Impressionist and Modern Art

Contemporary art shines in London: The February round of Impressionist, Modern and Contemporary sales in London gave plenty of evidence that the top end of the art market has made a strong recovery from last year’s bout of Iraq War syndrome.

Using the incentive of financial guarantees, Sotheby’s have secured two spectacular consignments for the New York spring auction calendar: the Forbes collection of Fabergé and pictures from the Whitney collection.

A French Foundation devoted to Swiss sculptor Alberto Giacometti (1901-66) has finally been launched, ten years after his widow Annette called for its creation in her will. The French government gave the Fondation Alberto & Annette Giacometti the green light on December 9.

FRANCE’S new auction watchdog has flexed its muscles for the first time, banning two paintings – one attributed to Van Gogh, the other to Toulouse-Lautrec – from sale on suspicion of being fakes.

Most celebrated for his murals in the café at Tate Britain, Rex Whistler (1905-1944) was also a fine draughtsman and illustrator as is shown in this pen, ink and watercolour drawing, Netherhampton House in the County of Wiltshire, right

Highest bid among the 158 lots of Impressionist & Expressionist works on paper in the Tremmel collection auctioned by Ketterer Kunst on May 5-6 was the €130,000 (£89,700), just over top-estimate, paid in the room by a Rhineland dealer against six telephone bidders for Ernst Ludwig Kirchner’s Fränzi am Wasser Liegend (Fränzi Reclining at the Waterside, c.1910) in gouache, watercolour and chalk, 13 x 17in (33 x 43.5cm).

THERE was a collective sigh of relief in the New York salerooms last week when, after a long period of uncertainty following the war in Iraq and turmoil in the stockmarkets, both Sotheby’s and Christie’s held impressive Part I Impressionist and Modern sales. Any fears that anti-French feeling would spill over in the salerooms proved unfounded after French artists took the top honours at both houses.

MAGRITTE'S Oiseau du Ciel, pictured right, commissioned by Belgium’s Sabena airline in 1965, was sold at auction in Brussels on May 5 for a triple-estimate €3.4m (£2.3m).

FAMOUS since the 16th century for its boys’ school, the small Rutland market town of Uppingham can also brag about being the home of the Goldmark Gallery. With a secondhand book department, this very amiable and innovative gallery always has much to delight, particularly in the field of 20th century prints.

ST JAMES’S sculpture dealer Robert Bowman will be on duty at Maastricht again this year, and at the top fair he will be showing the top names of 19th and 20th century bronzes, such as Rodin and Degas.

A watercolour drawing by Renoir and inscribed by Emile Zola has been discovered by Bonhams in the vault of London diamond merchants I. Hennig & Co. The c.1877 drawing had been lost for almost 20 years and is thought to be one of the few recorded works by Renoir intended for book illustration.

Monet at Vétheuil 1878-1883 by David Joel, published by the Antique Collectors Club. ISBN 1851494235 £25hb

Sotheby’s claimed a world record price for a printed French book on December 5 when a 1931 edition of Balzac’s Le Chef d’Oeuvre Inconnu, illustrated by Picasso, sold just short of estimate for €550,000 (£353,000).

The Impressionist and Modern sales were not the only New York sales last week to smash auction records. Christie’s November 5-6 sale of 19th and 20th century prints brought an extraordinary record price for a single print by Henri de Toulouse Lautrec. La Grande Loge, an 1897 lithograph in colours on wove paper, was an extremely rare and previously unrecorded colour trial proof produced before an edition of 12.

OF the three new world auction records taken at Christie’s Rockefeller Center saleroom on the evening of November 6, two of them were for pieces of sculpture. This follows on from Christie’s success in the May Impressionist and Modern sales, their best – as Sotheby’s were for them – for some time, when Constantin Brancusi’s 1913 bronze Danaïde took $16.5m (£11.6m), the highest price for any piece of sculpture sold at auction.

GIVEN the fiscal disadvantages involved, Christie’s and Sotheby’s won’t usually be looking to Paris as a venue for sales of Modern art, but Christie’s (buyer’s premium 20.93%) had a modest French Collection of Post-Impressionist & Modern Paintings and Drawings on offer on September 28 that fared well enough, with 40 lots from 43 sold for a hammer total of €1.04m (£650,000) with seven per cent bought in by lot and just two per cent by value.

Sotheby’s break mould in bid to lure Germans: A little piece of history was made on October 8 and 9 when Sotheby’s four-part dispersal of the Beck Collection of 20th Century German and Austrian art became the first major sale ever to be conducted in euros in a London auction room.

Matisse Picasso published by Tate Publishing with essays by six international curators including the two British curators John Golding and Elizabeth Cowling. ISBN 1854373927 £40 hb, ISBN 1854373765 £29.99 sb

Matisse Portraits by John Klein, published by Yale University Press. ISBN 0300081006 £35hb

Interpreting Matisse/Picasso by Elizabeth Cowling, published by Tate Publishing. ISBN 1854373935 £9.99 pbk