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Posts with tag Sothebys

Patek & More at Sotheby's Important Watch Sale

On July 16, Sotheby's in London is staging a stunning sale of Important Watches. The top lots are all of course Patek Philippes, but there are some prime timepieces from the likes of Rolex, Panerai and Cartier as well. Leading things off pricewise is an exceptional platinum minute repeating perpetual calendar tourbillon Patek with retrograde date, phases of the moon and a black dial, est. $700,000 - $900,000.

From there prices drop dramatically and there are some deals to be found. We're particularly fond of this 1945 steel Patek chronograph with register and tachometer, est. only $50,000 - $80,000. On the Rolex front there's a rare 1972 stainless steel Submariner made for the British Royal Navy, est. $50,000 - $70,000, and a stainless 1983 Daytona cosmograph, est. $28,000 - $36,000. Also worth noting: an oversized Panerai limited edition white gold dual time zone Radiomir, est. $11,000 - $17,000. See the gallery for pix.

Gallery: Sotheby's Summer Watch Sale

Platinum minute repeating perpetual calendar tourbillon PatekPlatinum automatic minute repeating perpetual calendar Patek1972 stainless steel Rolex Submariner1983 Rolex DaytonaLimited edition white gold dual time zone Panerai Radiomir

Bacon, Basquiat, Prince and Warhol Star in Sotheby's Sale

Not to be outdone by archrival Christie's, Sotheby's is staging its own major Contemporary Art auction in London on July 1st. With total pre-sale estimates topping $130 million, the event is being billed as "the highest value summer sale of contemporary art ever held by Sotheby's in Europe." The untitled Jean-Michel Basquiat painting belonging to Irish rockers U2 that my colleague Deidre Woollard mentioned earlier this month is a top draw in the auction, with an estimate of $8 - $12 million.

Other highlights include two important works by Francis Bacon: Figure Turning, painted 1962, est. $20 - $30 million, and Study for Head of George Dyer, painted in 1967, est. at over $16 million. Rounding out the other notable big-ticket items are Richard Prince's Overseas Nurse, 2002, est. at $8 - $12 million - more than the current Prince auction record; and Andy Warhol's 1964 Large Campbell's Soup Can (pictured right), est. $5 - $7 million. Also of interest: tennis great John McEnroe is selling his 1986 Warhol portrait with ex Tatum O'Neal, est. only $500,000 - $700,000. See the gallery for images.

Gallery: Sotheby's Summer Sale

Bacon's FigureBacon's DwyerPrince's NurseWarhol's Basquiat's Untitled

Damien Hirst's Golden Calf


Compared to his diamond-covered skull, Damien Hirst's latest work for sale, a bull in formaldehyde, with a head crowned by a solid-gold disc, and hooves and horns cast in 18-karat gold is practically a deal. The Golden Calf will be auctioned off at Sotheby's in New York in September and is estimated to bring in $16 to $24 million. The calf comes in a gold-plated stainless steel and glass box. The monumental piece is part of Beautiful Inside My Head Forever, a major auction of new works by Hirst, on September 15 and 16. The auction will include formaldehyde sculptures, new paintings, new cabinets and preparatory drawings,

Gallery: The World of Damien Hirst

Do-It-Yourself Hirst Kit Hirst and Toddington ManorHirst JewelryFor The Love of GodHirst Doodle

Artek Pavilion Up For Auction


Typically our writing of Sotheby's covers large lots of wine, significant collections of artwork, or stunning jewels but this summer the auction house will be offering a larger scale of item -- the Artek Pavilion which is 40 meters long and 5 meters wide. Expected to go for around $80,000, the pavilion is a testament to 20th century design combined with ecological standards in sustainability and the builder's American training combined with his Japanese heritage. Already showcased in Milan, Italy, Helsinki, Finland, and Miami, Florida, the Artek Pavilion is much anticipated to arrive in NYC on June 14th, 2008. The proceeds from the sale of the pavilion will be donated to arts and culture affiliated charities.

Jerry Hall Is Cleaning Out Her Closet

Jerry Hall, supermodel, actress, and ex-wife of Rolling Stones' Mick Jagger, is emptying out her closet and donating everything to charity.

She's getting rid of 430 items total, including clothing and accessories from designer names like Dior, Balmain, Balenciaga, and textiles from as far back as 1700. Also included in the sale will be several outfits and evening dresses worn to various events, and perhaps most noteworthy of all the wedding dress she wore at her wedding to Mick Jagger back in 1990. The goodies will be auctioned off at Sotheby's in London on June 10th, with all proceeds going to benefit the homeless through the Emmaus charity.

$86 Million Worth of Bacon Sells At Sotheby's


The big wow from Sotheby's contemporary art sale on Wednesday, was the record price set for a Francis Bacon. His "Triptych, 1976" sold for $86.281 million setting a record for postwar art and topping the estimate of around $70 million. Sotheby's had their best night in their nearly 300-year history bringing in a total of $362 million, which bested the $348.2 million haul from Christie's just the night before. While at the Christie's sale a Mark Rothko painting went for over $50 million, at this sale a similar painting went unsold. Seventeen other artists also set record including Robert Rauschenberg, who died this week. His "Overdrive" sold for $14.6 million. Takashi Murakami's amusing sculpture "My Lonesome Cowboy" went for $15.16 million which is rather amazing considering his previous record for $2.7 million. At the sale 87 percent of the 83 lots were sold and the sale exceeded the high presale estimate of $357 million. Fine art spending is alive and well, if there's a fall coming, well, inevitably there will be one, it seems it won't be for a while yet.

