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Masterworks – Art Market Musings

The Royal Art Collection

On Saturday, amidst a blend of contemporary elements and age-old customs, King Charles III was inaugurated in a grand crowning ceremony. Along with his ascension to the throne, he inherited a collection of treasures befitting a monarch, including Queen Elizabeth’s impressive stable of 70 thoroughbred horses valued at $34 million, a world-class Royal Philatelic Collection (stamps) worth $125 million, and a $30 million art collection featuring masterpieces by Monet, Chagall, and Dalí.

Masterworks adorning the walls of the Royal Art Collection showcase the remarkable taste and appreciation for art that has been passed down through generations of British monarchs. This illustrious collection, now in the possession of King Charles III, encompasses a diverse array of exquisite pieces spanning various artistic movements, periods, and styles.

The collection boasts an impressive assortment of paintings, sculptures, drawings, and tapestries, each representing a significant contribution to the world of art. From the grand halls adorned with classical masterpieces to the contemporary galleries showcasing cutting-edge creations, the Royal Art Collection offers a comprehensive representation of the evolution of artistic expression.

At the heart of this prestigious collection are the masterpieces by renowned artists such as Claude Monet, Marc Chagall, and Salvador Dalí. Monet, a pioneer of the Impressionist movement, captured the fleeting moments of nature with his vibrant brushstrokes and atmospheric depictions. His paintings, such as the iconic water lilies series or the stunning landscapes of Giverny, continue to captivate viewers with their beauty and emotional depth.

Chagall’s works, characterized by their dreamlike compositions and whimsical imagery, transport viewers into a realm of fantasy and enchantment. His vibrant colors, symbolic motifs, and references to folklore and religious themes create a poetic and imaginative universe that sparks the viewer’s imagination.

Dalí, a prominent figure of the Surrealist movement, challenged conventional notions of reality and rationality through his eccentric and thought-provoking creations. His melting clocks in “The Persistence of Memory” and his enigmatic symbolism in works like “The Elephants” or “The Temptation of St. Anthony” continue to intrigue and perplex art enthusiasts worldwide.

Beyond these celebrated artists, the Royal Art Collection encompasses an extensive range of works by other notable figures from various artistic movements. From the classical elegance of Renaissance masters like Leonardo da Vinci and Raphael to the bold and innovative creations of modernists like Pablo Picasso and Wassily Kandinsky, the collection embodies the rich tapestry of human creativity and artistic achievement.

Alongside paintings, sculptures also hold a prominent place in the collection. From the graceful forms of ancient Greek statues to the avant-garde explorations of contemporary sculptors, the Royal Art Collection showcases the evolution of sculptural techniques and aesthetics. The collection’s sculptures range from marble and bronze classics to unconventional materials and experimental installations, creating a dialogue between tradition and innovation.

The Royal Art Collection is not solely limited to traditional art forms but also includes works that push the boundaries of artistic expression. It embraces photography, video art, conceptual art, and installations, reflecting the ever-expanding horizons of contemporary artistic practice. By incorporating these dynamic and multidisciplinary works, the collection remains at the forefront of the art world, fostering dialogue and exploration of new artistic frontiers.

As King Charles III assumes his role as the custodian of this prestigious collection, he carries the responsibility of preserving its integrity while also making it accessible to the public. The Royal Art Collection has long served as a source of inspiration and education, and under his reign, it will continue to be a beacon of artistic excellence and cultural enlightenment.

To ensure the collection’s longevity and relevance, King Charles III will oversee carefully curated exhibitions, collaborations with renowned institutions, and initiatives aimed at fostering artistic engagement. By sharing these treasures with the public through exhibitions, loans, and digital platforms, the Royal Art Collection will reach a global audience, igniting passion for art and nurturing a deeper appreciation for the beauty and complexity of the human experience.

King Charles III’s reign marks a new chapter in the history of the collection, promising to uphold the legacy of his predecessors while embracing the possibilities of the future. With his unwavering commitment to the arts, the Royal Art Collection will continue to thrive, offering an immersive and transformativ

The Artistic Legacy of Gwen John

Discover the art and life of Gwen John at Pallant House Gallery in Chichester, England. Featuring 120+ paintings, watercolors, and drawings, the exhibition challenges John’s reputation as a recluse and brings her into focus as an important figure in European art. Curator Alicia Foster hopes to reilluminate John’s work for contemporary audiences with the exhibition and a new biography

We are delighted to announce a unique and exciting exhibition that pays tribute to the renowned British artist, Gwen John. Known for her distinctive style and focus on portraits and self-portraits, Gwen John left a powerful imprint on the art world in the early 20th century.

The exhibition, titled “The Artistic Legacy of Gwen John,” will take place at the prestigious City Modern Art Museum from May 15th to August 30th, 2023. This will be an unparalleled opportunity to explore the life and work of this talented artist who challenged the conventions of her time.

Gwen John was born in Wales in 1876 and became a prominent figure in the Parisian art scene during the Belle Époque. Her distinctive style is characterized by the subtlety of her brushstrokes and her ability to capture the essence of her subjects. Her portraits and self-portraits reveal an intimacy and introspection that transcend the canvas.

