SOTHEBY'S GENEVA ANNOUNCED RECENTLY THAT IT WILL PRESENT AN IMPORTANT PINK DIAMOND, WEIGHING 10.99 CARATS IN ITS SALE OF MAGNIFICENT & NOBLE JEWELS ON 17.MAY, SIX MONTHS AFTER THE RECORD BREAKING SALE OF THE GRAFF DIAMOND, THE MOST EXPENSIVE DIAMOND AND JEWEL EVER SOLD AT AUCTION. COMMENTING OF THE FORTHCOMING SALE, DAVID BENNETT, CHAIRMAN OF SOTHEBY'S JEWELRY DEPARTMENT FOR EUROPE AND THE MIDDLE EAST SAID: 'I DO NOT REMEMBER THE MARKET FOR COLOURED DIAMONDS TO HAVE EVER BEEN AS STRONG AS IT IS TODAY. THIS WAS UNDERLINED BY THE UNPRECEDENTED RESULTS OF OUR LAST NOVEMBER SALE AND UNDOUBTEDLY INFLUENCED THE OWNER'S DECISION TO SELL THIS BEAUTIFUL PINK DIAMOND WHICH HAS NOT APPEARED ON THE MARKET FOR OVER 30 YEARS.' THE SUPERB STONE, MOUNTED AS A RING, HAS BEEN GRADED 'FANCY INTENSE PINK', NATURAL COLOUR AND VSI CLARITY BY THE GEMOLOGICAL INSTITUTE OF AMERICA. IT HAS BEEN FURTHER ASSESSED TO BE PART OF A VERY RARE SUBGROUP OF DIAMONDS AS TYPE IIa AND COMPRISING LESS THAN 2% OF ALL OF THE WORLD'S GEM DIAMONDS. THE BEAUTY AND RARITY OF THE STUNNING DIAMOND ALSO LIES IN ITS CUT AND SHAPE. IT FEATURES A CLASSIC EMERALD CUT, A STYLE OF CUTTING NORMALLY ASSOCIATED WITH WHITE DIAMONDS AND IMMENSELY SOUGHT-AFTER WHEN FOUND IN THE RARE COLOURS SUCH AS PINK AND BLUE. ESTIMATED AT $9-$12 MILLION, THE STONE IS BEING OFFERED FROM A PRIVATE COLLECTOR.

SOTHEBY'S TO SELL RARE 10.99 CARAT PINK DIAMOND

SOTHEBY'S GENEVA ANNOUNCED RECENTLY THAT IT WILL PRESENT AN IMPORTANT PINK DIAMOND, WEIGHING 10.99 CARATS IN ITS SALE OF MAGNIFICENT & NOBLE JEWELS ON 17.MAY, SIX MONTHS AFTER THE RECORD BREAKING SALE OF THE GRAFF DIAMOND, THE MOST EXPENSIVE DIAMOND AND JEWEL EVER SOLD AT AUCTION. COMMENTING OF THE FORTHCOMING SALE, DAVID BENNETT, CHAIRMAN OF SOTHEBY'S JEWELRY DEPARTMENT FOR EUROPE AND THE MIDDLE EAST SAID: 'I DO NOT REMEMBER THE MARKET FOR COLOURED DIAMONDS TO HAVE EVER BEEN AS STRONG AS IT IS TODAY. THIS WAS UNDERLINED BY THE UNPRECEDENTED RESULTS OF OUR LAST NOVEMBER SALE AND UNDOUBTEDLY INFLUENCED THE OWNER'S DECISION TO SELL THIS BEAUTIFUL PINK DIAMOND WHICH HAS NOT APPEARED ON THE MARKET FOR OVER 30 YEARS.' THE SUPERB STONE, MOUNTED AS A RING, HAS BEEN GRADED 'FANCY INTENSE PINK', NATURAL COLOUR AND VSI CLARITY BY THE GEMOLOGICAL INSTITUTE OF AMERICA. IT HAS BEEN FURTHER ASSESSED TO BE PART OF A VERY RARE SUBGROUP OF DIAMONDS AS TYPE IIa AND COMPRISING LESS THAN 2% OF ALL OF THE WORLD'S GEM DIAMONDS. THE BEAUTY AND RARITY OF THE STUNNING DIAMOND ALSO LIES IN ITS CUT AND SHAPE. IT FEATURES A CLASSIC EMERALD CUT, A STYLE OF CUTTING NORMALLY ASSOCIATED WITH WHITE DIAMONDS AND IMMENSELY SOUGHT-AFTER WHEN FOUND IN THE RARE COLOURS SUCH AS PINK AND BLUE. ESTIMATED AT $9-$12 MILLION, THE STONE IS BEING OFFERED FROM A PRIVATE COLLECTOR.

SOTHEBY'S TO SELL RARE 10.99 CARAT PINK DIAMOND

A 19th CENTURY PAINTING OF ST. PETERSBURG THAT MIKHAIL BARYSHNIKOV PURCHASED DECADES AGO, AND DEPICTING THE RUSSIAN CITY HE LOVED, WAS AUCTIONED RECENTLY FOR $746,500 TO BENEFIT THE FAMOUS DANCER'S NEW YORK CITY PERFORMING ARTS CENTER. THE PROCEEDS FROM THE SOTHEBY'S SALE WILL GO TOWARD NEW PROGRAMMING AT THE BARYSHNIKOV ARTS CENTER. A GERMAN PRIVATE COLLECTOR PLACED THE WINNING BID BY TELEPHONE FOR 'VIEW OF ST PETERSBURG' BY PETER PETROVICH VERESHCHAGIN. THE PRE-SALE ESTIMATE FOR THE STUNNING CITYSCAPE WAS $300,000 TO $500,000. BARYSHNIKOV RECENTLY DONATED THE PAINTING TO THE CENTER'S FOUNDATION SO IT COULD SELL IT TO RAISE MONEY TO DEVELOP NEW PROGRAMMING FROM THEATER DIRECTORS, MUSICIANS AND CHOREOGRAPHERS. BARYSHNIKOV SERVES AS ARTISTIC DIRECTOR OF THE CENTER THAT HE FOUNDED IN 2005 AS A 'CREATIVE LABORATORY' AND PERFORMANCE SPACE FOR MULTIDISCIPLINARY ARTISTS FROM AROUND THE WORLD. IT HOUSES FOUR STUDIOS, A STUDIO THEATER AND A 232-SEAT JEROME ROBBINS THEATER IN MANHATTAN's HELL's KITCHEN, OFFERING PERFORMANCES IN CHAMBER MUSIC, DANCE, THEATER AND VISUAL ARTS AND FILM SCREENINGS. IN A RECENT INTERVIEW WITH THE ASSOCIATED PRESS, BARYSHNIKOV SAID HE PURCHASED THE PAINTING AT A HELSINKI GALLERY AROUND 1978. WHILE IT HELD SENTIMENTAL VALUE BECAUSE HE 'SPENT THE BEST OF MY YOUTH' IN ST PETERSBURG, HE FELT THE MONEY FROM THE SALE COULD BE USED TO PRODUCE NEW ART AT HIS CENTER. 'THAT'S MUCH MORE IMPORTANT THAN A LOOK BACK AND BEING NOSTALGIC ABOUT THE PAST', HE SAID. BARYSHNIKOV SAID HIS NONPROFIT ARTS CENTER DID NOT YET HAVE AN ENDOWMENT AND RELIED ON DONATIONS FROM INDIVIDUALS AND CORPORATIONS. HE HAS ALREADY DONATED HUNDREDS OF WORKS FROM HIS EXTENSIVE 19th-20th CENTURY ART COLLECTION TO THE FOUNDATION BUT SAID THE VERESHCHAGIN WORK WAS THE FIRST TO BE SOLD TO BENEFIT THE ORGANIZATION. EVENTUALLY, BARYSHNIKOV SAID HE PLANNED TO DONATE ALL HIS ARTWORKS TO THE FOUNDATION.

