National Gallery of Victoria acquires work by Kaye Sage in record sales at Sotheby's Paris
The First Art Newspaper on the Net    Established in 1996 Thursday, December 26, 2024


National Gallery of Victoria acquires work by Kaye Sage in record sales at Sotheby's Paris
Kay Sage’s Other answers made 3x its estimate, realising $1m / $1.1m (est. €300,000-500,000). Courtesy Sotheby's.



PARIS.- The energy and excitement around the opening of Sotheby’s new flagship building in Paris lit up the saleroom today, as buyers from around the world participated in the first ever sales held in the building - ‘Modernités’ and Surrealism, presented in partnership with French couture house, CELINE. Together, they drove prices well beyond estimate and set significant new benchmarks for the Parisian art market.

Together, the two sales held at 83 Rue du Faubourg Saint-Honoré today realised nearly €60m / $65m, exceeding the combined pre-sale high estimate. A major sale in a landmark year in the history of Surrealism, Sotheby’s ‘Surrealism and its Legacy’ sale was 100% sold. In that sale alone, works by Salvador Dalí, Kay Sage, Jane Graverol and František Muzika achieved the highest prices ever realised at auction in Paris for those artists.

Overarching Facts & Figures

• Combined sale total: €59.2m / $64.3m (est. €39 - 56m / $42.4 - 60.8m)

• 19 works sold for over €1m, with two lots achieving in excess of €5m

• Surrealist women artists capture the attention of collectors with many works selling for multiples of their estimates

• 6 artists set new records for their works sold at auction in Paris (see below)

• 10,000+ visitors attended preview exhibition

Surrealism and its Legacy

•Sale total: €23.1m / $25.1m (est. €14.3 - 20.8m / $15.5 - 22.5m)

• 100% sold, white glove sale

• 65% of lots sold achieved prices above their high estimate

Key Results:

• Salvador Dalí's Meditative Rose achieved €3.9m / $4.2m, almost 4x its high estimate (est. €700,000-1m)

• René Magritte's La Leçon de choses, once owned by Elton John, sold for €3.8m / $4.2m (est. €3.5-4.5m)

Strong results for women artists:

• Kay Sage’s Other answers made 3x its estimate, realising $1m / $1.1m (est. €300,000-500,000).

• Jane Graverol’s La Frôleuse, sold for €576,000 / $625,651 (est. £200,000-300,000)

• Dorothea Tanning’s My beautiful haunted house sold for €132,000 / $143,378, 3x its estimate (€40,000-60,000)

• Leonor Fini’s La Prima ballerina assoluta / La leçon de regard (Les leçons), sold for €360,000 / $391,032 (est. €150,000-200,000)

• Joan Miró’s Femmes doubled its estimate to achieve €2m / $2.2m (est €700,000-900,000)

• Man Ray’s Personnage (Femme assise) eclipsed its top estimate, selling for for €1.7m / $1.9m (est. €1-1.5m)

• František Muzika’s Larva VIII sold for 4x its top estimate, realising €240,000 / $260,688 (est. £40,000-60,000) - the highest price ever achieved for the artist at auction in France

Modernités

• Sale total: €36.1m / $39.2m (est. €24.8 - 35.2 / $26.9 - 38.3m)

• 90% sold by lot

Key Results:

• Jean Dubuffet’s Le Visiteur au Chapeau Bleu surpassed its high estimate to sell for €6.9m / $7.5m - the highest price ever achieved at auction in Paris for a work by the artist and the most valuable work sold at Sotheby’s Paris today

• A second work by Dubuffet, Francis Ponge Jubilation, achieved €6m / $6.5m (est. €5-7m)

• A newly-restituted painting by Pierre-Auguste Renoir, Cariatides (from 1909), held in French national collections for decades and recently returned to the descendants of Grégoire Schusterman, soared beyond its €1-1.5m estimate to realise €1.92m / $2m - the second highest price ever achieved at auction in Paris for a work by the artist

• A rare ceramic sculpture by Lucio Fontana, Maschera, sold for three times its high estimate to bring €2.2m / $2.3m (est.€500,000-700,000) - the second highest price ever achieved for a ceramic by the artist, and the highest price achieved for a Fontana ceramic sold at auction in Paris

• A second ceramic sculpture by Fontana, carrying the same name and estimate, realised €1.9m

• Alighiero Boetti’s embroidered Mappa surpassed its high estimate to bring €1.9m / $2.1m (est. €1.4-1.8m)










Today's News

October 28, 2024

The art of paying it forward

Bowman Sculpture Gallery spotlights next generation of sculptors with graduate exhibition

Eskenazi celebrates early blue and white Chinese porcelain from the 14th and 15th centuries

The band played on as Morphy's Coin-Op & Antique Advertising Auction reaped a $4.2M payday

Exhibition at Centre Pompidou retraces Surrealism's effervescent years, from 1924 to 1969

Oregon Jewish Museum and Center for Holocaust Education opens two new exhibitions

Giuseppe Penone exhibition opens at Fondazione Ferrero in Alba

James Cohan opens a special exhibition of early work by Elias Sime

Derek Eller Gallery opens a solo exhibition of new sculptures and paintings by Jiha Moon

National Gallery of Victoria acquires work by Kaye Sage in record sales at Sotheby's Paris

Exhibition features six Swiss and Japanese photographers who examine our relationship with nature

Ludwig Forum Aachen opens 'Rune Mields: Der unendliche Raum-dehnt sich aus'

National Gallery announces a major new show for autumn 2025

Sotheby's Paris October Fine Watches Sale is white glove with 100% of lots sold

100+ masterpieces of French Impressionism return to Melbourne direct from Boston's Museum of Fine Arts

Cranbrook Art Museum opens 'Toshiko Takaezu: Worlds Within'

Idowu Oluwaseun presents an exhibition of paintings at GNYP Gallery

Exhibition brings together works by various artists that confront us with the unspeakable

'Strike Fast, Dance Lightly: Artists on Boxing' opens at the Norton Museum of Art

A colossal, hyper-realistic sculpture of a pigeon cast in aluminum is now on view on the High Line Plinth

Altman Siegel to open an exhibition of new paintings by Troy Lamarr Chew II




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
(52 8110667640)

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