Among the many wealth of artwork in Christie’s forthcoming gross sales of works from the gathering of Microsoft co-founder Paul Allen in New York (9-10 November), there’s a {photograph} that some assume has monumental potential. Edward Steichen’s The Flatiron (1904, printed 1905) comes with an estimate of $2m-$3m, however given its rarity and significance within the images group as a harbinger of the medium’s inventive prospects, the expectations are excessive.
Some on the public sale home imagine it might surpass the file for {a photograph}, set simply this Might when a print of Man Ray’s seductive Le Violon d’Ingres (1924) offered for $12.4m (with charges). That sale was additionally at Christie’s, and the Man Ray got here with a $7m excessive estimate thanks, partially, to resurgent collector curiosity in Surrealism and the long-lasting nature of the topic, the bare again of Kiki de Montparnasse with violin f-holes painted on both aspect of her decrease again.
Man Ray’s Le Violon d’Ingres (1924) offered at public sale earlier this 12 months for $12.4m, smashing the earlier public sale file for {a photograph}. Courtesy Christie’s
The Flatiron could not have the intercourse enchantment of Le Violon d’Ingres, however it’s simply as traditionally related—if no more. The image was taken simply two years after the Flatiron Constructing was completed, an indication that modernity was flourishing in New York. It was additionally a response to {a photograph} by Steichen’s mentor and comrade Alfred Stieglitz, who had photographed the constructing the 12 months earlier than. There are solely three prints of the picture in existence, two of that are within the Metropolitan Museum’s assortment. And all three are completely different, due to Steichen’s use of gum bichromate over the platinum print, which gave every print a special hue.
The print headed to public sale stayed in Steichen’s household till the Nineties, and was acquired by Allen within the early aughts. It has been lauded by images aficionado’s as one of many first examples of images’s capability to match portray as an artwork kind.
“Steichen is working nonetheless on this kind of pictorialist custom that’s, in a method, mirroring visible language of the humanities of the day,” says Darius Himes, worldwide head of images at Christie’s. “That is actually his most iconic picture. And one which he was so happy with as a result of it actually represents Steichen on the peak of his youthful powers.”
The record-breaking sale of Le Violon d’Ingres was proof the images market is on its method up after years of relative stagnation. However not everyone seems to be satisfied that The Flatiron can command as excessive a value as Man Ray’s risqué composition. “Should you have been to place two doorways exterior a museum, and out of doors on the left there was an indication that learn, ‘Pay 20 bucks to return and see the Man Ray,’ and on the best, ’20 bucks and are available see the Steichen,’ you are going to have two very different-looking queues,” says Michael Hoppen of the namesake London gallery, which specialises in images.
Nevertheless, the artwork market has in some methods all the time been about trophy-buying, and rarity may be as vital an element because the familiarity of a picture. “It comes all the way down to what the bidders and eventual purchaser is on the lookout for,” Hoppen says. “Aesthetic love? Rarity? A trophy? All are doable and if The Flatiron does cross the file set by the Man Ray, that may imply an awesome deal for the images market.”
