{"id":44347,"date":"2022-03-04T16:36:46","date_gmt":"2022-03-04T21:36:46","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=44347"},"modified":"2023-12-18T07:52:32","modified_gmt":"2023-12-18T12:52:32","slug":"par-for-the-course-sothebys-modern-contemporary-evening-sale","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2022\/03\/par-for-the-course-sothebys-modern-contemporary-evening-sale\/","title":{"rendered":"Par For The Course: Sotheby&#8217;s Modern &#038; Contemporary Evening Sale"},"content":{"rendered":"<div id=\"attachment_44357\" style=\"width: 348px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-44357\" class=\"wp-image-44357\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn-300x234.jpg\" alt=\"A suburban house among trees with a lamppost in the dark with a blue, cloudy, midday sky above\" width=\"338\" height=\"264\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn-300x234.jpg 300w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn-1024x799.jpg 1024w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn-768x599.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn-1536x1198.jpg 1536w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-magritte-md.brightspotcdn.jpg 2048w\" sizes=\"(max-width: 338px) 100vw, 338px\" \/><\/a><p id=\"caption-attachment-44357\" class=\"wp-caption-text\"><em>L\u2019empire des lumi\u00e8res<\/em> by Ren\u00e9 Magritte<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Wednesday\u2019s Modern &amp; Contemporary evening sale at Sotheby\u2019s London showroom saw fifty-four works from some of the most recognizable names in the visual arts come up to the auction block. But while an auction like this typically has the wealthy clamoring to get their hands on a painting or a bronze, this sale went\u2026 just okay. There were no wow moments, as almost everything stayed within their estimates, and there were no fast-paced bidding wars or unexpected hammer prices.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The sale\u2019s headliner was Ren\u00e9 Magritte\u2019s surrealist painting <\/span><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/8989c4b\/2147483647\/strip\/true\/crop\/2000x1560+0+0\/resize\/2048x1597!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2F30%2F7a%2F473065144ff18766707935756f48%2Fl22002-bn6y7-01a-t1-final-cropped.jpg\"><i><span style=\"font-weight: 400;\">L\u2019empire des lumi\u00e8res<\/span><\/i><\/a><span style=\"font-weight: 400;\">: a house among trees shrouded in the darkness of night, all underneath a bright, blue, midday sky. After stalling at \u00a345 million, the auctioneer lingered long enough to get the hammer price up to \u00a351.5 million (or \u00a359.4 million w\/p). While it fell short of its \u00a360 million estimate, the auctioneer wasted no time in reminding the room that this was a new auction record for a work by Magritte. The previous record-holder, entitled <\/span><i><span style=\"font-weight: 400;\">Le principe du plaisir<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/www.barrons.com\/articles\/magrittes-le-principe-du-plaisir-fetches-record-26-8-million-1542117826\"><span style=\"font-weight: 400;\">sold at Sotheby\u2019s New York in 2018<\/span><\/a><span style=\"font-weight: 400;\"> for $23.5 million (or $26.8 million w\/p). But anyone paying attention to Wednesday\u2019s sale should not have been surprised since the painting was guaranteed and the bidding started at \u00a340 million. It takes the excitement out of an event when the outcome is ensured. In their description, the Sotheby\u2019s specialists made sure to refer to <\/span><i><span style=\"font-weight: 400;\">L\u2019empire des lumi\u00e8res<\/span><\/i><span style=\"font-weight: 400;\"> as \u201c[o]ne of the Belgian master\u2019s finest works\u201d. And while the subject is undoubtedly intriguing, some may not see the work as such. It\u2019s simply not as striking as many of Magritte\u2019s other great surrealist works, like <\/span><a href=\"https:\/\/media.mutualart.com\/Images\/\/2017_10\/16\/07\/074555312\/2f904dbc-c022-4200-a172-6ba6ee13cdcd.Jpeg\"><i><span style=\"font-weight: 400;\">Le fils de l\u2019homme<\/span><\/i><\/a><span style=\"font-weight: 400;\"> or <\/span><a href=\"https:\/\/www.sartle.com\/media\/artwork\/time-transfixed-rene-magritte.jpg\"><i><span style=\"font-weight: 400;\">La Dur\u00e9e poignard\u00e9e<\/span><\/i><\/a><span style=\"font-weight: 400;\">. During the Art of the Surreal evening sale at Christie&#8217;s, five Magritte works were sold, including one previously owned by Sophia Loren. All of them were far more remarkable than the dark canvas sold for a record price at Sotheby\u2019s. This was especially the case with <\/span><a href=\"https:\/\/64.media.tumblr.com\/183401459c60b60ba0ba4481cea8e0c1\/82d9f4eb8f7ec762-fe\/s1280x1920\/9d036381431cfbb8409507d4ea8e0948a94dc23e.jpg\"><i><span style=\"font-weight: 400;\">La m\u00e9moire<\/span><\/i><\/a><span style=\"font-weight: 400;\">, a 1942 gouache painting: a jingle bell, a rose, and the bloodstained head of a female statue on a wooden surface against a darkening seascape. While it sold for \u00a31.7 million (or \u00a32.08 million w\/p), far less than <\/span><i><span style=\"font-weight: 400;\">L\u2019empire des lumi\u00e8res<\/span><\/i><span style=\"font-weight: 400;\">, at least it reached its estimate.