The exhibition will feature a wide selection of Gwen John’s works, including her most iconic portraits and captivating self-portraits. Additionally, letters, sketches, and other materials that offer a unique insight into her creative process and personal life will be on display.

“The Artistic Legacy of Gwen John” aims to celebrate the life and work of this influential artist while acknowledging her importance in the 20th-century art landscape. This exhibition is an opportunity for visitors to immerse themselves in Gwen John’s world and appreciate her extraordinary talent.

The City Modern Art Museum is proud to host this exhibition and looks forward to welcoming art enthusiasts and Gwen John admirers from around the world. The exhibition represents a collaborative effort between the museum and various cultural institutions and private collectors who have generously loaned their artworks.

Don’t miss the chance to experience the artistic legacy of Gwen John! We look forward to welcoming you to the exhibition and sharing the beauty and significance of her work

Masterworks – Art Market Musings

https://www.masterworks.com/

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Sotheby’s to offer Bowmore ARC-52: The ‘Mokume Edition’

Sotheby’s to offer Bowmore ARC-52: The ‘Mokume Edition’

By Sotheby’s

A unique decanter specially designed by Aston Martin featuring a unique 52-year-old vintage whisky from the Bowmore Distillery
*A unique bottle, a unique whisky
Auction in London on 26 May 2023

LONDON, 25 April 2023 – Operating as leaders of industry in their respective fields, the partnership between Bowmore® Single Malt Whisky and Aston Martin has already proved to be the perfect marriage of innovation and craftsmanship. The iconic and critically acclaimed Bowmore® has long been an object of desire for whisky afficionados, while the cars produced by ultra-luxury British brand Aston Martin are renowned for both their performance and their style, and exclusivity.

This spring, the two brands will once again unite to produce a unique bottle of one of the distillery’s oldest ever whiskies, the precious spirit housed within a ground-breaking Aston Martin design. A single decanter containing a special assemblage of the 52-year-old vintage whisky has been created as a totally unique objet d’art which will never again be repeated. Like the vessel within which it lies, the whisky is also a one-off – a spectacular marriage of some of the oldest Bowmore vintages from the 1960s, an iconic era of Bowmore distilling, created by Ron Welsh, Master Blender.

Bowmore® ARC-52 Mokume Edition will be offered at auction by Sotheby’s in London on 26 May 2023, with an estimate of £140,000-220,000 ($175,000-275,000). The winning bidder will also have an opportunity to enjoy an experience at Bowmore Distillery and on Islay, experiencing the limited-edition Aston Martin DBX Bowmore Edition, the brand’s first luxury SUV. Proceeds from the auction will be donated to a long-term, dedicated fund to support the people of Islay across a range of vital initiatives with the key goal of supporting and futureproof Islay’s distilling industry for tomorrow by investing in today.

The concept for this one of one Edition takes its name from the Japanese metalworking technique ‘Mokume-Gane’ which produces a mixed-metal laminate with distinctive layered patterns. The carbon fibre top of the decanter has been created using a unique process which mirrors the mokume texture and mimics a natural aesthetic, much like wood grain or layered natural rock. The finish achieved can be said to imitate both the black rocks in the bay of Loch Indaal, home to the Bowmore Distillery, and also the inside of the charred cask where special 52-year-old whisky was aged. A truly multi-dimensional single malt, this masterpiece has been crafted from spectacular marriage of some of the oldest Bowmore vintages from the 1960s, an iconic era of Bowmore distilling.

“Bowmore’s Mokume encapsulates all the hallmarks of a collector’s perfect whisky: a collaborative venture with Aston Martin to create an exceptional vessel containing a unique liquid of exceptional quality, never to be bottled again. Bowmore consistently push boundaries with their design concepts and their whiskies are truly world beating. Partnering with them once again to offer this one-off opportunity to whisky enthusiasts represents an exciting moment for Sotheby’s and the market for rare spirits.”

JONNY FOWLE, SOTHEBY’S HEAD OF WHISKY & SPIRITS, NORTH AMERICA AND EMEA

“As makers of bespoke and beautiful objects, proportion, shape, and form, along with careful selection of colours and materials, are incredibly important to us at Aston Martin. And sometimes, nature can be the best of all designers. So, for inspiration of the decanter for this ingenious and special one-off ARC-52 Mokume Edition, we turned to the black rocks in the bay of Loch Indaal, home to the Bowmore Distillery. We imagined walking those picturesque shores, at magic light, and discovering this wonderous treasure, shaped over eons of time by the elements, suddenly appearing at your feet. We think the vessel containing this magnificent whiskey reflects the rarity and distinctiveness of the precious spirit found inside.”

MAREK REICHMAN, EXECUTIVE VICE PRESIDENT & CHIEF CREATIVE OFFICER, ASTON MARTIN

“The very concept of ARC is itself spectacular in both form and contents, but this one-off creation adds even greater depth, intrigue, and inspiration to the story of ARC. By creating this unique Mokume edition, we can also fulfil our ambition to ‘give back’ to our homeplace through The Bowmore Legacy, by offering collectors and Bowmore lovers something truly special and desirable. As one of my last projects for Bowmore, this one is exceptionally close to my heart and is the perfect climax to an incredibly rewarding and exciting career.”

