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  • Evening Portion of Fine Art Sales From The Collection of Elizabeth Taylor Achieves 13.8 Million ($21.8 Million) at Christie'S

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    London – The three top works of Impressionist and Modern art from the storied Collection of Elizabeth Taylor fetched a combined £13,787,750 ($21,784,645 /€16,572,876) at Christie’s London Tuesday evening, more than doubling their pre-sale low estimate of £6.2 million. An additional 35 works from the film star’s fine art collection will be offered for sale February 8 as part of Christie’s continuing sales series devoted to Impressionist and Modern Art. Further results for the Impressionist and Modern Art Evening Sale will be announced at the close of the sale. At Tuesday’s sale, Miss Taylor’s Van Gogh, entitled Vue de l’asile et de la Chappelle de Saint-Rémy, fetched the top price of the group at £10,121,250 ($15,991,575 /€12,165,743). The luminous landscape, painted in the turquoise and ochre hues of early autumn, is a view of the asylum where the artist spent his last months. Elizabeth Taylor’s father, the art dealer Francis Taylor, had purchased the painting on her behalf at auction in 1963 for £92,000. Up until her death in March of 2011, the painting had hung in the living room of Miss Taylor’s home in Bel Air, CA. In the saleroom on Tuesday evening, bidding for the Van Gogh opened at £3 million and was immediately pursued by multiple clients in the room and on phone. It was sold after four minutes of competitive bidding to an anonymous client on the phone. Earlier in the sale, a youthful self-portrait by Edgar Degas (1834-1917) sold for £713,250 ($1,126,935 / € 857,327) and a large-scale landscape by Claude Pissarro (1830-1903) entitled Pommiers à Éragny realized £2,953,250 ($4,666,135 /€ 3,549,807). All three works were prominently featured in the global tour of highlights from the Collection of Elizabeth Taylor, which reached New York and London last fall. In December 2011, Christie’s New York sold Miss Taylor’s exquisite collections of jewelry, fashion, decorative arts and memorabilia in a four-day marathon auction series that totaled $156.8 million and set multiple new auction records (see summary release here). Though her jewelry collection was widely heralded as one of the finest private collections ever, few realized the significance of her fine art collection, most of which was displayed only in her home in Bel Air. Her love of fine art began in the home as a child and was encouraged by her father, who had a successful art gallery on London’s Old Bond Street and later, after the family’s move to Hollywood, in the Beverly Hills Hotel. As an adult, Miss Taylor went on to become a devoted admirer of Impressionist and Modern Art in particular. Her acute grasp of 19th and 20th century British and French paintings and drawings led her to assemble an important collection of works. “The exceptional results for these three masterpieces by Van Gogh, Degas and Pissarro are further evidence of Elizabeth Taylor’s skill and sophistication as a collector,” noted Marc Porter, Chairman of Christie’s Americas. “As the crown jewel of her art collection, we are delighted with the price achieved for Van Gogh’s “Vue de l’asile”, a profoundly beautiful work from one of creative high points of the artist’s career. We look forward to more positive results tomorrow, when we offer the remainder of Miss Taylor’s art collection, including works by Pierre-Auguste Renoir, Maurice Utrillo, and Kees Van Dongen, as well as an impressive selection of modern British paintings by Augustus John that she inherited from her father.” To view the complete e-catalogue listing for these works, please visit http://bit.ly/zEnHEv

