(8 Nov 2007)
Agency Pool
New York - November 7, 2007
1. Exterior of Sotheby's auction house
2. Push in from wide of auction room to painting by Paul Gauguin, "Te Poipoi," final sale price of 39,241,000 US dollars
3. Sotheby's employee giving phone bid
4. Sotheby's auctioneer UPSOUND: (English) "Selling then for 35 (m) million dollars. Thank you."
5. Gauguin painting
6. People at auction
7. Sculpture by Pablo Picasso "Tete de Femme (Dora Maar)," final sale price of 29,161,000 US dollars
8. Sotheby's auctioneer UPSOUND: (English) "At 26 (m) million dollars then, your bid. Selling then for 26 (m) million dollars."
9. Electronic screen with image of painting and final bid amount
10. Wide of auction room during sale of Franz Marc painting "Der Wasserfall," final sale price of 20,201,000 US dollars
11. Sotheby's employees giving phone bids
12. Sotheby's auctioneer UPSOUND: (English) "Back to you at 18 (m) million dollars. I shall sell it then at 18 million dollars."
13. Electronic board with image of painting and final bid amount
14. Painting by Egon Schiele "Self Portrait with Checkered Shirt," final sale price of 11,353,000 US dollars
15. Wide pan of room
Pool
FILE: November 2, 2007
16. Gauguin painting "Te Poipoi"
17. Close-up of Gauguin painting
18. Picasso sculpture "Tete de Femme," alongside Picasso painting
19. Franz Marc painting "Der Wasserfall"
20. Close-up of Marc painting
STORYLINE:
Sotheby's auction house in New York kicked off their autumn art season with a sale of 76 lots of their finest impressionist and modern art, including a Gauguin painting which sold for 39 (m) million US dollars.
The Wednesday evening sale at Sotheby's brought in a total of 269,741,600 US dollars, proving the art market is alive and well.
The Paul Gauguin painting, "Te Poipoi," which is a portrait of a Tahitian woman, was the top lot.
It sold for a final price of 39,241,000 US dollars to a Hong Kong buyer, Joseph Lau.
The sale also included Pablo Picasso's 31-and-a-half inch sculpture of artist Dora Maar - Picasso's muse, model and lover - that Sotheby's describes as the finest sculpture by the artist ever to appear at auction.
The sculpture, "Tete de Femme (Dora Maar)," fetched a final sale price of 29,161,000 US dollars, a record for any Picasso sculpture at auction.
Another top lot was a Franz Marc painting, "Der Wasserfall," which sold for 20,201,000 US dollars.
That price makes the painting a record for any of the artist's works at auction.
One expected highlight from the auction, Van Gogh's "The Fields (Wheat Fields)," failed to reach the minimum asking price and was not sold. It was estimated at between 28 (m) million US dollars and 35 (m) million US dollars.
A drawing, "Self Portrait with Checkered Shirt," by Egon Schiele, surprised many buyers with its sale of 11,353,000 US dollars because it was not expected to reach higher than 6.5 (m) million.
The sale is a record for a work on paper by the artist at auction.
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