3/19/2008

Φαβορί τα εργα της συλλογής Ιόλα στο χρηματιστήριο Τέχνης

"Watchman, What of the Night"  by Matta
Lot 23, "Watchman, What of The Night?" by Matta, oil on canvas, oil on canvas, 118 by 391 1/4 inches, 1968


This evening auction of Latin American Art at Christie's November 15, 2006 is highlighted by a spectacular and huge oil on canvas by Matta (1911-2002), entitled "Watchman, What of the Night?" that inexplicably is being deaccessioned by The Metropolitan Museum of Art.

The monumental work measures 118 by 391 1/4 inches and was executed in 1968. It was given to the museum in 1984 by Alexander Iolas of Athens.

The painting, the catalogue entry for this lot maintained, "is an epic mural that brings together Matta's vocabulary of abstract forms - biomorphic lines and fluid shapes in explosive yellows, reds and greens against the nocturnal penumbra - along with characters that seem born of nightmarish visions. Masterful draftsmanship and sublime painterly effects create an expansive, vastness of space shifting before our eyes. It is the stage for an apocalyptic scene in which fallen bodies and imploring figures capitulate to weapon-bearing creatures in the midst of this incendiary landscape in flux."

The lot has a very conservative estimate of $500,000 to $700,000. It sold for $990,400 including the buyer's premium as do all results mentioned in this article. It was the highest price realized in the evening sale in which about 75 percent of the 65 offered lots sold for $9,031,600. The pre-sale estimate for the evening session $9,880,000 to $13,010,000.

The auction set the following 10 records:

"Tocador de trombeta," a 1958 oil on canvas on Candido Portinari (1903-1962), sold for $721,600, way over its high estimate of $400,000. The previous record of $275,000 was set at Christie's November 21, 1988. The work measures 39 1/4 by 32 inches and was consigned by the Detroit Institute of Arts to benefit its acquisition fund.

"Untitled," is a 1964 work by Mira Schendel (1919-1988) that had a high estimate of $250,000 and sold for $284,800 to an institution. A tempera and oil on wood, it measures 55 1/2 by 45 inches.

"Autorretato," a handsome, 1945 self-portrait by Carlos Merida, sold for $114,000 just over the artist's previous world auction record set at Christie's May 28, 1998. An oil on canvas, it measures 39 1/2 by 32 inches.

"Ecriture, N.Y." by Soto
Lot 61, "Ecriture, N.Y.," by Jesus Rafael Soto,

"Ecriture, N.Y.," a very large and impressive work by Jesus Rafael Soto (1923-2005), had a high estimate of $200,000 and sold for $262,400. The wood, aluminum and nylon work measurs 82 3/4 by 198 3/4 by 14 inches.

Elevadores," by Alfredo Guttero (1882-1932), sold for $90,000, just over his previous auction record of $87,750 set at Sotheby's May 18, 1995. It is an oil on board that measures 23 1/4 by 27 1/2 inches.

"Bandeirinbas," a 1960 work by Alfredo Volpi (1896-1988), sold for $192,000, way over his previous record of $47,800 set at Christie's May 28, 2002. A tempera on canvas, it measures 26 1/2 by 53 1/2 inches.

"Serie 29D No. 1-1, 8-8 1-1 8-8," by Julio le Parc (b. 1928), sold for $45,600, almost double his previous auction record set at Christie's May 31, 2001. The work is an acrylic on canvas that measurs 67 1/4 inches square. It was executed in 1970.

"A Razao e a Loucura (Reason/Madness)," by Cildo Meireles (b. 1948), sold for $84,000, the artist's first time at auction. The work consists of two sections made out of bamboo, metal chains, padlock and key and was executed in 1975-6.

"Untitled," a 2004 work by Carlos Amorales (b. 1970), sold for $22,800, nicely over the previous record of $18,000 set last May 25 at Christie's. The work is an oil on canvas that measures 59 1/4 by 78 3/4 inches.

"Covent Garden V," a 2005 work by Guillermo Kuitca (b. 1961), sold for $66,000, establishing a new record for a work on paper by the artist. The collage measures 58 1/2 inches square.

"Dos personajes en un interior" by Tamayo
Lot 47, "Dos personajes en un interior," by Rufino Tamayo, oil on canvas, 38 1/2 by 51 1/4 inches, 1970

Lot 47 is a strong and lovely oil on canvas by Rufino Tamayo (1899-1991) entitled "Dos personajes en un interior." It was painted in 1970 and measures 38 1/2 by 51 1/4 inches. It has an estimate of $300,000 to $400,000. It sold for $352,000.

"Junta Militar" by Botero
"Junta Militar," by Fernando Botero, oil on canvas, 92 by 76 1/2 inches, 1973

Lot 42 is a large and classic work by Fernando Botero (b. 1932) entitled "Junta Militar." An oil on canvas, it measures 92 by 76 1/2 inches and was executed in 1973. It has an estimate of $750,000 to $950,000 and was once in the Harry Abrams Collection. It sold for $912,000 to an American private collector.

Virgilio Garza, the head of Christie's Latin American Art Department, said after the sale that "with the excellent results achieved for Fernando Botero Christie's again firmly cemented Botero's international reputation and appeal."

"La gran meretriz" by Orozco
Lot 16, "La gran meretriz," by Jose Clemente Orozco, tempera on paper, 35 1/2 by 45 1/4 inches, 1944

Jose Clemente Orozco (1883-1949) was one of Mexico's great muralists. Lot 16, "La gran meretriz," is a large and amusing tempera on paper that measures 35 1/2 by 45 1/4 inches. Executed in 1944, it has an estimate of $100,000 to $150,000. It was passed at $90,000.

"A Warning to Mother" by Carrington
Lot 27, "A Warning to Mother," by Leonora Carrington, oil on canvas, 24 by 20 inches, 1973

Leonora Carrington (b. 1917) creates visions of mystery that conjure magic and surreal and often humorous worlds. Lot 27, "A Warning to Mother," is a superb and very colorful oil on canvas that she executed in 1973. It measures 24 by 20 inches and has a modest estimate of $90,000 to $120,000. It sold for $132,000.

"Frightened Nude," by Morales
Lot 40, "Frightened Nude," by Armando Morales, oil on canvas, 38 3/4 by 51 1/8 inches, 1987

Armando Morales (b. 1927) is an extremely painterly artist whose paintings conjure statues in ghostly light. Lot 40 is a fine and large oil on canvas by him entitled "Frightened Nude. It was executed in 1987 and measures 38 3/4 by 51 1/8 inches. It has an estimate of $150,000 to $200,000. It was passed a $110,000.

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