I.M. Chait To Auction Important Chinese Ceramics & Asian Artworks During Asia Week

FOR IMMEDIATE RELEASE

Date of Release: Jan. 31, 2012

 

March 21 sale in NYC led by rare 15th century Ming Xuande porcelain sprinkler

BEVERLY HILLS, Calif. – When the doors are opened to I.M. Chait’s elegant Manhattan gallery space during Asia Week New York (March 16-24), the management and staff of the family-owned southern California firm expect to welcome many old friends to their preview and March 21 auction of Important Chinese Ceramics & Asian Works of Art.

The company’s venerable founder and auctioneer Isadore “I.M.” Chait, who is celebrating his 45th year as a specialist dealer of Asian art, takes pride in the fact that collectors who bought from him decades ago are still amongst his active clientele.

“What is particularly interesting about the Asian market is the cycle of buying, holding and selling,” Chait said. “We’ve noticed that pieces purchased five to fifteen years ago in Hong Kong or New York auctions are now resurfacing. It has been an ongoing practice for some Chinese art collectors to buy an object, put it in their collection, then 10 or 20 years later, put it up for sale at the same venue and buy something else they like.”

But what is changing, Chait said, is that nowadays there are so many private museums establishing or adding to their Asian collections, that many rare pieces are being removed from the cycle. “They’re going into institutional collections and staying there. This is one factor that is driving auction prices upward,” Chait said.

There are many rare and exotic artworks in the 300+ lot March 21 auction that Chait predicts will attract intense interest. Topping the list is a marked 15th century Ming Xuande Period porcelain sprinkler of Islamic shape. Chait explained that, at the height of its manufacture, Chinese porcelain often went to Middle Eastern potentates, hence the distinctive bulbous style with graduated cylindrical spout.

“Anything from the 15th century is exceedingly rare. This sprinkler comes from a major collection that was started 35 to 40 years ago. The only reason this piece is being sold is because the consignor is fortunate enough to have another one in their collection,” Chait said.

An estimate of $250,000-$350,000 for the sprinkler is conservative when measured against recent comparables. “At a show one or two years ago we saw an example that sold for half a million dollars,” Chait said. “It showed up a few months later in a Chinese auction with a million-dollar estimate.”

Another highlight with a six-figure estimate is the Yuan Dynasty blue and white porcelain bowl with expectations of reaching $120,000-$150,000. The bowl comes to auction with outstanding provenance, having once been part of the renowned T.T. Tsui Museum of Art Collection in Hong Kong.

An estate collection local to the auctioneer’s Beverly Hills gallery was the source for an important spinach jade brushpot that Chait describes as “one of the most exquisitely carved brushpots we’ve ever seen.” Under its base is a label – possibly from the 1960s/’70s – from the London auction house Spink & Son.

Chait noted that the object is deeply and intricately carved from a single piece of jade, a method that requires great artistic skill. The carver’s technique masterfully rendered a three-dimensional, “layered” effect to the piece. The presale estimate has been set at $40,000-$50,000.

The rich cobalt hue of lapis lazuli is the immediate focal point of a Qianlong table screen from an old Shanghai collection. According to Chait, it may have Imperial provenance.

“Most table screens of this type are made of wood. Lapis is more rare,” he said. The lot is estimated at $35,000-$40,000.

Additional objects of exceptional quality are still arriving for consignment to Chait’s Asia Week auction, including a collection of 70 extremely fine 20th-century netsukes, most being of ivory and all by important carvers. The collection was purchased at auctions and from top dealers in the 1990s, bearing out Isadore Chait’s theory about a 20-year buying-and-reselling cycle.

Chait’s Asia Week auction is the firm’s most important sale of the year. Each object selected for inclusion in this year’s premier event was personally selected and vetted by Isadore Chait and comes with the company’s guarantee of authenticity. Mr. Chait is an internationally acknowledged expert in both Oriental sculpture and gemology. He is a recommended appraiser to many museums and educational institutions, including the J. Paul Getty Museum, the Norton Simon Museum and the Los Angeles County Museum of Art.

All auction items will be available to preview daily from March 16-20, 10 a.m. to 5 p.m. (10 a.m. till noon on auction day) at I.M. Chait’s gallery on the 6th floor of the historic Fuller Building, 595 Madison Ave. at 57th St., New York, NY 10022. A West Coast preview will take place from Feb. 27-March 4, from 11 a.m. to 5 p.m. or by appointment, at I.M. Chait’s flagship gallery located at 9330 Civic Center Dr., Beverly Hills, CA 90210.

The March 21 Asia Week New York auction will commence at 2 p.m. Eastern Time at the Fuller Building gallery, with all forms of bidding available, including live via the Internet through LiveAuctioneers.com.

Four of I.M. Chait’s staff are fluent in Mandarin and will be on hand to greet Asian visitors to the New York gallery space and to assist Chinese-speaking bidders over the phone during the auction.

For additional information on any lot in the sale or to obtain a fully illustrated color catalog ($35 + shipping), call 1-800-775-5020 or 310-285-0182; or e-mail joey@chait.com. Visit the company online at www.chait.com.

CAPTION:

 

Rare 15th-century Ming Xuande porcelain sprinkler, est. $250,000-$350,000. I.M. Chait image.

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Clark’s Fine Art To Auction Important Modern And Contemporary Artworks With Hollywood Connection On Jan. 21

FOR IMMEDIATE RELEASE

Date of Release:  Jan. 7, 2012

Third featured collection to benefit LA-area Jewish community center

SHERMAN OAKS, Calif. – On Saturday, Jan. 21, Clark’s Fine Art of Sherman Oaks (Los Angeles), Calif., will conduct its first auction of 2012 – a 270-lot auction of premier modern and contemporary artworks from three significant collections, plus additional select consignments. Two of the featured collections are from the estates of Hollywood luminaries who played key roles in the production of TV and film classics known the world over. The third collection consists of contemporary works of art donated by supporters to the Silverlake Independent Jewish Community Center, a Los Angeles nonprofit that will benefit from its portion of the auction proceeds.

