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London | +44 (0)20 7293 6000 |Leyla Daybelge | Leyla.Daybelge@sothebys.com Mitzi Mina |Mitzi.Mina@sothebys.com | Rosamund Chester |Rosamund.Chester@sothebys.com
A RECORD FOR A SPANISH OLD MASTER: EL GRECOS SAINT DOMINIC IN PRAYER MAKES 9,154,500 / $13,876,391 / 10,780,375
**Top Lot Across London This Week**
New eyes on Old Masters: an unprecedented two El Grecos offered tonight at Sothebys
The greatest Old Master paintings have a timeless quality that transcends their era and gives them a relevance to audiences today, as tonights global bidding and record result for El Greco attest. The dialogue between Old and New is injecting fresh energy into our field. Were now firmly in a new era, where clients from new markets are collecting Old Masters in new ways. Our response has been to offer the most exciting and diverse works we can find and to present them a more contemporary way.
-Alex Bell, Worldwide Head of Sothebys Old Master Paintings
3rd July 2013 This evening, an unprecedented level of participation from new markets propelled Sothebys London Evening Sale of Old Master & British Paintings to 35,048,000. Collectors from 33 countries took part in the sale with record numbers from Asia and the Middle East. More than 400 years since El Greco executed Saint Dominic in Prayer in fifteenth century Toledo, bidders from new markets battled tenaciously for this this powerfully expressive work which was appearing at auction for the first time. They drove the price to 9,154,500 (est. 3-5million), a new record for a Spanish Old Master and the highest price across Londons Old Masters sales this week. In total, 8 auction records tumbled tonight, including that for Claude-Joseph Vernet, whose outstanding View of Avignon from the right bank of the Rhne outstripped pre-sale expectations to realise 5,346,500 (est. 3-5million). A new auction record for a female Old Master artist was also established when Rachel Ruyschs Still Life of roses from 1710 achieved 1,650,000 (est. 1-1.5million). The sale featured two works by El Greco the first time in living memory that two masterworks by the artist were offered in the same auction: Saint Dominic in Prayer, 9,154,500 (est: 3.5-5m) set a record for a painting by a Spanish artist, Christ on the Cross sold for 3,442,500 (est: 3-5m). Over 40% of lots sold achieved prices above presale estimates 8 new artist records established 7 lots over 1 million
ESTATE COLLECTIONS
PROPERTY FROM THE GUSTAV RAU COLLECTION SOLD TO BENEFIT THE GERMAN COMMITTEE FOR UNICEF ACHIEVES 12,483,500 (combined pre-sale est. 6,600,000-10,150,000) El Greco, Saint Dominic in Prayer (c.1600) Achieves 9,154,500 (3-5 million) A NEW RECORD FOR THE ARTIST AT AUCTION Corneille de Lyon, Portrait of a Lady (c.1560) Realises 86,500 Giandomenico Tiepolo The celebrated deeds of the Porto family of Vicenza (c.1760) Achieves 3,218,500 A NEW RECORD FOR THE ARTIST AT AUCTION
FOR MORE NEWS FROM SOTHEBYS Visit: www.sothebys.com/en/inside/services/press/news/news.html Follow: www.twitter.com/sothebys & www.weibo.com/sothebyshongkong Join: www.facebook.com/sothebys Watch: www.youtube.com/sothebys Sothebys has been uniting collectors with world-class works of art since 1744. Sothebys became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973) and France (2001), and the first international fine art auction house in China (2012). Today, Sothebys presents auctions in eight different salesrooms, including New York, London, Hong Kong and Paris, and Sothebys BidNow program allows visitors to view all auctions live online and place bids from anywhere in the world. Sothebys offers collectors the resource s of Sothebys Financial Services, the worlds 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, Sothebys Diamonds and Sothebys Wine. Sothebys has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID). Estimates do not include buyers premium and prices achieved include the hammer price plus buyers premium. Images are available upon request
+44 (0)20 7293 5000 F +44 (0)20 7293 5989 WWW.SOTHEBYS.COM Sale Results Sale L13303 Treasures, Princely Taste Grand Total 9,218,850 ($13,973,933) (Including Buyer's Premium): Sold by Lot: 69.4% Sold by Value: 78.7% Exch Rate: London, Bond St 03 JUL 13 1.52
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Lot Price (GBP) Estimate (GBP) Buyer 10 962,500 ($1,458,958) 800,000 - 1,200,000 Anonymous A Magnificent late Renaissance antique marble inlaid table top, Roman last quarter 16th century 35 698,500 ($1,058,786) 200,000 - 400,000 European Private A pair of Royal carved giltwood and gesso Voyeuses, Louis XVI, circa 1789 30 662,500 ($1,004,218) 600,000 - 1,000,000 Private Collector A Pair of Gilt-Bronze-Mounted turned and engraved ivory covered vases, circa 1785 1 518,500 ($785,942) 60,000 - 90,000 European Private A silver-gilt cup and cover, maker's mark AE conjoined, probably Copenhagen, circa 1574 21 434,500 ($658,615) 100,000 - 200,000 European Private An Italian polychrome and blue lacquered, parcel-gilt and 'a merletto' decorated carved bureau, Venetian, 18th century 19 434,500 ($658,615) 200,000 - 300,000 Anonymous A gilt-bronze and Imari porcelain-mounted mantel clock, Louis XIV, early 18th century 28 386,500 ($585,857) 300,000 - 500,000 Private Collector A George III fruitwood, tulipwood, marquetry and giltwood pier table circa 1772, by Thomas Chippendale 49 362,500 ($549,478) 300,000 - 400,000 Private Collector George Daniels: An 18k yellow gold pocket chronometer with Daniels slim Co-Axial escapement and thermometer, 1986 12 362,500 ($549,478) 300,000 - 500,000 Anonymous Joseph Knibb. A small silver-mounted ebony roman striking table clock, London, circa 1680 47 350,500 ($531,288) 200,000 - 300,000 An Imperial Porcelain Vase, Period of Nicholas I, dated 1839 22 350,500 ($531,288) 250,000 - 500,000 A pair of Russian glass and hardstone panels, 1765-1770 Private Collector European Private
Mario Tavella, Deputy Chairman, Sothebys Sotheby s Europe, Chairman, Furniture and Decorative Arts said: said Just five years ago we would never have ha ve seen decorative arts commanding such strong prices as todays sale. The demand for rare treasures across all categories from clocks to furniture and Works of Art is higher than ever. Prices across the sale were driven by participation participa tion from clients both in new markets and in particular from Europe, in the room, on the phone and notably online. We saw new clients attracted to the saleroom by the selection of masterpieces possessing both prestigious and royal provenance and craftsmanship craftsmanship of the highest order, and we are delighted with this evenings results. results. Specialist in Charge: Mario Tavella Press Office Contact: Sarah Rustin, Marie-Beatrice Morin Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. **Estimates do not include buyer's premium** SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867