World auction record for monumental Cragg sculpture at Bonhams Post-War & Contemporary Sale

The First Art Newspaper on the Net    Established in 1996 Friday, July 5, 2024


World auction record for monumental Cragg sculpture at Bonhams Post-War & Contemporary Sale
Constant Change by Tony Cragg. Sold for a new world record price at auction of £849,063. Photo: Bonhams.



LONDON.- Constant Change, a monumental sculpture by Tony Cragg, topped Bonhams Post-War & Contemporary Sale in London today (3 October), selling for £849,063. It set a new world record for the artist at auction. The work had been estimated at £450,000-650,000. The sale as a whole totalled £5,351,214.

Cragg (b. 1949) created Constant Change in 2005. Standing over 4.5 metres tall, the sculpture is the largest work by the artist ever to appear at auction with the two, highly polished, stainless steel columns towering over viewers.

Bonhams Global Head of Post-War & Contemporary Art, Ralph Taylor, commented, “Tony Cragg is one of the most important sculptors of our time, and Constant Change was an incredibly exciting work to bring to auction. We were very confident that this sculpture would appeal to collectors, and the fierce competition to secure the work – leading to a new world record – bore this out.”

Zao Wou-Ki
A lyrical and elegant red painting by the Chinese-French painter Zao Wou-Ki sold for £591,063. Never before offered at auction, 23-9-70 had been estimated at £400,000-600,000.

Born in Beijing, Zao spent much of his career in Paris and was one of the first post-war artists to achieve global success, with his striking synthesis of Eastern calligraphy and Western abstraction. None of his works are titled, bearing only the dates on which they were completed.

Bonhams International Director of Post-War & Contemporary Art, Giacomo Balsamo said, “23-9-70 was painted during Zao Wou-Ki’s Hurricane Period which lasted from 1959-1972. It is a bravura demonstration of the impeccable variety of techniques and unparalleled skill with which he constructed his works. Fresh to the market, and rare among Zao’s works in its palette, 23-90-70 fully justified the strong bidding and the high price.”

Other highlights of the sale included:

Untitled Variant/Abode (Grey, Black, Red) by Josef Albers (1888-1976) from 1947 which sold for £237,563 – a new world record at auction for a work on paper by the artist. It had been estimated at £120,000-180,000.

Hollywood Pool and Palm Tree (1965) by David Hockney. Estimated at £250,000-350,000, it sold for £350,063. A testament to the exuberant palette and cool nonchalance of Los Angeles in the mid-1960s, Hollywood Pool and Palm Tree (1965) encapsulates the energy and vision with which David Hockney approached contemporary painting in a setting that saw the artist produce his most significant and iconic works.

Two works from an important private Italian collection, Lucio Fontana 1960 Concetto spaziale sold for £356,313 (estimate: £250,000-350,000) with Oggi il trentesimo del quarto mese uno nove otto nove from 1989 by Aligheiro Boetti selling for £293,813 (estimate £200,000-300,000).

Works sold to benefit the National Saturday Club
The National Saturday Club aims to help 13-16 year olds with an interest in Art and Design to strengthen their skills and knowledge in their chosen subject. It partners with universities, colleges and cultural institutions across the UK which run free Saturday Clubs during the academic year, providing specialist facilities and tutoring.

A selection of works donated by leading artists raised £234,224 to help enable the National Saturday Club to grow its network over the coming years and provide an opportunity for every 13-16 years old in the country, regardless of background, to take part in the programme.

Among the highlights were:

• MEME CCCLXXXVIII, a cast iron sculpture by Antony Gormley: £109,307

• Two sketches for ‘From the studio’ by Frank Auerbach: £31,022

• Counterpart II by Tom Price: £23,282

• Untitled (Fragment 5), screenprint on Plexiglas by Bridget Riley: £29,732

• Haggadah (P2) chromogenic print laid on aluminium by Gerhard Richter: £28,442










Today's News

October 4, 2019

£9.9 million chimp parliament painting smashes Banksy record

If you have $30 million, you could have a Botticelli

UK particle accelerator to reveal secrets of 2,000-year-old papyrus

Rediscovered masterpiece by Andrea Mantegna to highlight Sotheby's Masters Week in NYC

Masters of paint, time and intimacy

J. Paul Getty Museum acquires two Italian masterpieces

Huguette Caland, artist who celebrated freedom in art and life, dies at 88

Freeman's to offer the collection of Philadelphia Pop Art collector Robert J. Morrison

Hindman to offer significant works by A.R. Mitchell in Arts of the American West Auction

Musée national Picasso-Paris exhibits Picasso's "magic paintings"

For Frieze, there's no place like London

Sterling shines alongside classic and contemporary design in Rago's October Remix Auctions

Wealth keeps museums alive, and galvanizes activists too

Exhibition at La Mama Galleria explores the pain shared by women who have endured domestic violence

The Morgan Library & Museum announces plans for a new garden

Phillips announces highlights from the October Editions Auction in New York

Museum of London acquires extremely rare plate that belonged to Samuel Pepys

Doyle Auctioneers & Appraisers announces expansion in Florida

Deborah Marrow, who led the Getty Foundation for 30 years, passes away

Kapwani Kiwanga has more questions

World auction record for monumental Cragg sculpture at Bonhams Post-War & Contemporary Sale

Frieze Focus Stand Prize awarded to Proyectos Ultravioleta

Exhibition presents a series of paper sculptures and watercolours by British architect Nigel Coates

White Cube opens an exhibition of work by Dóra Maurer




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