RON WELSH, MASTER BLENDER AT BOWMORE

In 2022, Bowmore® and Aston Martin unveiled ARC-52, a striking decanter unlike anything ever seen before. The cutting-edge engineering of Aston Martin and the unfaltering attention to detail and craftsmanship of Bowmore® came together to produce only 100 of these futuristic vessels housing a complex, exceptionally rare 52-year-old single malt.

The idea for the Bowmore® ARC-52 decanter was to chart a journey from past to present – the arc of time – with a futuristic take on a whisky vessel. The design seamlessly merges natural and man-made contours, its form appearing to be almost weightless as it balances on two points. The starting point was grounded in the principles of Aston Martin design, to create proportions that look stable, yet refined and light – an equilibrium that is one of the driving imperatives in car design. The vessel’s design incorporates the latest 3D printing and hand-crafted clay modelling in realising its form. Calling on the exacting principles of achieving balance and optimal form that is intrinsic to Aston Martin’s design DNA, the result is a timelessly beautiful piece of art that is a true coming together of heritage and innovation.

Notes to editors

In February 2021, Sotheby’s sold a bottle of Black Bowmore Aston Martin DB5 for $118,750. Launched by Bowmore in 2020, of the 27 bottles produced, 25 were released, with the two remaining bottles destined for Bowmore Distillery’s archive. Of all Aston Martin’s models, the DB5 reigns supreme as its most iconic, since its rise to stardom in the 1964 James Bond movie Goldfinger.

Sotheby’s has set records for both Bowmore and Aston Martin in recent years. In December 2021, a bottle of Bowmore Onyx 51-Year-Old 1970 – presented in a hand-blown, 1.4l black glass vessel taking its inspiration from the terroir of its island home – sold for £400,000 / $532,340. In 2017 a DB1/1 sold at RM Sotheby’s Californian auction for $22.5 million, making it the most valuable British car ever sold at auction.

Bowmore ARC-52 Mokume Edition tasting notes:

CASK TYPES: European oak Sherry seasoned and American oak Hogshead
AGE: 52 Years Old, 1968
ABV: 43.5%

Tasting notes

ON THE EYE: Deep burnished gold.
BREATHE IN: Fresh and fruity notes with a nod to the rich sweetness of Creme Brulé, sees the emergence aromas of apricots, green apples, orange zest and guava. Herbal notes of fresh menthol, eucalyptus and liquorice root provide a contrasting yet balanced character
TASTE: Honey sweet, fruity, and citric characters from flavours of green apple, apricot and tangerine are seamlessly merged with the nutty notes of macadamia and walnuts. Oaky notes unite with light peat for a mouth warming delight.
SAVOUR: Long and mouth drying with a touch of marine minerality.

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Sotheby’s and Masseto to offer the very first bottles to be released directly from the Masseto Caveau
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Sotheby’s and Masseto to offer the very first bottles to be released directly from the Masseto Caveau

Sotheby’s and Masseto to offer the very first bottles to be released directly from the Masseto Caveau

By Sotheby’s

Exclusive and limited edition past vintages of Masseto stored in the Tuscan estate’s steel cellar deep beneath the vineyard

ONLINE AUCTION: 12 – 27 APRIL 2023

“What is Masseto – above all, it is seductive opulence! With its deep, velvety, black cherries flavour and exotic chocolatey allure, Masseto is always exciting and a marvelous expression of luscious Merlot. You could call it noble perfection.”

SERENA SUTCLIFFE, MW, HONORARY CHAIRMAN, SOTHEBY’S WINE

TUSCANY, PARIS & LONDON, 24 March 2023 – The Tuscan wines have a long-established pedigree among wine connoisseurs worldwide. Masseto, born out of a small patch of the million-year-old Pliocene clay soil on the Tuscan Coast and overlooking the Tyrrenian Sea, has gained a unique place in the pantheon of collectible wines, to become one of the most valuable, coveted wines in all of Italy and beyond.

The Masseto estate is located on a magical hillside where the grapes grown here create unique, individual, complex, compelling yet elegant wines, with each vintage having the specific personality of Masseto, but always showing a different facet.

This spring, Sotheby’s and Masseto will join forces to present at auction an extremely limited number of bottles in varying formats directly from the Masseto Caveau – the most secret space in the winery’s cellar carved deep beneath the vineyard of the same name. It is in this stunningly designed location that bottles of every Masseto vintage rest in perfect conditions, each protected in its very own steel cradle.

Open for bidding from 12 to 27 April, Masseto | The Caveau Release comprises vintages spanning three decades, including 35 cases containing the 2006, 2010 and 2011 vintages, as well as magnums, double magnums, imperials and a single nebuchadnezzar. The 46 lots – an offering of 132 bottles in total – carry a combined estimate in the region of €200.000. The Masseto estate will also extend an invitation to the winning bidders to host them at the winery by the end of 2024.

