Feb 5 2008
11:01AM
EST
The Neue Galerie's Schieles
Two of the eight Egon Schiele drawings offered up by Ronald Lauder's Neue Galerie at Christie's salesroom in London on Monday evening — Erich Lederer and Sitzende Schwangere — failed to find buyers. How come? According to Giovanna Grassi, a Director at Richard Nagy, a London gallery that specializes in Schiele — in fact, Nagy is reported to have bought the most expensive of the artist's drawings last night — the estimates were too high and the pieces not that remarkable.
But the whole is the sum of its parts, and all in all, the Neue Galerie's small trove brought in £11.659 million* against an estimate of £7.6 million - £10.8 million — or 9% of the reported $135 million that Lauder paid for the portrait of Adele Bloch-Bauer (gilded by the hand of Gustav Klimt) that the sale of the drawings was intended to offset.
*All sales prices include buyer's premium
 |
Egon Schiele, Liegende Frau mit roter Hose und stehender weiblicher Akt, Estimate: £2 million - £3 million, Sold For: £2,484,500 million, Photo Credit: Christie's Images Ltd. 2008 |
 |
Egon Schiele, Stehender Mann (recto) / Liebespaar (verso), Estimate: £1.5 million - £2 million, Sold For: £1,700,500 million, Photo Credit: Christie's Images Ltd. 2008 |
 |
Egon Schiele, Mutter und Kind, Estimate: £1.5 million - £2 million, Sold For: £2,932,500 million, Photo Credit: Christie's Images Ltd. 2008 |
 |
Egon Schiele, Selbstbildnis, Kopf (recto) / Porträt Hans Massmann (verso), Estimate: £700,000 - £1,000,000, Sold For: £2,036,500 million, Photo Credit: Christie's Images Ltd. 2008 |
NEWSLETTER
RSS
MOBILE
HELP
SHARE
Mobile