Banksy 'Rat & Heart' leads Heritage's $4.7 million modern & contemporary art auction
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Banksy 'Rat & Heart' leads Heritage's $4.7 million modern & contemporary art auction
Banksy (b. 1974), Rat & Heart, 2015. Spray paint and emulsion on cut-out canvas, in artist's frame, 9-7/8 x 11-7/8 in.



DALLAS, TX.- Banksy’s Rat & Heart brought $387,500 to lead Heritage’s Nov. 10 Modern & Contemporary Art Signature® Auction, which realized $4.7 million. Major results spanned painting, sculpture and works on paper.

“The results reflect the range of this auction, with collectors responding to distinctive works across very different artistic traditions,” says Frank Hettig, Heritage’s Vice President of Contemporary Art. “From Banksy’s instantly recognizable imagery to Valdés’s monumental sculpture and LeWitt’s exuberant brushwork, the leading lots offered compelling examples of each artist’s approach.”

Executed in spray paint and emulsion on cut-out canvas and presented in the artist’s frame, Banksy’s Rat & Heart (2015) pairs two recurring motifs in his work. The intimate composition is signed and bears the Campaign for Nuclear Disarmament peace symbol on its backing board, a mark the artist has used on personal gifts.

Two contrasting works each realized $237,500: Manolo Valdés’s La Infanta Margarita (1992) and Sol LeWitt’s Squiggly Brushstrokes (1997). Standing more than 7 feet tall, Valdés’s Canarywood sculpture reimagines the princess at the center of Velázquez’s Las Meninas. Its broad dress and commanding silhouette translate the familiar painted figure into a substantial wooden presence, with visible joins, fissures and grain central to its effect. LeWitt’s gouache on paper offers a different expression of form and gesture through its animated brushwork.

Joan Miró’s Maquette de l’Arc de la Fondation Maeght (1962) brought $212,500. The bronze, with green and black patina, models the arch created for the artist’s celebrated Labyrinthe at the Fondation Maeght, transforming an architectural element into an organic, creature-like form.

Pablo Picasso’s Femme nue assise et enfant musicien (1966) realized $200,000. Drawn in black crayon and graphite on Lana paper, the signed work brings together a seated nude and a child musician with the freedom and economy characteristic of Picasso’s late drawings.

The auction also established an auction record for Ida Applebroog, whose Keep the Door Open (1980) sold for $37,500. Executed in ink and Rhoplex on vellum, the work unfolds across five panels.

“This sale brought together exceptional works with very different sources of appeal,” Hettig says. “The results, including a new auction record for Ida Applebroog, made it a rewarding auction for our consignors and collectors.”


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