“It is a great honour for Sotheby’s to work together with the incredible team at Masseto to offer the very first bottles to be released from the new winery’s Caveau. This auction is small, due to the limited size of production, but perfectly proportioned. It provides collectors with the opportunity to purchase, open and enjoy bottles, from seven different vintages, that come solely and directly from the Caveau. Each bottle has been elegantly dressed – providing evidence of the unique Caveau provenance – and comes in a beautiful presentation case which has been handcrafted in Bolgheri. The sale provides a dream scenario for wine lovers: mature vintages of one of the world’s greatest wines, with its own totally unique personality.”

AMAYÈS AOULI, SOTHEBY’S HEAD OF WINE, EUROPE

“It is a fascinating discovery every time we uncork an older vintage of Masseto. Each time we take a sip, we learn something new. How the wines we have brought up with patience and care, evolve. How they change. How each individual vintage expresses its unmistakable Masseto character, but with a slightly different interpretation – just as a masterpiece of music will sound differently according to the artist who plays it. A discovery that gives way to pure emotion in that special moment every wine lover is seeking.”

AXEL HEINZ, ESTATE DIRECTOR

All the bottles from the Masseto Caveau will be presented in oak cases handcrafted by an artisan in Bolgheri, which are numbered and contain a certificate of origin signed by Axel Heinz, Estate Director. Furthermore, every bottle comes with a Prooftag®, attesting to the wine’s authenticity. This includes the date when the bottle left the Caveau, stated on the front label: April 2023. In addition, Caveau is featured on every capsule as well as on the seals of guarantee that close the wooden cases – a singular confirmation of watertight provenance.

HIGHLIGHTS

o Masseto 2010, 1 Nebuchadnezzar, est. €18,000-26,000
o Masseto 2000, 1 Imperial, est. €6,000-8,500
o Masseto 2001, 1 Imperial, est. €7,500-11,000
o Masseto 2006, 1 Imperial, est. €7,000-10,000
o Masseto 2010, 1 Imperial, est. €8,000-10,000
o Masseto 2011, 1 Imperial, est. €6,500-8,500
o Masseto 2016, 1 Imperial, est. €6,000-8,000
o Masseto, 1 Double Magnum, in a range of vintages spanning 1996 to 2011, estimates ranging from €2,400 upwards to €5,000
o Masseto, 3 Magnum vertical in the 2006, 2010 and 2011 vintages, est. €4,500-6,000 per lot
o Six-bottle double offerings of a three-bottle vertical of the 2006, 2010 and 2011 vintages, est. €4,000-5,500 per lot
o Individual offerings of a three-bottle vertical of the 2006, 2010 and 2011 vintages, est. €1,800-2,600 per lot

About Sotheby’s Wine

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative.

Sotheby’s Wine’s annual worldwide auction sales of wine and spirits achieved a record total of $158 million in 2022, a 20% increase from 2021. Sotheby’s currently holds the world records for any whisky collection ever sold at auction, any private wine collection ever sold at auction, the most valuable bottle of wine ever sold at auction and the most valuable bottle of spirits ever sold at auction, in addition to the highest ever total for a charity wine auction.

In addition to auction, Sotheby’s Wine launched a retail business in 2010. With a retail store located in Sotheby’s New York headquarters and e-commerce at www.sothebyswine.com, Sotheby’s Wine offers a carefully curated selection of wines from the world’s most prestigious producers and important regions. Expertly assembled by our experienced specialists, the selection is built upon lasting relationships with winemakers from across the globe, with bottles that are ready for immediate consumption, in addition to investment-worthy wines from highly sought-after vintages. A second retail location opened in Sotheby’s Hong Kong galleries in 2014.

Sotheby’s

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KAWS Launching Soon | Invest Now
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Masterworks | KAWS Launching Soon | Invest Now

KAWS Launching Soon | Invest Now

A copy of the Offering Circular is available HERE.

1. A “record price” reflects the highest hammer price (excluding auction house buyer’s premium) achieved at a public auction for any artwork by a particular artist. The art market considers the progression of record hammer prices to be an indication of an artist’s market momentum and growth rate. Paintings by KAWS have a record price compound annual growth rate (“CAGR”) of 92.2% from Match 14, 2009 to September 30, 2022. This calculation is based on (i) a record price of $1,815 on March 14, 2009, the earliest date that a painting by the artist was sold at public auction according to publicly available data and (ii) $12,738,800, the most recent record price as of September 30, 2022, the date that the Masterworks internal public sale database was last populated with artist market records. This analysis is based on public records as tracked by Masterworks and third-party data sources. Past record hammer price trends may not be indicative of future trends.

Masterworks is “testing the waters” under Regulation A under the Securities Act of 1933. Masterworks will only be able to make sales after an offering statement has been filed with the Securities and Exchange Commission (SEC) and the SEC has “qualified” the offering statement. no money or other consideration is being solicited, and if sent in response, will not be accepted. no offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the issuer with the SEC has been qualified by the SEC, any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. an indication of interest involves no obligation or commitment of any kind. You must read the offering documents filed with the SEC before investing and the additional information available at www.masterworks.com/disclaimer.

Masterworks is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.

Masterworks is solely responsible for this communication. No FINRA registered broker-dealer or financial advisor is or has been involved in the development or dissemination of this communication.

Masterworks, LLC is located at 225 Liberty St, 29th Floor, New York, NY 10281.

