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Subject: Christie's Announces $50m Press Collection for May
From: Artelligence <artelligence@substack.com>
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View this post on the web at https://artelligence.substack.com/p/christies-=
announces-50m-press-collection
Welcome to the Artelligence newsletter
You are receiving this newsletter because you made an account on LiveArt or=
you were a subscriber to Art Market Monitor. This is the new home for news=
and analysis of the global art market from Art Market Monitor and LiveArt.=
Combined with our Artelligence podcast [ https://substack.com/redirect/766=
d9308-5d10-4e62-819a-2ce6ecc7f8d8?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpi=
srMe5iRnigHXx6Fx_g6pp7gWdY ], it offers a unique perspective on the global =
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If you have questions, tips or suggestions for coverage, feel free to conta=
ct us here [ mailto:maneker@artmarketmonitor.com ].
Please feel free to forward the newsletter to anyone you think would like t=
o subscribe. If you don=E2=80=99t want or need another newsletter, feel fre=
e to unsubscribe.=20
We hope you=E2=80=99ll stick with us.
Strict Press
Ed Ruscha, Burning Standard (1968) estimated at $20 million
With more than a month to go to the big show, New York=E2=80=99s May auctio=
ns which are traditionally the apex of the auction calendar, Christie=E2=80=
=99s announces another group of works from a pair of important collectors. =
Alan and Dorothy Press were prominent in Chicago having built a collection =
of German Expressionist works that they sold in the 1980s to begin collecti=
ng Contemporary art.
=E2=80=9CAlan and Dorothy Press collected zealously, across media and perio=
ds,=E2=80=9D said Ana Maria Celis, Head of Department, Post-War and Contemp=
orary Art, =E2=80=9Csupporting the markets of the artists they championed l=
ong before they came to achieve the global level of recognition in the mark=
et today.=E2=80=9D
As they had done with their previous collecting, the Presses focused on a f=
ew artists. Depth of Field: The Alan and Dorothy Press Collection includes =
nine works by Ed Ruscha, three from Philip Guston, and works by Man Ray, He=
nri Matisse, and Ken Price. Along with the additional works from the collec=
tion that will be offered in the Post-War and Contemporary Art Day Sale, th=
e total estimate is in excess of $50,000,000.
The top lot is Ed Ruscha=E2=80=99s Burning Standard from 1968 with a $20 mi=
llion estimate. Sixteen years ago, another example of the same image (there=
are only five, according to Christie=E2=80=99s, but only two are on fire) =
was auctioned for nearly $7 million over a $4 million estimate [ https://su=
bstack.com/redirect/27fff380-5a0e-4f65-b12e-484e2def6882?j=3DeyJ1IjoiMjdjZX=
I5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ]. Ruscha=E2=80=99s marke=
t stature has grown dramatically in that time with Hurting the Word Radio #=
2 [ https://substack.com/redirect/afb51544-fe90-4978-991f-921bb04ec55f?j=3D=
eyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ] selling f=
or a dramatic $52 million in 2019 [ https://substack.com/redirect/afb51544-=
fe90-4978-991f-921bb04ec55f?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5i=
RnigHXx6Fx_g6pp7gWdY ] well above the artist=E2=80=99s previous high price =
of $30 million set in 2014.=C2=A0
Ed Ruscha, Do You Think She Has It (1974) estimated at $1.5m
Alongside Burning Standard will be =C2=A0Do You Think She Has It with an es=
timate of $1.5 million and Business #1 estimated at $250,000.=20
Ed Ruscha, Business #1 (1966) estimated at $250,000
An additional eight examples by Ruscha from the collection will be featured=
in the Post-War and Contemporary Art Day Sale.=C2=A0
Philip Guston, Chair (1976) estimated at $12 million
As a seminal retrospective of Philip Guston=E2=80=99s work is on view at th=
e National Gallery in Washington, DC before traveling to the Tate in London=
, Christie=E2=80=99s will offer three Guston paintings from the collection.=
The most valuable by estimate is Chair from 1976 which carries a $12 milli=
on estimate. That will automatically make the work one of Guston=E2=80=99s =
top five sales at auction [ https://substack.com/redirect/3af357d2-908e-4df=
8-b5dc-c7b1713e5acb?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6=
Fx_g6pp7gWdY ].=20
The painting was last shown in Kirk Varnedoe=E2=80=99s career-defining MoMA=
exhibition [ https://substack.com/redirect/af6bd54e-573a-495e-a42f-482f45=
a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY =
]High and Low: Modern Art and Popular Culture [ https://substack.com/redire=
ct/af6bd54e-573a-495e-a42f-482f45a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0=
jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY ] in 1991 [ https://substack.com/redirect/=
af6bd54e-573a-495e-a42f-482f45a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQm=
MpisrMe5iRnigHXx6Fx_g6pp7gWdY ]. Christie=E2=80=99s believes the more than =
five-feet-by-six-feet Chair ranks among his most important figurative paint=
ings with comparable works held at The Museum of Modern Art, New York, Tate=
Gallery, London, The San Francisco Museum of Modern Art and the National G=
allery of Art, Washington D.C.=C2=A0
Philip Guston, Pull (1979) estimated at $6 million
The even larger Pull from 1979, which is eight feet wide, has an estimate o=
f: $6 million. Yet the much smaller Bricks from 1970 also carries the same =
estimate. Neither work has been seen in public for more than two decades.
