Impressionist and Modern Art

Feeding frenzy sets new record as bidders get their fill despite absence of Lloyd Webber Picasso

Sotheby’s Impressionist and Modern art sale of 83 lots on November 7 generated $238m (£131.5m) and was the auctioneers’ highest auction total since the previous Impressionist and Modern high water mark of May 1990.

IT would have been the most expensive picture ever sold. At $139m, the private deal between two American billionaire buddies would have upped the record high for any painting by $4m. But the deal is now off.

CHRISTIE’S are hoping to generate up to $140m for the four remaining works by Gustav Klimt (1862-1918) that were part of the high-profile Bloch-Bauer restitution case.

THE Edvard Munch paintings The Scream and the Madonna have been recovered by Norwegian police. They were stolen from an Oslo museum two years ago.

CHRISTIE’s have announced that they are to sell the four remaining works by Gustav Klimt (1862-1918) that were part of the high profile Bloch-Bauer restitution case.

Record turnover at London flagship sales but the buzz of the 1980s has gone

Pablo Picasso has become the ultimate luxury brand. On May 3 at Sotheby’s New York Picasso’s rare and iconic 1941 portrait, Dora Maar au chat, became the world’s second most expensive painting when it sold for $85m (£48.3m) to a mystery buyer in the room, widely presumed to be representing a Russian oligarch.

THE Art Loss Register has announced the recovery of four valuable paintings stolen 27 years ago in a £30m theft.

Bird in Space, right, an unrecorded marble version of one of Constantin Brancusi’s most celebrated and iconic subjects, was the toast of Christie’s $126.8m Impressionist and Modern art sale last week in New York.

Maryland auction house Hantman’s will sell personal artefacts and archival material relating to Pierre August Renoir at auction on May 14.

ANTO CARTE (1886-1954) has emerged as the darling of the Belgian auction scene in recent years, and was again responsible for the country’s top saleroom price in December.

SOME areas of the art market seem impervious to the changing winds of taste. One is quality pictures of great European cities by recognised artists which appeal across the usual boundaries of generations and national borders.

A Dada still life collage by Francis Picabia that came with an equally illustrious trail of previous owners headed the modern art sale at CalmelsCohen (20.33-11.96% buyer’s premium) on December 6.

Containing several hundred pencil drawings, a Spanish chemistry textbook used by Salvador Dali during his student days at the San Fernando Academy of Art in Madrid was sold for $12,000 (£6280) in a Sotheby’s New York sale of December 3.

NERVES in New York’s art market, just like those in the New York stock market, were settled by the swift resolution of the US presidential election.

THE Mira Jacob Collection sale at Bailly-Pommery-Voutier & Sotheby's (23.92 - 14.35% buyer's premium) included a smattering of drawings and watercolours by artists outside the dealer’s sphere of influence – from a small Picasso ink sketch of a Glass and Jar, bought in at €44,000, to a Degas pencil portrait of Thérèse Degas, 11 x 8 1/2in (28 x 22cm), which sold at a quadruple-estimate €77,000 (£52,400).

DELVAUX and Redon were among eight artists granted solo exhibitions at Jacob’s Bateau Lavoir gallery in Rue de Seine between 1960 and 1986, along with James Ensor, Charles Filiger, Bernadette Kelly, Pierre Klossowski, Marie Laurencin, and Paul Wunderlich – all represented at Bailly-Pommery-Voutier & Sotheby's (23.92 - 14.35% buyer's premium), notably Filiger with 13 lots, and Ensor with eight.

DAY two of the sale of the Mira Jacob Collection, held by Bailly-Pommery-Voutier & Sotheby’s (23.92 - 14.35% buyer's premium), was devoted to prints and illustrated books and yielded €780,000 (£530,000) with all but seven of the 166 lots selling.

CAPE Cod auctioneers Eldred’s of East Dennis had a busy August schedule and results from their series of Asian and Americana sales will appear in future US Selections, but seen here are two of the 970 lots found in an August 12-13 sale of Fine & Decorative Art.