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    London – The three top works of Impressionist and Modern art from the storied Collection of Elizabeth Taylor fetched a combined £13,787,750 ($21,784,645 /€16,572,876) at Christie’s London Tuesday evening, more than doubling their pre-sale low estimate of £6.2 million. An additional 35 works from the film star’s fine art collection will be offered for sale February 8 as part of Christie’s continuing sales series devoted to Impressionist and Modern Art. Further results for the Impressionist and Modern Art Evening Sale will be announced at the close of the sale. At Tuesday’s sale, Miss Taylor’s Van Gogh, entitled Vue de l’asile et de la Chappelle de Saint-Rémy, fetched the top price of the group at £10,121,250 ($15,991,575 /€12,165,743). The luminous landscape, painted in the turquoise and ochre hues of early autumn, is a view of the asylum where the artist spent his last months. Elizabeth Taylor’s father, the art dealer Francis Taylor, had purchased the painting on her behalf at auction in 1963 for £92,000. Up until her death in March of 2011, the painting had hung in the living room of Miss Taylor’s home in Bel Air, CA. In the saleroom on Tuesday evening, bidding for the Van Gogh opened at £3 million and was immediately pursued by multiple clients in the room and on phone. It was sold after four minutes of competitive bidding to an anonymous client on the phone. Earlier in the sale, a youthful self-portrait by Edgar Degas (1834-1917) sold for £713,250 ($1,126,935 / € 857,327) and a large-scale landscape by Claude Pissarro (1830-1903) entitled Pommiers à Éragny realized £2,953,250 ($4,666,135 /€ 3,549,807). All three works were prominently featured in the global tour of highlights from the Collection of Elizabeth Taylor, which reached New York and London last fall. In December 2011, Christie’s New York sold Miss Taylor’s exquisite collections of jewelry, fashion, decorative arts and memorabilia in a four-day marathon auction series that totaled $156.8 million and set multiple new auction records (see summary release here). Though her jewelry collection was widely heralded as one of the finest private collections ever, few realized the significance of her fine art collection, most of which was displayed only in her home in Bel Air. Her love of fine art began in the home as a child and was encouraged by her father, who had a successful art gallery on London’s Old Bond Street and later, after the family’s move to Hollywood, in the Beverly Hills Hotel. As an adult, Miss Taylor went on to become a devoted admirer of Impressionist and Modern Art in particular. Her acute grasp of 19th and 20th century British and French paintings and drawings led her to assemble an important collection of works. “The exceptional results for these three masterpieces by Van Gogh, Degas and Pissarro are further evidence of Elizabeth Taylor’s skill and sophistication as a collector,” noted Marc Porter, Chairman of Christie’s Americas. “As the crown jewel of her art collection, we are delighted with the price achieved for Van Gogh’s “Vue de l’asile”, a profoundly beautiful work from one of creative high points of the artist’s career. We look forward to more positive results tomorrow, when we offer the remainder of Miss Taylor’s art collection, including works by Pierre-Auguste Renoir, Maurice Utrillo, and Kees Van Dongen, as well as an impressive selection of modern British paintings by Augustus John that she inherited from her father.” To view the complete e-catalogue listing for these works, please visit http://bit.ly/zEnHEv

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    Evening Portion of Fine Art Sales From The Collection of Elizabeth Taylor Achieves 13.8 Million ($21.8 Million) at Christie'S

    Uploaded by

    Gavel
    London – The three top works of Impressionist and Modern art from the storied Collection of Elizabeth Taylor fetched a combined £13,787,750 ($21,784,645 /€16,572,876) at Christie’s London Tuesday evening, more than doubling their pre-sale low estimate of £6.2 million. An additional 35 works from the film star’s fine art collection will be offered for sale February 8 as part of Christie’s continuing sales series devoted to Impressionist and Modern Art. Further results for the Impressionist and Modern Art Evening Sale will be announced at the close of the sale. At Tuesday’s sale, Miss Taylor’s Van Gogh, entitled Vue de l’asile et de la Chappelle de Saint-Rémy, fetched the top price of the group at £10,121,250 ($15,991,575 /€12,165,743). The luminous landscape, painted in the turquoise and ochre hues of early autumn, is a view of the asylum where the artist spent his last months. Elizabeth Taylor’s father, the art dealer Francis Taylor, had purchased the painting on her behalf at auction in 1963 for £92,000. Up until her death in March of 2011, the painting had hung in the living room of Miss Taylor’s home in Bel Air, CA. In the saleroom on Tuesday evening, bidding for the Van Gogh opened at £3 million and was immediately pursued by multiple clients in the room and on phone. It was sold after four minutes of competitive bidding to an anonymous client on the phone. Earlier in the sale, a youthful self-portrait by Edgar Degas (1834-1917) sold for £713,250 ($1,126,935 / € 857,327) and a large-scale landscape by Claude Pissarro (1830-1903) entitled Pommiers à Éragny realized £2,953,250 ($4,666,135 /€ 3,549,807). All three works were prominently featured in the global tour of highlights from the Collection of Elizabeth Taylor, which reached New York and London last fall. In December 2011, Christie’s New York sold Miss Taylor’s exquisite collections of jewelry, fashion, decorative arts and memorabilia in a four-day marathon auction series that totaled $156.8 million and set multiple new auction records (see summary release here). Though her jewelry collection was widely heralded as one of the finest private collections ever, few realized the significance of her fine art collection, most of which was displayed only in her home in Bel Air. Her love of fine art began in the home as a child and was encouraged by her father, who had a successful art gallery on London’s Old Bond Street and later, after the family’s move to Hollywood, in the Beverly Hills Hotel. As an adult, Miss Taylor went on to become a devoted admirer of Impressionist and Modern Art in particular. Her acute grasp of 19th and 20th century British and French paintings and drawings led her to assemble an important collection of works. “The exceptional results for these three masterpieces by Van Gogh, Degas and Pissarro are further evidence of Elizabeth Taylor’s skill and sophistication as a collector,” noted Marc Porter, Chairman of Christie’s Americas. “As the crown jewel of her art collection, we are delighted with the price achieved for Van Gogh’s “Vue de l’asile”, a profoundly beautiful work from one of creative high points of the artist’s career. We look forward to more positive results tomorrow, when we offer the remainder of Miss Taylor’s art collection, including works by Pierre-Auguste Renoir, Maurice Utrillo, and Kees Van Dongen, as well as an impressive selection of modern British paintings by Augustus John that she inherited from her father.” To view the complete e-catalogue listing for these works, please visit http://bit.ly/zEnHEv