INVEST

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Sotheby's---Picasso’s-Joyful-&-Tender-Portrait-of-his-Daughter-Maya
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Sotheby’s – Picasso’s Joyful & Tender Portrait of his Daughter Maya

Picasso’s Joyful & Tender Portrait of his Daughter Maya – Born in Secrecy to his Greatest Love – Comes to Auction with an Estimate of $15-20 Million

By Sotheby’s

 

Formerly Owned by Gianni Versace, the Painting Reemerges onto the Market for the First Time in Almost a Quarter of a Century

– The First Portrait of Maya by Picasso to Appear at Auction Since 1999 –

Sotheby’s London, 1 March 2023

Sotheby's---Picasso’s-Joyful-&-Tender-Portrait-of-his-Daughter-Maya

Sotheby’s—Picasso’s-Joyful-&-Tender-Portrait-of-his-Daughter-Maya

LONDON, JANUARY 2023 – The women in Picasso’s life have always been at the heart of the artist’s oeuvre. On September 5, 1935, a new muse arrived in the form of his daughter Maya, named María de la Conceptión after Picasso’s beloved late sister, and born in secrecy while Picasso was still married to his first wife, the former ballerina Olga Khokhlova. The daughter of his greatest love Marie-Thérèse Walter, Maya was to prove an immense source of happiness for Picasso. Her timely birth coincided with a personal crisis which Picasso later referred to as “the worst period of his life”. A lengthy divorce battle with Olga and the associated loss of his beloved property, Château de Boisgeloup, in combination with the increasingly worsening political situation in Europe and a deepening sense of the inevitability of war, conspired to overwhelm the artist, who was experiencing a nearly year-long abstinence from painting.

Between January 1938 and November 1939 Picasso painted fourteen portraits of Maya – the most important series Picasso devoted to one of his children, in which his joy as a father finds poignant expression in his joy as an artist. One of the artist’s most playful and bold depictions of his daughter will now appear at auction for the first time in more than 20 years. Estimated at $15-20 million (in the region of £12-18 million), Fillette au bateau (Maya) will be offered in Sotheby’s Modern & Contemporary Evening Auction in London on 1 March 2023. Kept by Picasso until his death in 1973, the painting was subsequently owned by Gianni Versace, before being sold by Sotheby’s in London in 1999 as part of the late fashion designer’s collection of 25 works by the artist. Its reappearance on the market coincides with the passing of Maya Ruiz-Picasso on December 20, 2022, at 87 years of age. The work will go on view at Sotheby’s Hong Kong (5-7 February), New York (11-15 February) and London (22 February-1 March).

“In his portraits of Maya, Picasso reached for his most joyful, brightly coloured palette, and employed a combination of styles to elevate his daughter to the same level as his paintings of her mother, Marie-Thérèse – the artist’s greatest love, with whom we associate his most romantic pictures. There is a continued strong demand for paintings from the 1930s, and a work of this calibre is made even more remarkable for not having appeared on the market in almost a quarter of a century.”

SAMUEL VALETTE, SENIOR SPECIALIST, IMPRESSIONIST & MODERN ART DEPARTMENT, SOTHEBY’S LONDON

Painted on 4 February 1938, when Maya was two-and-a-half years old – shortly after Picasso had completed the monumental and harrowing Guernica – the portrait is filled with exuberant colour and energy. Picasso depicts Maya at eye level, and captures her fidgety nature through implied movement, while her face is depicted with the Cubistic distortion that was common in Picasso’s pictures from this era. An important feature of Picasso’s series of portraits of Maya is the striking resemblance that Maya’s features carry to those of her mother, Marie-Thérèse.

It was no secret that Picasso revered childhood, and in his art attempted to capture the spirit and freedom that often eludes adult creativity. Playing with his children presented him with an opportunity to reclaim his lost youth, and his portraits of them were extensions of that cherished playtime. He would sing songs to his daughter, dance with her, make paintings for doll’s houses from matchboxes, puppet theatres using paper, and small fabric figures with heads made of chickpeas.

Maya was Picasso’s eldest daughter and second child, following the birth of Paulo in 1921 (born to Olga Khokhlova), and preceding Claude in 1947 and Paloma in 1949 (born to Françoise Gilot) – all of whom were represented by Picasso in his art.

Young María – who could not pronounce her name, so her parents opted for Maya instead – was a constant presence in the artist’s studio – while her father worked on the large canvas for Guernica, she would innocently pat her hands on the surface, recognising the distinguishable profile of her mother in the faces of the anguished victims of the massacre.

“With his eyes he looked; with his hands he drew or modelled; with his skin, nostrils, heart, mind, with his gut, he sensed who we were, what was hidden in us, our being. This, I think, is why he was able to understand the human being – however young – with such truth.”

MAYA RUIZ-PICASSO, ‘MEMORIES: IMAGES OF CHILDREN’, IN WERNER SPIES (ED.), PICASSO’S WORLD OF CHILDREN, MUNICH & NEW YORK, 1996, P. 57).

