Breaking News: Lempertz Auction Typically Exceeds Expectations in Old Art Segment
In a thrilling auction event held by Lempertz, several masterpieces from the old art collection drew extraordinary bids, leaving art enthusiasts and collectors abuzz. The auction’s standout moment was the 1.1 million euro surcharge on Oskar Schlemmer’s “Composition on Pink,” which reset expectations for modern art pieces. This news piece is brought to you by archyde.com, your go-to source for up-to-date and breaking news in the art world.
Jan Davidszoon de Heem’s Magnificent Flower Still Life Hits New Heights
The highlighted piece for many art connoisseurs was Jan Davidszoon de Heem’s flower still life, which not only met but exceeded its estimated value by 2.8 million euros. This contributing factor has solidified its status as a masterpiece worth investing in for any serious art collector. This artwork exemplifies the enduring appeal of classic floral still life paintings, making it a treasured item in any collection.
Bosch-Style Painting Creates Longest Bidding Scene
Another visually striking piece was a Bosch-inspired oil painting, possibly created by an unknown successor. This work, impressed with the “Vision of the Tondalus,” received the longest bidding competition and the greatest price inclination, reaching 720,000 euros net. The painting draws its inspiration from a medieval Irish tale, offering a rich tapestry of grotesque figuresin the distinct style of Hieronymus Bosch, enhancing its allure and value.
Old Masters and Modern Marvels
While other notable pieces like Hans Hoffmann’s “Ecce Homo” failed to sell, Lorenzo di Credi’s delicate breastfeeding Blessed Mother found a new owner at a price of 95,000 euros. For those keen on investing in modern art, Oskar Schlemmer and Max Ernst’s pieces were particularly shinning spots. Ernst’s bronze “Mon Ami Pierrot” had a remarkable increase, ultimately fetching 260,000 euros above its estimated value.
A Veritable Feast for Art Historians
The auction also featured a piece from the Regensburg silver find, which was anticipated to go for 100,000-120,000 euros but was acquired by a collector for 260,000 euros. This significant surge shows how rare and historical pieces capture the essence of their era, making them invaluable to both historians and collectors. It underscores the importance of understanding the provenance of pieces in the art market.
Contemporary Art Shows Strong Competition
In contrast to the old masters, the modern art segment featured surprises like Makowskij’s Easter prayer scene which saw a 100,000 euros surcharge. The contemporary art topper was Zdeněk Sýkora’s “Lines No. 22,” which astonished everyone by securing 480,000 euros. This segment showed robust competition and solidified the growing appreciation for modern and contemporary art.
The Future of Auctions: Digital Renovations and Fresh Lives
The auction also included 21 works from the estate of Oskar Schlemmer, including a reconstructed piece “Composition on Pink” that had been in the museum of modern art in Vienna until 2008. Despite remaining behind expectations, the piece highlighted the resilience and everlasting appeal ofSchlemmer’s creations which could be a leading indicator for the future of art auctions.
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