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Christie’s Gets Creative for 20th-Century Art Auction in July – The New York Times

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Christie’s has a new auction format for a July 10 event that it hopes will revive at least some of the drama — and the prices — of the live evening sales that were held pre-pandemic.

Billed as “ONE: A Global Sale of the 20th Century,” the auction will include a livestream with auctioneers offering works of Impressionist, modern and contemporary art in consecutive sessions from Christie’s salesrooms in Hong Kong, Paris, London and New York.

This gives owners of high-value artworks an opportunity to sell in a globally marketed live sale preceded by public exhibitions where allowed. Since the advent of the pandemic, auction houses have had to rely on more routine online-only sales to generate revenue, which require bidders to buy items without physically examining their quality or condition. Buyers are rarely confident enough to bid above $1 million.

This relay-style auction is expected (perhaps optimistically) to last about two hours and consists of 50 to 70 lots. It will start in Hong Kong at 8 p.m. local time, then progress across time zones, becoming an afternoon sale in Europe and a morning sale in the United States, finishing by about 10 a.m. Eastern time. Buyers can bid online, by telephone, and, where “government advice allows,” in the salesroom, Christie’s said in a statement.

“We are at a time of uncertainty,” Alex Rotter, Christie’s chairman of postwar and contemporary art in New York, said in a media webinar on Friday. “We want to be flexible and adjust quickly.”

Mr. Rotter added that “in Hong Kong, the salesroom might be full of people; in New York, you might just see the auctioneer.”

This hybrid of live and online auction is a response to the postponement of Christie’s series of 20th-century sales that would have taken place in New York in May. The company originally rescheduled the series, incorporating works from its canceled summer auctions in London, for the third week of June. But Mayor Bill de Blasio of New York has said that a true reopening of the city remains “a few months away at minimum.”

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At present, Christie’s rivals, Sotheby’s and Phillips, are slated to hold their postponed live sales in Manhattan in the week of June 29.

“We just anticipated there would be another delay,” Mr. Rotter said. “It’s all about getting people into the building.” Mr. Rotter and his Christie’s colleagues are eager to welcome people back into the company’s salesrooms to create the sense of competitive theater that creates exceptional auction prices.

“Buyers for great art are still there,” said Guillaume Cerutti, Christie’s chief executive. But “consigners are asking many questions.” He said that in the absence of live auctions, clients had been preferring to sell more expensive works through Christie’s private sales team, “especially works above $5 million in value.”

Credit…Christie’s Images Ltd. 2020

The most highly valued works at Christie’s “ONE” sale will be three paintings offered in New York: Pablo Picasso’s “Les Femmes d’Alger (Version ‘F’)” (1955), Roy Lichtenstein’s “Nude with Joyous Painting” (from 1994), and Ed Ruscha’s “Annie” (1962). All are estimated to sell for between $20 million and $30 million. The other main highlight is a monumental red 1963 Zao Wou-Ki abstract from the artist’s Hurricane Period, estimated to sell for more than $10 million in Hong Kong, where Christie’s offices have reopened.

Christie’s has yet to release an overall estimate for the event. Last May, the company’s live evening sale of contemporary art in New York raised $539 million, led by Jeff Koons’s “Rabbit” at $91.1 million.

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Calvin Lucyshyn: Vancouver Island Art Dealer Faces Fraud Charges After Police Seize Millions in Artwork

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In a case that has sent shockwaves through the Vancouver Island art community, a local art dealer has been charged with one count of fraud over $5,000. Calvin Lucyshyn, the former operator of the now-closed Winchester Galleries in Oak Bay, faces the charge after police seized hundreds of artworks, valued in the tens of millions of dollars, from various storage sites in the Greater Victoria area.

Alleged Fraud Scheme

Police allege that Lucyshyn had been taking valuable art from members of the public under the guise of appraising or consigning the pieces for sale, only to cut off all communication with the owners. This investigation began in April 2022, when police received a complaint from an individual who had provided four paintings to Lucyshyn, including three works by renowned British Columbia artist Emily Carr, and had not received any updates on their sale.

Further investigation by the Saanich Police Department revealed that this was not an isolated incident. Detectives found other alleged victims who had similar experiences with Winchester Galleries, leading police to execute search warrants at three separate storage locations across Greater Victoria.

Massive Seizure of Artworks

In what has become one of the largest art fraud investigations in recent Canadian history, authorities seized approximately 1,100 pieces of art, including more than 600 pieces from a storage site in Saanich, over 300 in Langford, and more than 100 in Oak Bay. Some of the more valuable pieces, according to police, were estimated to be worth $85,000 each.