Philip Guston, Bricks (1970) estimated at $6 million
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</style></head><body class=3D"email-body" style=3D"font-kerning: auto;"><im=
g src=3D"https://mailgun.substack.com/api/v1/email/open?token=3DeyJtIjoiPDI=
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=3D"height:1px !important;width:1px !important;border-width:0 !important;ma=
rgin-top:0 !important;margin-bottom:0 !important;margin-right:0 !important;=
margin-left:0 !important;padding-top:0 !important;padding-bottom:0 !importa=
nt;padding-right:0 !important;padding-left:0 !important;"/><div style=3D"di=
splay:none;font-size:1px;color:#333333;line-height:1px;max-height:0px;max-w=
idth:0px;opacity:0;overflow:hidden;" class=3D"preview">Strong in works by E=
d Ruscha and Philip Guston, the Chicago commodities trader's collection wil=
l be sold across day and evening sales.  ‌ ‌ =
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4; ‌</div><table role=3D"presentation" width=3D"100%" border=3D"=
0" cellspacing=3D"0" cellpadding=3D"0" class=3D"email-body-container"><tr><=
td></td><td width=3D"550" class=3D"content"></td><td></td></tr><tr><td></td=
><td align=3D"left" width=3D"550" class=3D"content"><div style=3D"font-size=
: 16px; line-height: 26px; margin: 0 auto; max-width: 550px; overflow-wrap:=
break-word; width: 100%;"><table role=3D"presentation" width=3D"100%" bord=
er=3D"0" cellspacing=3D"0" cellpadding=3D"0"><tr><td align=3D"right" style=
=3D"height: 20px;"><table role=3D"presentation" width=3D"auto" border=3D"0"=
cellspacing=3D"0" cellpadding=3D"0"><tr><td style=3D"vertical-align: middl=
e;"><span class=3D"tw-font-body tw-text-ssm tw-text-substack-secondary" sty=
le=3D"color: #808080 !important; font-family: SF Pro Text, -apple-system, B=
linkMacSystemFont, Inter, Segoe UI, Roboto, Helvetica, Arial, sans-serif, A=
pple Color Emoji, Segoe UI Emoji, Segoe UI Symbol !important; font-size: 13=
px !important;"><a href=3D"https://open.substack.com/pub/artelligence/p/chr=
isties-announces-50m-press-collection?utm_source=3Demail&redirect=3Dapp-sto=
re" class=3D"tw-text-substack-secondary tw-underline" style=3D"-webkit-text=
-decoration-line: underline !important; color: #808080 !important; text-dec=
oration-line: underline !important;">Open in app</a> or <a href=3D"https://=
substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9hcnRlbGxpZ2VuY2Uuc3Vic3RhY2suY29=
tL3AvY2hyaXN0aWVzLWFubm91bmNlcy01MG0tcHJlc3MtY29sbGVjdGlvbj90b2tlbj1leUoxYz=
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Nd19oMkVhSWJ5ODhyeDZFTmh6clg0IiwicCI6MTExMTI5NDIyLCJzIjoyMjU5LCJmIjp0cnVlLC=
J1IjoxMzMyNjg2NjEsImlhdCI6MTY4MDE3NDQ3NSwiZXhwIjoxNjgyNzY2NDc1LCJpc3MiOiJwd=
WItMCIsInN1YiI6ImxpbmstcmVkaXJlY3QifQ.gh-ESeWpSGN3PDfJHE7nmeMPGryy78g0SnaH3=
MEqckw?" class=3D"tw-text-substack-secondary tw-underline" style=3D"-webkit=
-text-decoration-line: underline !important; color: #808080 !important; tex=
t-decoration-line: underline !important;">online</a></span></td></tr></tabl=
e></td></tr></table><table role=3D"presentation" width=3D"auto" class=3D"he=
ader graphic-header" style=3D"border-spacing: 0; padding: 16px 0 32px;"><tr=
><td align=3D"center" style=3D"padding: 0; text-align: center;"><a href=3D"=
https://substack.com/redirect/2/eyJlIjoiaHR0cHM6Ly9hcnRlbGxpZ2VuY2Uuc3Vic3R=
hY2suY29tL3AvY2hyaXN0aWVzLWFubm91bmNlcy01MG0tcHJlc3MtY29sbGVjdGlvbj90b2tlbj=
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3MiOiJwdWItMCIsInN1YiI6ImxpbmstcmVkaXJlY3QifQ.gh-ESeWpSGN3PDfJHE7nmeMPGryy7=
8g0SnaH3MEqckw?"><img role=3D"presentation" width=3D"550" height=3D"110" sr=
c=3D"https://substackcdn.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good,=
fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fp=
ublic%2Fimages%2Fe3cfc2fc-ffba-4eae-8c1a-7c9381cc0cef_1100x220.png" class=
=3D"header-image" style=3D"border: none !important; display: block; height:=
auto; margin: 0 auto; max-width: 550px; vertical-align: middle; width: 100=
%;"></a></td></tr></table><div dir=3D"auto" class=3D"post typography" style=
=3D"font-size: 16px; line-height: 26px; padding: 16px 0 0 0;"><div class=3D=
"post-header" style=3D"font-size: 16px; line-height: 26px;"><h1 class=3D"po=
