{"id":41335,"date":"2021-01-29T10:47:25","date_gmt":"2021-01-29T15:47:25","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=41335"},"modified":"2024-04-15T01:39:03","modified_gmt":"2024-04-15T05:39:03","slug":"sothebys-master-paintings-sculpture-just-misses","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2021\/01\/sothebys-master-paintings-sculpture-just-misses\/","title":{"rendered":"Sotheby&#8217;s Master Paintings &#038; Sculpture Just Misses"},"content":{"rendered":"\n\n\t<div id=\"attachment_41336\" style=\"width: 198px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Sandro-Botticelli-Young-Man-Holding-a-Roundel.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41336\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Sandro-Botticelli-Young-Man-Holding-a-Roundel-199x300.jpg\" alt=\"portrati of a man holding a roundel\" width=\"188\" height=\"283\" \/><\/a><p id=\"caption-attachment-41336\" class=\"wp-caption-text\">Botticelli<\/p><\/div>\n<p>On January 28, Sotheby&#8217;s offered a small selection of paintings in their Mater Paintings &amp; Sculpture sale.\u00a0 I always wonder why they have a sale of <a href=\"https:\/\/rehs.com\/eng\/2022\/11\/a-new-old-master\/\">Old Master<\/a> works and then throw in a few 19<sup>th<\/sup>-century paintings. My personal feeling is that a Bouguereau just does not sit well next to a 14<sup>th<\/sup> or 15<sup>th<\/sup> century Madonna and Child &#8230; but what do I know? (w\/p = with the buyer&#8217;s premium)<\/p>\n<div id=\"attachment_41338\" style=\"width: 162px\" class=\"wp-caption alignright\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Hugo-van-der-Goes-The-Descent-from-the-Cross.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41338\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Hugo-van-der-Goes-The-Descent-from-the-Cross-211x300.jpg\" alt=\" The Descent from the Cross\" width=\"152\" height=\"216\" \/><\/a><p id=\"caption-attachment-41338\" class=\"wp-caption-text\">Hugo van der Goes<\/p><\/div>\n<p>The top lot was Botticelli&#8217;s well-publicized <em>Portrait of a Young Man Holding a Roundel<\/em> from the Solow collection.\u00a0 The painting was offered with Estimate On Request, but the whisper number was in excess of $80M.\u00a0 The bidding took a long time, as the auctioneer worked hard to hit the number, and it did end up selling for $80M ($92.2M w\/p).\u00a0 Mr. Solow purchased the painting about 40 years ago for $1M &#8230; so that was an excellent return.\u00a0 Sadly, he passed away in November, so he will not get to enjoy the extra money. In a very distant second was Hugo van der Goes&#8217; <em>The Descent from the Cross<\/em>. The 21 x 15-inch canvas was expected to bring $3-5M and was a guaranteed lot (so we knew it was going to sell).\u00a0 The hammer came down a $3M, and during the sale, the price with the buyer&#8217;s premium showed as $3.65M; however, after the sale, the price was changed to $3.35M &#8230; so obviously, the individual who guaranteed the lot was the buyer and received a discount.\u00a0 The number three lot was a very small (14 x 10 inches) but pretty still life by Ambrosius Bosschaert the Elder that carried a $1-1.5M estimate and hammered at $1.9M ($2.32M w\/p).\u00a0 The seller bought the work in 2012 for $1.68M, so they initially expected to take a pretty big loss; it turns out they may have made a little money.\u00a0 Rounding out the top five were Rachel Ruysch&#8217;s <em>Still life with flowers in a vase on a ledge with a dragonfly, caterpillar, and butterfly<\/em> that hammered at $1.8M ($2.2M w\/p &#8211; est. $1-1.5M), and Luca della Robbia&#8217;s <em>Relief of the Madonna and Child<\/em> which made $1.65M (2.02M w\/p &#8211; est. $700-1M).\u00a0 The Robbia was one of 6 works offered by the Albright-Knox Museum &#8230; 2 of which went unsold.