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Post-War & Contemporary Art Auction
Sotheby's New York
7 PM, May 12, 2015
Sale 9345

Yellow Rothko


Lot 11, "Untitled (Yellow and Blue)," by Mark Rothko, oil on canvas, 95 5/8 by 73 1/2 inches, 1954

By Carter B. Horsley

The May 12, 2015 Post-War & Contemporary Art evening auction at Sotheby's New York is highlighted by great works by Mark Rothko, Anselm Kiefer, and Sigmar Polke, and major works by Gerhard Richter, Richard Diebenkorn, Franz Kline, Christopher Wool, Andy Warhol and Francis Bacon.

The cover illustration of the catalogue is Lot 11, "Untitled (Yellow and Blue)," by Mark Rothko (1903-1970), a superb oil on canvas that measures 95  5/8 by 73 1/2 inches.  It was once owned by Paul Mellon and then by Francoisw Pinault.  It has been exhibited at the National Gallery of Art in Washington.

The catalogue.which devoted 18 pages to this lot, provides the following commentary:

"A glowing aurora of shimmering color and light, the present work confronts us as the summation of its creator's deeply philosophical practice, wherein he staged some of the most moving, transcendent, and simply breathtaking unions between material and support ever realized in the grand tradition of oil paint on canvas....its radiant surface amnd towering scale elicit a visual and spatial experience that is prodigious and undeniable, compelling us to surrender to a sense of pure contemplation in the face of its painterly authority."


Rothko elevator

Sotheby's decorated one  of its elevator doors with a partial reproduction of the Rothko on the 10th floor where the auction preview was being shown

The lot has a modest estimate of $40,000,000 to $60,000,000.  It sold for $46,450,000 including the buyer's premium as do all results mentioned in this article.

The sale total was $379,676,000 with 87.3 percent of the lots selling.  The pre-sale estimate had been $315,000,000 to $411,000,000.

Alexander Rotter, co-head of Sotheby's Global Contemporary Art Department, commented after the sale that "with a total of $380 million, an outstanding sell-through rate, and records for artists  spanning the gambit of Contemporary Art, the sale tonight was a great success."  "In a sale that saw bids coming thick and fast from all corners of the room and all corners of the globe," he continued, "tonight's total was just a heartbeat away from being best ever."

The auction house reported that works were consigned from 11 countries "and sought after by participants from 40 countries, with significant participation from Latin America and Asia."


Lichtenstein Ring

Michael Macaulay, the head of evening sales for Sotheby's New York, discussing Lot 15, "The Ring (Engagement)," by Roy Lichtenstein, oil on canvas, 48 1/4 by 70 inches, 1962

The lot that fetched the auction's second highest price was Lot 15, "The Ring (Engagement)," by Roy Lichtenstein (1923-1997), an oil on canvas that measures 48 1/4 by 70 inches.  It was painted in 1962. It is from the collection of Stefan T. Edlis.  It was included in a retrospective exhibition in 2012-3 at the Art Institute of Chicago, the National Gallery of Art in Washington, the Tate Modern in London and the Musee National d'Art Moderne in Paris.

The catalogue entry notes that the painting "is highly regarded as a thrilling, monumental cornerstone of the artist's output....[and] is explosive in dynamism and elemental force, gripping each viewer in its pictorial exuberance and conceptual gravitas."

 It has an estimate on request.  It sold for $41,690,000, nearly 20 times the $2,202,500 the work got when it last appeared at auction in November 1997 at Sotheby's.


Riot by Wool

Lot 7, "Untitled (Riot)," by Christopher Wool, enamel on aluminum, 108 by 72 inches, 1990

Lot 7 is a very large enamel on aluminum by Christopher Wool (b. 1955) entitled "Untitled (Riot)."  It measures 108 by 72 inches and was painted in 1990.  

The catalogue entry provides the following commentary:

"Behind the letters, we see a sumtuously overpainted record of the word, with the word inverted in order and each letter rendered backwards.  In this way, the word become a visual rather than purely linguistic device, centering attention toward the material application of enamel on the aluminum - process rather than content here takes reign.  The formality of the grid and the truncation of the word imply constriction, while the obstruction of such rigid boundaries by painterly interruptions articulate a palpable danger along every edge."

It has an estimate of $12,000,000 to $18,000,000.  It sold for $29,930,000, an auction record for the artist.

Polke blue

Lot 9, "Untitled," by Christopher Wool, enamel on aluminum, 54 by 39 1/4 inches, 1994


Lot 9 is much lusher, untitled work by Wool from 1994.  An enamel on aluminum, it measures 54 by 39 1/4 inches.

The catalogue provides the following commentary:

"Dynamic  gestures of abstraction coalesce with ambigiously decorative fleur-de-lis patterns in Wool's signature monochromatic patterns while the act of dramatic eradication and effacement imbue the work with a characteristic refinement.  Wool's trademark floral patterns march boldly across the stark white surface of the present work in a radiant and sophisticated deep blue, creating a lush cacophony of layered forms that project an aura at once fully resolved and utterly dynamic."