SOTHEBY'S SELLS PAINTING ONCE OWNED BY BARYSHNIKOV

A 19th CENTURY PAINTING OF ST. PETERSBURG THAT MIKHAIL BARYSHNIKOV PURCHASED DECADES AGO, AND DEPICTING THE RUSSIAN CITY HE LOVED, WAS AUCTIONED RECENTLY FOR $746,500 TO BENEFIT THE FAMOUS DANCER'S NEW YORK CITY PERFORMING ARTS CENTER. THE PROCEEDS FROM THE SOTHEBY'S SALE WILL GO TOWARD NEW PROGRAMMING AT THE BARYSHNIKOV ARTS CENTER. A GERMAN PRIVATE COLLECTOR PLACED THE WINNING BID BY TELEPHONE FOR 'VIEW OF ST PETERSBURG' BY PETER PETROVICH VERESHCHAGIN. THE PRE-SALE ESTIMATE FOR THE STUNNING CITYSCAPE WAS $300,000 TO $500,000. BARYSHNIKOV RECENTLY DONATED THE PAINTING TO THE CENTER'S FOUNDATION SO IT COULD SELL IT TO RAISE MONEY TO DEVELOP NEW PROGRAMMING FROM THEATER DIRECTORS, MUSICIANS AND CHOREOGRAPHERS. BARYSHNIKOV SERVES AS ARTISTIC DIRECTOR OF THE CENTER THAT HE FOUNDED IN 2005 AS A 'CREATIVE LABORATORY' AND PERFORMANCE SPACE FOR MULTIDISCIPLINARY ARTISTS FROM AROUND THE WORLD. IT HOUSES FOUR STUDIOS, A STUDIO THEATER AND A 232-SEAT JEROME ROBBINS THEATER IN MANHATTAN's HELL's KITCHEN, OFFERING PERFORMANCES IN CHAMBER MUSIC, DANCE, THEATER AND VISUAL ARTS AND FILM SCREENINGS. IN A RECENT INTERVIEW WITH THE ASSOCIATED PRESS, BARYSHNIKOV SAID HE PURCHASED THE PAINTING AT A HELSINKI GALLERY AROUND 1978. WHILE IT HELD SENTIMENTAL VALUE BECAUSE HE 'SPENT THE BEST OF MY YOUTH' IN ST PETERSBURG, HE FELT THE MONEY FROM THE SALE COULD BE USED TO PRODUCE NEW ART AT HIS CENTER. 'THAT'S MUCH MORE IMPORTANT THAN A LOOK BACK AND BEING NOSTALGIC ABOUT THE PAST', HE SAID. BARYSHNIKOV SAID HIS NONPROFIT ARTS CENTER DID NOT YET HAVE AN ENDOWMENT AND RELIED ON DONATIONS FROM INDIVIDUALS AND CORPORATIONS. HE HAS ALREADY DONATED HUNDREDS OF WORKS FROM HIS EXTENSIVE 19th-20th CENTURY ART COLLECTION TO THE FOUNDATION BUT SAID THE VERESHCHAGIN WORK WAS THE FIRST TO BE SOLD TO BENEFIT THE ORGANIZATION. EVENTUALLY, BARYSHNIKOV SAID HE PLANNED TO DONATE ALL HIS ARTWORKS TO THE FOUNDATION.

SOTHEBY'S SELLS PAINTING ONCE OWNED BY BARYSHNIKOV

AN INTRICATE WOODEN BUST CARVED BY PAUL GAUGUIN IS EXPECTED TO SELL FOR AS MUCH AS $15 MILLION WHEN IT IS AUCTIONED ON 3.MAY, ACCORDING TO SOTHEBY'S. 'JEUNE TAHITIENNE', WHICH WAS CARVED BY GAUGUIN DURING HIS FIRST TRIP TO TAHITI BETWEEN 1891 AND 1893, DEPICTS A YOUNG, UNIDENTIFIED TAHITIAN WOMAN AND INCLUDES JEWELRY WHICH GAUGUIN MADE HIMSELF USING SEASHELLS AND PIECES OF RED CORAL. A PIECING LEFT ON THE EAR IS BELIEVED BY EXPERTS TO HAVE ONCE HELD A FLOWER, AND TWO FOXES CARVED IN THE BACK OF THE NECK REPRESENT A SORT OF SIGNATURE GAUGUIN OFTEN USED, WITH THE FOXES BEING REPRESENTATIVE OF SEXUALITY. 'IT'S RARE TO SEE A PIECE OF ART OF SUCH GREAT QUALITY AND WITH SUCH A GREAT STORY', SAID SIMON SHAW, SOTHEBY'S HEAD OF IMPRESSIONIST AND MODERN ART. 'IT'S TRULY UNIQUE.' THE 9.5 INCH HIGH CARVING, WHICH HAS NOT BEEN SEEN IN PUBLIC SINCE 1961, WAS GIVEN AS A GIFT TO THEN 10 YEAR OLD JEANNE FOURNIER, THE DAUGHTER OF FRENCH ART CRITIC AND COLLECTOR JEAN DOLENT. 'HIS SCULPTURES WEREN'T VERY WELL RECEIVED BY THE FRENCH AVANT-GARDE ART WORLD AT THE TIME, EVEN THOUGH HE CONSIDERED THEM HIS GREATEST ACHIEVEMENTS', SHAW SAID. 'FOURNIER PROBABLY RESPONDED IN A MUCH MORE POSITIVE AND VISCERAL WAY.' FOURNIER LATER GAVE THE SCULPTURE TO FATHER CELAS RZEWUSKI, A DOMINICAN PRIEST, WHO IN TURN HANDED IT OVER TO SOTHEBY'S, WHO SOLD IT TO ITS CURRENT OWNER. THE SCULPTURE IS THE ONLY FULLY-WORKED BUST GAUGUIN IS KNOWN TO HAVE MADE. HE IS BETTER KNOWN FOR HIS POST-IMPRESSIONIST PAINTINGS, MANY OF WHICH DEPICT SCENES FROM THE YEARS HE SPENT LIVING IN THE ISLANDS OF FRENCH POLYNESIA. AFTER AN INITIAL VOYAGE FROM 1891 TO 1893, GAUGUIN EVENTUALLY MOVED THERE PERMANENTLY AND IT IS WHERE HE LATER DIED. SHAW SAID THAT GAUGUIN'S FASCINATION WITH FRENCH POLYNESIA STEMMED FROM HIS DESIRE TO ESCAPE MODERN LIFE AND HIS FORMER CAREER AS A STOCKBROKER IN FRANCE, SOMETHING THAT RESONATES WITH MANY OF HIS MODERN-DAY ENTHUSIASTS. 'AFTER HE LEFT THE BANKING INDUSTRY, HE BECAME A REAL ESCAPIST', SHAW SAID. 'HE WANTED TO GET AWAY FROM CROWDS AND MODERNITY. HE WENT LOOKING FOR ANOTHER WORLD BEYOND THE MODERN WORLD', HE ADDED. 'SOMETHING ABOUT THIS DESIRE FOR ESCAPE AND FINDING AN ALTERNATIVE REALITY REALLY HAS GREAT RESONANCE FOR TODAY.'