st-title published" style=3D"-moz-osx-font-smoothing: subpixel-antialiased;=
-webkit-font-smoothing: subpixel-antialiased; color: #404040; font-family:=
'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Robot=
o, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Se=
goe UI Symbol'; font-size: 32px; font-weight: bold; line-height: 36px; marg=
in: 0;"><a href=3D"https://substack.com/app-link/post?publication_id=3D2259=
&post_id=3D111129422&utm_source=3Dpost-email-title&isFreemail=3Dtrue&token=
=3DeyJ1c2VyX2lkIjoxMzMyNjg2NjEsInBvc3RfaWQiOjExMTEyOTQyMiwiaWF0IjoxNjgwMTc0=
NDc1LCJleHAiOjE2ODI3NjY0NzUsImlzcyI6InB1Yi0yMjU5Iiwic3ViIjoicG9zdC1yZWFjdGl=
vbiJ9.C__ifMe2Z43V3en7ANrK2Mw_h2EaIby88rx6ENhzrX4" style=3D"color: #404040;=
text-decoration: none;">Christie's Announces $50m Press Collection for May=
</a></h1><h3 class=3D"subtitle" style=3D"-moz-osx-font-smoothing: subpixel-=
antialiased; -webkit-font-smoothing: subpixel-antialiased; color: #808080; =
font-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Sego=
e UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI=
Emoji', 'Segoe UI Symbol'; font-size: 18px; font-weight: normal; line-heig=
ht: 24px; margin: 4px 0 0; margin-top: 12px;">Strong in works by Ed Ruscha =
and Philip Guston, the Chicago commodities trader's collection will be sold=
across day and evening sales.</h3><table role=3D"presentation" width=3D"10=
0%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" class=3D"post-meta" st=
yle=3D"align-items: center; height: 20px; margin: 1em 0;"><tr><td><table ro=
le=3D"presentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpaddi=
ng=3D"0"><tr><td><table role=3D"presentation" width=3D"auto" border=3D"0" c=
ellspacing=3D"0" cellpadding=3D"0"><tr><td style=3D"vertical-align: middle;=
"><div class=3D"frontend-pencraft-Text-module__reset--20JLV frontend-pencra=
ft-Text-module__size-12--2onFT frontend-pencraft-Text-module__line-height-2=
0--1soeQ frontend-pencraft-Text-module__weight-medium--aTbx5 frontend-pencr=
aft-Text-module__font-meta--2i-cR frontend-pencraft-Text-module__color-prim=
ary--2I-sF frontend-pencraft-Text-module__meta--3RRSj custom-css-email-post=
-author" style=3D"color: #404040; font-family: 'SF Compact Text','SF Pro Te=
xt',-apple-system,BlinkMacSystemFont,'Inter','Segoe UI',Roboto,Helvetica,Ar=
ial,sans-serif,'Apple Color Emoji','Segoe UI Emoji','Segoe UI Symbol'; font=
-size: 12px; font-weight: 500; letter-spacing: .2px; line-height: 20px; mar=
gin: 0; text-decoration: unset; text-transform: uppercase;"><a href=3D"http=
s://substack.com/redirect/fa9f87d4-bcfe-485c-a854-55f8a0210c41?j=3DeyJ1Ijoi=
MjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" style=3D"color: #4=
04040; font-family: 'SF Compact Text','SF Pro Text',-apple-system,BlinkMacS=
ystemFont,'Inter','Segoe UI',Roboto,Helvetica,Arial,sans-serif,'Apple Color=
Emoji','Segoe UI Emoji','Segoe UI Symbol'; font-size: 12px; font-weight: 5=
00; letter-spacing: .2px; line-height: 20px; margin: 0; text-decoration: no=
ne; text-transform: uppercase;" class=3D"frontend-pencraft-Text-module__res=
et--20JLV frontend-pencraft-Text-module__size-12--2onFT frontend-pencraft-T=
ext-module__line-height-20--1soeQ frontend-pencraft-Text-module__weight-med=
ium--aTbx5 frontend-pencraft-Text-module__font-meta--2i-cR frontend-pencraf=
t-Text-module__color-primary--2I-sF frontend-pencraft-Text-module__meta--3R=
RSj">Marion Maneker</a></div></td></tr></table></td></tr><tr><td><table rol=
e=3D"presentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpaddin=
g=3D"0"><tr><td style=3D"vertical-align: middle;"><div class=3D"frontend-pe=
ncraft-Text-module__reset--20JLV frontend-pencraft-Text-module__size-12--2o=
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ase;"><time dateTime=3D"2023-03-30T11:06:38.552Z">Mar 30</time></div></td><=
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1.16em; margin: 1em 0 0.625em 0; po=
sition: relative;">Strict Press</h4><div class=3D"captioned-image-container=
-static" style=3D"font-size: 16px; line-height: 26px; margin: 32px auto;"><=
figure style=3D"margin: 0 auto; width: 100%;"><table class=3D"image-wrapper=
" width=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"=
mso-padding-alt: 1em 0 1.6em;"><tbody><tr><td style=3D"text-align: center;"=