[Thanks, Rob!]

Bardot, Beatles & Monroe Star in Sotheby's Sale

The buzz at big photo auctions lately has been all about nude supermodels. Perfectly understandable, of course, but how many times can you really stand to see Gisele naked? (OK, no need to answer that). At Sotheby's latest photo sale in London on Tuesday, we're pleased to see some stunning images on offer which while short on supermodel cleavage nonetheless have plenty of appeal. Take for instance this portrait of the beautiful Brigitte Bardot taken by Terry O'Neill 1971 with an estimate of $8,000 - $12,000. Not one of the more expensive items on offer, but worth every penny in our estimation.

Also included in the amazing auction is Helmut Newton's 1975 photo of Elsa Peretti, est. $24,000 - $30,000, and his 1987 portrait of Jodie Foster, est. $14,000 - $18,000; Andy Warhol's Polaroid of Muhammad Ali taken in 1977, est. $10,000 - $14,000; David Bailey's 1969 double portrait of John Lennon and Paul McCartney, est. $20,000 - $30,000; and a recent print made from Bert Stern's famed Marilyn Monroe series (recently aped by Lindsay Lohan), est. $6,000 - $8,000. See the gallery for more.

Gallery: Sotheby's Photo Auction Stars

Marilyn Monroe by Bert Stern.Muhammad Ali by Andy Warhol.Jodie Foster by Helmut Newton.John Lennon and Paul McCartney by David Bailey.Elsa Peretti by Helmut Newton.

Museum-Quality Pateks Worth Millions Up for Auction

A one-of-a-kind, oversized 1930s Patek Philippe chronograph that belonged to dashing Italian racecar driver Count Felice Trossi is expected to fetch close to $2 million at Sotheby's in Geneva today. Famed Fiat chairman Gianni Agnelli probably copied Trossi's habit of wearing his Patek over his shirt cuff, the better to keep time while winning the Italian Grand Prix, which Trossi did in 1947. These day's Trossi's name lives on mainly for automotive enthusiasts; his legendary one-off 1930 Mercedes-Benz SSK, now known as the "Count Trossi", is the star of Ralph Lauren's incredible car collection.

The sale also features several other Pateks including some extremely rare chronographs. Meanwhile, Christie's will stage it's own Important Watch auction in Geneva tomorrow, featuring two of the most important antique one-off Pateks ever to go ion the block: a stainless steel perpetual calendar with phases of the moon, and a platinum perpetual calendar with sweep centre seconds and phases of the moon. Both are estimated at an astounding $1.4 million - $2.4 million.

[via Men.Style]

Gallery: Patek Philippe Auctions

18K gold perpetual calendar chronograph.Platinum perpetual calendar.Stainless steel perpetual calendar.18K gold openface keyless lever tourbillon pocket watch.Stainless steel chronograph.

A Primer on the Price of Bacon


Francis Bacon, that is. In this week's New York magazine, Marion Maneker, art world expert and author of the brilliant men's style book Dressing in the Dark, reveals how the Irishman who "painted meat and blurry popes" came to command $70 million per painting at auction these days. Before 2005, he hadn't crossed the $10 million mark.

Essentially, a bunch of billionaires bid up his work - buyout king Henry Kravis bought one for $35 million last year, and other bigwigs recently paid $53 million for one of those blurry popes and $43 million for a self-portrait (similar to the triptych above, which could fetch $35 million at Christie's next week). Maneker points out however it's also due to the fact that Bacon, who died in 1992, was literally "one of the last great oil painters." His entire estate was only worth £11 million when he succumbed to a heart attack at the age of 82 - less than one little picture would bring now.

Gallery: The Twisted Genius of Bacon

The artist in his studio, 1984.Movement.Portrait of Lucian Freud.Triptych.Oedipus.

$70 Million Francis Bacon Stars in Sotheby's Sale


A Francis Bacon triptych painted in 1976 is expected to fetch about $70 million in the star sale of Sotheby's Contemporary Art auction in New York on May 14. If the work, billed as the most important privately-held Bacon extant, does max out despite all the hand-wringing going on, the price will eclipse Impressionist claptrap like this $40 million Monet while still falling far short of some puffed-up Picassos. (The middle panel is pictured here; see the image gallery for the complete piece.) Back in February, a Bacon triptych sold for $46.1 million at Christie's in London, slightly below estimate, though the one currently on offer is the better work in our opinion.