SOTHEBY'S TO SELL GAUGUIN CARVED SCULPTURE 'JEUNE TAHITIENNE'

AN INTRICATE WOODEN BUST CARVED BY PAUL GAUGUIN IS EXPECTED TO SELL FOR AS MUCH AS $15 MILLION WHEN IT IS AUCTIONED ON 3.MAY, ACCORDING TO SOTHEBY'S. 'JEUNE TAHITIENNE', WHICH WAS CARVED BY GAUGUIN DURING HIS FIRST TRIP TO TAHITI BETWEEN 1891 AND 1893, DEPICTS A YOUNG, UNIDENTIFIED TAHITIAN WOMAN AND INCLUDES JEWELRY WHICH GAUGUIN MADE HIMSELF USING SEASHELLS AND PIECES OF RED CORAL. A PIECING LEFT ON THE EAR IS BELIEVED BY EXPERTS TO HAVE ONCE HELD A FLOWER, AND TWO FOXES CARVED IN THE BACK OF THE NECK REPRESENT A SORT OF SIGNATURE GAUGUIN OFTEN USED, WITH THE FOXES BEING REPRESENTATIVE OF SEXUALITY. 'IT'S RARE TO SEE A PIECE OF ART OF SUCH GREAT QUALITY AND WITH SUCH A GREAT STORY', SAID SIMON SHAW, SOTHEBY'S HEAD OF IMPRESSIONIST AND MODERN ART. 'IT'S TRULY UNIQUE.' THE 9.5 INCH HIGH CARVING, WHICH HAS NOT BEEN SEEN IN PUBLIC SINCE 1961, WAS GIVEN AS A GIFT TO THEN 10 YEAR OLD JEANNE FOURNIER, THE DAUGHTER OF FRENCH ART CRITIC AND COLLECTOR JEAN DOLENT. 'HIS SCULPTURES WEREN'T VERY WELL RECEIVED BY THE FRENCH AVANT-GARDE ART WORLD AT THE TIME, EVEN THOUGH HE CONSIDERED THEM HIS GREATEST ACHIEVEMENTS', SHAW SAID. 'FOURNIER PROBABLY RESPONDED IN A MUCH MORE POSITIVE AND VISCERAL WAY.' FOURNIER LATER GAVE THE SCULPTURE TO FATHER CELAS RZEWUSKI, A DOMINICAN PRIEST, WHO IN TURN HANDED IT OVER TO SOTHEBY'S, WHO SOLD IT TO ITS CURRENT OWNER. THE SCULPTURE IS THE ONLY FULLY-WORKED BUST GAUGUIN IS KNOWN TO HAVE MADE. HE IS BETTER KNOWN FOR HIS POST-IMPRESSIONIST PAINTINGS, MANY OF WHICH DEPICT SCENES FROM THE YEARS HE SPENT LIVING IN THE ISLANDS OF FRENCH POLYNESIA. AFTER AN INITIAL VOYAGE FROM 1891 TO 1893, GAUGUIN EVENTUALLY MOVED THERE PERMANENTLY AND IT IS WHERE HE LATER DIED. SHAW SAID THAT GAUGUIN'S FASCINATION WITH FRENCH POLYNESIA STEMMED FROM HIS DESIRE TO ESCAPE MODERN LIFE AND HIS FORMER CAREER AS A STOCKBROKER IN FRANCE, SOMETHING THAT RESONATES WITH MANY OF HIS MODERN-DAY ENTHUSIASTS. 'AFTER HE LEFT THE BANKING INDUSTRY, HE BECAME A REAL ESCAPIST', SHAW SAID. 'HE WANTED TO GET AWAY FROM CROWDS AND MODERNITY. HE WENT LOOKING FOR ANOTHER WORLD BEYOND THE MODERN WORLD', HE ADDED. 'SOMETHING ABOUT THIS DESIRE FOR ESCAPE AND FINDING AN ALTERNATIVE REALITY REALLY HAS GREAT RESONANCE FOR TODAY.'

SOTHEBY'S TO SELL GAUGUIN CARVED SCULPTURE 'JEUNE TAHITIENNE'

DAVID BENNETT, SOTHEBY'S CHAIRMAN OF JEWELRY FOR EUROPE AND THE MIDDLE EAST, TODAY ANNOUNCED THAT SOTHEBY'S WILL SELL THE MOST VALUABLE EMERALD AND DIAMOND TIARA TO HAVE APPEARED AT AUCTION IN OVER 30 YEARS IN ITS SALE OF MAGNIFICENT AND NOBLE JEWELS IN GENEVA ON 17.MAY. ESTIMATED TO SELL FOR A RECORD £3.1-6.2 MILLION, THE HIGHLY IMPORTANT AND EXTREMELY RARE EMERALD AND DIAMOND TIARA IS COMPOSED OF 11 EXCEPTIONALLY RARE COLOMBIAN EMERALD PEAR-SHAPED DROPS WHICH WEIGH OVER 500 CARATS IN TOTAL, WHICH MAY WELL HAVE ORIGINALLY ADORNED THE NECK OF A MAHARAJAH. THE EMERALDS ARE ALSO BELIEVED TO HAVE BEEN IN THE PERSONAL COLLECTION OF EMPRESS EUGENIE. THE SUPERB TIARA WAS COMMISSIONED, POSSIBLY FROM THE RENOWNED JEWELERS CHAUMET, BY GUIDO COUNT VON HENCKEL, FIRST PRINCE VON DONNERSMARCK FOR HIS SECOND WIFE PRINCESS KATHARINA. THE JEWELRY COLLECTION OF THE DONNERSCARCKS WAS KNOWN TO BE ON PAR WITH, OR EVEN TO HAVE EXCEEDED, THOSE OF MANY OF THE CROWNED HEADS OF EUROPE.

SOTHEBY'S TO SELL EMERALD AND DIAMOND TIARA

DAVID BENNETT, SOTHEBY'S CHAIRMAN OF JEWELRY FOR EUROPE AND THE MIDDLE EAST, TODAY ANNOUNCED THAT SOTHEBY'S WILL SELL THE MOST VALUABLE EMERALD AND DIAMOND TIARA TO HAVE APPEARED AT AUCTION IN OVER 30 YEARS IN ITS SALE OF MAGNIFICENT AND NOBLE JEWELS IN GENEVA ON 17.MAY. ESTIMATED TO SELL FOR A RECORD £3.1-6.2 MILLION, THE HIGHLY IMPORTANT AND EXTREMELY RARE EMERALD AND DIAMOND TIARA IS COMPOSED OF 11 EXCEPTIONALLY RARE COLOMBIAN EMERALD PEAR-SHAPED DROPS WHICH WEIGH OVER 500 CARATS IN TOTAL, WHICH MAY WELL HAVE ORIGINALLY ADORNED THE NECK OF A MAHARAJAH. THE EMERALDS ARE ALSO BELIEVED TO HAVE BEEN IN THE PERSONAL COLLECTION OF EMPRESS EUGENIE. THE SUPERB TIARA WAS COMMISSIONED, POSSIBLY FROM THE RENOWNED JEWELERS CHAUMET, BY GUIDO COUNT VON HENCKEL, FIRST PRINCE VON DONNERSMARCK FOR HIS SECOND WIFE PRINCESS KATHARINA. THE JEWELRY COLLECTION OF THE DONNERSCARCKS WAS KNOWN TO BE ON PAR WITH, OR EVEN TO HAVE EXCEEDED, THOSE OF MANY OF THE CROWNED HEADS OF EUROPE.

