Fine Art

Christie’s Set to Break the Bank on Edgar Degas, Claude Monet and Mark Rothko Sales

Modern art buyers are about to get a chance to own some serious pieces of modern art and fine art. A selection of 12 works from Mrs. Bass’s New York apartment will lead the 20th Century Evening Sale at Christie’s New York this May. Artists Edgar Degas, Claude Monet and Mark Rothko are on the list and that means some works may fetch tens of millions of dollars. Her collection as a whole is described as a masterpiece of quality, rarity, provenance, and dialogue.

This one sale from the art collection may fetch more than $250 million!

Collectors Dashboard evaluates high-end collectibles as an alternative asset class. This means rare works of art by established names are attracting the same capital that could have been invested into stocks or bonds. With price tags in the millions and tens of millions, each piece could have easily been an entire retirement plan for dozens of people. And we now know for a fact that modern art and fine art collectors with a deep passion are having to compete directly against investors whose only desire is to make a profit in the future.

According to Christie’s:

“During her lifetime, Anne Hendricks Bass was acknowledged as much for her refined taste and timeless style as for her generosity. The art in her breathtaking, Mark Hampton-designed Fifth Avenue home reflected her inner life and ideals — exquisite balance, curiosity and intellectual and aesthetic rigor.”

Here are some of the 12 works of art that together are expected to exceed $250,000,000 according to Chrisitie’s. All images can be found in the press release linked to above at Christie’s. Some images have been used to represent artworks up for sale from the Christie’s press release.

Edgar Degas (1834-1917), Danseuse attachant son chausson, 1887 in Mrs. Bass’s New York apartment. Pastel on buff paper. 18½ x 16⅞ in (47.5 x 42.9 cm). Estimate: $4,000,000-6,000,000.

Edgar Degas (1834-1917), Petite danseuse de quatorze ans, cast in 1927. Bronze with brown patina with muslin skirt and satin hair ribbon on wooden base. Height (excluding base): 40½ in (102.9 cm). Estimate: $20,000,000-30,000,000.

Claude Monet (1840-1926), Peupliers au bord de l’Epte, 1891. Oil on canvas. 39¾ x 25⅞ in (101 x 65.7 cm). Estimate: $30,000,000-50,000,000.

Claude Monet (1840-1926), Le Parlement, soleil couchant, 1903 in Mrs. Bass’s New York apartment. Oil on canvas. 32 x 36¼ in (81.2 x 92 cm). Estimate: $40,000,000-60,000,000.

Mark Rothko (1903-1970), No. 1, 1962. Oil on canvas. 69 x 60 in (175.3 x 152.4 cm). Estimate: $45,000,000-65,000,000.

Mark Rothko (1903-1970), Untitled (Shades of Red), 1961. Oil on canvas 69 x 56 in (175.3 x 142.2 cm). Estimate: $60,000,000-80,000,000.

Vilhelm Hammershøi (1864-1916), Stue (Interior with an Oval Mirror), 1900. Oil on canvas. 21⅝ x 18⅛ in (55 x 46 cm). Estimate: $1,500,000-2,500,000.

Balthus (1908-2001), Jeune fille à la fenêtre, 1955. Oil and Casein on canvas. 76¾ x 51¼ in (195 x 130 cm). Estimate: $4,000,000-6,000,000.

Left: Mark Rothko (1903-1970), No. 1, 1962. Oil on canvas. 69 x 60 in (175.3 x 152.4 cm). Estimate: $45,000,000-65,000,000. Right: Mark Rothko (1903-1970), Untitled (Shades of Red), 1961. Oil on canvas 69 x 56 in (175.3 x 142.2 cm). Estimate: $60,000,000-80,000,000. Both offered in The Collection of Anne H. Bass in May 2022 at Christie’s in New York…

Claude Monet (1840-1926), Peupliers au bord de l’Epte, 1891. Oil on canvas. 39¾ x 25⅞ in (101 x 65.7 cm). Estimate: $30,000,000-50,000,000. Offered in The Collection of Anne H. Bass in May 2022 at Christie’s in New York….