></td><td align=3D"left" class=3D"content" width=3D"1456" style=3D"text-ali=
gn: center;"><a class=3D"image-link" target=3D"_blank" href=3D"https://subs=
tack.com/redirect/81bccab8-8941-4413-a225-b7a2f4445b7a?j=3DeyJ1IjoiMjdjZXI5=
In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-it=
ems: center; border: none; display: block; flex-direction: column; height: =
auto; margin: 0; padding: 0; position: relative; text-decoration: none; wid=
th: auto;"><img data-attrs=3D"{"src":"https://substack-post-=
media.s3.amazonaws.com/public/images/d9971688-155c-4180-b95d-9408ba2c60d4_4=
000x2267.jpeg","fullscreen":null,"imageSize":null,=
"height":825,"width":1456,"resizeWidth":null,=
"bytes":2464472,"alt":null,"title":null,"=
;type":"image/jpeg","href":null,"belowTheFold=
":false,"internalRedirect":null}" alt=3D"" width=3D"550" hei=
ght=3D"311.6414835164835" class=3D"wide-image" src=3D"https://substackcdn.c=
om/image/fetch/w_2912,c_limit,f_auto,q_auto:good,fl_progressive:steep/https=
%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Fd9971688-=
155c-4180-b95d-9408ba2c60d4_4000x2267.jpeg" style=3D"-ms-interpolation-mode=
: bicubic; border: none !important; display: block; height: auto; margin: 0=
auto; margin-bottom: 0; max-width: 100% !important; vertical-align: middle=
; width: auto !important;"></a></td><td style=3D"text-align: center;"></td>=
</tr></tbody></table></figure></div><h6 style=3D"-moz-osx-font-smoothing: s=
ubpixel-antialiased; -webkit-font-smoothing: subpixel-antialiased; color: #=
404040; font-family: 'SF Compact Display', -apple-system, BlinkMacSystemFon=
t, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', '=
Segoe UI Emoji', 'Segoe UI Symbol'; font-weight: bold; line-height: 1.16em;=
margin: 1em 0 0.625em 0;">Ed Ruscha, Burning Standard (1968) estimated at =
$20 million</h6><p style=3D"color: #404040; font-size: 16px; line-height: 2=
6px; margin: 0 0 20px 0;"></p><p style=3D"color: #404040; font-size: 16px; =
line-height: 26px; margin: 0 0 20px 0;">With more than a month to go to the=
big show, New York’s May auctions which are traditionally the apex o=
f the auction calendar, Christie’s announces another group of works f=
rom a pair of important collectors. Alan and Dorothy Press were prominent i=
n Chicago having built a collection of German Expressionist works that they=
sold in the 1980s to begin collecting Contemporary art.</p><p style=3D"col=
or: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;">̶=
0;Alan and Dorothy Press collected zealously, across media and periods,R=
21; said Ana Maria Celis, Head of Department, Post-War and Contemporary Art=
, “supporting the markets of the artists they championed long before =
they came to achieve the global level of recognition in the market today.&#=
8221;</p><p style=3D"color: #404040; font-size: 16px; line-height: 26px; ma=
rgin: 0 0 20px 0;"><span>As they had done with their previous collecting, t=
he Presses focused on a few artists. </span><em>Depth of Field: The Alan an=
d Dorothy Press Collection </em><span>includes nine works by Ed Ruscha, thr=
ee from Philip Guston, and works by Man Ray, Henri Matisse, and Ken Price. =
Along with the additional works from the collection that will be offered in=
the Post-War and Contemporary Art Day Sale, the total estimate is in exces=
s of $50,000,000.</span></p><p style=3D"color: #404040; font-size: 16px; li=
ne-height: 26px; margin: 0 0 20px 0;"><span>The top lot is </span><strong>E=
d Ruscha</strong><span>’s </span><em>Burning Standard</em><span> from=
1968 with a $20 million estimate. Sixteen years ago, another example of th=
e same image (there are only five, according to Christie’s, but only =
two are on fire) was auctioned </span><a href=3D"https://substack.com/redir=
ect/27fff380-5a0e-4f65-b12e-484e2def6882?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d=
0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-d=
ecoration: underline;">for nearly $7 million over a $4 million estimate</a>=
<span>. Ruscha’s market stature has grown dramatically in that time w=
ith </span><em><a href=3D"https://substack.com/redirect/afb51544-fe90-4978-=
991f-921bb04ec55f?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx=