SOTHEBY'S TO SELL EMERALD AND DIAMOND TIARA

SOTHEBY'S ANNOUNCED TODAY THAT, IN PARTNERSHIP WITH THE AUCTION HOUSE PIASA, IT WILL SELL THE FABIUS FRERES GALLERY COLLECTION ON 18-19.OCTOBER IN PARIS. THE 400 SCULPTURES, PIECES OF FURNITURE, WORKS OF ART, DRAWINGS AND 19th CENTURY PAINTINGS, ESTIMATED TO SELL FOR €9 - 14 MILLION, WILL BE ON DISPLAY AT THE GALERIE CHARPENTIER FOR FIVE DAYS PRIOR TO THE SALE. THE FABIUS FRERES GALLERY IN KNOWN WORLDWIDE FOR THE EXCEPTIONAL QUALITY, CONDITION AND PROVENANCE OF WORKS OF ART IN THEIR COLLECTION. THE SELECTION OF SCULPTURE TO BE OFFERED REPRESENTS PERHAPS THE MOST IMPORTANT GROUP OF 19th CENTURY SCULPTURES EVER TO BE SOLD AT AUCTION AND INCLUDES WORKS BY TWO OF THE LEADING EUROPEAN SCULPTORS OF THEIR TIME, ANTOINE-LOUIS BARYE AND JEAN-BAPTISTE CARPEAUX. THE FURNITURE SECTION COMPRISES CLASSICAL 18th CENTURY AND MORE EXUBERANT CREATIONS FROM THE 19th CENTURY. THE CLASSICAL FURNITURE RANGES FROM THE PERIOD OF LOUIS XIV TO EMPIRE STYLE. FOR DECADES THE FABIUS FRERES GALLERY PROMOTED THE FURNITURE OF THE 19th CENTURY, INCLUDING WORKS BY MAJOR CABINETMAKERS SUCH AS GROHE OR DIEHL, AS WELL AS ASTONISHING NEO-RENAISSANCE CREATIONS. IN THE DECORATIVE ART SECTIONS, CERAMICS AND GLASS FROM THE FABIUS FRERES GALLERY COLLECTION ARE REPRESENTED WITH A RICH DIVERSITY OF PIECES, AND UNIQUE AND REFINED WORKS BY THEODORE DECK, EUGENE COLLINOT AND MAURICE MARINOT. THE COLLECTION BRINGS TO SALE AN INTERESTING GROUP OF PAINTINGS AND DRAWINGS BY THE SCULPTORS CARPEAUX AND BARYE, AS WELL AS SOME GREAT 19th CENTURY PORTRAITS, AND GENRE PAINTINGS BY CAROLUS-DURAN, JEAN BERAUD AND ADOLPHE YVON. FOUNDER OF ONE OF THE MOST PRESTIGIOUS PARISIAN ART GALLERIES, ELLE FABIUS BECAME ONE OF THE PRINCIPAL ACTORS OF THE ART MARKET FROM THE 1890s TO THE 1940s. PASSIONATE ABOUT NAPOLEON AND LAFAYETTE MEMORABILIA, AND OBJECTS OF HISTORICAL SIGNIFICANCE, AS WELL AS SCULPTURE BY BARYE AND CARPEAUX, FABIUS BROUGHT THE 19th CENTURY STYLE BACK INTO FASHION. PIECES WHICH PASSED THROUGH HIS HANDS ARE NOW IN THE COLLECTIONS OF THE MOST IMPORTANT MUSEUMS IN FRANCE AND IN THE UNITED STATES. ELIE FABIUS' WORK WAS CARRIED ON FIRST BY HIS SONS AND THEN WITH THE SAME ELEGANCE AND PASSION BY HIS GRANDSON FRANCOIS, DECEASED IN 2006. SOTHEBY'S AND PIASA ARE VERY PROUD TO HAVE BEEN ENTRUSTED BY MRS ARMELLE FABIUS WITH THE SALE OF SUCH A PRESTIGIOUS COLLECTION.

SOTHEBY'S/PIASA TO SELL ICONIC FABIUS FRERES GALLERY COLLECTION

SOTHEBY'S ANNOUNCED TODAY THAT, IN PARTNERSHIP WITH THE AUCTION HOUSE PIASA, IT WILL SELL THE FABIUS FRERES GALLERY COLLECTION ON 18-19.OCTOBER IN PARIS. THE 400 SCULPTURES, PIECES OF FURNITURE, WORKS OF ART, DRAWINGS AND 19th CENTURY PAINTINGS, ESTIMATED TO SELL FOR €9 - 14 MILLION, WILL BE ON DISPLAY AT THE GALERIE CHARPENTIER FOR FIVE DAYS PRIOR TO THE SALE. THE FABIUS FRERES GALLERY IN KNOWN WORLDWIDE FOR THE EXCEPTIONAL QUALITY, CONDITION AND PROVENANCE OF WORKS OF ART IN THEIR COLLECTION. THE SELECTION OF SCULPTURE TO BE OFFERED REPRESENTS PERHAPS THE MOST IMPORTANT GROUP OF 19th CENTURY SCULPTURES EVER TO BE SOLD AT AUCTION AND INCLUDES WORKS BY TWO OF THE LEADING EUROPEAN SCULPTORS OF THEIR TIME, ANTOINE-LOUIS BARYE AND JEAN-BAPTISTE CARPEAUX. THE FURNITURE SECTION COMPRISES CLASSICAL 18th CENTURY AND MORE EXUBERANT CREATIONS FROM THE 19th CENTURY. THE CLASSICAL FURNITURE RANGES FROM THE PERIOD OF LOUIS XIV TO EMPIRE STYLE. FOR DECADES THE FABIUS FRERES GALLERY PROMOTED THE FURNITURE OF THE 19th CENTURY, INCLUDING WORKS BY MAJOR CABINETMAKERS SUCH AS GROHE OR DIEHL, AS WELL AS ASTONISHING NEO-RENAISSANCE CREATIONS. IN THE DECORATIVE ART SECTIONS, CERAMICS AND GLASS FROM THE FABIUS FRERES GALLERY COLLECTION ARE REPRESENTED WITH A RICH DIVERSITY OF PIECES, AND UNIQUE AND REFINED WORKS BY THEODORE DECK, EUGENE COLLINOT AND MAURICE MARINOT. THE COLLECTION BRINGS TO SALE AN INTERESTING GROUP OF PAINTINGS AND DRAWINGS BY THE SCULPTORS CARPEAUX AND BARYE, AS WELL AS SOME GREAT 19th CENTURY PORTRAITS, AND GENRE PAINTINGS BY CAROLUS-DURAN, JEAN BERAUD AND ADOLPHE YVON. FOUNDER OF ONE OF THE MOST PRESTIGIOUS PARISIAN ART GALLERIES, ELLE FABIUS BECAME ONE OF THE PRINCIPAL ACTORS OF THE ART MARKET FROM THE 1890s TO THE 1940s. PASSIONATE ABOUT NAPOLEON AND LAFAYETTE MEMORABILIA, AND OBJECTS OF HISTORICAL SIGNIFICANCE, AS WELL AS SCULPTURE BY BARYE AND CARPEAUX, FABIUS BROUGHT THE 19th CENTURY STYLE BACK INTO FASHION. PIECES WHICH PASSED THROUGH HIS HANDS ARE NOW IN THE COLLECTIONS OF THE MOST IMPORTANT MUSEUMS IN FRANCE AND IN THE UNITED STATES. ELIE FABIUS' WORK WAS CARRIED ON FIRST BY HIS SONS AND THEN WITH THE SAME ELEGANCE AND PASSION BY HIS GRANDSON FRANCOIS, DECEASED IN 2006. SOTHEBY'S AND PIASA ARE VERY PROUD TO HAVE BEEN ENTRUSTED BY MRS ARMELLE FABIUS WITH THE SALE OF SUCH A PRESTIGIOUS COLLECTION.

