Impressionist and Modern Art

Two Cubist works by Fernand Léger (1881-1955) lead a potentially lucrative line-up of pictures at Chicago saleroom Leslie Hindman’s auction next month.

Phillips have negotiated the private sale of ‘Baile en Tehuantepec’ by Diego Rivera (1886-1957) for $15.75m (£12m), a price which they claim is a record for any piece of Latin American art.

A Paris art dealer was placed under renewed investigation last week in the latest twist involving the alleged theft of three works from Pablo Picasso’s stepdaughter.

The latest themed auction held by Christie’s was their ‘Defining British Art’ evening sale in London. View ATG’s selection of 10 highlights here.

An 1885 Paul Gauguin (1848-1903) oil, ‘hidden in plain sight’ for decades, carries an estimate of $800,000-$1.2m at Litchfield County Auctions’ June 29-30 sale in the US.

In a difficult evening sale of Impressionist and Modern art at Christie’s, Amedeo Modigliani’s (1884-1920) portrait of Madame Hanka Zborowska was one of few highpoints.

It was a pretty short sale. Sotheby’s evening sale of Impressionist and Modern art auction last night offered just 27 lots and took less than 90 minutes to complete.

The David Zwirner Gallery has been appointed worldwide representative for selling works from the Josef and Anni Albers Foundation, after a competitive, open competition between four galleries.

Just under $1.2bn changed hands at the top-end of the art market in New York this week as Sotheby’s, Christie’s and Phillips all held their Impressionist, Modern and Contemporary auctions over seven days for the first time. Here is ATG’s pick of individual highlights sold across the week.

A large drawing by Edgar Degas (1834-1917) which has never been exhibited before has gone on display at Pallant House Gallery after being acquired by the Chichester gallery via the Acceptance in Lieu scheme.

Melanie Clore, Sotheby’s European chairman and co-chairman of Impressionist & Modern art, is leaving at the end of February after 35 years at the auction house.

In a week of varying results, the Impressionist, Modern and Surrealist Art sales at Christie's and Sotheby's London took £228.8m with premium in total (compared with £381.4m for the equivalent series last year).

A painting of a Parisian street scene stolen in New York has been recovered by the Art Recovery Group. The painting had been consigned to a Miami art gallery in November last year by a private individual.

Sotheby’s are following Christie’s by staging their flagship New York May auctions of Impressionist & Modern art and Contemporary art in a single week.

The large sums of money changing hands at the top end of the Impressionist, Modern and Contemporary art market was underlined at the latest auctions in New York.

Christie’s latest cross-category sale entitled The Artist’s Muse set the second highest ever auction price for a work of art when Amedeo Modigliani’s Nu couché (Reclining nude) sold at $152m (£104.8m).

Christie’s have announced a major highlight for the upcoming New York auction series. They are offering Amedeo Modigliani’s Nu couché (Reclining Nude) which they have estimated at in excess of $100m.

A group of restituted paintings were among the highlights of a robust series of Impressionist and Modern art auctions in London.

A new high for any work of art sold at auction came at Christie’s New York last night as Pablo Picasso’s ‘Les femmes d’Alger (Version ‘O’)’ sold at $160m (£108.1m).