Also included in the stunning sale is Mark Rothko's 1956 Orange, Red, Yellow, expected to fetch in excess of $35 million; Jean-Michel Basquiat's beautiful Untitled (Prophet I), est. $9 - $12 million; Robert Rauschenberg's 1963 Overdrive, est. $10 - $15 million; Richard Prince's Millionaire Nurse, est. $3.5 - $4.5 million; a 1986 Andy Warhol self-portrait, est. $2 - $3 million; an untitled Cy Twombly, est. $1.5 - $2 million; and a very naughty manga-inspired sculpture by Louis Vuitton collaborator Takashi Murakami, valued at an astonishing $3 - $4 million.

Gallery: Sotheby's Contemporary Art Auction

Francis Bacon triptych.Andy Warhol.Jean-Michel Basquiat.Richard Prince.Robert Rauschenberg.

Eric Clapton's Rolex Sells for Record-Shattering $505,000

The other day we reported on the world records set at Antiqorum's recent $8.5 million Rolex auction, where the top-priced timepiece fetched $248,000. At Sotheby's Important Watches auction on April 23, however, that record was shattered by the sale of an ultra-rare 1971 "Albino" Rolex Daytona that formerly belonged to rock & roll icon Eric Clapton. Eclipsing its pre-sale estimate of $100,000 - $150,000, the Daytona went for a whopping $505,000 including buyer's premium.

Though the total proceeds from the Sotheby's sale, $6,588,451, were far less than Antiquorum's, the Clapton sale set a record for the Daytona and was the second-highest price ever achieved at auction for a Rolex watch. This model is known as the "Albino" because both the background and subsidiary dials are in a monochrome silver color, as opposed to the usual contrasting variations found on more common examples.

The second through fifth highest prices paid at the Sotheby's auction were all for Patek Philippes, ranging from $445,000 - $217,000. The sixth highest was also a Rolex, a so-called "James Bond" 1959 Submariner, which brought in $211,000.

Gallery: Sotheby's Important Watches

Little Kualala, Namibia.Pool deck, Little Kulala.Patek Philippe. A Large Gold Automatic Perpetual Calendar, $301,000.A. Lange & Söhne Ltd. Edition Gold Tourbillon with Power Reserve, $145,000.Singita Sweni lodge, Sweni River.

Million-Dollar Paintings Headline Sporting Art Auction


On May 7, Sotheby's in London will stage an auction of important Sporting Art, headlined by two Sir Alfred Munnings equestrian paintings worth several million dollars. The top-priced piece of the sale is Munnings' "A Boy And His Pony - Portrait of Daffern Seal on Canary" painted in 1926. With an estimate of $3 - $5 million, it's one of the highest-priced equestrian portraits ever; however, it's worth noting that in 2004 Sotheby's sold a Munnings entitled "The Red Prince Mare," which had formerly belonged to Mr. and Mrs. John Hay Whitney, for $7.8 million, almost $2 million over estimate.

The second-highest lot in the May 7 auction is also a Munnings, "Portrait of Lady Barbara Lowther on Horseback" painted in 1919, with an estimate of $1.6 - $2.4 million. However, we happen to prefer the work of earlier artists such as Ben Marshall and John Frederick Herring, Sr., whose "The Match Between Priam and Augustus at Newmarket," painted in 1831 and pictured above, is estimated at $1 - $1.4 million -- a relative bargain.

Gallery: Sporting Art Auction

Munnings' Portrait of Daffern Seal on Munnings' Portrait of Lady Barbara Lowther on HorsebackBen Marshall's Mr. Henry Vansittart's Chestnut Colt Burleigh With Sam Chifney UpPortrait of William Bolton Aspinall by Thomas WeaverBeeswing by John Frederick Herring Sr.

The Perfect Pear Sells Privately, Not at Auction


The highly anticipated 72.22 carat "Perfect Pear" diamond was withdrawn from the Sotheby's Hong Kong auction on April 10th after the final bid failed to reach the reserve price. Originally the stone was expected to sell for upwards of $13 million but the highest bid maxed out at only $9.4 million. That didn't seem to dampen interest, however, as within just a few hours of the auction closing the stone was sold to a private buyer for an undisclosed amount.

Experts say the bidding prices were likely lower than expected due to confusion over the exchange rate of different currencies. Hm, does that mean they got their $13 million after all? Seems like people spending that much money would have a handle on that kind of thing.

Businesswoman Sends Her Wine To Sotheby's

Most of the time we read about the a man selling off their huge wine collection but this time it's a woman who is selling off her carefully amassed wines. V. Cheryl Womack, who made her fortune in the insurance world, spent around 15 years creating a collection of almost 10,000 bottles. Like many collectors, she's in need of space and so off to Sotheby's she went. On March 15, Sotheby's will be holding a single collector sale of 4,775 bottles from her collection, freeing up nearly half of Womack's cellar space for new acquisitions. The sale is expected to bring in around $3 million.

Bernar Venet Sculpture Exhibition


One of Florida's more elite private golf and country clubs is the setting for a unique sculpture exhibit. Sotheby's will present an exhibition of a single artist, the renowned sculptor, Bernar Venet, on the grounds of the Isleworth Golf & Country Club in Windermere, Florida, outside Orlando from January through April 2008. There will be 25 sculptures, many of which are for sale. The sculptures range in size from six to 35 feet and were executed by Venet at a foundry and ironworks in the Vosges mountains.

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