SOTHEBY'S/PIASA TO SELL ICONIC FABIUS FRERES GALLERY COLLECTION

A RIFLE BELONGING TO EDWARD, PRINCE OF WALES, BEFORE HE BECAME KING EDWARD VII WILL BE OFFERED BY GAVIN GARDINER (IN ASSOCIATION WITH SOTHEBY'S) IS A SALE OF FINE MODERN AND VINTAGE SPORTING GUNS AND RIFLES ON 20.APRIL, AT SOTHEBY'S NEW BOND STREET LOCATION. MADE BY FAMOUS LONDON GUNMAKER JAMES PURDEY & SONS, THIS HAMMER RIFLE WAS BUILT IN 1873 FOR THE PRINCE OF WALES (KING EDWARD VII 1901-1911) AND WAS USED ON NUMEROUS OCCASIONS. IT WAS SUBSEQUENTLY TAKEN TO INDIA AND USED DURING THE PRINCE'S VISIT IN 1876. RECORDS STATE THAT HER MAJESTY'S GOVERNMENT PLACED AN ORDER WITH PURDEY'S FOR A NUMBER OF RIFLES TO BE PRESENTED AS GIFTS DURING THE VISIT, HOWEVER THIS WAS THE PRINCE'S OWN EXAMPLE AND IS ESTIMATED AT £7,000-9,000. COMMENTING ON THE AUCTION, GAVIN GARDINER SAID: 'I AM DELIGHTED TO BE OFFERING SUCH A HISTORIC RIFLE AT MY FORTHCOMING AUCTION. BUILT IN 1873 FOR EDWARD, PRINCE OF WALES, THE RIFLE WAS GIVEN TO ONE OF HIS FAITHFUL HUSSARS FOLLOWING HIS RECORD TIGER SHOOT ON HIS STATE VISIT TO INDIA IN 1876. UNLIKE MANY OTHER RIFLES PRESENTED ON THIS VISIT AS GIFTS, THIS PARTICULAR RIFLE WAS THE PRINCE'S OWN, THAT HE USED TO GOOD EFFECT, AND WAS GIVEN IN REWARD TO FAITHFUL SERVICE TO A MEMBER OF HIS OWN REGIMENT AT THE END OF THE MONTHS SPORT. IT IS RARE THAT SUCH IMPORTANT AND HISTORIC ITEMS APPEAR AT AUCTION, AND I AM VERY PLEASED TO HAVE DISCOVERED THIS PIECE.' GAVIN GARDINER IS THE ONLY SPECIALIST FIREARMS AUCTIONEER HOLDING HIS AUCTIONS IN THE HEART OF LONDON'S WEST END, WHERE HE HOLDS TWO SALES EACH YEAR AS WELL AS HIS PRESTIGIOUS SALE AT THE GLENEAGLES HOTEL, SCOTLAND IN AUGUST.

RARE KING EDWARD VII RIFLE TO BE AUCTIONED IN APRIL

A RIFLE BELONGING TO EDWARD, PRINCE OF WALES, BEFORE HE BECAME KING EDWARD VII WILL BE OFFERED BY GAVIN GARDINER (IN ASSOCIATION WITH SOTHEBY'S) IS A SALE OF FINE MODERN AND VINTAGE SPORTING GUNS AND RIFLES ON 20.APRIL, AT SOTHEBY'S NEW BOND STREET LOCATION. MADE BY FAMOUS LONDON GUNMAKER JAMES PURDEY & SONS, THIS HAMMER RIFLE WAS BUILT IN 1873 FOR THE PRINCE OF WALES (KING EDWARD VII 1901-1911) AND WAS USED ON NUMEROUS OCCASIONS. IT WAS SUBSEQUENTLY TAKEN TO INDIA AND USED DURING THE PRINCE'S VISIT IN 1876. RECORDS STATE THAT HER MAJESTY'S GOVERNMENT PLACED AN ORDER WITH PURDEY'S FOR A NUMBER OF RIFLES TO BE PRESENTED AS GIFTS DURING THE VISIT, HOWEVER THIS WAS THE PRINCE'S OWN EXAMPLE AND IS ESTIMATED AT £7,000-9,000. COMMENTING ON THE AUCTION, GAVIN GARDINER SAID: 'I AM DELIGHTED TO BE OFFERING SUCH A HISTORIC RIFLE AT MY FORTHCOMING AUCTION. BUILT IN 1873 FOR EDWARD, PRINCE OF WALES, THE RIFLE WAS GIVEN TO ONE OF HIS FAITHFUL HUSSARS FOLLOWING HIS RECORD TIGER SHOOT ON HIS STATE VISIT TO INDIA IN 1876. UNLIKE MANY OTHER RIFLES PRESENTED ON THIS VISIT AS GIFTS, THIS PARTICULAR RIFLE WAS THE PRINCE'S OWN, THAT HE USED TO GOOD EFFECT, AND WAS GIVEN IN REWARD TO FAITHFUL SERVICE TO A MEMBER OF HIS OWN REGIMENT AT THE END OF THE MONTHS SPORT. IT IS RARE THAT SUCH IMPORTANT AND HISTORIC ITEMS APPEAR AT AUCTION, AND I AM VERY PLEASED TO HAVE DISCOVERED THIS PIECE.' GAVIN GARDINER IS THE ONLY SPECIALIST FIREARMS AUCTIONEER HOLDING HIS AUCTIONS IN THE HEART OF LONDON'S WEST END, WHERE HE HOLDS TWO SALES EACH YEAR AS WELL AS HIS PRESTIGIOUS SALE AT THE GLENEAGLES HOTEL, SCOTLAND IN AUGUST.

RARE KING EDWARD VII RIFLE TO BE AUCTIONED IN APRIL

FROM THREADBARE ARMCHAIRS TO MARBLE MANTEL CLOCKS, GARDEN FURNITURE TO A SILVER POCKET KNIFE, THOUSANDS OF THE LATE DUTCH QUEEN JULIANA'A POSSESSIONS ARE GOING UNDER THE HAMMER IN AN ATTIC SALE FIT FOR A KING. THE FOUR-DAY AUCTION BY SOTHEBY'S STARTED MONDAY AND WAS STIRRING INTEREST AMONG SERIOUS COLLECTORS AS WELL AS DIE-HARD ROYALTY FANS OF THE POPULAR HOUSE OF ORANGE. A TOTAL OF 1,725 LOTS GATHERED FROM SEVEN ROYAL PALACES WERE BEING AUCTIONED WITH THE PROCEEDS GOING TO FOUR CHARITIES, ONE CHOSEN BY EACH OF JULIANA'S FOUR DAUGHTERS. 'IT'S REALLY LIKE A ROYAL ATTIC SALE', AUCTIONEER MARK GROL TOLD THE ASSOCIATED PRESS. 'WITH PAINTINGS TO PRINTS, CERAMICS, SILVER, FURNITURE. JUST BASICALLY EVERYTHING YOU WOULD FIND IN A PALACE.' THE SALE IS INTENDED TO CLEAR OUT UNWANTED BELONGINGS THAT WERE LEFT OVER AFTER JULIANA'S ESTATE WAS DIVIDED AMONG HER DAUGHTERS FOLLOWING HER DEATH IN 2004 AT AGE 94. SOME 10,000 PEOPLE COME ON VIEWING DAYS LAST WEEK AT THE SOTHEBY'S OFFICE IN AMSTERDAM, SHUFFLING THROUGH A MAZE OF OAK TABLES, MAHOGANY AND SATINWOOD CHAIRS, AND GIANT CHANDELIERS. WALLS WERE LINED WITH OIL AND WATERCOLOUR PAINTINGS. TO UNDERSCORE THE ROYAL PROVENANCE, PHOTOS SHOWED SOME OF THE LOTS IN USE AT THE PALACES THEY CAME FROM. ONE PHOTO SHOWED QUEEN JULIANA, HER HUSBAND PRINCE BERNHARD AND THEIR FOUR DAUGHTERS, INCLUDING PRESENT QUEEN BEATRIX, EATING BREAKFAST AT SOESTDIJK PALACE USING A SERVICE BEING AUCTIONED WITH A PRE-SALE ESTIMATE OF $4,185-$5,580. GROL SAID THAT ONLY AFTER THE FIRST 213 LOTS WERE UP FOR GRABS ON MONDAY WOULD THERE WOULD BE AN INDICATION OF HOW FAR OVER THE PRE-SALE MINIMUM ESTIMATE OF ABOUT $2.07 MILLION THE AUCTION WOULD GO. HE SAID INTEREST WAS HIGH NOT JUST FROM THE NETHERLANDS, BUT ALSO FROM THE US, RUSSIA AND CHINA. EARLY BIDDING WAS BRISK, WITH A COMBINATION OF ONLINE, TELEPHONE AND AUCTION ROOM BIDS PUSHING UP THE PRICE OF THE FIRST LOT, A QUINTESSENTIALLY DUTCH WATERCOLOUR OF SKATERS ON A FROZEN WATERWAY BY JAN ANTHONIE LANGENDIJK TO $7,000. THE PRE-SALE ESTIMATE WAS $1,377-$2,066. THOSE IN THE ROOM WERE GIVEN CARDS, ORANGE, OF COURSE, WITH A BIDDER'S NUMBER ON IT. THERE APPEARED TO BE SOME BARGAINS ON OFFER, WITH THE CHEAPEST LOT AN OAK WRITING DESK WITH A PRE-SALE ESTIMATE OF JUST $35-$70. 'SOME ITEMS WILL GO FOR A REASONABLE PRICE, BUT WE HAVE A LOT OF INTEREST BOTH FROM COLLECTORS AND PEOPLE WHO WANT TO BUY A SOUVENIR FROM THE ROYAL FAMILY WHO'S VERY POPULAR IN THE NETHERLANDS', GROL SAID. ROYAL FANS WERE LIKELY BEHIND LIVELY ONLINE BIDDING FOR A PINE BOX WITH 'ZKH PRINS DER NEDERLANDEN STAL SOESTDIJK', MEANING 'HIS ROYAL HIGHNESS PRINCE OF THE NETHERLANDS SOESTDIJK STABLE' PAINTED ON THE LID. ONE BIDDER WHO DESCRIBED HIMSELF AS A COLLECTOR AND A ROYAL FAN SAID HE HOPED TO BUY SOME ANTIQUE PORCELAIN. 'I HAVE THE SAME PROBLEM AS THE ROYAL HOUSEHOLD', SAID THE MAN, WHO DECLINED TO GIVE HIS NAME. 'WHERE DO I PUT IT ALL?'

