Old Masters Academy

Posts Tagged "auction records"

Picasso painting can be sold at Christie’s

A judge ruled Tuesday that a Picasso painting can be sold at auction, despite a claim that its former owner was forced by the Nazis to sell it in the 1930s because his family descended from Jews.  U.S. District Judge Jed S. Rakoff issued the order four days after Julius H. Schoeps, an heir to Berlin banker Paul von Mendelssohn-Bartholdy, filed a lawsuit in Manhattan to stop the sale. The judge had temporarily blocked the auction of “Portrait de Angel Fernandez de Soto”. The painting, expected to fetch up to $60 million, was scheduled to be sold at Christie’s “Portrait de Angel Fernandez de Soto” on Wednesday.  The painting of de Soto, who shared a studio with Pablo Picasso, is being…

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Turner’s Rome view painting sells for RECORD £29.7 Millions

Turner’s Rome view painting sells for RECORD £29.7 Millions

An 1839 Turner masterpiece of a view of Rome has sold for £29.7m in London, breaking the artist’s auction record. Modern Rome – Campo Vaccino sold in five minutes with six bidders battling for the work which has only come up for sale once before, Sotheby’s said. The previous record was the £20.5m paid in 2006 for Venice painting Giudecca, La Donna della Salute and San Giorgio. Modern Rome, which had an estimate of £12m-£18m, was the top seller at the Old Master and British Paintings sale. Other highlights included Dutch artist Jan Lievens’ study of the head and shoulders of an old bearded man wearing a cap (circa 1629), which brought £2.5m against an estimate of £2-3m. TURNER AUCTIONS:…

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