One of the sale’s key collections was amassed by Harold Berkowitz, a prominent entertainment lawyer whose A-list clients included Robert Mitchum, Shelley Winters, Jack Lemmon and even the canine superstar Rin Tin Tin. Maintaining offices in Beverly Hills and Paris to accommodate his international clientele, Berkowitz had a hand in the deals behind the Pink Panther movie series and 1975 horror-thriller Jaws, as well as many of television’s most enduring shows, including Lassie, Flipper, The Donna Reed Show and All in the Family.

“Mr. Berkowitz, who passed away in 2010, lived in Malibu and collected contemporary and modern art that suited the décor of his home. His refined taste is reflected in the artworks he personally chose for his collection,” said Clark Cierlak, owner of Clark’s Fine Art.

The second major art collection in the sale comes from the estate of Hollywood director Jerrold “Jerry” Bernstein (1930-1979), whose TV credits included The Flying Nun, Gidget, Nanny and the Professor, I Dream of Jeannie, and scores of other popular shows.

“Like Mr. Berkowitz, Jerry Bernstein favored contemporary and modern art. He also liked and, to a lesser extent, collected African art. His art collection has remained in the family for the past 32 years. We are honored to be presenting it at auction,” said Cierlak.

The contemporary art collection consigned by the Silverlake Independent Jewish Community Center blends perfectly into the trifecta of auction headliners. It is comprised of quality contemporary artworks that were gifts from generous supporters.

“The Silverlake center has been a respected institution within the Los Angeles Jewish community for more than 60 years and provides early childhood education and social programs for people of all backgrounds who have an interest in Jewish culture,” said Cierlak. “Over the years some very nice artworks have been donated to the center. There are paintings with previous appraisal values of $30,000 to $40,000 that we will auction with estimates of $4,000 to $5,000 each.”

One of the sale’s top highlights is a 1988 Monique Frydman (American, b. 1943-) pigment, color pastel and oil painting on canvas titled Jaune Majeur III. The 86 x 76 inch work is artist-signed and dated on verso, and comes with provenance from Galerie Baudoin Lebon in Paris. It is estimated at $12,000-$18,000.

Another fine American work is Alex Brown’s (b. 1966-) oil on canvas titled Presence Chamber. The 68 x 60 inch painting – titled, signed and dated “1998” on verso – renders a three-dimensional op art effect. With an appraised value of $37,000, it is cataloged with a $6,000-$9,000 estimate.

A wonderful cast-bronze sculpture titled Colloquio was created in 1962 by Italian sculptor Alfio Castelli (b. 1917-). The signed 60 x 40 x 48 inch depiction of two angular figures in a perpendicular arrangement was previously in the collection of the late David E. Bright and is estimated at $20,000-$40,000. Cierlak noted that David Bright was “a renowned collector who bequeathed 23 paintings to the Los Angeles County Museum of Art, where a wing was named after him. There are also 11 works from his estate at the Murphy Sculpture Garden at UCLA.”

Standing Nude Woman, a 70-inch-tall welded metal sculpture by Californian Gene Logan (1922-1999), comes with provenance from the Ankrum Gallery, which opened in 1960 and for decades was a favorite haunt for art collectors in LA. Estimate: $1,000-$2,000.

Alida Margolis (American, b. 1975) created the oval oil on canvas titled We Love You All. Signed and dated on verso, the 64½ x 106 inch painting has an appraised value of $20,000. It will be offered at Clark’s on Jan. 21 with an $8,000-$12,000 estimate.

Norwegian artist Haavard Homstvedt’s (b. 1976-) acrylic-on-linen wrapped over panel work titled Nudes (Double Step) measures 64 x 48 inches and was previously appraised at $35,000. Some sharp-eyed collector could take away a bargain if it sells within its estimate range of $4,000-$6,000.

Two signed multicolor acrylic columns by Yugoslavian artist Velizar Vasa (b. 1933-) will be offered individually in consecutive lots. Each incorporates a spectrum of colors – blue, green, yellow and purple – and measures 101 inches tall, inclusive of stand. The presale estimate on each column is $4,000-$6,000.

Clark’s Fine Art welcomes all forms of bidding for its Jan. 21 auction, including live at the gallery, absentee, by phone, or live via the Internet through LiveAuctioneers.com. The gallery is located at 14931 Califa St., Space A, Sherman Oaks (Los Angeles), CA 91411. The auction will begin at noon Pacific Time. Preview 10 a.m. to 5 p.m. Monday, Jan. 16 through Friday, Jan. 20, and from 10 a.m. till noon on auction day.

For additional information on any lot in the sale, call 818-783-3052 or e-mail gallery@pacbell.net. View the fully illustrated catalog online at www.LiveAuctioneers.com. Visit Clark’s website at www.estateauctionservice.com.

CAPTIONS:

Alfio Castelli (Italian, b. 1917-), ‘Colloquio,’ cast bronze sculpture, 1962, 60 x 40 x 48 inches. Provenance: David E. Bright collection. Est. $20,000-$40,000. Clark’s Fine Art image.

 

Monique Frydman (American, b. 1943-), ‘Jaune Majeur III,’ 1988, 86 x 76 inches. Provenance: Galerie Baudoin Lebon, Paris. Est. $12,000-$18,000. Clark’s Fine Art image.

 

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