SOTHEBY'S SELLS THE LATE DUTCH QUEEN JULIANA'A POSSESSIONS

FROM THREADBARE ARMCHAIRS TO MARBLE MANTEL CLOCKS, GARDEN FURNITURE TO A SILVER POCKET KNIFE, THOUSANDS OF THE LATE DUTCH QUEEN JULIANA'A POSSESSIONS ARE GOING UNDER THE HAMMER IN AN ATTIC SALE FIT FOR A KING. THE FOUR-DAY AUCTION BY SOTHEBY'S STARTED MONDAY AND WAS STIRRING INTEREST AMONG SERIOUS COLLECTORS AS WELL AS DIE-HARD ROYALTY FANS OF THE POPULAR HOUSE OF ORANGE. A TOTAL OF 1,725 LOTS GATHERED FROM SEVEN ROYAL PALACES WERE BEING AUCTIONED WITH THE PROCEEDS GOING TO FOUR CHARITIES, ONE CHOSEN BY EACH OF JULIANA'S FOUR DAUGHTERS. 'IT'S REALLY LIKE A ROYAL ATTIC SALE', AUCTIONEER MARK GROL TOLD THE ASSOCIATED PRESS. 'WITH PAINTINGS TO PRINTS, CERAMICS, SILVER, FURNITURE. JUST BASICALLY EVERYTHING YOU WOULD FIND IN A PALACE.' THE SALE IS INTENDED TO CLEAR OUT UNWANTED BELONGINGS THAT WERE LEFT OVER AFTER JULIANA'S ESTATE WAS DIVIDED AMONG HER DAUGHTERS FOLLOWING HER DEATH IN 2004 AT AGE 94. SOME 10,000 PEOPLE COME ON VIEWING DAYS LAST WEEK AT THE SOTHEBY'S OFFICE IN AMSTERDAM, SHUFFLING THROUGH A MAZE OF OAK TABLES, MAHOGANY AND SATINWOOD CHAIRS, AND GIANT CHANDELIERS. WALLS WERE LINED WITH OIL AND WATERCOLOUR PAINTINGS. TO UNDERSCORE THE ROYAL PROVENANCE, PHOTOS SHOWED SOME OF THE LOTS IN USE AT THE PALACES THEY CAME FROM. ONE PHOTO SHOWED QUEEN JULIANA, HER HUSBAND PRINCE BERNHARD AND THEIR FOUR DAUGHTERS, INCLUDING PRESENT QUEEN BEATRIX, EATING BREAKFAST AT SOESTDIJK PALACE USING A SERVICE BEING AUCTIONED WITH A PRE-SALE ESTIMATE OF $4,185-$5,580. GROL SAID THAT ONLY AFTER THE FIRST 213 LOTS WERE UP FOR GRABS ON MONDAY WOULD THERE WOULD BE AN INDICATION OF HOW FAR OVER THE PRE-SALE MINIMUM ESTIMATE OF ABOUT $2.07 MILLION THE AUCTION WOULD GO. HE SAID INTEREST WAS HIGH NOT JUST FROM THE NETHERLANDS, BUT ALSO FROM THE US, RUSSIA AND CHINA. EARLY BIDDING WAS BRISK, WITH A COMBINATION OF ONLINE, TELEPHONE AND AUCTION ROOM BIDS PUSHING UP THE PRICE OF THE FIRST LOT, A QUINTESSENTIALLY DUTCH WATERCOLOUR OF SKATERS ON A FROZEN WATERWAY BY JAN ANTHONIE LANGENDIJK TO $7,000. THE PRE-SALE ESTIMATE WAS $1,377-$2,066. THOSE IN THE ROOM WERE GIVEN CARDS, ORANGE, OF COURSE, WITH A BIDDER'S NUMBER ON IT. THERE APPEARED TO BE SOME BARGAINS ON OFFER, WITH THE CHEAPEST LOT AN OAK WRITING DESK WITH A PRE-SALE ESTIMATE OF JUST $35-$70. 'SOME ITEMS WILL GO FOR A REASONABLE PRICE, BUT WE HAVE A LOT OF INTEREST BOTH FROM COLLECTORS AND PEOPLE WHO WANT TO BUY A SOUVENIR FROM THE ROYAL FAMILY WHO'S VERY POPULAR IN THE NETHERLANDS', GROL SAID. ROYAL FANS WERE LIKELY BEHIND LIVELY ONLINE BIDDING FOR A PINE BOX WITH 'ZKH PRINS DER NEDERLANDEN STAL SOESTDIJK', MEANING 'HIS ROYAL HIGHNESS PRINCE OF THE NETHERLANDS SOESTDIJK STABLE' PAINTED ON THE LID. ONE BIDDER WHO DESCRIBED HIMSELF AS A COLLECTOR AND A ROYAL FAN SAID HE HOPED TO BUY SOME ANTIQUE PORCELAIN. 'I HAVE THE SAME PROBLEM AS THE ROYAL HOUSEHOLD', SAID THE MAN, WHO DECLINED TO GIVE HIS NAME. 'WHERE DO I PUT IT ALL?'