It has an estimate of $3,000,000 to $4,000,000.  It sold for $3,946,000.

Bacon

Lot 29, "Untitled (Man on a Chaise Lounge)," by Francis Bacon, oil on canvas, 78 by 54 inches, 1953

Lot 29 is a large oil on canvas by Francis Bacon (1909-1992) entitled "Untitled (Man on a Chaise Lounge)."  It measures 78 by 54 inches and was painted in 1953.  It has a modest estimate of $6,000,000 to $8,000,000.  It was withdrawn.

Basquiat

Lot 27, "World Crown," by Jean-Michel Basquiat, acrylic, oilstick and spray paint on canvas, 48 by 56 inches, 1981

Lot 27 is a very strong acrylic, oilstick and spray paint on canvas by Jean-Michel Basquiat entitled "World Crown," celebrating Muhammed Ali.  It measures 48 by 56 inches and was painted in 1981.  It has a modest estimate of $7,000,000 to $10,000,000.  It sold for $11,450,000.


Basquiat door

Lot 42, "Untitled," by Jean-Michel Basquiat, acrylic on wood door, two-sided, 77 3/8 by 23 7/8 by 5 7/8 inches, 1982

Lot 42 is an untilted, two-sided, acrylic work on a wood door by Jean-Michel Basquiat.  It measures 77 3/8 by 23 7/8 by 5 7/8 inches.  It was created in 1982.  It has an estimate of $3,000,000 to $4,000,000.  It sold for $3,610,000.


Mao by Warhol

Lot 19, "Mao," by Andy Warhol, acrylic and silkscreen on canvas, 50 1/2 by 42 1/4 inches, 1973

Lot 19 is an acrylic and silkscreen on canvas image of "Mao" by Andy Warhol.  It measures 50 1/2 by 42 1/4 inches and was painted in 1973.  It has an estimate of $13,000,000 to $16,000,000.  It sold for $14,474,000.


Superman by Warhol

Lot 6, "Superman," by Andy Warhol, acryllic and silkscreen ink on canvas, 60 inches square, 1981

Lot 5 is an acrylic and silkscreen ink on canvas image of Superman by Warhol.  It was painted in 1981 and is 60 inches square.  It was included in the 1989-1990 Warhol retrospective at the Museum of Modern Art in New York, the Art Institute of Chicago, the Hayward Gallery in London, the Museum Ludwig in Cologne, the Palazzo Grassi in Venice, the Musee National d'Art Moderne in Paris and the Centre George Pompidou in Paris.  It has a modest estimate of $6,000,000 to $8,000,000.  It sold for $14,362,000, a record for the artist's Myths series.


Kline Rotter


Alex Rotter of Sotheby's discussing Lot 36, "Flanders," by Franz Kline, an oil on canvas, at press preview, 79 by 59 inches, 1961

Lot 36, "Flanders,"  is an oil on canvas by Franz Kline.  It measures 79 by 59 inches.  It was painted in 1961.  It has a modest estimate of $6,000,000 to $8,000,000.  It sold for $9,210,000.


Richter

Lot 22, "Abstraktes Bild," by Gerhard Richter, oil on canvas, 102 1/2 by 78 3/4 inches, 1992

Lot 22 is a vibrant abstract oil on canvas by Gerhard Richter.  It measures 102 1/2 by 78 3/4 inches and was painted in 1992.  When it was offered at Sotheby's New York November 9, 2010 with an estimate of $5,500,000 to $7,500,000, it sold for $11,282,500.  This time it has an estimate on request.  It sold for $28,250,000.

Pollock

Lot 31, "Number 12, 1950," by Jackson Pollock, oil, enamel and aluminum paint on Masonite, 22 1/4 inches square

Lot 31, "Number 12, 1950," is an oil, enamel and aluminum paint on Masonite by Jackson Pollock.  It is 22 1/4 inches square. It has an estimate of $15,000,000 to $20,000,000.  It sold for $18,282,000.


Polke Jungle

Lot 8, "Dschungel (Jungle)," by Sigmar Polke, dispersion on canvas, 63 by 96 5/8 inches, 1967

Lot 8, "Dschungel (Jungle)," is a dispersion on canvas by Sigmar Polke.  It measures 63 by 96 5/8 inches and was painted in 1967.  It has an estimate on request.  It sold for $27.130,000, a record for the artist at auction.  Four years ago, it fetched $9,200,000 in the Sotheby's London sale of the Duerckheim Collection.


Polke green

Lot 21, "Untitled," by Sigmar Polke, mixed media on canvas, 78 3/4 by 71 inches, 1983

Lot 21 is a very fine untitled mixed media on canvas by Polke that measures 78 3/4 by 71 inches.  It was painted in 1983.  "Broadcasing shimmering silver and deepest purple through to acidic yellow, green and glue, Untitled imparts glorious light effects that verge on the ecclesiastic," the catalogue entry notes.


Polke green detail

Detail of Lot 21

It has an estimate of $2,000,000 to $3,000,000.  It sold for $3,490,000.