Lucyshyn was arrested on April 21, 2022, but was later released from custody. In May 2024, a fraud charge was formally laid against him.

Artwork Returned, but Some Remain Unclaimed

In a statement released on Monday, the Saanich Police Department confirmed that 1,050 of the seized artworks have been returned to their rightful owners. However, several pieces remain unclaimed, and police continue their efforts to track down the owners of these works.

Court Proceedings Ongoing

The criminal charge against Lucyshyn has not yet been tested in court, and he has publicly stated his intention to defend himself against any pending allegations. His next court appearance is scheduled for September 10, 2024.

Impact on the Local Art Community

The news of Lucyshyn’s alleged fraud has deeply affected Vancouver Island’s art community, particularly collectors, galleries, and artists who may have been impacted by the gallery’s operations. With high-value pieces from artists like Emily Carr involved, the case underscores the vulnerabilities that can exist in art transactions.

For many art collectors, the investigation has raised concerns about the potential for fraud in the art world, particularly when it comes to dealing with private galleries and dealers. The seizure of such a vast collection of artworks has also led to questions about the management and oversight of valuable art pieces, as well as the importance of transparency and trust in the industry.

As the case continues to unfold in court, it will likely serve as a cautionary tale for collectors and galleries alike, highlighting the need for due diligence in the sale and appraisal of high-value artworks.

While much of the seized artwork has been returned, the full scale of the alleged fraud is still being unraveled. Lucyshyn’s upcoming court appearances will be closely watched, not only by the legal community but also by the wider art world, as it navigates the fallout from one of Canada’s most significant art fraud cases in recent memory.

Art collectors and individuals who believe they may have been affected by this case are encouraged to contact the Saanich Police Department to inquire about any unclaimed pieces. Additionally, the case serves as a reminder for anyone involved in high-value art transactions to work with reputable dealers and to keep thorough documentation of all transactions.

As with any investment, whether in art or other ventures, it is crucial to be cautious and informed. Art fraud can devastate personal collections and finances, but by taking steps to verify authenticity, provenance, and the reputation of dealers, collectors can help safeguard their valuable pieces.

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Ukrainian sells art in Essex while stuck in a warzone – BBC.com

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Ukrainian sells art in Essex while stuck in a warzone  BBC.com



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Somerset House Fire: Courtauld Gallery Reopens, Rest of Landmark Closed

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The Courtauld Gallery at Somerset House has reopened its doors to the public after a fire swept through the historic building in central London. While the gallery has resumed operations, the rest of the iconic site remains closed “until further notice.”

On Saturday, approximately 125 firefighters were called to the scene to battle the blaze, which sent smoke billowing across the city. Fortunately, the fire occurred in a part of the building not housing valuable artworks, and no injuries were reported. Authorities are still investigating the cause of the fire.

Despite the disruption, art lovers queued outside the gallery before it reopened at 10:00 BST on Sunday. One visitor expressed his relief, saying, “I was sad to see the fire, but I’m relieved the art is safe.”

The Clark family, visiting London from Washington state, USA, had a unique perspective on the incident. While sightseeing on the London Eye, they watched as firefighters tackled the flames. Paul Clark, accompanied by his wife Jiorgia and their four children, shared their concern for the safety of the artwork inside Somerset House. “It was sad to see,” Mr. Clark told the BBC. As a fan of Vincent Van Gogh, he was particularly relieved to learn that the painter’s famous Self-Portrait with Bandaged Ear had not been affected by the fire.

Blaze in the West Wing

The fire broke out around midday on Saturday in the west wing of Somerset House, a section of the building primarily used for offices and storage. Jonathan Reekie, director of Somerset House Trust, assured the public that “no valuable artefacts or artworks” were located in that part of the building. By Sunday, fire engines were still stationed outside as investigations into the fire’s origin continued.

About Somerset House

Located on the Strand in central London, Somerset House is a prominent arts venue with a rich history dating back to the Georgian era. Built on the site of a former Tudor palace, the complex is known for its iconic courtyard and is home to the Courtauld Gallery. The gallery houses a prestigious collection from the Samuel Courtauld Trust, showcasing masterpieces from the Middle Ages to the 20th century. Among the notable works are pieces by impressionist legends such as Edouard Manet, Claude Monet, Paul Cézanne, and Vincent Van Gogh.

Somerset House regularly hosts cultural exhibitions and public events, including its popular winter ice skating sessions in the courtyard. However, for now, the venue remains partially closed as authorities ensure the safety of the site following the fire.

Art lovers and the Somerset House community can take solace in knowing that the invaluable collection remains unharmed, and the Courtauld Gallery continues to welcome visitors, offering a reprieve amid the disruption.

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