SOTHEBY`S CONTEMPORARY ART DOHA
Transcription
SOTHEBY`S CONTEMPORARY ART DOHA
Media Release 21 April 2015 London | Sarah Rustin | [email protected] | Matthew Weigman | [email protected] New York | Dan Abernethy | [email protected] | Doha | Alla Salem | [email protected] SOTHEBY’S CONTEMPORARY ART DOHA AUCTION TOTALS $7.5 MILLION Achieves Record Prices for 11 Artists Comfortably Within Pre-Sale Estimates Attracts Participation from 22 Countries Twelve Artists Sold for the First Time at Auction in the Middle East Kour Pour, Vik Muniz, Nejib Belkhodja, Christopher Wool, Etel Adnan, El Anatsui, Shaweesh, Wim Delvoye, Gouider Triki, Abdelaziz Gorgi, Mohamed Ben Allal, Jalel Ben Abdallah Doha, 21 April 2015, tonight’s Contemporary Art Doha auction achieved the strong total of $7,511,125, solidly between pre-sale expectations of $6,170,000 - 8,860,000.* The sale was 76% sold by lot and records were established for 11 artists.** The top lot of tonight’s sale was one of Christopher Wool’s earliest, most desirable and sought-after pattern paintings which fetched $1,330,000 – setting a new benchmark for a work by the artist in the Middle East (pictured above). In addition there were strong prices for other major international Contemporary artists such as Anish Kapoor and Rudolf Stingel, while top-calibre works by leading Arab & Iranian artists particularly those from Egypt & Lebanon also performed well. Lina Lazaar, Sotheby's Director, International contemporary Art, said: "Following hot on the heels of our October sale of Contemporary art in Doha, we were delighted that our 2015 sale was again greeted with such enthusiasm by local, regional and international participants, spanning the US, right across Europe and the Middle East as well as Asia. Once more we saw a number of artist records established – as many as eleven – and strong prices achieved for artists who were offered at auction in the Middle East for the very first time. Tonight’s total was a rewarding result; it very much reflects our desire to make each sale we hold in Doha a new and exciting experience as much as it is an opportunity to buy top calibre international art within the region.” Aileen Agopian, Sotheby's Senior Vice President, International Contemporary Art Specialist, said: "“With as many as 22 countries participating in tonight’s sale, we saw lively bidding both in the room and from our international phone bidders, demonstrating that our Doha sales consistently draw an international audience. It’s noteworthy that there is an equal balance among the top ten lots in tonight’s sale between International and Middle Eastern artists. While the high-quality offering in tonight’s auction was worthy of any one of Sotheby’s international selling locations, participants tonight heartily indicated that Doha is a unique and ideal location to acquire outstanding works and see strong prices achieved for both new and established International and Middle Eastern artists.” HIGHLIGHTS The top lot of the sale was a bold, graphic Untitled Christopher Wool work which fetched $1,330,000 (est. $1/1.5 million, pictured above left). The piece was created between 1986 -1987 and is one of the artist's earliest, most desirable and sought-after pattern paintings. Anish Kapoor’s Untitled from the artist’s Pixelated Disk series was a further highlight, realising $1,030,000 (est. $800,000/1.2m, above right). The perfect concave sphere of Untitled instantly enshrouds the viewer into its welcoming, yet slightly disconcerting, infinite space with the concave form capturing the eternally changing natural world within its fixed, artificial grasp. Internationally revered artist Rudolf Stingel’s Untitled from 2001 sold for $790,000 (est. $600,000/800,000, above center). The work from the artist’s desired Celotex series of paintings, is a sumptuous and shimmering canvas in which the artist captures the passage of time. 2 El Anatsui’s Introvert, a found aluminium and copper wire installation that exemplifies Anatsui’s signatory method of artistic production coupled with his principal ideology of reassigning purpose to waste sold for $910,000 (est. $700,000/1 million, above left). The Shrine from 2011 by internationally acclaimed artist Ali Banisadr soared over the high estimate to achieve $237,500 (est. $100/150,000, above center left) just six months after Sotheby’s set a record for the artist in Doha with The Chase. Ayman Baalbaki’s Al-Mulatham from 2009 which, like many of the artist’s major works, depicts the shrouded face of a lone, heroic figure gazing up to the skies fetched $187,500 (est. $80/120,000, above center right). Ramses Younan’s Untitled from 1945 sold for $137,500 (est. $60/80,000, above right), the sale marked a rare appearance at auction for a work by the Egyptian artist who was instrumental to the Art and Freedom Movement. RECORD PRICES ACHIEVED TONIGHT FOR ARTISTS AT AUCTION Lot 5 Kour Pour Love Child Est. $70,000 – 90,000 Sold for $162,500 Lot 13 Nejib Belkhodja Medina entre deux orages Est. $150,000 – 200,000 Sold for $187,500 Lot 15 Abdullah Qandeel The Race Est. $20,000 – 30,000 Sold for $274,000 Lot 31 Shaweesh Captain America (The Refugees) Est. $7,000 – 10,000 Sold for $15,000 3 Lot 32 Walid Ra’ad Scratching on things I could disavow (parts 2-5) Est. $40,000 – 60,000 Sold for $87,500 Lot 38 Gouider Triki Untitled 6 Est. $20,000 – 30,000 Sold for $25,000 Lot 47 Ramses Younan Untitled Est. $60,000- 80,000 Sold for $137,500 Lot 48 Mahjoub Ben Bella Untitled Est. $50,000 – 70,000 Sold for $68,750 Lot 49 Mohamed Abo Khalil Lotfy Untitled Est. $10,000 – 15,000 Sold for $13,750 Lot 53 Abdelaziz Gorgi Joueurs de Chkoba ; Veillée du Ramadan (Chokba Players ; Eve of Ramadan) Est. $30,000 – 40,000 Sold for $43,750 Lot 56 Inji Aflatoun L’Or Blanc (White Gold) Est. $20,000 -30,000 Sold for $68,750 *Estimates do not include buyer’s premium ** Artists whose works were offered at auction for the first time are not included among the 13 records achieved tonight. 4 FOR MORE NEWS FROM SOTHEBY’S Follow: www.twitter.com/sothebys & www.weibo.com/sothebyshongkong & WeChat (ID: sothebyshongkong) Join: www.facebook.com/sothebys Watch: www.youtube.com/sothebys Sotheby’s has been uniting collectors with world-class works of art since 1744. Sotheby’s became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973), India (1992) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby’s presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sotheby’s BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sotheby’s offers collectors the resources of Sotheby’s Financial Services, the world’s only full-service art financing company, as well as private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Contemporary Art department, and two retail businesses, Sotheby’s Diamonds and Sotheby’s Wine. Sotheby’s has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID). Images are available upon request All catalogues are available online at www.sothebys.com or through Sotheby’s Catalogue iPad App. 5