23/11/2001
by Luisa Vassallo
Following the 19th century art sales held in New
York at the beginning of November, Christie’s and Sotheby’s have been holding
their 19th Century European Art auctions in London over the last
two weeks. Sotheby’s sale was considerably more successful, with over 75% of
sales coming from the first session dedicated to Spanish paintings.
Christie’s was first on the scene at their King Street headquarters with a sale
on the 9th of November that comprised 113 lots. The auction raised
a total of $ 2,091,278 (€ 2,382,792), with 61% of the works remaining unsold
as the sales rate fell below recent trends. This was the fate of the star lot,
Gustave Moreau’s signed Sainte Cécile (Les Anges lui annoncent son
prochain martyre), featured on the front cover of the catalogue. Estimated
at $ 706,600-990,000 (€ 805,300-1,127,300), this ornate and rich oil, typical
of the French artist’s late work, failed to reach its reserve price despite
the extensive literature.
The sale began with a selection of twelve Spanish paintings, eight of which
found buyers, mainly within estimated values. Two paintings by the Andalusian-born
Joaquin Sorolla y Bastida, one of the leading Spanish 19th century
artists, went unsold: a Portrait of Basil Mundy (estimate $ 70,500-98,700,
€ 80,200-112,300) that was new to the market and a patio view (estimate $ 141,240-211,870,
€ 160,650-241,000) produced near the end of his life (other pictures from the
series being in museum collections). A good reception on the other hand was reserved
for Julio Romero de Torres, whose La salud stood out of the selection
on account of its modern approach. This signed oil on canvas, measuring 121
x 82 cm, eventually went for $ 89,190 (€ 101,460) more than doubling its high-end
estimate.
The top price was fetched by a Dutch artist. Petrus van Schendel’s evocative
1861 Night market in Antwerp. This large (123.7 x 102.2 cm) signed oil
was sold for $ 160,500 (€ 183,000) within its estimate of $ 141,170-211,773
(€ 160,874-241,311), helped by the fact that the painting had been exhibited
in London by Richard Green Gallery in 1998 and more recently in 2000 at the
Van Gogh Museum in Amsterdam. Another good performance came from the Peruvian
Federico del Campo, whose Grand Canal, Venice was finally acquired for
$ 148,230 (€ 168,670) against an estimate of $ 84,740-112,990 (€ 96,410-128,570),
confirming the British market’s taste for vedute of Venice, even those
executed a century after Canaletto, the undisputed master of this genre.
Several attractive female portraits were of particular interest to private collectors.
The Austrian Hans Makart’s Portrait of Gräffin Pálffy posted
the third highest price, selling within estimate for $ 129,700 (€ 147,570).
This elaborate oil on panel, depicting the sitter praying with a rosary in her
hands, had been in Austrian and Swiss collections in the last century and was
new to the London market. Beautiful Betty, a bust-length portrait by
Albert Lynch, another Peruvian artist, tripled its low-end estimate to fetch
$ 43,180 (€ 49,120). Finally, two signed portraits of young girls by the Russian
Alexis Harlamoff were sold, the smaller of the two oils (41.5 x 33.3 cm) fetching
$ 101,700 (€ 115,680), doubling its high-end estimate.
On the 19th of November Sotheby’s held their 19th Century
European Paintings auction that proved to be more of a success. The sale was
divided in two sessions and made a total of $ 7,364,899 (€ 8,357,634), selling
just over 51% of the 165 lots on offer, in line with sales rates seen at the
19th century auctions held in New York earlier in the month. The
first section was dedicated to Spanish paintings from 1850-1930 and presented
a selection of 81 lots that went for a total of $ 5,659,052 (€ 8,357,634), over
three-quarters of the final figure. With the focus of the sale on Spanish pictures,
it was predictable that they would dominate proceedings. There was a strong
demand from private collectors for top works by artists like Joaquin Sorolla
y Bastida, whose Clotilde y Elena en las Rocas was the top pick. This
luminous signed oil (90 x 125 cm) from 1905, depicting a coastal scene with
the artist’s wife and daughter, was acquired in 1906 and has not been on the
market since, increasing its desirability. Against an estimate of $ 1,413,820-2,120,780
(€ 1,607,950-2,411,950) the painting was eventually sold for $ 2,503,550 (€
2,847,450). Another success was claimed by Vendimiadores by the Basque
Ignacio Zuloaga, a very large oil on canvas (213 x 191 cm) depicting grape pickers
and celebrating honest labour, reflecting the ideals of the artist. The painting,
which had been in the Steinbart Collection in Berlin and which was returned
to the vendor only this year, topped its estimate of $ 113,100-169,660 (€ 128,620-192,940)
finally selling once again to a private bidder for $ 332,910 (€ 378,600).
Several good prices were fetched by non-Spanish artists, the highest of which
was the Swede August Strindberg, whose expressionistic The Danube flooding
its banks, a small signed and inscribed oil on board (44 x 33 cm), was the
object of intense telephone bidding. The sale was certainly helped by the fact
that the painting had been part of the collection of the Museum of Cultural
History in Lund until 1989 and had been extensively exhibited. The painting
finally fetched the third-highest price in the auction, going for $ 434,400
(€ 494,000) just above its high-end estimate.
Alexis Harlamoff did well in the sales at both auction houses. At Sotheby’s
two portraits of young girls by the artist were included in the top ten prices.
The flower girl, a depiction of beauty and innocence revealing the influence
of Rembrandt and Harlamoff’s Impressionist contemporaries, was acquired by an
anonymous buyer for an impressive $ 293,900 (€ 334,180) against an estimate
of $ 113,100-169,660 (€ 128,620-192,940).
The overall results posted by the two leading auction houses confirmed London
as an important market for 19th century art, while the demand from
buyers for top quality works reflects just how selective the market has become,
particularly in view of ongoing international turmoil. The auctions pointed
up the growing strength of the market for 19th Century paintings
by the Spanish School and the continuing appeal of themed sales. However, good
prices were also established by other European artists, with a particular demand
for Russian and Scandinavian works.
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