Picasso would produce a final portrait of Maya in 1953, just as she was about to turn eighteen. After her father died, Maya would go on to devote her adult life to preserving Picasso’s legacy – and, in turn, her daughter Diana Widmaier Picasso recently turned the spotlight on her grandfather’s relationship with her mother as a small child, with a critically acclaimed exhibition at Paris’ Musée de Picasso – which united this painting with other portraits in this series for the first time.

Also confirmed for Sotheby’s Modern & Contemporary Evening Auction on 1 March, is a seminal four-metre-long painting by Edvard Munch exploring love, life and death on the Oslo fjord – from the walls of Max Reinhardt’s avant-garde Berlin theatre to a luxury cruise liner and hidden from the Nazis in a barn deep in the Norwegian forest, Dance on the Beach is being offered from the renowned Olsen Collection as part of a restitution settlement with the family of leading Jewish patron Curt Glaser, with an estimate of $15 – 25 million (in the region of £12 – 20 million). The sale will also include a monumental masterpiece from Gerhard Richter’s celebrated cycle of abstract painting. Also of spectacular proportions, and also spanning four metres across, Abstraktes Bild, 1986 will be offered with an estimate in excess of £20 million.

 

 

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Sotheby's International Realty: 1859 Bel Air Road Los Angeles, California, 90077 United States
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Sotheby’s International Realty: 1859 Bel Air Road Los Angeles, California, 90077 United States

Sotheby’s International Realty:

1859 Bel Air Road Los Angeles, California, 90077 United States

 

Enveloped in the lush landscape and bound by the masterful vision of icons in quality and thoughtful execution, award-winning architectural firm Tag Front and world-renowned interior designer Cesar Giraldo, 1859 Bel Air Road offers 20,000 square feet of venerable beauty and an artful abundance of sophistication.

Sotheby's International Realty:1859 Bel Air Road Los Angeles, California, 90077 United States

Sotheby’s International Realty:
1859 Bel Air Road Los Angeles, California, 90077 United States

The sleek curvature of the exterior of the house is a work of art in itself, with clean lines, geometric shapes, and a contemporary design that exudes sophistication and elegance. An eco-green living wall and a manicured pathway above a striking water feature encompass the 350-foot width of frontage and lead to a moment of arrival, peering above the clouds and extending to the views of the ocean, Catalina Island, and the canyons from Bel Air.
The grand, masterpiece spiral staircase connects two stories, appears suspended, and was carefully engineered with aluminum and steel, immediately immersing guests in the home’s meticulous design. A free-flowing main level dialogues with the outdoor veranda from the sunken formal living room and intimate entertainment spaces, to the breakfast nook and Poliform chef’s kitchen with a seamless caterer’s preparation galley ideally hidden directly behind.

Sotheby's International Realty: 1859 Bel Air Road Los Angeles, California, 90077 United States
Sotheby's International Realty: 1859 Bel Air Road Los Angeles, California, 90077 United States

The architecture is modern yet the amenities are luxurious

Each statement room is designed with a subtle transition from the last, the architecture is modern yet the amenities are luxurious. The master suite is a true oasis, with a fireplace, a sitting area, two walk-in closets, and a spa-like shower with tubs, steam shower, and dual vanities. Three-story walls of glass drape a bamboo cove exposing the incredible backyard scape totaling 1.6 acres with an outdoor lanai, a substantial infinity pool and spa, and an effortless flow over the canyon.
The lower level allows an ultimate experience in leisure and wellness, complete with a playroom, theater, gym with signature TechnoGym equipment, a wine lounge for over 1,152 bottles, and additional bedrooms to complete the nine-bedroom, ten-bath, three-powder-room offering. One of the premier tri-level estates in Bel Air, a first and last of its kind, 1859 is a home of impeccable attention to detail, an unmistakable eye for global design, and one of the finest vast view lots in Los Angeles. All in all, this Bel Air modern masterpiece is a true gem, offering the ultimate in luxury living. With its stunning design, top-of-the-line finishes, and state-of-the-art amenities, this is the perfect home for one who wants the best of everything. If you’re in the market for a high-end property, this Bel Air mansion is a must-see. Don’t miss your chance to own a piece of real estate history.

Sotheby's International Realty: 1859 Bel Air Road Los Angeles, California, 90077 United States

Sotheby’s International Realty:
1859 Bel Air Road Los Angeles, California, 90077 United States

PRICE

$68,000,000

BEDROOMS

9

BATHROOMS

13 Full

INTERIOR

20,000 Sq Ft.

EXTERIOR

1.39 Acre(s)

 

copyright © Photos: all rights reserved : www.sothebysrealty.com

www.sothebysrealty.com

 

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THE CARRERA COLLECTION - JULY 2023
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RM Sotheby,s | The Carrera Collection July 2023

THE CARRERA COLLECTION

JULY 2023
Con un total de casi 90 autos deportivos en una lista diversa de marcas, el hilo común que une a la Colección Carrera es su impresionante diversidad. Una selección casi enciclopédica de autos deportivos Porsche representa la mayoría de los modelos, incluidos los primeros 356 ejemplares, los 928 grand tourers de primera línea, así como múltiples generaciones del legendario cupé deportivo 911. La colección también incluye una variedad de atractivos clásicos modernos de marcas como Alfa Romeo, BMW, Mercedes-Benz, Alpina y Chevrolet. Cabe destacar que todos los coches de la colección se ofrecerán sin reserva.

