Art Marketplace
You are in:  Home > Art > Marketplace   •  Archives   •  send page to a friend
Headline Feed
Email to a friend
 

BASQUIAT'S 'CROWN HOTEL' SELLS FOR €5.7/ $7.4m IN PARIS SALE

 

By Culturekiosque Staff

PARIS, 9 JUNE 2013 — The top lot of Sotheby’s sale of Contemporary Art in Paris on Thursday, and a record price in France for the artist was Jean-Michel Basquiat's monumental Crown Hotel (Mona Lisa Black Background) from The Collection of the Comtesse Viviane de Witt, which sold for €5,697,500 / $7,436,320 / £4,848,931 (est. €5-7m/$6.6-9.2m). Mounted on a crisscross stretcher, it is a classic work by the artist and cites two icons of western art – Mona Lisa and Olympia. Three further artist records in France were achieved for works by Willem de Kooning, Jean-Michel Othoniel and Zao Wou-Ki, and the highlight of the works featured in the sale from the Collection of Alex & Elisabeth Lewyt was Nicolas de Staël’s monumental Flowers on a Salmon-Pink Table (1953), which sold for €1,441,500 / $1,881,431/ £1,226,807 (est. €800,000-1,200,000 /$1,050,000-1,570,000. The sale, which closed to a round of applause, was 96.6% sold by lot and 99.8% sold by value, with five works selling for over €1million and a high average lot value of €772,271/ $1,007,960/ £657,251.

Further to the Basquiat, an exceptional work from The Collection of Comtesse Viviane de Witte by Willem de Kooning, Five Women (1952), fetched €901.500/ $1,176,629/ £767,233 (est. €400,000-600,000/ $515,000-770,000). The large-scale drawing exemplifies the artist’s reputation as the 'greatest draughtsman of the 20th century'.

Among the four works by Alexander Calder from the Collection was his monochrome, nine-part work titled Nine Snowflakes, which sold for €721,500/$941,695/ £614,042 (est. €600,000-800,000/ $770,000-1,030,000), in addition to a work with a more typically vibrant colour scheme titled Standing mobile, Low Three Feathers, which fetched €625,500/ $816,396/ £532,340 (est. €350,000-450,000/$448,000-580,000).

An important, large-format work by Anselm Kiefer titled Johannisnacht or Midsummer Night (1987-91) - a title that pays tribute to the cycle of the seasons - fetched €541,500/$706,760/ £460,851 (est. €250,000-350,000/ $329,000-460,000). The work is executed in Kiefer's favoured natural materials of lead, earth and foliage

Viviane de Witt is married to Jérôme de Witt – a descendant of Napoleon's brother Jérôme, King of Westphalia – and became one of France's first female auctioneers in 1978, swiftly making her mark on the country's male-dominated auction world.

Related Culturekiosque Archives

Exhibition Review: Basquiat at the Fondation Beyeler



[ Feedback | Home ]

If you value this page, please send it to a friend.

Copyright © 2013 Euromedia Group, Ltd. All Rights Reserved.