All articles tagged with #willem de kooning
Christie's sold 16 pieces of art from the estate of Samuel Irving Newhouse Jr. for a total of $178 million, with seven works crossing the $10 million mark. The sale included works by Willem de Kooning, Pablo Picasso, and Francis Bacon, among others. The successful sale suggests that collectors are still willing to invest in art trophies vouched for by tastemakers like Newhouse.
The auction of 16 paintings from the collection of the late magazine publisher S.I. Newhouse Jr. at Christie's was muted, with most of the lots going for solid if predictable prices at, or just above, their estimates, for a total of $177.8 million. Every item had been guaranteed, essentially presold to buyers who had promised to pay undisclosed minimum prices. The highest price of the evening was $34.6 million with fees, for a 1969 self-portrait by Francis Bacon. The highest estimate in the Christie’s sale was about $25 million for Willem de Kooning’s 1947 black-and-white “Orestes,” which sold for $30.9 million with fees.