La Colección Carrera se ofrecerá en dos ventas, una en Suiza y otra en Italia. Muy pronto se anunciarán más detalles, y lo alentamos a que se registre para obtener una cuenta de RM Sotheby’s para obtener las últimas actualizaciones.

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Remarkable Rubens and Bronzino Paintings Lead Masters Week to $100M Sales
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Las notables pinturas de Rubens y Bronzino lideran la Semana de los Maestros con ventas de $ 100 millones

Las notables pinturas de Rubens y Bronzino lideran la Semana de los Maestros con ventas de $ 100 millones

POR WILL FENSTERMAKER | 30 DE ENE DE 2023
Las pinturas de los Viejos Maestros se vendieron por 26,9 millones de dólares y 10,7 millones de dólares, respectivamente.

Los Viejos Maestros están de nuevo: las subastas anuales de la Semana de los Maestros de Sotheby’s   nuevamente superaron los $100 millones en ventas totales. Lo más destacado de la semana fue la  Colección Fisch Davidson , ensamblada por expertos , una de las colecciones más importantes de arte barroco que jamás haya aparecido en una subasta. Los diez lotes se vendieron en este evento de guante blanco de $ 49,6 millones, encabezado por  Salome Presented with the Head of Saint John the Baptist  (1609) de Sir Peter Paul Rubens. Parte de la Colección Real Española de 1666 a 1700, la impactante y magistral pintura, realizada por un artista entonces desconocido que acababa de regresar de Italia, se vendió por $ 26,9 millones, estableciendo el tercer precio más alto para el artista.

“El resultado de guante blanco de hoy para la colección Fisch Davidson fue un tributo tanto al drama y el esplendor de estas obras maestras barrocas como a la combinación de pasión y dedicación meticulosa con la que se armó la colección durante décadas”, dice George Wachter, Presidente de Sotheby’s y codirector mundial de pinturas de maestros antiguos. “Siempre creí que estas obras inspirarían a la próxima generación de coleccionistas de viejos maestros de todo el mundo, y de hecho lo hicieron”.

Batalla de ofertas por “Retrato de un hombre joven con una pluma y una hoja de papel” de Bronzino

Remarkable Rubens and Bronzino Paintings Lead Masters Week to $100M Sales

Remarkable Rubens and Bronzino Paintings Lead Masters Week to $100M Sales

Batalla de ofertas por “Retrato de un hombre joven con una pluma y una hoja de papel” de Bronzino

La subasta de Master Paintings  del jueves  estuvo encabezada por un fascinante  retrato de Bronzino (Agnolo di Cosimo)  que posiblemente representa al propio artista. Su venta por 10,7 millones de dólares, el doble de su estimación más alta y estableciendo un récord mundial para el artista, marca una resolución para el extraordinario y trágico viaje de la pintura. Pintado alrededor de 1527, el retrato es uno de los primeros de Bronzino y una vez fue propiedad de Sir William Temple, un destacado diplomático, político y ensayista. A lo largo de los años, se atribuyó incorrectamente a varios artistas diferentes y pasó por varios propietarios, hasta que finalmente entró en la colección de Ilse Hesselberger, heredera de la fortuna de una empresa alemana de máquinas de coser, y Franz Hesselberger, un hombre de negocios de Múnich.

En 1938, los nazis obligaron a Ilse Hesselberger a vender su propiedad, incluido el retrato de Bronzino, para financiar la construcción de un campo de tránsito y tres años más tarde fue asesinada en el campo de concentración de Kaunas. El arquitecto nazi Gerdy Troost estuvo en posesión de la obra, falsamente atribuida a Jacopino del Conte, durante algún tiempo antes de que fuera recuperada por los Hombres Aliados de Monumentos después de la guerra y exhibida en un bloque de oficinas alemán. Finalmente, solo el año pasado se  restituyó el retrato de Bronzino a los herederos de Ilse Hesselberger , luego vendido por la herencia para beneficiar a varias organizaciones benéficas en Nueva York.

LA VENTA DE $10.7M DE ESTE RETRATO BRONZINO DEVUELVE A ILSE HESSELBERGER A LA PROCEDENCIA HISTÓRICA DE LA IMPORTANTE PINTURA.

“Fue un privilegio presenciar la venta sin precedentes de esta obra extraordinaria en Sotheby’s hoy, sabiendo que las ganancias beneficiarán a Selfhelp Community Services y The Lighthouse Guild”, dice Raymond VJ Schrag, presidente de Selfhelp Community Services. “Esta obra entra ahora en un nuevo capítulo de su vida, y estamos muy contentos de que, a través de la venta de hoy, el nombre de Ilse Hesselberger se haya vuelto a escribir en su fascinante y larga historia”.