Bradford

Lot 1, "Smear," by Mark Bradford, mixed media and collage on canvas, 96 by 72 inches, 2015

Lot 1 is a great mixed media and collage on canvas by Mark Bradford (b. 1961).  Entitled "Smear," it measures 96 by 72 inches and was painted in 2015.  It has a modest estimate of $500,000 to $700,000.  It sold to applause for $4,394,000.


Kiefer

Lot 50, "Le dormeur du val," by Anselm Kiefer, oil, acrylic, emulsion, shellac and sediment of electrolysis on photograph mounted on canvas, 74 3/4 by 129 7/8 inches, 2014

Lot 50 is a great work by Anselm Kiefer (b. 1945) that is entitled "Le dormeur du val."  An oil, acrylic, emulsion, shellac and sediment of electrolysis on photograph mounted on canvas, it measures 74 3/4 by 129 7/8 inches.  It was created in 2014.  It has a modest estimate of $600,000 to $800,000.  It sold for $1,330,000.

Kiefer detail

Detail of 50

 It has a modest estimate of $600,000 to $800,000.  It sold for $1,330,000.


Dekooning'


Lot 18, "Yellow Woman," by Willem de Kooning, oil tempera, charcoal and graphite on paper, 8 3/4 by 6 inches, 1952

Lot 18 is a very wonderful small oil, tempera, charcoal and graphite on paper by Willem de Kooning (1904-1997) entitled "Yellow Woman."  It measures only 8 3/4 by 6 inches and was painted in 1952.  It once was in the celebrated collection of Mr. and Mrs. Burton Tremaine of Meridian, Conn.  

"Working on a gem-plike scale, the artist achieved a new unbelievable density of painterly brauvura in the present work," according to the catalogue entry, "consolidating his impassioned strokes, graphic lines, and painterly scrawls into a composition that bespeaks the full brilliance of the Woman series....Yellow Woman is an irerespressibly exuberbant paragon of de Kooning's artistic genius at the height of his inventive powers."

It has an estimate of $6,000,000 to $8,000,000.  It sold for $6,410,000.


Stella

Lot 3, "Sacramento No. 6," by Frank Stella, acrylic on canvas, 103 1/4 inches square, 1978

Lot 3 is an excellent acrylic on canvas by Frank Stella (b. 1936) that is entitled "Sacramento No. 6."  It is 103 1/4 inches square and was painted in 1978.  

The catalogue entry provides the following commentary:

"Scintillating in its rainbow of electric hues, Frank Stella's Sacramento No. 6 from 1978 ti among the outstanding milestones of Minimalism, emblematic of one of the most stridently revolutionary and cogent achievements in the canon of twentieth-century Contemporary Art.  Representing the triumph of Frank Stella's brilliant and incisive intellectual rigor as applied to the very tenets of painting itself, Sacramento No. 6 exists at the pinnacle of postwar abstract painting."

It has an estimate of $2,000,000 to $3,000,000.  It sold for $3,070,000.


Diebenkorn

Lot 35, "Ocean Park #41," by Richard Diebenkorn, oil on canvas, 100 by 81 inches, 1971


Lot 35 is a great Richard Diebenkorn (1922-1993) entitled "Ocean Park #41."  An oil on canvas, it measures 100 by 81 inches and was painted in 1971.  It has an estimate of $8,000,000 to $12,000,000.  It sold for $8,986,000.


Diebenkorn Ladies

Lot 58, "Two Women at Table," by Richard Diebenkorn, oil on canvas, 36 by 30 inches, 1963

Lot 58 is a haunting oil on canvas by Richard Diebenkorn entitled "Two Women at Table."  It measures 36 by 30 inches and was pinatined in 1963.  It has a modest estimate of $1,500,000 to $2,500,000.  It sold for $2,530,000.
Frankenthaker

Lot 56, "Saturn Revisited," by Helen Frankenthaler, acyrlic on canvas, 84 by 53 inches, 1964

Lot 54 is an excellent abstraction by Helen Frankenthaler (1928-2011) enttield "Saturn Revisited."  An acrylic on canvas, it measures 84 by 53 inches and was painted in 1964.  It has a modest estimate of $600,000 to $800,000.  It sold for $8,830,000.


David Smith

Lot 30, "Agricola VI," by David Smith, steel, cast iron and stainless steel, 43 inches high, 1952

Lot 30 is a very fine sculpture by David Smith (1906-1965) entitled "Agricola VI."  Made of steel, cast iron and stainless, it is 43 inches high and was made in 1952.  It has an estiamte of $3,000,000 to $4,000,000.  It sold for $3,490,000.

Noguchi

Lot 37, "The Gunas," by Isamu Noguchi, bronze, 72 inches high, cast from 1946 marble at the Whitney Museum of America Art, 1966

Lot 37 is a fine 1966 bronze by Isamu Noguchi (1904-1988) of 'The Gunas" that was cast from the 1946 marble at the Whitney Museum of American Art.  It is 72 inches high.  It has an estimate of $1,500,000 to $2,000,000.  It sold for $3,130,000.


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