Skip to main content
  • Editions
    • International
    • China
    • France
    • India
    • Australia
    • United Kingdom
    • Hong Kong
    • Canada
    • Brazil
    • Germany
    • Russia
  • Magazines
    • Art+Auction

      Modern Painters

  • Blogs
  • Videos
  • Photo Galleries
  • Blouin Art Sales Index
  • Gallery Guide
  • Art Sites
  • Boutique
  • Log in

    Not a member?

    Sign up

    Log in

    |Forgot your password?
    OR
    Sign up
  • Sign up
Home
  • Visual Arts
    • Visual Arts Home
    • Contemporary Art
    • Old Masters/Renaissance
    • Impressionism & Modern Art
    • Ancient Arts & Antiques
    • Traditional Arts
    • Museums
    • Reviews
    • Columnists
    • Features
  • Performing Arts
    • Performing Arts Home
    • Film
    • Music
    • Theater & Dance
  • Architecture & Design
    • Architecture & Design Home
    • Design
    • Architecture
  • Artists
  • ART PRICES
  • Market News
    • Market News Home
    • Art Fairs
    • Auctions
    • Collecting
    • Galleries
    • Databank
    • Art & Crime
    • ART PRICES
    • Columnists
  • Style & Society
    • Style Home
    • ART Parties/Scene
    • Fashion
    • Food & Wine
    • Jewelry & Watches
    • Autos & Boats
  • Events
  • Travel
  • Blogs
  • Videos
  • Slideshows
  • Newsletter Sign Up
  • Homepage RSS
  • facebook
  • twitter
  • foursquare
  • tumblr

Search form

International Edition
May 24, 2012 Last Updated: 4:11:AM EDT

A Record-Smashing, $44.9 Million Turner Scores a Victory for Sotheby's

Undefined

A Record-Smashing, $44.9 Million Turner Scores a Victory for Sotheby's

  • Email
  • Print
  • Save
  • Tweet
  • Pin It
by Andrew Russeth
Published: July 8, 2010

On the strength of a single J.M.W. Turner landscape that sold for a staggering £29,721,250 ($44.9 million) in London tonight, Sotheby’s vanquished its arch rival Christie’s in this week’s Old Master evening auctions. The house brought in a haul of £53,484,350 ($81.3 million), easily besting the £50.8 million high estimate it had placed on the sale. In comparison, Christie’s brought in £42.3 million ($64.3 million) yesterday during a sale that witnessed eight new artist records.

Sotheby’s positioned the Turner landscape, Modern Rome – Campo Vaccino at the conclusion of the auction, forcing watchers to wait nervously for the lot to be offered. It was worth the wait: the work set a new record for the artist at auction when it was snapped up by the J. Paul Getty Museum. Given demand for choice works by the English Romantic painter and this specific work’s remarkable provenance (it was once in the collection of British Prime Minister Archibald Primrose), some insiders argued that the work’s £12–18 million estimate was a bit modest, and they turned out to be right. It was the second-most-expensive work sold in London this auction season. (Picasso's Blue Period Portrait d’ Angel Fernandez de Soto earned first place in that category, having sold for £34,761,250 ($51,585,695) at Christie's last month.)

However, another Turner painting, Venice from Fusilia, which had been placed two lots before the Roman scene, performed just as expected, making £825,250 ($1.25 million) on a £700,000 to £1 million estimate. Work by another English Romantic, John Constable, a contemporary of Turner, also had a strong day, with one of Constable's cloud studies hammering for £241,500 ($367,000) with premium, almost directly at the center of its £200–300,000 estimate.

Other lots in the sale failed to garner even one-tenth the price of the Turner. Second-place honors were shared by a Pieter Brueghel the Younger scene and a portrait by Jan Lievens, with each work selling for £2,505,250 ($3.81 million). Brueghel’s oil on oak panel work, The Kermesse of Saint George with the Dance Around the Maypole Tree, one of eight or nine identically-sized versions that the artist painted of a rustic country festival scene, neared the top end of its £2.2–2.6 million estimate, while the cost of the Lievens, in contrast, fell squarely in the center of the work's expansive £2–3 million estimate.