Las obras maestras holandesas de la colección Theiline Scheumann obtuvieron resultados especialmente sólidos, con un total de $ 8,1 millones, mientras que a lo largo de la semana se establecieron récords de subasta para Bronzino,  Master of the Spinola Anunciation  ($ 2,4 millones),  Lieve Pietersz Vershuier  ($ 1,1 millones),  Master HB con Griffin Head  ($441.000),  Christian Ezdorf  ($264.400, rompiendo el récord establecido por la misma obra en 2020) e  Isaak van Ruisdael  ($176.400). Más de un tercio de las obras ofrecidas habían estado fuera del mercado durante más de 30 años y la participación fue global en 18 países diferentes. Las instituciones realizaron una serie de adquisiciones, incluido el  San Bartolomé de Bernardo Cavallino. ($3,9 millones) por la Galería Nacional de Londres; el retrato de Anna Dorothea Therbusch  de un científico sentado en un escritorio a la luz de las velas  del Museo de Arte de Cleveland ($441,000); y  una conmovedora pintura de un joven dormido ante un libro abierto  de un artista activo en el círculo de Rembrandt van Rijn adquirida por el Museo Nacional de Estocolmo ($945,000) – que hará que estas magníficas obras regresen a la vista del público.

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Masterworks | Fight Inflation With Fine Art

Masterworks | Fight Inflation With Fine Art

A new study from Allianz Life reports inflation is forcing many Americans to alter their retirement plans:

  • 43% said they had to dip into their retirement savings due to inflation.
  • 54% said they have stopped or reduced retirement savings due to inflation.
  • 75% are concerned that the rising costs of living will affect their retirement plans.

With inflation north of 8%, and at its highest rate in 40+ years, it’s hard to blame them.

And it may not be easing up much that soon…

$1.5 trillion investment bank Deutsche Bank recently predicted the US is likely to see price pressures remain elevated and take two years to even fall below 6%, and will hover around that level in five years.

If you’re looking for portfolio solutions to help combat inflation, consider contemporary art…

 

Contemporary art has appreciated at an average rate of 13.5% annually in high inflation periods, like right now. And during those times, it has significantly outperformed US corporate bonds (0.5%), the S&P 500 (5.5%), emerging market equities (3.9%), and gold (3.2%), according to the MW All-Art Index.

With Masterworks, you can add contemporary art to your portfolio as an inflation hedge.

Get started now. Inflation could remain stubbornly high.

Download the mobile app today!

 

 

 

Masterworks is “testing the waters” under Regulation A under the Securities Act of 1933. Masterworks will only be able to make sales after an offering statement has been filed with the Securities and Exchange Commission (SEC) and the SEC has “qualified” the offering statement. no money or other consideration is being solicited, and if sent in response, will not be accepted. no offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the issuer with the SEC has been qualified by the SEC, any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. an indication of interest involves no obligation or commitment of any kind. You must read the offering documents filed with the SEC before investing and the additional information available at masterworks.com/cd.

*Reflects value-weighted price appreciation for all Contemporary Art (works produced after 1945) sold at least twice at public auction. There are significant differences between art investments and stocks.

Masterworks is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.

Masterworks.io, LLC is located at 225 Liberty Street, New York, NY 10281.

/by
, , , , , ,

Masterworks | Fight Inflation With Fine Art

Masterworks | Fight Inflation With Fine Art

A new study from Allianz Life reports inflation is forcing many Americans to alter their retirement plans:

  • 43% said they had to dip into their retirement savings due to inflation.
  • 54% said they have stopped or reduced retirement savings due to inflation.
  • 75% are concerned that the rising costs of living will affect their retirement plans.

With inflation north of 8%, and at its highest rate in 40+ years, it’s hard to blame them.

And it may not be easing up much that soon…

$1.5 trillion investment bank Deutsche Bank recently predicted the US is likely to see price pressures remain elevated and take two years to even fall below 6%, and will hover around that level in five years.

If you’re looking for portfolio solutions to help combat inflation, consider contemporary art…

 

Contemporary art has appreciated at an average rate of 13.5% annually in high inflation periods, like right now. And during those times, it has significantly outperformed US corporate bonds (0.5%), the S&P 500 (5.5%), emerging market equities (3.9%), and gold (3.2%), according to the MW All-Art Index.

With Masterworks, you can add contemporary art to your portfolio as an inflation hedge.

Get started now. Inflation could remain stubbornly high.

Download the mobile app today!

 

 

 

Masterworks is “testing the waters” under Regulation A under the Securities Act of 1933. Masterworks will only be able to make sales after an offering statement has been filed with the Securities and Exchange Commission (SEC) and the SEC has “qualified” the offering statement. no money or other consideration is being solicited, and if sent in response, will not be accepted. no offer to buy the securities can be accepted and no part of the purchase price can be received until the offering statement filed by the issuer with the SEC has been qualified by the SEC, any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification. an indication of interest involves no obligation or commitment of any kind. You must read the offering documents filed with the SEC before investing and the additional information available at masterworks.com/cd.

*Reflects value-weighted price appreciation for all Contemporary Art (works produced after 1945) sold at least twice at public auction. There are significant differences between art investments and stocks.

Masterworks is not registered, licensed or supervised as a broker dealer or investment adviser by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA) or any other financial regulatory authority or licensed to provide any financial advice or services.

Masterworks.io, LLC is located at 225 Liberty Street, New York, NY 10281.

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