{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Preview of sales of impressionist and modern art' data-url='/boclips/videos/5c54bd0cd8eafeecae131352' data-video-url='/boclips/videos/5c54bd0cd8eafeecae131352' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nPreview of sales of impressionist and modern art\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Wide exterior Sotheby's New York auction house2. Various of Spanish artist Pablo Picasso's painting \"The Daughter of the Artist at two-and-a-half years with a Boat\"3. SOUNDBITE (English) Simon Shaw, Head of Impressionist and Modern...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Wide exterior Sotheby's New York auction house\u003cbr/\u003e2. Various of Spanish artist Pablo Picasso's painting \"The Daughter of the Artist at two-and-a-half years with a Boat\"\u003cbr/\u003e3. SOUNDBITE (English) Simon Shaw, Head of Impressionist and Modern Art Department at Sotheby's:\u003cbr/\u003e\"The greatest picture that is on the market at the moment is this wonderful portrait of Picasso's daughter Maya when she was two and a half in 1938 and it's a picture that is incredibly luminous, almost as if it is lit from behind.  He's experimenting with oil paint, with industrial paints and trying to create this pearlescent luminous surface that really reflects the joy that Maya brought into his life.\"\u003cbr/\u003e4. Zoom in to Picasso's \"The Daughter of the Artist at two-and-a-half years with a Boat\"\u003cbr/\u003e5. Wide of Swiss artist Alberto Giacometti's sculpture \"The Cat\"\u003cbr/\u003e6. Wide of US artist Jeff Koon's sculpture \"Baroque Egg with Bow\"\u003cbr/\u003e7. Mid of woman walking by Koons' sculpture\u003cbr/\u003e8. SOUNDBITE (English) Alex Rotter, Head of Contemporary Art Department for Sotheby's New York:\u003cbr/\u003e\"It has this wonderful play of lightness and heaviness at the same time. It looks like you want to pick it up and crinkle it a little bit, but, you know, it weighs as much as a range rover, and this is the fascinating thing, but he still makes it light.\"\u003cbr/\u003e9. Mid of US artist Robert Rauschenberg's painting \"Transom\" \u003cbr/\u003e10. Wide exterior of Christie's New York auction house\u003cbr/\u003e11. Close up of Christie's sign\u003cbr/\u003e12. Various of Pablo Picasso's painting \"Woman With Hat\"\u003cbr/\u003e13. SOUNDBITE (English) Guy Bennett, Senior Vice President of Christie's: \u003cbr/\u003e\"From early impressionism, we have a wonderful Gauguin still life in one of the far galleries and then moving through the first part of the twentieth century with great Egon Schieles behind me and we culminate in two fabulous portraits by Pablo Picasso. One painted in 1968 and one painted in 1971, towards the end of his career, that really speak to the strength of the artist, the incredible sort of enthusiasm, vigour that he paints the canvases. Both monumental, both in essence self-portraits. So I think the sale in itself is very interesting because it touches on all these high points.\"\u003cbr/\u003e14. Various of Alberto Giacometti's sculpture \"Bust of Diego\"\u003cbr/\u003eThe art season has officially begun in New York, with a preview on Friday of spring sales at Sotheby's and Christie's auction houses. \u003cbr/\u003eBoth Sotheby's and Christie's are featuring unusual pieces in May that haven't been on the market for decades. \u003cbr/\u003eBoth houses are offering exceptional works by Pablo Picasso, Alberto Giacometti, Max Ernst, Piet Mondrian and David Hockney.\u003cbr/\u003eAnd even though many wealthy collectors have been hammered by the recession, there are still plenty of investors and art museums with the resources to spend (m) millions of dollars on art.\u003cbr/\u003eAt Sotheby's, the main highlight of the Impressionist and Modern Art sale is a 1938 painting by Spanish artist Pablo Picasso.  \u003cbr/\u003eEntitled \"The Daughter of the Artist at two-and-a-half years with a Boat\", the work is a portrait of the artist's daughter Maya.  \u003cbr/\u003eThe painting was in Picasso's private collection until his death and has been in private hands ever since.  \u003cbr/\u003eThe painting is expected to fetch between 16 and 24 (m) million US dollars. \u003cbr/\u003eAlso at Sotheby's, an important work by Swiss artist Alberto Giacometti, \"The Cat\", estimated at 16 (m) million to 24 (m) million US dollars, was last seen at auction in 1975. \u003cbr/\u003eA top lot in the Contemporary Art Sale at Sotheby's is a Jeff Koons sculpture, \"Baroque Egg with Bow.\"  \u003cbr/\u003ePart of Koons' \"Celebration\" series, which is made up of toys, presents, and other childhood objects, \"Baroque Egg with Bow\" has never been on the auction block before. \u003cbr/\u003eThe artwork is estimated to sell for between 6 and 8 (m) million US dollars. \u003cbr/\u003ePart of Christie's Impressionist and Modern Art Sale is a work that was painted by Pablo Picasso at the end of his life in 1971. \u003cbr/\u003e\"Woman With Hat\" exhibits a female wearing a hat, with a face similar to Picasso's own.   \u003cbr/\u003eIt is estimated to sell for 8-12 (m) million US dollars. \u003cbr/\u003eAlso a highlight in the same sale is an Alberto Giacommeti sculpture, \"Bust of Diego.\" \u003cbr/\u003eIt is a bust of a Giacometti's brother, created out of steel, and is one of only three versions of this kind.  \u003cbr/\u003eIt is expected to sell for 4.5-6.5 (m) million US dollars. \u003cbr/\u003eNoticeably different at these spring auctions, is the number of lots, which has dramatically decreased compared to years past.  \u003cbr/\u003eOn May 5, Sotheby's is offering 36 impressionist and modern works in an evening sale that is traditionally reserved for its best merchandise. \u003cbr/\u003eThe sale is expected to bring up to 118.8 (m) million US dollars, compared to last spring when 52 lots sold for 235.4 (m) million.\u003cbr/\u003eSotheby's contemporary evening sale on May 12 has 49 lots and is expected to bring as much as 72.7 (m) million.\u003cbr/\u003eIn 2008, 362 (m) million was realised for 83 contemporary works.\u003cbr/\u003eChristie's has 50 lots at its evening sale on May 6, which it expects will bring 94 (m) million US dollars.\u003cbr/\u003eLast spring it had 58 works, and made 277.2 (m) million US dollars for 44 sold lots. \u003cbr/\u003eFor its contemporary evening sale on May 13, it expects to achieve up to 104 (m) million US dollars, compared to 331.4 (m) million last spring.\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='action-container flex justify-between'\u003e\n\u003cbutton aria-expanded='false' aria-label='Read more description' class='rp-full-description' type='button'\u003e\n\u003ci class='fai fa-solid fa-align-left'\u003e\u003c/i\u003e\n\u003cspan id='read_more'\u003eRead More\u003c/span\u003e\n\u003c/button\u003e\n\u003cdiv class='rp-report'\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv aria-labelledby='resource-details-heading' class='rp-info-section'\u003e\n\u003ch2 class='title' 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