Contemporary Art Auction

Sotheby's

7 PM, May 17, 2000

"Yellow Over Purple" by Mark Rothko

Lot 33, "Yellow Over Purple," by Mark Rothko (1903-1970), a 69 ½-by-59 3/8-inch oil on canvas, 1956

By Carter B. Horsley

If there was any doubt that the recent slide in the stock markets might affect the art market's major spring auctions, this auction put such fears to rest as it was very strong. More than 95 percent of the 70 offered lots sold for a total of more than $46 million in a sale that had had a high pre-sale estimate of only $41 million.

Auction records were set for 17 artists, besting the previous night achievement at the contemporary art auction at Christie's at which 15 such records were set.

The star of this auction was Lot 33, "Yellow Over Purple," shown above, a large and classic abstract painting by Mark Rothko (1903-1970), that sold for $14,305,750, a record for the artist and more than double the work's low estimate. The 69 ½-by-59 3/8-inch oil on canvas work was formerly in the collection of Mr. and Mrs. Morton G. Newman and had been exhibited at the National Gallery of Art in Washington, D.C., from 1980-1. The work was executed in 1956. (See The City Review article on a major Rothko museum exhibition.)

Natalie Wood painting by Andy Warhol

Lot 31, oil by Andy Warhol, on the auction block with Tobias Meyer, right, in podium, taking bids, and William Ruprecht, CEO of Sotheby's, at far right

A large Andy Warhol (1928-1987) painting of multiple images of actress Natalie Wood, Lot 31, shown above, that was formerly in the collection of Mr. and Mrs. Si Newhouse Jr., sold for $2,755,750, way over its high estimate of $1.5 million. The 83-by-63-inch oil on canvas, shown above, was executed in 1962.

"Mao" by Andy Warhol

Lot 50, "Mao," by Andy Warhol, 50 by 42 inches

Another Warhol, Lot 50, "Mao," a synthetic polymer and silkscreen ink on canvas, 50 by 42 inches, shown above, sold within its estimates at a hammer price of $420,000. The catalogue noted that "In this explosive, exquisitely painted canvas, Warhol transforms Mao's inscrutable mask into an attractive, almost congenial caricature."

"Untitled" by Clyfford Still

Lot 42, untitled oil on canvas, by Clyfford Still, 69 by 42 3/4 inches, 1947

While Rothko and Warhol are major names whose works appear fairly regularly on the market, Clyfford Still is one of the giants of abstract expressionism whose works are very rare. Lot 42, an untitled oil on canvas, 69 by 42 ¾ inches, sold for $1,710,750, surpassing the previous world auction record of $1,100,000 for this very important artist. It had been estimated at $500,000 to $700,000. While not one of his largest works, the painting, shown above, was particularly strong. It was executed in 1947 and Tobias Meyer, the auctioneer, said after the sale that the work had been auctioned before at Sotheby's in the mid 1990s when it sold for about $500,000.

A very striking deep ultramarine blue work by Yves Klein (1928-1962), "RE 40," a sponge and pigment in synthetic resin on panel, 78 ¾ by 59 inches, Lot 64, sold within its estimates for $2,095,750, another auction record. The catalogue remarked that "with its irregular pattern of sponges interrupting the otherwise seamless blue canvas, it alludes to the fantasies of other, unearthly territories…"

"Rain Forest," Lot 22, by Brice Marden (b. 1938) sold just over its low estimate for $1,545,750, enough for a world auction record for the artist. The 60 ¼-by-105-inch oil and wax on linen, in three parts, was created in 1977.

"Untitled VI" by de Kooning

Lot 44, "Untitled VI," by Willem de Kooning, oil on canvas, 80 by 70 inches, 1975, shown on easel at auction

Willem de Kooning (1904-1997)(See The City Review article on the de Kooning exhibition at the Museum of Modern Art in New York.) had three works on the block and all sold. Lot 44, "Untitled VI," a 80-by-70-inch oil on canvas, sold for $1,380,750, which was within its estimates. The work, shown above, was painted in 1975. The buyer, shown below, stood at the back at the packed room.

Buyer of de Kooning painting

Buyer of the de Kooning Lot 44, bidding at back of auction room among standees

The auction was attended by many major dealers included Irving Blum, Richard Feigen and Larry Gagosian, who was seen leaving the auction with Leonard Riggio, the chairman of Barnes & Noble.