_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decoration: underline;">=
Hurting the Word Radio #2</a></em><a href=3D"https://substack.com/redirect/=
afb51544-fe90-4978-991f-921bb04ec55f?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQm=
MpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-decor=
ation: underline;"> selling for a dramatic $52 million in 2019</a><span> we=
ll above the artist’s previous high price of $30 million set in 2014.=
 </span></p><div class=3D"captioned-image-container-static" style=3D"f=
ont-size: 16px; line-height: 26px; margin: 32px auto;"><figure style=3D"mar=
gin: 0 auto; width: 100%;"><table class=3D"image-wrapper" width=3D"100%" bo=
rder=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"mso-padding-alt: 1e=
m 0 1.6em;"><tbody><tr><td style=3D"text-align: center;"></td><td align=3D"=
left" class=3D"content" width=3D"449" style=3D"text-align: center;"><a clas=
s=3D"image-link" target=3D"_blank" href=3D"https://substack.com/redirect/ac=
4a7a8d-2e50-449e-9550-4fc0498bc0fb?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMp=
isrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: center; border:=
none; display: block; flex-direction: column; height: auto; margin: 0; pad=
ding: 0; position: relative; text-decoration: none; width: auto;"><img data=
-attrs=3D"{"src":"https://substack-post-media.s3.amazonaws.c=
om/public/images/161d1330-84d7-48e6-91fd-fb96835d8ddc_4000x3594.jpeg",=
"fullscreen":null,"imageSize":null,"height":1=
308,"width":1456,"resizeWidth":449,"bytes":53=
60107,"alt":null,"title":null,"type":"im=
age/jpeg","href":null,"belowTheFold":true,"in=
ternalRedirect":null}" alt=3D"" width=3D"449" height=3D"403.3598901098=
901" class=3D"" src=3D"https://substackcdn.com/image/fetch/w_449,c_limit,f_=
auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.=
amazonaws.com%2Fpublic%2Fimages%2F161d1330-84d7-48e6-91fd-fb96835d8ddc_4000=
x3594.jpeg" style=3D"-ms-interpolation-mode: bicubic; border: none !importa=
nt; display: block; height: auto; margin: 0 auto; margin-bottom: 0; max-wid=
th: 100% !important; vertical-align: middle; width: auto !important;"></a><=
/td><td style=3D"text-align: center;"></td></tr></tbody></table></figure></=
div><h6 style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-fon=
t-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF Compact=
Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica=
, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbo=
l'; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0;"><span=
>Ed Ruscha, </span><em>Do You Think She Has It</em><span> (1974) estimated =
at $1.5m</span></h6><p style=3D"color: #404040; font-size: 16px; line-heigh=
t: 26px; margin: 0 0 20px 0;"></p><p style=3D"color: #404040; font-size: 16=
px; line-height: 26px; margin: 0 0 20px 0;"><span>Alongside </span><em>Burn=
ing Standard</em><span> will be </span><em> Do You Think She Has It</e=
m><span> with an estimate of $1.5 million and </span><em>Business #1</em><s=
pan> estimated at $250,000. </span></p><div class=3D"captioned-image-contai=
ner-static" style=3D"font-size: 16px; line-height: 26px; margin: 32px auto;=
"><figure style=3D"margin: 0 auto; width: 100%;"><table class=3D"image-wrap=
per" width=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=
=3D"mso-padding-alt: 1em 0 1.6em;"><tbody><tr><td style=3D"text-align: cent=
er;"></td><td align=3D"left" class=3D"content" width=3D"409" style=3D"text-=
align: center;"><a class=3D"image-link" target=3D"_blank" href=3D"https://s=
ubstack.com/redirect/e7ce9fde-b65a-4ba8-a6ab-1af4223a2881?j=3DeyJ1IjoiMjdjZ=
XI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align=
-items: center; border: none; display: block; flex-direction: column; heigh=
t: auto; margin: 0; padding: 0; position: relative; text-decoration: none; =
width: auto;"><img data-attrs=3D"{"src":"https://substack-po=
st-media.s3.amazonaws.com/public/images/ebbf8435-ae62-4aa3-905c-3dcb57d7ff2=
2_3217x4000.jpeg","fullscreen":null,"imageSize":nu=
ll,"height":1810,"width":1456,"resizeWidth":4=
09,"bytes":4079195,"alt":null,"title":null,&q=
uot;type":"image/jpeg","href":null,"belowTheF=
old":true,"internalRedirect":null}" alt=3D"" width=3D"409" h=