SOTHEBY'S SELLS THE LATE DUTCH QUEEN JULIANA'A POSSESSIONS

A STUNNING, RARELY SEEN BEJEWELED, NEARLY 150 YEAR OLD CANOPY FROM INDIA IS EXPECTED TO SELL FOR AS MUCH AS $5 MILLION WHEN IT GOES UNDER THE HAMMER NEXT MONTH, ACCORDING TO SOTHEBY'S. THE PEARL CANOPY OF BARODA WILL BE ACUCTIONED OFF ON 24.MARCH AS PART OF A LARGER AUCTION OF INDIAN AND SOUTHEAST ASIAN WORKS OF ART IN NEW YORK. IT INCLUDES OVER 500,000 PEARLS, AS WELL AS NUMEROUS DIAMONDS, SAPPHIRES, RUBIES AND EMERALDS SEWN ON SILK. FLORAL 'PERSIAN-STYLE' VINES MADE WITH COLOURED BEADS CIRCLE THE CANOPY. 'THE MAHARAJA WAS A GREAT PATRON OF THE ARTS', SAID MARY JO OTSEA, THE WORLDWIDE DIRECTOR OF SOTHEBY'S CARPET DEPARTMENT. 'THIS PIECE IS A CONTINUATION OF THE GOLDEN AGE OF INDIAN ART FROM THE MUGHAL PERIOD, WITH PERSIAN INFLUENCES.' THE CANOPY DATES FROM AROUND 1865, WHEN IT WAS COMMISSIONED BY THE MAHARAJA OF BARODA, IN THE PRESENT-DAY INDIAN STATE OF GUJARAT. IT IS BELIEVED THAT THE PIECE WAS INTENDED TO BE DONATED AS A GIFT TO DECORATE THE TOMB OF THE PROPHET MOHAMED IN MEDINA, IN WHAT IS NOW SAUDI ARABIA. THE MAN WHO COMMISSIONED THE CANOPY, MAHARAJA KHANDE RAO GAEKWAR, WAS KNOWN TO BE PARTICULARLY FOND OF JEWELS. IN 1867, HE BOUGHT THE 'STAR OF THE SOUTH', ONE OF THE LARGEST DIAMONDS IN THE WORLD. THE CANOPY IS PART OF A SET WHICH INCLUDED FOUR LARGE RECTANGULAR JEWEL-ENCRUSTED CARPETS, OF WHICH ONLY ONE REMAINS. ONE OF THE RECTANGULAR CARPETS WAS SOLD AT AN AUCTION IN DOHA, QATAR IN MARCH 2009 FOR A RECORD $5.4 MILLION. ART HISTORIANS ARE STILL UNSURE EXACTLY HOW THE CARPET AND THE CANOPY WERE ARRANGED TOGETHER, OTSEA SAID. THE CANOPY HAD NOT BEEN SEEN FOR MORE THAN 100 YEARS UNTIL IT WAS INCLUDED IN AN EXHIBIT AT THE VICTORIA & ALBERT MUSEUM IN LONDON LAST YEAR. AT THE TIME THE CANOPY WAS CREATED THE NOMINALLY SOVEREIGN STATE OF BARODA WAS AMONG THE MOST PROSPEROUS IN BRITISH INDIA, WITH MUCH OF ITS INCOME COMING FROM COTTON, RICE AND SUGAR. BARODA STATE, WHICH WAS FOUNDED IN 1721, EXISTED UNTIL IT WAS INCORPORATED INTO NEWLY INDEPENDENT INDIA IN 1947.

SOTHEBY'S TO SELL RARE BEJEWELED CANOPY

A STUNNING, RARELY SEEN BEJEWELED, NEARLY 150 YEAR OLD CANOPY FROM INDIA IS EXPECTED TO SELL FOR AS MUCH AS $5 MILLION WHEN IT GOES UNDER THE HAMMER NEXT MONTH, ACCORDING TO SOTHEBY'S. THE PEARL CANOPY OF BARODA WILL BE ACUCTIONED OFF ON 24.MARCH AS PART OF A LARGER AUCTION OF INDIAN AND SOUTHEAST ASIAN WORKS OF ART IN NEW YORK. IT INCLUDES OVER 500,000 PEARLS, AS WELL AS NUMEROUS DIAMONDS, SAPPHIRES, RUBIES AND EMERALDS SEWN ON SILK. FLORAL 'PERSIAN-STYLE' VINES MADE WITH COLOURED BEADS CIRCLE THE CANOPY. 'THE MAHARAJA WAS A GREAT PATRON OF THE ARTS', SAID MARY JO OTSEA, THE WORLDWIDE DIRECTOR OF SOTHEBY'S CARPET DEPARTMENT. 'THIS PIECE IS A CONTINUATION OF THE GOLDEN AGE OF INDIAN ART FROM THE MUGHAL PERIOD, WITH PERSIAN INFLUENCES.' THE CANOPY DATES FROM AROUND 1865, WHEN IT WAS COMMISSIONED BY THE MAHARAJA OF BARODA, IN THE PRESENT-DAY INDIAN STATE OF GUJARAT. IT IS BELIEVED THAT THE PIECE WAS INTENDED TO BE DONATED AS A GIFT TO DECORATE THE TOMB OF THE PROPHET MOHAMED IN MEDINA, IN WHAT IS NOW SAUDI ARABIA. THE MAN WHO COMMISSIONED THE CANOPY, MAHARAJA KHANDE RAO GAEKWAR, WAS KNOWN TO BE PARTICULARLY FOND OF JEWELS. IN 1867, HE BOUGHT THE 'STAR OF THE SOUTH', ONE OF THE LARGEST DIAMONDS IN THE WORLD. THE CANOPY IS PART OF A SET WHICH INCLUDED FOUR LARGE RECTANGULAR JEWEL-ENCRUSTED CARPETS, OF WHICH ONLY ONE REMAINS. ONE OF THE RECTANGULAR CARPETS WAS SOLD AT AN AUCTION IN DOHA, QATAR IN MARCH 2009 FOR A RECORD $5.4 MILLION. ART HISTORIANS ARE STILL UNSURE EXACTLY HOW THE CARPET AND THE CANOPY WERE ARRANGED TOGETHER, OTSEA SAID. THE CANOPY HAD NOT BEEN SEEN FOR MORE THAN 100 YEARS UNTIL IT WAS INCLUDED IN AN EXHIBIT AT THE VICTORIA & ALBERT MUSEUM IN LONDON LAST YEAR. AT THE TIME THE CANOPY WAS CREATED THE NOMINALLY SOVEREIGN STATE OF BARODA WAS AMONG THE MOST PROSPEROUS IN BRITISH INDIA, WITH MUCH OF ITS INCOME COMING FROM COTTON, RICE AND SUGAR. BARODA STATE, WHICH WAS FOUNDED IN 1721, EXISTED UNTIL IT WAS INCORPORATED INTO NEWLY INDEPENDENT INDIA IN 1947.

SOTHEBY'S TO SELL RARE BEJEWELED CANOPY

TONIGHT, SOTHEBY'S IMPRESSIONIST & MODERN EVENING SALE WAS LED BY PABLO PICASSO'S ICONIC 1932 PAINTING OF MARIE-THERESE WALTER, LA LECTURE, WHICH SOLD TO A ROUND OF APPLAUSE FOR £25,241,250 /$40,711,612, MORE THAN DOUBLE THE LOW ESTIMATE OF £12 – 18 MILLION/$18.5-27.8 MILLION. FOLLOWING A HEATED BIDDING CONTEST THAT LASTED SIX MINUTES AMONG AT LEAST SEVEN BIDDERS, BOTH ON THE PHONE AND IN THE SALESROOM, THE WORK FINALLY SOLD TO AN ANONYMOUS BUYER BIDDING OVER THE TELEPHONE. ACHIEVING A STRONG TOTAL OF £68,834,400 / $111,023,004, WELL WITHIN THE PRE-SALE ESTIMATE OF £55,630,000 - 79,250,000, THE SALE WAS 84.5% SOLD BY VALUE. THE SALE OF LA LECTURE BROUGHT THE PAINTING TO EUROPE FOR THE FIRST TIME SINCE IT WAS PAINTED IN 1932. IT IS ONE OF A SERIES OF DEFINING WORKS IN THE ARTIST'S OEUVRE IN WHICH HE INTRODUCES HIS YOUNG LOVER MARIE-THERESE WALTER AS A RECOGNIZABLE FIGURE. THE COUPLE'S RELATIONSHIP WAS KEPT A WELL-GUARDED SECRET FOR MANY YEARS, BOTH ON THE ACCOUNT OF THE FACT THAT PICASSO WAS THEN STILL MARRIED TO OLGA AND BECAUSE OF MARIE-THERES'S AGE, SHE WAS 17 AT THE TIME THEIR RELATIONSHIP BEGAN. UNTIL THE PERIOD IN WHICH THE WORK WAS PAINTED, MARIE-THERESE ONLY EVER APPEARED IN PICASSO'S WORKS IN CODE, HER FEATURES OFTEN EMBEDDED IN THE BACKGROUND OF HIS PAINTINGS. BUT BY THE END OF 1931, PICASSO COULD NO LONGER REPRESS THE CREATIVE IMPULSE THAT HIS LOVER INSPIRED, AND OVER CHRISTMAS AND NEW YEAR 1931 AND '32, MARIE-THERESE EMERGED, FOR THE FIRST TIME, IN FULLY RECOGNIZABLE, LANGUOROUS FORM.