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    MEDIA ALERT 7 February 2012 Press Contacts: Erin McAndrew (US) emcandrew@christies.com Matthew Paton (UK) mpaton@christies.

    com tel +1 212 636 2680 tel + 44 20 7389 2664

    THE COLLECTION OF ELIZABETH TAYLOR


    ACHIEVES 13.8 MILLION ($21.8 MILLION) AT CHRISTIES
    WORKS BY VAN GOGH, PISSARRO AND DEGAS HIGHLIGHT FEB 7 SALE; 35 MORE WORKS TO BE OFFERED FEB 8 VAN GOGH MASTERPIECE REALIZES 10.1 MILLION ($16 MILLION)

    EVENING PORTION OF FINE ART SALES FROM

    VINCENT VAN GOGH (1853-1890) Vue de lasile et de la Chappelle de Saint-Rmy Estimate: 5 7 million Price realized: 10.1 million ($16 million)

    London The three top works of Impressionist and Modern art from the storied Collection of Elizabeth Taylor fetched a combined 13,787,750 ($21,784,645 /16,572,876) at Christies London Tuesday evening, more than doubling their pre-sale low estimate of 6.2 million. An additional 35 works from the film stars fine art collection will be offered for sale February 8 as part of Christies continuing sales series devoted to Impressionist and Modern Art. Further results for the Impressionist and Modern Art Evening Sale will be announced at the close of the sale. At Tuesdays sale, Miss Taylors Van Gogh, entitled Vue de lasile et de la Chappelle de Saint-Rmy, fetched the top price of the group at 10,121,250 ($15,991,575 /12,165,743). The luminous landscape, painted in the turquoise and ochre hues of early autumn, is a view of the asylum where the artist spent his last months. Elizabeth Taylors father, the art dealer Francis Taylor, had purchased the painting on her

    behalf at auction in 1963 for 92,000. Up until her death in March of 2011, the painting had hung in the living room of Miss Taylors home in Bel Air, CA. In the saleroom on Tuesday evening, bidding for the Van Gogh opened at 3 million and was immediately pursued by multiple clients in the room and on phone. It was sold after four minutes of competitive bidding to an anonymous client on the phone. Earlier in the sale, a youthful self-portrait by Edgar Degas (1834-1917) sold for 713,250 ($1,126,935 / 857,327) and a large-scale landscape by Claude Pissarro (1830-1903) entitled Pommiers ragny realized 2,953,250 ($4,666,135 / 3,549,807). All three works were prominently featured in the global tour of highlights from the Collection of Elizabeth Taylor, which reached New York and London last fall. In December 2011, Christies New York sold Miss Taylors exquisite collections of jewelry, fashion, decorative arts and memorabilia in a four-day marathon auction series that totaled $156.8 million and set multiple new auction records (see summary release here). Though her jewelry collection was widely heralded as one of the finest private collections ever, few realized the significance of her fine art collection, most of which was displayed only in her home in Bel Air. Her love of fine art began in the home as a child and was encouraged by her father, who had a successful art gallery on Londons Old Bond Street and later, after the familys move to Hollywood, in the Beverly Hills Hotel. As an adult, Miss Taylor went on to become a devoted admirer of Impressionist and Modern Art in particular. Her acute grasp of 19th and 20th century British and French paintings and drawings led her to assemble an important collection of works. The exceptional results for these three masterpieces by Van Gogh, Degas and Pissarro are further evidence of Elizabeth Taylors skill and sophistication as a collector, noted Marc Porter, Chairman of Christies Americas. As the crown jewel of her art collection, we are delighted with the price achieved for Van Goghs Vue de lasile, a profoundly beautiful work from one of creative high points of the artists career. We look forward to more positive results tomorrow, when we offer the remainder of Miss Taylors art collection, including works by Pierre-Auguste Renoir, Maurice Utrillo, and Kees Van Dongen, as well as an impressive selection of modern British paintings by Augustus John that she inherited from her father. To view the complete e-catalogue listing for these works, please visit http://bit.ly/zEnHEv Further results for the Impressionist and Modern Art Evening Sale will be announced at the close of the sale. Complete results from The Collection of Elizabeth Taylor will be announced 9 February. Images available upon request.

    About Christies

    Christies, the worlds leading art business had global auction and private sales in the first half of 2011 that totaled 2.0 billion/$3.2 billion. In 2010 it achieved global auction and private sales of 3.3 billion/$5.0 billion. Christies is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's conducted the greatest auctions of the 18th, 19th and 20th centuries, and today remains a popular showcase for the unique and the beautiful. Christies offers over 450 sales annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christies has 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai and Hong Kong. More recently, Christies has led the market with expanded initiatives in emerging and new markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai *Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or application of buyers or sellers credits.

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