<\/p>\n<div id=\"attachment_41337\" style=\"width: 217px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Ambrosius-Bosschaert-the-Elder.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-41337\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2021\/01\/Ambrosius-Bosschaert-the-Elder-207x300.jpg\" alt=\"still life of flowers\" width=\"207\" height=\"300\" \/><\/a><p id=\"caption-attachment-41337\" class=\"wp-caption-text\">Ambrosius Bosschaert the Elder<\/p><\/div>\n<p>There were a few other lots that did well; these included <em>Portrait of a Young Man Holding His Gloves and Wearing a Tall Hat, His Arm Akimbo<\/em> by School of Haarlem, circa 1615, which carried a $70-90K estimate and sold for $310K ($391K w\/p); <em>Portrait of a Young Woman, Aged 17, Holding a Small Spaniel Wearing a Collar of Bells<\/em> by Frans Pourbus the Elder at $380K ($479K &#8211; est. $70-90K); <em>The Death of Lucretia at the Banquet of Lucius Janius Brutus<\/em> by The Master of Marradi hammered at $830K ($1.02M w\/p &#8211; est. $400-600K); and a large 19<sup>th<\/sup> century work by <a href=\"https:\/\/rehs.com\/Antonietta_Brandeis_Bio.html\">Antonietta Brandeis<\/a> titled <em>Venice: A View of the Piazza San Marco<\/em> which was expected to bring between $150-$200K and sold for $350K ($441K w\/p).<\/p>\n<p>On the flip side, the sale had some big failures, which included works by Willem Claesz. Heda (est. $2.5-3.5M), Sir Anthony van Dyck (est. $700-1M), <a href=\"https:\/\/rehs.com\/william_a_bouguereau.html\">William Bouguereau<\/a> (est. $1-1.5M), and Lorenzo di Credi and Workshop (est. $600-800K).\u00a0 There were also three lots withdrawn before the sale started, the biggest of which was a Rembrandt (est. $20-30M) &#8211; guess there was little interest and the owner decided to pull it.<\/p>\n<p>When the sale was over, of the 46 works in the &#8216;catalog,&#8217; 30 sold, 13 were bought in, and 3 were withdrawn.\u00a0 The sale brought in $98.3M ($114.5M w\/p), and the low end of their presale estimate range was $100.09M, so they needed the buyer&#8217;s premium to beat it. \u00a0Of the 43 works that were offered, 7 were below, 11 within, and 12 above their estimate ranges; this left them with an accuracy rate of 25.6% &#8230; which is ok.<\/p>\n<p>As you might have surmised, it was the Botticelli that made the sale; it accounted for 81.3% of the sale&#8217;s total.\u00a0 Another example of how difficult it is for the salerooms to obtain high-quality works.<\/p>\n\n","protected":false},"excerpt":{"rendered":"<p>On January 28, Sotheby&#8217;s offered a small selection of paintings in their Mater Paintings &amp; Sculpture sale.\u00a0 I always wonder why they have a sale of Old Master works and then throw in a few 19th-century paintings. My personal feeling &hellip; <a href=\"https:\/\/rehs.com\/eng\/2021\/01\/sothebys-master-paintings-sculpture-just-misses\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":21,"featured_media":41336,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,58],"class_list":["post-41335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-old-masters"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sotheby&#039;s Master Paintings &amp; Sculpture Just Misses<\/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\/2021\/01\/sothebys-master-paintings-sculpture-just-misses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sotheby&#039;s Master Paintings &amp; Sculpture Just Misses\" \/>\n<meta property=\"og:description\" content=\"On January 28, Sotheby&#8217;s offered a small selection of paintings in their Mater Paintings &amp; Sculpture sale.\u00a0 I always wonder why they have a sale of Old Master works and then throw in a few 19th-century paintings. 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