eight=3D"508.4409340659341" class=3D"" src=3D"https://substackcdn.com/image=
/fetch/w_409,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2F=
substack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2Febbf8435-ae62-4aa3=
-905c-3dcb57d7ff22_3217x4000.jpeg" style=3D"-ms-interpolation-mode: bicubic=
; border: none !important; display: block; height: auto; margin: 0 auto; ma=
rgin-bottom: 0; max-width: 100% !important; vertical-align: middle; width: =
auto !important;"></a></td><td style=3D"text-align: center;"></td></tr></tb=
ody></table></figure></div><h6 style=3D"-moz-osx-font-smoothing: subpixel-a=
ntialiased; -webkit-font-smoothing: subpixel-antialiased; color: #404040; f=
ont-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Segoe=
UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI =
Emoji', 'Segoe UI Symbol'; font-weight: bold; line-height: 1.16em; margin: =
1em 0 0.625em 0;">Ed Ruscha, Business #1 (1966) estimated at $250,000</h6><=
p style=3D"color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 =
20px 0;"></p><p style=3D"color: #404040; font-size: 16px; line-height: 26px=
; margin: 0 0 20px 0;">An additional eight examples by Ruscha from the coll=
ection will be featured in the Post-War and Contemporary Art Day Sale. =
;</p><div class=3D"captioned-image-container-static" style=3D"font-size: 16=
px; line-height: 26px; margin: 32px auto;"><figure style=3D"margin: 0 auto;=
width: 100%;"><table class=3D"image-wrapper" width=3D"100%" border=3D"0" c=
ellspacing=3D"0" cellpadding=3D"0" style=3D"mso-padding-alt: 1em 0 1.6em;">=
<tbody><tr><td style=3D"text-align: center;"></td><td align=3D"left" class=
=3D"content" width=3D"1456" style=3D"text-align: center;"><a class=3D"image=
-link" target=3D"_blank" href=3D"https://substack.com/redirect/4d5bacf1-e50=
6-4588-9c1b-15f3daf9efda?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRni=
gHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: center; border: none; dis=
play: block; flex-direction: column; height: auto; margin: 0; padding: 0; p=
osition: relative; text-decoration: none; width: auto;"><img data-attrs=3D"=
{"src":"https://substack-post-media.s3.amazonaws.com/public/=
images/d0650591-3d32-4250-81c9-fc80c23ac075_4000x3363.jpeg","full=
screen":null,"imageSize":null,"height":1224,"=
width":1456,"resizeWidth":null,"bytes":5776666,&qu=
ot;alt":null,"title":null,"type":"image/jpeg&=
quot;,"href":null,"belowTheFold":true,"internalRed=
irect":null}" alt=3D"" width=3D"550" height=3D"462.3626373626374" clas=
s=3D"wide-image" src=3D"https://substackcdn.com/image/fetch/w_2912,c_limit,=
f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s=
3.amazonaws.com%2Fpublic%2Fimages%2Fd0650591-3d32-4250-81c9-fc80c23ac075_40=
00x3363.jpeg" style=3D"-ms-interpolation-mode: bicubic; border: none !impor=
tant; display: block; height: auto; margin: 0 auto; margin-bottom: 0; max-w=
idth: 100% !important; vertical-align: middle; width: auto !important;"></a=
></td><td style=3D"text-align: center;"></td></tr></tbody></table></figure>=
</div><h6 style=3D"-moz-osx-font-smoothing: subpixel-antialiased; -webkit-f=
ont-smoothing: subpixel-antialiased; color: #404040; font-family: 'SF Compa=
ct Display', -apple-system, BlinkMacSystemFont, 'Segoe UI', Roboto, Helveti=
ca, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Sym=
bol'; font-weight: bold; line-height: 1.16em; margin: 1em 0 0.625em 0;">Phi=
lip Guston, Chair (1976) estimated at $12 million</h6><p style=3D"color: #4=
04040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0;"></p><p styl=
e=3D"color: #404040; font-size: 16px; line-height: 26px; margin: 0 0 20px 0=
;"><span>As a seminal retrospective of </span><strong>Philip Guston</strong=
><span>’s work is on view at the National Gallery in Washington, DC b=
efore traveling to the Tate in London, Christie’s will offer three Gu=
ston paintings from the collection. The most valuable by estimate is </span=
><em>Chair</em><span> from 1976 which carries a $12 million estimate. That =
will automatically make the work one of </span><a href=3D"https://substack.=
com/redirect/3af357d2-908e-4df8-b5dc-c7b1713e5acb?j=3DeyJ1IjoiMjdjZXI5In0.n=
CNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #40404=
