{"id":40233,"date":"2020-07-29T16:23:14","date_gmt":"2020-07-29T20:23:14","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=40233"},"modified":"2024-03-22T01:51:47","modified_gmt":"2024-03-22T05:51:47","slug":"rembrandt-to-richter-500-centuries-of-art","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2020\/07\/rembrandt-to-richter-500-centuries-of-art\/","title":{"rendered":"Rembrandt To Richter – 500 Centuries Of Art"},"content":{"rendered":"
\"Joan<\/a>

Joan Miro\u2019s Peinture (Femme au Chapeau Rouge)<\/p><\/div>\n

The onslaught continues, and this week, Sotheby\u2019s presented their Rembrandt to Richter sale \u2026 a mash-up of pricier works from Old Master to Contemporary.\u00a0 I, for one, have never been a fan of this type of sale, especially when you go to the viewing and see a Picasso sitting next to a Rubens.\u00a0 Yes, both were exceptional artists, but their styles are so different that, at times, it hurts the eye.\u00a0 I will say that since there are no physical viewings right now, the juxtaposition of these very different works is less troubling. (w\/p = with the buyer’s premium)<\/p>\n

\"Rembrandt\u2019s<\/a>

Rembrandt\u2019s Self-Portrait of the Artist\u2026<\/p><\/div>\n

Taking the number one spot was Joan Miro\u2019s Peinture (Femme au Chapeau Rouge)<\/em> that carried a \u00a320-30M estimate and sold for \u00a319,406,620\/$25.03M (\u00a322,302,140\/$28.8M w\/p) \u2013 I assume these wacky numbers are because the guarantor purchased the work (so they were afforded a bit of a discount).\u00a0 Oh, in case you are wondering, the seller was billionaire Ronald Perelman.\u00a0 In second, and at the other end of the art history spectrum, was Rembrandt\u2019s Self-Portrait of the Artist\u2026<\/em> which made \u00a312.6M\/$16.3M (\u00a314.55M\/$18.77M w\/p – est. \u00a312-16M).\u00a0 I was told that the painting had some condition issues, but I guess the fact that this was only one of three self-portraits still in private hands, overshadowed that.\u00a0 The third spot was taken by Fernand Leger\u2019s Nature Morte<\/em> at \u00a310.5M\/$13.55M (\u00a312.16M\/$15.7M w\/p) falling comfortably inside its \u00a38 \u2013 12M estimate. Rounding out the top five were Giacometti\u2019s Femme Debout<\/em> at \u00a39.2M\/$11.9M (\u00a310.68M\/$13.8M \u2013 est. \u00a34-6M), and Gerhard Richter\u2019s Clouds (Window)<\/em> at \u00a39M\/$11.6M (\u00a310.5M \/$13.5M w\/p \u2013 est. \u00a39 \u2013 12M).<\/p>\n

\"Fernand<\/a>

Fernand Leger\u2019s Nature Morte<\/p><\/div>\n

The most interesting thing about these online sales is the ability to withdraw lots just before, or even during, a sale.\u00a0 In all, six works were pulled, including Francis Bacon\u2019s Study for a Portrait of John Edwards,<\/em> which was expected to bring in excess of \u00a312M, and Gustave Bauernfeind\u2019s Jerusalem, From the Mount of Olives at Sunrise<\/em> that was estimated at \u00a33-4M.\u00a0 I guess that helps make the sell-through rate a lot stronger!<\/p>\n

By the end of the show (and it was a show), of the 65 works offered, just three failed to find buyers (Sigmar Polke\u2019s After Dali<\/em>, Giacometti\u2019s Figurine<\/em>, and Louise Bourgeois Arched Figure<\/em>).\u00a0 This gave them a sell-through rate of 95%, and the total take was \u00a3126.34M\/$163M (\u00a3149.7M\/$193M \u2013 w\/p) against a presale estimate range of \u00a3111-159M.\u00a0 Of the 62 sold works, 2 were below, 25 within, and 26 above their estimate ranges, leaving them with an overall accuracy rate of 40.3% \u2026 somewhat respectable.\u00a0 I am sure that the seller\u2019s whose works eclipsed their ranges were pretty happy.<\/p>\n","protected":false},"excerpt":{"rendered":"

The onslaught continues, and this week, Sotheby\u2019s presented their Rembrandt to Richter sale \u2026 a mash-up of pricier works from Old Master to Contemporary.\u00a0 I, for one, have never been a fan of this type of sale, especially when you … More…<\/a><\/p>\n","protected":false},"author":21,"featured_media":40236,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,120,58],"class_list":["post-40233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-modern-art","tag-old-masters"],"yoast_head":"\nRembrandt To Richter Centuries Of Art<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2020\/07\/rembrandt-to-richter-500-centuries-of-art\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rembrandt To Richter - 500 Centuries Of Art\" \/>\n<meta property=\"og:description\" content=\"The onslaught continues, and this week, Sotheby\u2019s presented their Rembrandt to Richter sale \u2026 a mash-up of pricier works from Old Master to Contemporary.\u00a0 I, for one, have never been a fan of this type of sale, especially when you … More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2020\/07\/rembrandt-to-richter-500-centuries-of-art\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/howard.rehs\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-29T20:23:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-22T05:51:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/miro_2020.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"361\" \/>\n\t<meta property=\"og:image:height\" content=\"488\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Howard L. 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