PICASSO'S LA LECTURE SELLS FOR RECORD £25,241,250

TONIGHT, SOTHEBY'S IMPRESSIONIST & MODERN EVENING SALE WAS LED BY PABLO PICASSO'S ICONIC 1932 PAINTING OF MARIE-THERESE WALTER, LA LECTURE, WHICH SOLD TO A ROUND OF APPLAUSE FOR £25,241,250 /$40,711,612, MORE THAN DOUBLE THE LOW ESTIMATE OF £12 – 18 MILLION/$18.5-27.8 MILLION. FOLLOWING A HEATED BIDDING CONTEST THAT LASTED SIX MINUTES AMONG AT LEAST SEVEN BIDDERS, BOTH ON THE PHONE AND IN THE SALESROOM, THE WORK FINALLY SOLD TO AN ANONYMOUS BUYER BIDDING OVER THE TELEPHONE. ACHIEVING A STRONG TOTAL OF £68,834,400 / $111,023,004, WELL WITHIN THE PRE-SALE ESTIMATE OF £55,630,000 - 79,250,000, THE SALE WAS 84.5% SOLD BY VALUE. THE SALE OF LA LECTURE BROUGHT THE PAINTING TO EUROPE FOR THE FIRST TIME SINCE IT WAS PAINTED IN 1932. IT IS ONE OF A SERIES OF DEFINING WORKS IN THE ARTIST'S OEUVRE IN WHICH HE INTRODUCES HIS YOUNG LOVER MARIE-THERESE WALTER AS A RECOGNIZABLE FIGURE. THE COUPLE'S RELATIONSHIP WAS KEPT A WELL-GUARDED SECRET FOR MANY YEARS, BOTH ON THE ACCOUNT OF THE FACT THAT PICASSO WAS THEN STILL MARRIED TO OLGA AND BECAUSE OF MARIE-THERES'S AGE, SHE WAS 17 AT THE TIME THEIR RELATIONSHIP BEGAN. UNTIL THE PERIOD IN WHICH THE WORK WAS PAINTED, MARIE-THERESE ONLY EVER APPEARED IN PICASSO'S WORKS IN CODE, HER FEATURES OFTEN EMBEDDED IN THE BACKGROUND OF HIS PAINTINGS. BUT BY THE END OF 1931, PICASSO COULD NO LONGER REPRESS THE CREATIVE IMPULSE THAT HIS LOVER INSPIRED, AND OVER CHRISTMAS AND NEW YEAR 1931 AND '32, MARIE-THERESE EMERGED, FOR THE FIRST TIME, IN FULLY RECOGNIZABLE, LANGUOROUS FORM.

PICASSO'S LA LECTURE SELLS FOR RECORD £25,241,250

TODAY AT SOTHEBY'S SALE OF IMPORTANT OLD MASTER PAINTINGS IN NEW YORK, A NEW AUCTION RECORD WAS ESTABLISHED FOR THE RENAISSANCE MASTER TITIAN WHEN HIS A SACRA CONVERSAZIONE: THE MADONNA AND CHILD WITH SAINTS LUKE AND CATHERINE OF ALEXANDRIA SOLD FOR A RECORD $16,822,500 TO A EUROPEAN PRIVATE COLLECTOR. THE PRICE EXCEEDED THE PREVIOUS RECORD OF $13.6 MILLION, WHICH HAD HELD FOR 20 YEARS. A SACRA CONVERSAZIONE IS ONE OF ONLY A HANDFUL OF MULTI-FIGURE COMPOSITIONS BY TITIAN THAT REMAIN IN PRIVATE HANDS, AND IS THE MOST IMPORTANT TO APPEAR AT AUCTION IN DECADES. THE MORNING SESSION ENDED WITH AN OUTSTANDING TOTAL OF $78.6 MILLION, WHICH IS ABOVE THE SESSION'S HIGH ESTIMATE OF $74 MILLION. IN ADDITION TO THE TITIAN, A NUMBER OF REMARKABLE AND RECORD PRICES HAVE ALSO BEEN ACHIEVED: CLAUDE-JOSEPH VERNET'S MONUMENTAL CANVAS, GRAND VIEW OF THE SEA SHORE ENRICHED WITH BUILDINGS, SHIPPING AND FIGURES, WAS SOUGHT AFTER BY MORE THAN SIX BIDDERS BEFORE SELLING FOR $7,026,500, A NEW RECORD FOR THE ARTIST AT AUCTION. ADAM AND EVE, PREVIOUSLY UNKNOWN MANNERIST WORK BY JOACHIM ANTHONISZ WTEWAEL, INSPIRED HEATED COMPETITION DRIVING THE FINAL SALE TO $6,242,500, MORE THAN FIVE TIME THE HIGH ESTIMATE OF $1.8 MILLION. AND PERINO DEL VAGA'S THE HOLY FAMILY WITH THE INFANT SAINT JOHN THE BAPTIST WAS SOUGHT AFTER BY AT LEAST FIVE DIFFERENT BIDDERS, FINALLY SELLING TO THE METROPOLITAN MUSEUM OF ART, NEW YORK, FOR $2,098,500.

SOTHEBY'S SELLS TITIAN PAINTING FOR RECORD $16 MILLION

TODAY AT SOTHEBY'S SALE OF IMPORTANT OLD MASTER PAINTINGS IN NEW YORK, A NEW AUCTION RECORD WAS ESTABLISHED FOR THE RENAISSANCE MASTER TITIAN WHEN HIS A SACRA CONVERSAZIONE: THE MADONNA AND CHILD WITH SAINTS LUKE AND CATHERINE OF ALEXANDRIA SOLD FOR A RECORD $16,822,500 TO A EUROPEAN PRIVATE COLLECTOR. THE PRICE EXCEEDED THE PREVIOUS RECORD OF $13.6 MILLION, WHICH HAD HELD FOR 20 YEARS. A SACRA CONVERSAZIONE IS ONE OF ONLY A HANDFUL OF MULTI-FIGURE COMPOSITIONS BY TITIAN THAT REMAIN IN PRIVATE HANDS, AND IS THE MOST IMPORTANT TO APPEAR AT AUCTION IN DECADES. THE MORNING SESSION ENDED WITH AN OUTSTANDING TOTAL OF $78.6 MILLION, WHICH IS ABOVE THE SESSION'S HIGH ESTIMATE OF $74 MILLION. IN ADDITION TO THE TITIAN, A NUMBER OF REMARKABLE AND RECORD PRICES HAVE ALSO BEEN ACHIEVED: CLAUDE-JOSEPH VERNET'S MONUMENTAL CANVAS, GRAND VIEW OF THE SEA SHORE ENRICHED WITH BUILDINGS, SHIPPING AND FIGURES, WAS SOUGHT AFTER BY MORE THAN SIX BIDDERS BEFORE SELLING FOR $7,026,500, A NEW RECORD FOR THE ARTIST AT AUCTION. ADAM AND EVE, PREVIOUSLY UNKNOWN MANNERIST WORK BY JOACHIM ANTHONISZ WTEWAEL, INSPIRED HEATED COMPETITION DRIVING THE FINAL SALE TO $6,242,500, MORE THAN FIVE TIME THE HIGH ESTIMATE OF $1.8 MILLION. AND PERINO DEL VAGA'S THE HOLY FAMILY WITH THE INFANT SAINT JOHN THE BAPTIST WAS SOUGHT AFTER BY AT LEAST FIVE DIFFERENT BIDDERS, FINALLY SELLING TO THE METROPOLITAN MUSEUM OF ART, NEW YORK, FOR $2,098,500.

SOTHEBY'S SELLS TITIAN PAINTING FOR RECORD $16 MILLION