Auction Sets No Reserves or Estimates on Sculptures from Charles Saatchi

  • August 01, 2013 19:57

  • Email
Charles Saatchi

London gallerist and art collector Charles Saatchi is offering up 50 large sculptures and installations at an upcoming Christie's sale. Bucking tradition, Saatchi is consigning the works with no estimates or reserve prices. While the sale details emerged in the wake of his high-profile split from food writer Nigella Lawson, a gallery rep said the auction plans had "absolutely nothing to do with the divorce."

A divorce was granted this week between Saatchi and Lawson. It comes on the tail of published photographs that were taken of the two arguing at a restaurant. Saatchi was shown clutching Lawson's neck.

Philippa Adams, Saatchi gallery director, told the Guardian that the auction had long been planned. She said, "We think it's really important to open things up and give museums a chance to have a crack at acquiring these works – they need to be enjoyed and shown."

Among the pieces is Tracey Emin's full-size four-poster with embroidered hangings.

Francis Outred, head of postwar and contemporary art at Christie's, said to the Guardian that Saatchi came up with the idea of offering the works with no reserve price (the lowest amount a work will be sold for) or pre-sale estimates, a practice not followed by the auction house since the 1970s.

 

Read more at Guardian


  • Email

More News Feed Headlines

Joseph Mallord William Turner (1775-1851) Sunset, 1830-5.

After 13 Years, ARTFIXdaily to Cease Daily News Service

  • ArtfixDaily / August 15th, 2022

ARTFIXdaily will end weekday e-newsletter service after 13 years of publishing art world press releases, events and ...

Read More...
Einar and Jamex de la Torre, Critical Mass, 2002 (Courtesy of the Cheech Marin Collection and Riverside Art Museum).

Inaugural Exhibition at The Cheech Highlights Groundbreaking Chicano Artists

  • ArtfixDaily / July 7th, 2022

One of the nation’s first permanent spaces dedicated to showcasing Chicano art and culture opened on June ...

Read More...
Jacob Lawrence,.  .  .  is life so dear or peace so sweet as to be purchased at the price of chains and slavery?—Patrick Henry,1775 , Panel 1, 1955, from Struggle: From the History of the American People, 1954–56, egg tempera on hardboard.  Collection of Harvey and Harvey-Ann Ross.  © 2022 The Jacob and Gwendolyn Knight Lawrence Foundation, Seattle / Artists Rights Society (ARS), New York.

Crystal Bridges Explores the U.S. Constitution Through Art in New Exhibition 'We the People: The Radical Notion of Democracy'

  • ArtfixDaily / July 7th, 2022

Original print of the U.S. Constitution headlines exhibition sponsored by Ken Griffin (who purchased it for $43.2 ...

Read More...
Salvador Dalí (1904–1989), Christ of St John of the Cross, 1951, oil on canvas © CSG CIC Glasgow Museums Collection

Dalí / El Greco Side-by-Side Exhibit Prompts: 'Are They Really Paintings of the Same Thing?'

  • ArtfixDaily / July 6th, 2022

From July 9 to December 4, 2022, The Auckland Project in the U.K. will unite two Spanish masterpieces from British ...

Read More...