<\/span><\/p>\n<div id=\"attachment_44359\" style=\"width: 257px\" class=\"wp-caption alignright\"><a href=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-md.brightspotcdn.jpg\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-44359\" class=\"wp-image-44359\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-md.brightspotcdn-248x300.jpg\" alt=\"An abstract, grey and white portrait of a woman by Pablo Picasso\" width=\"247\" height=\"299\" srcset=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-md.brightspotcdn-248x300.jpg 248w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-md.brightspotcdn-768x930.jpg 768w, https:\/\/rehs.com\/eng\/wp-content\/uploads\/2022\/03\/sothebys-md.brightspotcdn.jpg 800w\" sizes=\"(max-width: 247px) 100vw, 247px\" \/><\/a><p id=\"caption-attachment-44359\" class=\"wp-caption-text\">Picasso&#8217;s <em>Buste de femme accoud\u00e9e, gris et blanc<\/em><\/p><\/div>\n<p><span style=\"font-weight: 400;\">The rest of the auction had very few surprises, if at all. They stayed within their estimates, some of them a little high to begin with. <\/span><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/e30cc25\/2147483647\/strip\/true\/crop\/1535x2000+0+0\/resize\/800x1042!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2F92%2F65%2Fce10db7e40d1b44bbee7381a5b62%2Fl22002-c5rfh-3-t1-new-cropped.jpg\"><i><span style=\"font-weight: 400;\">Nymph\u00e9as<\/span><\/i><\/a><span style=\"font-weight: 400;\">, one of Claude Monet\u2019s waterlily paintings, hit its \u00a320 million high estimate, a rather high price tag given the work is stamped with Monet\u2019s signature rather than properly signed. David Hockney took third when his 2017 acrylic on canvas <\/span><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/9b9b682\/2147483647\/strip\/true\/crop\/2000x1340+0+0\/resize\/800x536!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2F5e%2F2b%2F15ca743c4bab92c5e9ae45bee3ca%2Fl22002-c64c7-t1-02.jpg\"><i><span style=\"font-weight: 400;\">Garrowby Hill<\/span><\/i><\/a><span style=\"font-weight: 400;\"> brought in \u00a312.05 million (or \u00a314.09 million w\/p). The landscape, with its irregularly hexagonal canvas and its bright colors typical of Hockney\u2019s work, was one of the magnificent, unsung heroes of the sale. It contrasted perfectly with the dull, drab Picasso painting <\/span><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/3fd0850\/2147483647\/strip\/true\/crop\/1651x2000+0+0\/resize\/800x969!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2Fa5%2Fb5%2F87e2a8a14283b39eb7fb7189bf00%2Fl22002-c5sk6-1a-crop.jpg\"><i><span style=\"font-weight: 400;\">Buste de femme accoud<\/span><\/i><\/a><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/e30cc25\/2147483647\/strip\/true\/crop\/1535x2000+0+0\/resize\/800x1042!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2F92%2F65%2Fce10db7e40d1b44bbee7381a5b62%2Fl22002-c5rfh-3-t1-new-cropped.jpg\"><i><span style=\"font-weight: 400;\">\u00e9<\/span><\/i><\/a><a href=\"https:\/\/sothebys-md.brightspotcdn.com\/dims4\/default\/3fd0850\/2147483647\/strip\/true\/crop\/1651x2000+0+0\/resize\/800x969!\/quality\/90\/?url=http%3A%2F%2Fsothebys-brightspot.s3.amazonaws.com%2Fmedia-desk%2Fa5%2Fb5%2F87e2a8a14283b39eb7fb7189bf00%2Fl22002-c5sk6-1a-crop.jpg\"><i><span style=\"font-weight: 400;\">e, gris et blanc<\/span><\/i><\/a><span style=\"font-weight: 400;\"> that sold for \u00a310.5 million (or \u00a311.9 million w\/p). It\u2019s inconceivable that someone would shell out that much money, not only because the work is so dreary, but also because the work is completely unsigned.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While Sotheby\u2019s heavily promoted the Magritte as a future record-setter, the auction wasn\u2019t much of a success on the whole. While the entire sale was predicted to bring in anywhere between \u00a3169.8 million to \u00a3216 million, the total amount spent on Wednesday fell a bit short of the low end at \u00a3162,740,000. Not an insignificant amount of money, but a little disappointing given what Sotheby\u2019s predicted.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wednesday\u2019s Modern &amp; Contemporary evening sale at Sotheby\u2019s London showroom saw fifty-four works from some of the most recognizable names in the visual arts come up to the auction block. But while an auction like this typically has the wealthy &hellip; <a href=\"https:\/\/rehs.com\/eng\/2022\/03\/par-for-the-course-sothebys-modern-contemporary-evening-sale\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":6,"featured_media":44357,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,1],"tags":[146,207,134,20,429,88,120],"class_list":["post-44347","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-galleries","category-rehs-contemporary","tag-19th-century-french","tag-auction-news","tag-auction-records","tag-auction-results","tag-contemporary-art","tag-french-impressionist","tag-modern-art"],"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>Par For The Course: Sotheby\u2019s Modern &amp; Contemporary Evening Sale<\/title>\n<meta name=\"description\" content=\"Sotheby&#039;s Modern &amp; Contemporary evening sale saw fifty-four great works come up to the auction block. 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