Date: Fri 05-Feb-1999
Date: Fri 05-Feb-1999
Publication: Ant
Author: SHIRLE
Quick Words:
Master-Christie's
Full Text:
Old Master Drawings At Christie's
(with 12 cuts)
NEW YORK CITY -- A record-breaking sale of Important Old Master drawings
realized $11,377,765 at Christie's on January 28, the highest auction total
ever for a various owner sale in this category to be held in the United
States.
"Cabinet Italien," an important collection of drawings, realized $4,148,000.
The sale was 79 percent sold by lot and 93 percent by value.
After a competitive bidding battle, "Madonna del Popolo" by Federico Barocci
became one of the most expensive drawings ever sold in New York, and the top
lot of the day, when it realized $2,642,500.
The most celebrated of Barocci's drawings, "Madonna del Popolo" served as the
elaborate preparatory drawing for an altar piece in Arezzo, Italy. Noel
Annesley, deputy chairman of Christie's, auctioned the drawing for the second
time in his career. The work was the top lot of Christie's second sale of Old
Master drawings from Chatsworth, in 1987.
"The Life of Taddeo Zuccaro," drawn by his brother, Federico Zuccaro, was the
top lot of "Cabinet Italien" and was acquired for $1,762,500 by the J. Paul
Getty Museum in Los Angeles. The amazingly fresh series of 20 drawings brings
a touching insight into the life of Taddeo, whose life story is illustrated
with enchanting vignettes, which are as compassionate and humorous as they are
technically brilliant and inventive.
"Christie's saleroom was packed to capacity and we saw a large number of new
buyers -- private, trade and institutional -- joining our established clients
in this collecting field," said Francois Borne, head of Old Master drawings.
"Rarity and quality aroused fierce competition. We also saw excellent prices
realized for the less expensive works in the sale, demonstrating again that
this is a growing area in all ranges of the market."
Further highlights of the various owners sale included "Portrait of the Jesuit
Priest Nicolas Trigault in Chinese Costume," 1617, by Sir Peter Paul Rubens
(1577-1640), which sold for $640,500. A rediscovered drawing, "Drapery Study,"
by Lorenzo di Credi (1459-1537), sold for $332,500, a record price at auction
for a work on paper by the artist.
Further records were established for Jacques-Louis David's portrait of his
fellow prisoner, "Joseph-Nicolas Barbeau Dubarran," which sold for $376,500,
and for Annibale Caracci's delicate drawing "A large tree on a rise," which
achieved $288,500.