"Brown Derby Road" by Willem de Kooning

Lot 37, "Brown Derby Road," by Willem de Kooning, oil on canvas, 62 3/4 by 49 1/4 inches, 1958, shown at the auction

Another de Kooning, Lot 37, "Brown Derby Road," a 62 ¾-by-49 ¼-inch oil on canvas, shown above, was painted in 1958 and sold for a hammer price of $640,000, not reaching its low estimate of $800,000. In contrast, a smaller and quite stunning work by the artist, Lot 34, shown below, a 20 ½-by-15 ½-inch oil on paper laid down on canvas, exceeded its high estimate of $250,000 and was knocked down for $340,000. (See The City Review article on the artist.)

De Kooning painting

Lot 34, a 20 ½-by-15 ½-inch oil on paper laid down on canvas by Willem de Kooning

One of the three works that passed was Lot 40, "Vache au Genou Rouge, by Jean Dubuffet (1901-1985), one of his very pleasant cow pictures, shown below. The 38 ¼-by-51 1/8-inch oil on canvas was painted in 1954 and had a low estimate of $2 million. It was passed at $1.8 million. Another Dubuffet, Lot 46, however, "Deviseurs au Journal," a 31 7/8-by-39 3/8-inch oil on canvas, dated 1961, sold within its estimates for $720,750.

"Vache au Genou Rouge," by Jean Dubuffet

Lot 40, "Vache au Genou Rouge," by Jean Dubuffet, oil on canvas, 38 ¼ by 51 1/8 inches, 1954

Lot 47, "Day Pool with Three Blues (Paper Pool 7)," a 72-by-85 ½-inch colored, pressed paper pulp by David Hockney (b. 1937), sold for $665,750, surpassing the $522,378 previous world auction record for a work on paper by this artist. There apparently was some confusion as Laura Paulson, the head of the department who was standing next to Mr. Meyer taking telephone bids, thought she had indicated the winning $600,000 bid, but Mr. Meyer, who had knocked down his gavel, remained firm, as he should have.

Tobias Meyer and Laura Paulson

Tobias Meyer and Laura Paulson of the Contemporary Art Department

Lot 1, "Under the Eiffel Tower in Tokyo Lauwarm," a steel, wood, styrofoam, glass object with 48 framed photographs by Martin Kippenberger (1953-1997), sold for $64,000, an auction record for a sculpture by this artist. It was executed in 1990.

Lot 2, "Untitled (Cowboy), a pair of ektacolor prints, each 47 ¾ by 68 ¾ inches, by Richard Prince (b. 1949) sold for $269,000, surpassing the previous auction record of $151,000 for the artist. In one a cowboy is riding his horse and in the other horses are galloping, all reminiscent of a Marlboro ad. The catalogue said the work was unique.

Lot 5, "Plank Piece I-II," a pair of black-and-white photographs of the artist, Charles Ray (b. 1953), propped up against a wall by a plank, sold for $368,750, surpassing his former auction record of $288,500. The photographs, each 39 ½ by 27 inches, were created in 1973. This was an artist's proof from an edition of 7 and two artist's proofs.

Lot 10, "Prada III," an elegant work by Andreas Gursky (b. 1955) depicting several racks of shoes, sold for $181,750, surpassing his former auction record of $173,000. The c-print, which is number 5/6, measures 67 by 118 ¼ inches and was executed in 1998. It had a high estimate of $80,000.

A large self-portrait color photograph of Cindy Sherman (b. 1954) as a Renaissance lady, Lot 13, sold for $269,750, surpassing her former auction record of $200,500. The 57-by-41-inch photograph was executed in 1989 and is number 6 of an edition of 6.

Lot 17, "Amphotericin B," by Damien Hirst (b. 1965), set a new auction record for the artist of $335,750, considerably higher than his previous record for a painting of $202,885. The 120-by-132-inch glass household paint on canvas was painted in 1993.

A series of photographs entitled "Choosing (A Game for Two Players): Garlic," by John Baldessari (b 1931), Lot 19, sold for $207,750, surpassing the artist's previous auction record for a photograph of $68,500.

Lot 21, "Aluminum-Magnesium Alloy Square," by Carl Andre (b. 1935), sold for $401,750, surpassing the former auction record of $354,500 for the artist. The 100-unit square was executed in 1969.

