Sat, June 16, 2012
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Renoir, Picasso paintings to be auctioned in London

2012-06-15 22:34:35 GMT2012-06-16 06:34:35(Beijing Time)  Xinhua English

LONDON, June 15 (Xinhua) --The world's leading art business Christie's will put 71 lots under the hammer next Wednesday evening, with estimated value of 86 million to 126 million pounds (about 109 million to 159 million U.S. dollars).

Among those on offer are paintings from famous artists such as Pierre-Auguste Renoir, Pablo Picasso, Paul Signac, Paul Gauguin, and Maurice de Vlaminck.

The auction is led by Baigneuse, completed by French Impressionist artist Renoir in 1888 featuring his most celebrated theme, the female nude. It was estimated to be worth of 12 million to 18 million pounds.

The painting had been owned by a Swiss collector, before coming to the market for the first time in 15 years. It has previously set the record price at auction for a nude by the artist, selling for 20.9 million dollars in New York.

Another highlight at the auction is Femme au chien from Spanish painting master Pablo Picasso, which is known as portrait of his second wife Jacqueline Roque.

The lady was painted in Picasso's characteristic cubism style, alongside their Afghan hound. Estimated to be sold at 6 million to 9 million pounds, it is offered from private collection for the first time in almost 40 years.

La Corne d'or les Minarets by Paul Signac will be taken to the market for the first time in almost a century. Rich in pictorial rhythm and exhibiting the artist's signature Neo-Impressionist brushwork, the landscape piece belongs to an important series of 12 paintings depicting Constantinople. The artist was moving from meticulous Pointillism to a focus on chromatic brilliance and a sense of harmony.

Another picture of Signac from that series was sold by Christie's in London in February for 8.7 million pounds, while the present one is estimated to rake in 4 million to 6 million pounds.

Paul Gauguin, a leading French Post-Impressionist artist, will have his work Paysage aux troncs bleus exhibited for sale at a price between 3 million and 5 million pounds. The picture was finished during Gauguin's trip to Tahiti, which was an important period in his life.

"Impressionist and Modern Art continues to attract international demand as witnessed by February's record week of sales in London and the May auctions in New York, which produced some of the highest sell-through rates seen for the category," said Jay Vincze, international director and head of the Impressionist and Modern Art Evening Sale of Christie's London.

The February sale in London, realized 134 million pounds in total, with three lots sold for over 10 million pounds.

"The auction in June reflects the current demand of collectors, offering rare opportunities to acquire a rich variety of art from distinguished and treasured private collections," he said. (1 pound = 1.58 U.S. dollars)

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