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Friday, January 7, 2011

TOP TEN ART SALES IN 2010


Top Ten Art Sales of 2010

1. Picasso, Nude, Green Leaves and Bust
£68 million ($106.5 million US)
One of a series of highly prized, intimate portraits Picasso painted in 1932 of his lover, Marie-Thérèse Walter With a $70m to $90m (£44-£57m) estimate, this one sold to an anonymous buyer and set a record for any work of art at auction.

2. Giacometti, Walking Man 1
£65 million ($1.3 million US)
Estimated at £12m to £18m, this was the work sparked a lengthy bidding battle before selling to a telephone bidder, later identified as the Brazilian billionaire Lily Safra.

3. Chinese Vase
£51.6 million ($79.5 million US)
Discovered in Pinner, north-west London, this rare, flashy decorated porcelain vase, probably made for a palace of the Emperor Qianlong in the 18th century, attracted Chinese dealers who drove the price to a record for any Chinese work of art.

4. Andy Warhol, Men in Her Life
£39 million ($60 million US)
Experts are puzzling how this painting, the most expensive in New York’s recent contemporary art sales, made more than Warhol’s trademark soup can paintings in the same week of sales.

5. J M W Turner, Modern Rome — Campo Vecchio
£29.7 million ($45.8 million US)
The flow of artwork from Britain’s stately homes continued when this painting, from the collection of the Earl of Rosebery, sold for an artist’s record to the J Paul Getty Museum.

6. Sir Lawrence Alma-Tadema, The Finding of Moses
£22 million (34 million US)
Highly prized when painted in 1904 but rejected when offered for nothing to British museums in the Sixties, this painting bounced back to fetch an astonishing record, 10 times its estimate, selling to a Middle Eastern buyer.

7. John Robert Cozens, The Lake of Albano and Castel Gandolfo
£2.4 million ($3.7 million US)
The star lot from a collection formed by fertility doctor, Prof Ian Craft, this moody panorama saw Canadian media tycoon, David Thomson, pay a quadruple estimate, record price to see off the competition.

8.Frank Auerbach, Mornington Crescent — Summer Morning
£2.3 million ($3.5 million US)
Auerbach, who will be 80 next year, has been enjoying a price boom and this was his highest price to date.

9. Sir Peter Paul Rubens (suspected), Portrait of a Bearded Man
£692,000 ($1 million US)
Catalogued as a 19th-century painting in the “manner of Rubens” with a £1,500 estimate, this sold to dealer Philip Mould, who believed it to be a genuine Rubens but has yet to exhibit it as such.

10. Ged Quinn – Jonestown Radio
£187,250 ($289,000 US)
White Cube gallery’s Jay Jopling, bought this for about £20,000 in 2005. This was only the third painting by the 47-year-old Briton to appear at auction. It sold to an Asian buyer whom Sotheby’s said had never heard of Quinn before this sale.


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