A lovely black-and-white photograph of swirling light by Bruce Nauman (b. 1941), "Light Trap for Henry Moore, No. 1," Lot 25, sold for $533,750. His previous auction record for a photograph was $63,000.

An untitled work by Donald Judd (1928-1994), Lot 59, sold for $447,750, surpassing his previous auction record of $409,500. The blue lacquer on galvanized iron work, 5 by 25 ½ by 9 inches was dated 1967.

Lot 60, "Words," a 24 ½-inch square ink on paper mounted on canvas by Agnes Martin (b. 1912), sold for $291,750, surpassing the artist's previous auction record of $156,500 for a work on paper.

Lot 61, an untitled work resembling a yellow and black slightly repaired hula hoop by Martin Puryear (1941), sold for $489,750, surpassing his previous auction record of $376,500.

Lot 6, an untitled alkyd and acrylic on aluminum by Christopher Wool, (b. 1955), was knocked down for its low estimate of $80,000. Mr. Meyer, the auctioneer, Meyer appeared to be amused by the words on the object, "WANT TO BE YOUR DOG," which he read aloud.

Terriers by Koons

Lot 7, "Yorkshire Terriers," by Jeff Koons

"These dogs," Mr. Meyer announced with glee for the following lot, 7, "Yorkshire Terriers," by Jeff Koons (b. 1955). The polychromed wood sculpture was 17 ½ by 20 ½ by 17 inches and was executed in 1991 as the second of an edition of 3 plus one artist's proof. The work was sold for a hammer price of $230,000 and had a high estimate of $180,000. Another Koons, Lot 11, "Wall Relief with Bird," an impressive ornate floral display but not quite as charming as the terriers, sold within its estimate for a hammer price of $550,000.

Lot 12 was an interesting and rather pleasant and unoffensive work by Kiki Smith (b. 1954), a 63-by-18 ½-54-inch graphite on metho-cellulose with hand dyed Nepalese paper sculpture of a standing man with guts of multi-colored fabric falling from his gut. The 1993 work sold for a hammer price of $160,000 and had a high estimate of $120,000.

A quite mesmerizing and fine oil by Eric Fischl (b. 1948), Lot 14, "Woman Surrounded by Dogs," sold for a hammer price of $300,000, its low estimate. It was dated 1979.

Still life by Gerhard Richter

Lot 18, still life by Gerhard Richter, 1984

Lot 18 was one of the finest works in the auction, Lot 18, a still life, shown above, by Gerhard Richter of three apples, a 25 ¼-by-31 ½-inch oil on canvas, dated 1984. It sold for a hammer price of $630,000, which was within its estimates.

Lot 26, "Three Lead Coils," was an unusual, attractive work by Richard Serra (b. 1939), the artist famous for dividing Federal Plaza downtown with a large, high curved iron "arc." It sold for a hammer price of $220,000, more than double its low estimate.


Bidding in the room was quite lively.

"Mycenae" by Franz Kline

Lot 41, "Mycenae," by Franz Kline

Lot 41, "Mycenae," a very bold and fine large oil by Franz Kline (1910-1962) from the collection of Nancy and Benno Schmidt sold for a hammer price of $600,000, below its low estimate of $800,000.

After the sale, Mr. Meyer remarked that the Rothko was like a "Monet Cathedral" and that such supreme quality works "have the capacity to pull prices up." When asked to comment on the age of buyers of many of the photographic works in the sale, Mr. Meyer, smiling, said, "Annoyingly, younger than I am."

Use the Search Box below to quickly look up articles at this site on specific artists, architects, authors, buildings and other subjects

 

 

See The City Review article on the May 18, 2000 auction of Contemporary Art at Phillips

See The City Review article on the May 16, 2000 evening auction of Contemporary Art at Christie's

See The City Review article on the Fall, 1999 auction of Contemporary Art at Christie's

See The City Review article on the Sotheby's Nov. 17, 1999 auction of Contemporary Art

See The City Review article on the auctions of Contemporary Art from a European Private Collection and Contemporary Art, Part 2, at Sotheby's Nov. 18, 1999

See The City Review article on the May 18, 1999 Contemporary Art Auction at Sotheby's

See The City Review article on Contemporary Art Part 2 auction at Sotheby's May 19, 1999

See The City Review article on the Christie's, May 19, 1999 Contemporary Art auction

See The City Review article on the Christie's, May 20, 1999 Contemporary Art Part 2 auction

 

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