0; text-decoration: underline;">Guston’s top five sales at auction</a=
><span>. </span></p><p style=3D"color: #404040; font-size: 16px; line-heigh=
t: 26px; margin: 0 0 20px 0;"><span>The painting was last shown in Kirk Var=
nedoe’s career-defining </span><a href=3D"https://substack.com/redire=
ct/af6bd54e-573a-495e-a42f-482f45a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0=
jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040; text-de=
coration: underline;">MoMA exhibition </a><em><a href=3D"https://substack.c=
om/redirect/af6bd54e-573a-495e-a42f-482f45a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nC=
NhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"color: #404040=
; text-decoration: underline;">High and Low: Modern Art and Popular Culture=
</a></em><a href=3D"https://substack.com/redirect/af6bd54e-573a-495e-a42f-4=
82f45a08ef2?j=3DeyJ1IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7=
gWdY" rel=3D"" style=3D"color: #404040; text-decoration: underline;"> in 19=
91</a><span>. Christie’s believes the more than five-feet-by-six-feet=
</span><em>Chair</em><span> ranks among his most important figurative pain=
tings with comparable works held at The Museum of Modern Art, New York, Tat=
e Gallery, London, The San Francisco Museum of Modern Art and the National =
Gallery of Art, Washington D.C. </span></p><div class=3D"captioned-ima=
ge-container-static" style=3D"font-size: 16px; line-height: 26px; margin: 3=
2px auto;"><figure style=3D"margin: 0 auto; width: 100%;"><table class=3D"i=
mage-wrapper" width=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"=
0" style=3D"mso-padding-alt: 1em 0 1.6em;"><tbody><tr><td style=3D"text-ali=
gn: center;"></td><td align=3D"left" class=3D"content" width=3D"1456" style=
=3D"text-align: center;"><a class=3D"image-link" target=3D"_blank" href=3D"=
https://substack.com/redirect/bed3283b-3f52-49f1-8511-9ffeffe6471a?j=3DeyJ1=
IjoiMjdjZXI5In0.nCNhOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=
=3D"align-items: center; border: none; display: block; flex-direction: colu=
mn; height: auto; margin: 0; padding: 0; position: relative; text-decoratio=
n: none; width: auto;"><img data-attrs=3D"{"src":"https://su=
bstack-post-media.s3.amazonaws.com/public/images/043f5740-5612-4a3d-9ce0-be=
c45369fc84_4000x2792.jpeg","fullscreen":null,"imageSize=
":null,"height":1016,"width":1456,"resizeWidt=
h":null,"bytes":2629082,"alt":null,"title&quo=
t;:null,"type":"image/jpeg","href":null,"=
;belowTheFold":true,"internalRedirect":null}" alt=3D"" width=
=3D"550" height=3D"383.7912087912088" class=3D"wide-image" src=3D"https://s=
ubstackcdn.com/image/fetch/w_2912,c_limit,f_auto,q_auto:good,fl_progressive=
:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages=
%2F043f5740-5612-4a3d-9ce0-bec45369fc84_4000x2792.jpeg" style=3D"-ms-interp=
olation-mode: bicubic; border: none !important; display: block; height: aut=
o; margin: 0 auto; margin-bottom: 0; max-width: 100% !important; vertical-a=
lign: middle; width: auto !important;"></a></td><td style=3D"text-align: ce=
nter;"></td></tr></tbody></table></figure></div><h6 style=3D"-moz-osx-font-=
smoothing: subpixel-antialiased; -webkit-font-smoothing: subpixel-antialias=
ed; color: #404040; font-family: 'SF Compact Display', -apple-system, Blink=
MacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Col=
or Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol'; font-weight: bold; line-hei=
ght: 1.16em; margin: 1em 0 0.625em 0;">Philip Guston, Pull (1979) estimated=
at $6 million</h6><p style=3D"color: #404040; font-size: 16px; line-height=
: 26px; margin: 0 0 20px 0;"></p><p style=3D"color: #404040; font-size: 16p=
x; line-height: 26px; margin: 0 0 20px 0;"><span>The even larger </span><em=
>Pull </em><span>from 1979, which is eight feet wide, has an estimate of: $=
6 million. Yet the much smaller </span><em>Bricks </em><span>from 1970 also=
carries the same estimate. Neither work has been seen in public for more t=
han two decades.</span></p><div class=3D"captioned-image-container-static" =
style=3D"font-size: 16px; line-height: 26px; margin: 32px auto;"><figure st=
yle=3D"margin: 0 auto; width: 100%;"><table class=3D"image-wrapper" width=
=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0" style=3D"mso-pad=
