At Large  June 5, 2017

A Successful New Format

Lempertz newest auction format lempertz:projects, developed and organised by Isabel Apiarius-Hanstein, represents a successful new concept that has greatly enhanced this year’s contemporary art offer, with the sale’s estimates doubling by value.

The auction exclusively featured contemporary art from two corporate collections. It attracted a particularly young audience, whose presence was felt both in the tightly packed saleroom and in numerous international online bids.

As many of the works on sale were relatively fresh to the market, they were offered at correspondingly moderate estimates, which provided a perfect opportunity especially for young collectors looking to make a glittering entry to the art market.

The Argentinian artist Luis Felipe Noé achieved the greatest success and individual price for his large canvas “Meditacion Misionera”. The piece’s original estimate of €3,000 – 4,000 was driven to a grand total of €34,700 in a battle of bidders (lot 81, illustrated). A mixed media piece by the Luxembourg based artist Robert Brandy from 1991 was a further great success, rising from the estimate of €1,000 – 1,500 to achieve €14,900 (lot 20). A canvas painted around 1997 by the American artist Tom Christopher achieved €8,000 (lot 24, €3,000 – 4,000).   

A sequel to the promising new format is planned for September.

Subscribe to our free e-letter!

Webform

Latest News

The New Healing Art
Medical researchers are finding new ways to treat pain using a potent mix of…
Seattle Art Museum Debuts New Installation
Created with watercolor and ink on handmade mulberry paper from Japan, "Carpe…
Figures Within the Landscape Reveal the Spirit of Mexico
Luces y Sombras means Lights and Shadows, a fitting title for an extraordinary…
Experts Refute Alleged da Vinci Eye Condition
Researchers are refuting a 2018 theory that one thing that gave Leonardo da…
Dallas Museum of Art Establishes New Works on Paper Department
The Dallas Museum of Art has announced the establishment of the Works on Paper…