In a remarkable coincidence, two Brueghel brothers shared the fifth place spot for separate paintings, with each earning £1,609,250 ($2.45 million). Here, Jan Brueghel the Elders village landscape was the more surprising performer, slipping past its £1.2 million high estimate by more than £400,000, while the Brueghel the Younger’s bawdier scene, of an outdoor wedding feast, beat its £1.3 million high estimate by just more than £300,000. The feast in question is among the artist’s most iconic scenes, represented in at least 60 separate paintings.

After mixed results at sales of Impressionist, Modern, postwar, and contemporary art in London over the past two weeks, the banner numbers at Old Master sales this week should provide some welcome relief for both major auction houses as the quieter summer season begins.

Like what you see?

Sign up for our DAILY NEWSLETTER and get our best stories delivered to your inbox.

Go to top ↑
Array
Share:
  • Tweet
  • Email to a Friend

Comments

0 Comments
+ Add Yours
Log in or register to post comments
Oldest first Newest first

Most Popular

Viral Fashion: How the Facebook Wedding Dress Turned Priscilla Chan Into an Unlikely Style Star
The ARTINFO Bookshelf: 40 Books That Every Artist Should Own, Part II
K8 Hardy Ripped Fashion a New One at Her Riotous Whitney Biennial Runway Show
"When You Interrupt Us, You Have to Deal With Us": Murray Moss Invites You to Intrude at His Midtown Lab
Reagan's Blood, Bieber's Hair, Ally McBeal's PJs: 10 Freakish Items From PFCAuctions's Current Online Sale
The ARTINFO Bookshelf: 40 Books That Every Artist Should Own, Part I
Are We in an Anish Kapoor Bubble? Two Barbara Gladstone Shows Point to the Affirmative

Popular on Social Media

  • "I Don't Like the Term Installation": Daniel Buren on His Grand Palais-Filling Monumenta Show
  • Is Antony Gormley Plotting His Own Foundation in Norfolk?
  • Garage Sale at 11 West 53rd Street! MoMA Curator Sabine Breitwieser on Crowdsourcing Junk for Martha Rosler
  • What If Your Prized Painting Turns Out to Be Nazi Loot? The Niche Market for Art Title Insurance
  • Sale of the Week, May 27-June 2: Christie's Week-Long Hong Kong Auctions Cater to Every Taste
  • Allen Jones, Table (detail), 1969
    Allen Jones's Soft Porn Sculptures Spice Up Sotheby's Gunter Sachs Evening Sale, but Warhol Dominates
  • "When You Interrupt Us, You Have to Deal With Us": Murray Moss Invites You to Intrude at His Midtown Lab
  • K8 Hardy Ripped Fashion a New One at Her Riotous Whitney Biennial Runway Show
  • Viral Fashion: How the Facebook Wedding Dress Turned Priscilla Chan Into an Unlikely Style Star
  • Bonhams Australia Present Six Auctions of Amazing Art and Antiques from May 27 to 29

GO TO:

Home page

Editorial

  • Visual Arts
  • Performing Arts
  • Architecture & Design
  • Artists
  • ART PRICES
  • Market News
  • Style & Society
  • Events
  • Travel
  • Blogs
  • Videos
  • Slideshows

Products

  • Magazines
  • Gallery Guide
  • Blouin Art Sales Index
  • Somogy
  • Art Sites
  • Art Jobs

Louise Blouin Media

  • About Us
  • Subscriptions
  • Advertise
  • Contact Us
  • Louise Blouin Foundation
  • RSS
Copyright © 2012 All rights reserved. Use of the site constitutes agreement with our Privacy Policy and User Agreement.