ding-alt: 1em 0 1.6em;"><tbody><tr><td style=3D"text-align: center;"></td><=
td align=3D"left" class=3D"content" width=3D"1456" style=3D"text-align: cen=
ter;"><a class=3D"image-link" target=3D"_blank" href=3D"https://substack.co=
m/redirect/8a6faf87-87ae-403f-bcb7-01e28d7fa08e?j=3DeyJ1IjoiMjdjZXI5In0.nCN=
hOM3c1d0jQmMpisrMe5iRnigHXx6Fx_g6pp7gWdY" rel=3D"" style=3D"align-items: ce=
nter; border: none; display: block; flex-direction: column; height: auto; m=
argin: 0; padding: 0; position: relative; text-decoration: none; width: aut=
o;"><img data-attrs=3D"{"src":"https://substack-post-media.s=
3.amazonaws.com/public/images/97a01c04-8b4e-4877-96ee-101f4ba794e1_4000x177=
2.jpeg","fullscreen":null,"imageSize":null,"h=
eight":645,"width":1456,"resizeWidth":null,"b=
ytes":2245571,"alt":null,"title":null,"type&q=
uot;:"image/jpeg","href":null,"belowTheFold":=
true,"internalRedirect":null}" alt=3D"" width=3D"550" height=3D"2=
43.64697802197801" class=3D"wide-image" src=3D"https://substackcdn.com/imag=
e/fetch/w_2912,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%=
2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F97a01c04-8b4e-48=
77-96ee-101f4ba794e1_4000x1772.jpeg" style=3D"-ms-interpolation-mode: bicub=
ic; border: none !important; display: block; height: auto; margin: 0 auto; =
margin-bottom: 0; max-width: 100% !important; vertical-align: middle; width=
: auto !important;"></a></td><td style=3D"text-align: center;"></td></tr></=
tbody></table></figure></div><h6 style=3D"-moz-osx-font-smoothing: subpixel=
-antialiased; -webkit-font-smoothing: subpixel-antialiased; color: #404040;=
font-family: 'SF Compact Display', -apple-system, BlinkMacSystemFont, 'Seg=
oe UI', Roboto, Helvetica, Arial, sans-serif, 'Apple Color Emoji', 'Segoe U=
I Emoji', 'Segoe UI Symbol'; font-weight: bold; line-height: 1.16em; margin=
: 1em 0 0.625em 0; margin-bottom: 0;">Philip Guston, Bricks (1970) estimate=
d at $6 million</h6></div></div><div class=3D"postscript-placeholder" style=
=3D"box-sizing: border-box; font-size: 16px; line-height: 26px; margin: 32p=
x 0 0; width: 100%;"></div><table role=3D"presentation" width=3D"100%" bord=
er=3D"0" cellspacing=3D"0" cellpadding=3D"0" class=3D"email-ufi-2-bottom" s=
tyle=3D"border-bottom: 1px solid #e0e0e0; border-top: 1px solid #e0e0e0; mi=
n-width: 100%;"><tr height=3D"16"><td height=3D"16" style=3D"font-size: 0px=
; line-height: 0;"> </td></tr><tr><td><table role=3D"presentation" wid=
th=3D"100%" border=3D"0" cellspacing=3D"0" cellpadding=3D"0"><tr><td><table=
role=3D"presentation" width=3D"auto" border=3D"0" cellspacing=3D"0" cellpa=
dding=3D"0" style=3D"margin: 0 auto;"><tr><td style=3D"vertical-align: midd=
le;"><table role=3D"presentation" width=3D"auto" border=3D"0" cellspacing=
=3D"0" cellpadding=3D"0"><tr><td align=3D"center"><a href=3D"https://substa=
ck.com/app-link/post?publication_id=3D2259&post_id=3D111129422&utm_source=
=3Dsubstack&isFreemail=3Dtrue&submitLike=3Dtrue&token=3DeyJ1c2VyX2lkIjoxMzM=
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Q0NzUsImV4cCI6MTY4Mjc2NjQ3NSwiaXNzIjoicHViLTIyNTkiLCJzdWIiOiJyZWFjdGlvbiJ9.=
IqrD39pL9GsunGFJUS_Z_3sPP9T3KbwkJZj4qnF0PyE&utm_medium=3Demail" class=3D"em=
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ca, Arial, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Sym=
bol'; font-size: 12px; font-weight: 500; line-height: 12px; padding: 9px 14=
px; text-decoration: none; text-transform: uppercase;"><img src=3D"https://=
substackcdn.com/image/fetch/w_36,c_scale,f_png,q_auto:good,fl_progressive:s=
teep/https%3A%2F%2Fsubstack.com%2Ficon%2FLucideHeart%3Fv%3D4%26height%3D36%=
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td align=3D"center"><a href=3D"https://substack.com/app-link/post?publicati=
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nB1Yi0yMjU5Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.C__ifMe2Z43V3en7ANrK2Mw_h2EaIby=
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em, ui-sans-serif, BlinkMacSystemFont, 'Segoe UI', Roboto, Helvetica, Arial=
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t-size: 12px; font-weight: 500; line-height: 12px; padding: 9px 14px; text-=
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