the world of tomorrow

V&A to open new Photography Centre this October with commission by Thomas Ruff

Picasso's $115-million 'Young Girl' to be loaned to Paris museum

Rockefeller Collection sold for record-smashing $832 million

Major exhibition offers a new perspective and inspiring a rereading of art history

Exhibition at the Frye Art Museum traces the development of French landscape painting

Exhibition includes the public debut of historical portraits and recent large-scale contemporary artworks

The Morgan opens an exhibition solely focused on Thomas Gainsborough's works on paper

Serralves Museum of Contemporary Art opens a major exhibition devoted to the Sonnabend Collection

Adelaide Contemporary design proposals unveiled

Jordan Wolfson's most recent video work Riverboat song on view at David Zwirner

Heather Gaudio Fine Art opens first solo exhibition with Melissa Meyer

National Gallery Singapore announces significant donation of Ng Eng Teng's Mother and Child sculpture

Tiancheng International announces highlights from the Jewellery and Jadeite Spring Auction 2018

Swiss artist Claudia Comte creates new site-specific installation for the Contemporary Art Museum St. Louis

The Hall Art Foundation opens a group exhibition curated by American artist Eric Fischl

The Autry Museum opens the first major retrospective of Native contemporary artist Rick Bartow

Grosvenor Gallery exhibits new work by Pakistani artist Ghulam Mohammad

Parrasch Heijnen Gallery opens exhibition of works by Anne Truitt and Daniel Turner

Zevitas Marcus opens a 40-year survey exhibition of photographic montages by John O'Reilly

Denver Art Museum debuts first major exhibition featuring artist Jeffrey Gibson

Scottish National Portrait Gallery opens career-spanning exhibition of works by Victoria Crowe

Kristof De Clercq gallery opens a solo exhibition by Jürgen Partenheimer

John Brennan collection of Rock n Roll memorabilia offered at RR Auction




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

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