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Revealed: The Biggest Consignors to This Week's Spring Auctions, From a Blue-Chip Artist to a Financier Offloading 19 Works


We bring you the inside scoop on who is selling what.
May 13, 2021
Auction houses remain mum about consignors for big ticket lots but we ve got you covered. Photo by Fairfax Media via Getty Images via Getty Images.
The Art Detective is a weekly column by Katya Kazakina for Artnet News Pro that lifts the curtain on what’s really
 going on in the art market.
 
While Sotheby’s won this auction season’s largest collection Texas rancher Anne Marion’s $150 million trove rival Christie’s had to put together its sales more or less lot by lot.
It was difficult. Christie’s had to reel in sellers with aggressive guarantees. One of the its biggest fish was private equity executive Thompson Dean. ....

France General , United States , City Of , United Kingdom , Thelma Golden , Christophe Archambault , Brett Gorvy , Maria Celis , White Mona Lisas , Richter Abstraktes Bild , Giancarlo Giammetti , Christopher Wool , Urs Fischer , Megadealer Larry Gagosian , Yassmin Ghandehari Mark , Ron Perelman , Gerhard Richter , Richard Prince , Josh Baer , Larry Gagosian Roy Lichtenstein , Hourieh Peramaa Yassmin , Warhol Marilyns , Mark Rothko , Bennett Roberts , Katya Kazakina , Los Angeles ,

As Christie's and Sotheby's Sell Dueling Basquiats This Week, Here Are the 10 Most Expensive Works by the Artist Ever Publicly Sold


Untitled (1982). Image courtesy of Sotheby s.
Call it the battle of the Basquiats.
After years of rising prices and intensifying demand, the market for the beloved artist is now at a fever pitch.
This week, both Christie’s and Sotheby’s will feature major works by the sought-after Haitian-American artist, who died at 27 in 1988.
At Christie’s, it’s 
In This Case (1983), a large skull on a red background, with an unpublished estimate of about $50 million. It was reportedly consigned by fashion designer and cofounder of Valentino, Giancarlo Giammetti.
Meanwhile, 
Versus Medici (1982) will be part of Sotheby’s sale, where it is estimated to bring in between $35 million to $50 million. ....

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Undaunted by Restitution and Authenticity Claims From Mexico, Christie's Pulls in a Solid $3 Million at Its Sale of Pre-Columbian Art in Paris


Classic Serpentine Mask, (env. 450-650 AP. J.-C.). Courtesy of Christie s Images, Ltd.
A sale of pre-Columbian art at Christie’s Paris yesterday yielded a robust €2.5 million ($3 million), the auction house’s highest total yet for the category. Of the 39 lots on offer, only three failed to sell.
The figures achieved at the sale, titled “Quetzlcoatl: The Plumed Serpent,” are even more remarkable given recent authenticity concerns raised by a Mexican heritage organization, which also claims repatriation rights to many of the items.
The National Institute for Anthropology and History in Mexico came forward recently with a request for Christie’s to withdraw at least 30 pre-Hispanic works from the sale. It argued that most of the works are part of Mexico’s cultural patrimony, and that three other items in the sale are fakes (based on indications that they were recently fabricated). The institute filed a complaint last month about the auction with the attorne ....

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Angelina Jolie Is Selling the Only Painting Winston Churchill Painted During World War II—and It's Expected to Bring in More Than $2 Million


Angelina Jolie at AFI FEST 2015. Courtesy of Jason Merritt/Getty Images.
The only painting Winston Churchill painted during World War II is hitting the auction block and it has a very unlikely consignor. The work, which the former prime minister originally gifted to US President Franklin D. Roosevelt, is being offered at Christie’s by the actress and philanthropist Angelina Jolie.
The intimate scene, which carries an estimate of £1.5 million to £2.5 million ($2.1 million to $3.4 million), will lead Christie’s modern British evening sale on March 1.
Before finding its way into the collection of Hollywood royalty, the picture was passed from FDR to his son Elliott Roosevelt. The Jolie Family Collection has owned  ....

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Philip Guston's Market Has Never Reached the Heights of His Ab-Ex Contemporaries. But This Year's Controversy May Change That


Philip Guston,
Musa (1975). Photo: Jon Etter. © The Estate of Philip Guston Courtesy the Estate and Hauser & Wirth.
Most artists benefit from developing a signature style. Philip Guston refused, departing mid-career from the gestural flourishes that had become a hallmark of his abstract work in favor of symbolically charged figuration. For a while, that abrupt shift seemed to dampen his market but now, it is likely to secure his place not only in art history, but also in the art-market pantheon.
To date, Guston’s market has not reached the heights of fellow leaders of the New York School of Abstract Expressionism like Willem de Kooning, Mark Rothko, and Jackson Pollock. (The latter’s auction record is more than double Guston’s, at $58.4 million). Robert Manley, the worldwide co-head of 20th century and contemporary art at Phillips, says that while Guston was “as great an artist as any of them,” his market was initially impeded by the decision to change tack ....

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