Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 30 n° 315

The Leslie Waddington Collection Sells 100% by Lot and 100% by Value

Posted by fidest press agency su mercoledì, 5 ottobre 2016

miriam-reikjean-dubuffetLondon Christie’s saw an electric start to the much-anticipated Frieze Week auctions with the single-owner auction: ‘The Collection of Leslie Waddington’, in which spirited bidding for the artworks from Leslie Waddington’s highly sought after personal collection, achieved £28,285,525 / $36,092,330 / €32,273,784 with every work sold. The sale was a fitting tribute to Leslie Waddington whose pioneering spirit as an art dealer defined the London art landscape before the rise in popularity of the contemporary art world today. The auction saw competitive bidding in the room, online and on phones to achieve the exceptional sell through rate of 100% by lot and 100% by value with 80% of works selling over estimate. Registered bidders from 37 countries across six continents demonstrated the strong demand in the global art market. The evening opened with a portrait of Leslie Waddington by Sir Peter Blake, which more than doubled its high estimate to achieve £81,250 / $103,675 / €92,706. This level of bidding set the pace for the evening and continued with the first of seven works by Jean Dubuffet realising five times its low estimate, and the group achieving a total of £6,708,000 / $8,559,408 / €7,653,828. Another early highlight was Spanish Elegy by Robert Motherwell which sold for £905,000 / $1,154,780 / €1,032,605 against an estimate of £200,000-300,000. The top lot of the evening was Jean Dubuffet’s Visiteur au chapeau bleu (Visitor with a Blue Hat), selling over its high estimate for £4,813,000 / $6,141,388 / €5,491,633. Bristling with raw painterly energy, it offers a primordial vision of bucolic joie de vivre. Executed in April 1955, it stands among the finest large-scale works that the artist produced during the first few months of his six-year sojourn in the South of France. (photos: Miriam Reik, Jean Dubuffet)

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