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Monday, 10 May 2010 - Iconic Yves Klein work a spring auction highlight |
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    Edition: U.S. Article Comments (0) Save Email Print Reprints Most Popular Most Shared WRAPUP 5-U.S. Gulf oil spill spreads west toward Texas 09 May 2010 Oil spill solutions uncertain, slick spreads west | Video 11:12am EDT WRAPUP 3-Oil spill solutions uncertain, slick spreads west 9:02am EDT Risk assets surge after euro rescue package | Video 10:53am EDT Wall Street surges on euro-zone rescue plan 10:38am EDT "Shock and awe" euro rescue lifts global markets | Video 11:42am EDT Oil spill slows Alabama island tourism to trickle 8:01am EDT Fannie Mae seeks $8.4 billion from govt after loss 10:32am EDT Obama nominates Kagan for Supreme Court 11:02am EDT Nasdaq adds 12 stocks to list of canceled trades 09 May 2010 The Science of Success 27 Apr 2010 Oil spill slows Alabama island tourism to trickle 8:01am EDT "Shock and awe" euro rescue lifts global markets | Video 11:42am EDT WRAPUP 5-U.S. Gulf oil spill spreads west toward Texas 09 May 2010 Food-stamp tally nears 40 million, sets record 07 May 2010 Oil spill solutions uncertain, slick spreads west | Video 11:12am EDT WRAPUP 3-Oil spill solutions uncertain, slick spreads west 9:02am EDT Fannie Mae seeks $8.4 billion from govt after loss 10:32am EDT CVS wrestles with cigarette sales 14 Nov 2007 Obama nominates Kagan for Supreme Court 11:02am EDT Iconic Yves Klein work a spring auction highlight Christopher Michaud NEW YORK Mon May 10, 2010 10:56am EDT Related News Sotheby's marks a solid night at Impressionist sale Thu, May 6 2010 Sotheby's marks a solid night at Impressionist sale Thu, May 6 2010 Sotheby's marks a solid night at Impressionist sale Wed, May 5 2010 Picasso piece sets record for art sold at auction Wed, May 5 2010 Picasso piece sets record for art sold at auction Wed, May 5 2010 An employee poses for photographers as she walks past the ''ANT 93, Le Buffle (The Buffalo)'' painting from 1960-61 by French artist Yves Klein at Christie's auction house in London March 4, 2010. Credit: Reuters/Suzanne Plunkett NEW YORK (Reuters) - The spotlight at this week's post-war and contemporary art auctions at Christie's and Sotheby's is trained on star offerings such as Jasper Johns' "Flag" and Andy Warhol's "Self Portrait." Entertainment  |  Arts  |  Lifestyle But the most unusual work could be Yves Klein's monumental "ANT 93, Le Buffle (The Buffalo)," which is hitting the block for the first in its 50-year life on Tuesday. The rare work from the French artist's signature "Anthropometrie" series is big, bright blue, and highly conceptual. Long before Jeff Koons floated basketballs in distilled water and Damien Hirst sliced up a cow and suspended it in formaldehyde, Klein donned a tuxedo and presided over a scene featuring an orchestra's one-chord musical performance as a bevy of naked beauties strode before a Parisian gathering, smeared blue paint on themselves and proceeded to writhe on a large canvas. The resulting "living brushes" work, a precursor to performance art that took hold in the 1980s, is now estimated to sell for $10 million at Christie's. But it could well achieve more given the kind of free spending that marked New York's Impressionist and modern sales last week and the London auctions in February, when jewelry magnate Laurence Graff bought another Klein from the same series for $6.4 million, or more than twice the pre-sale estimate. More than 9 feet wide, "Ant 93" is rendered in Klein's patented International Klein Blue, with which he became most associated. It was completed in 1961, shortly before his death at 34 from a heart attack. An upcoming Klein retrospective at Washington's Hirshhorn Museum and Sculpture Garden, the first in the U.S. in 30 years, should stoke interest. "Over the last three years his work has become increasingly popular with international collectors," who have helped drive the market's recovery, said Brett Gorvy, deputy chairman at Christie's Americas. The owner, whom Christie's has not identified, decided to sell the work in view of strong prices in recent years for European conceptual art from the 1950s and 1960s, officials said. Reports citing art experts have said the owner is C. Richard Kramlich, a San Francisco collector and co-founder of the venture capital firm New Enterprise Associates. The auction record for a Klein is $23.6 million, set two years ago at Sotheby's at the height of the boom. Entertainment Arts Lifestyle     Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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