We are all drawn to art for different reasons. Some appreciate the historical context of the work, others gravitate toward prestige and price tag, and many of us are inspired by the emotional connection that forms with the work itself….

Happy Fall,

You may recall a message I sent on June 14th regarding a rare and important oil painting by Alexander Calder. Wellington Fine Art makes a market in the artist and has successfully negotiated a substantial price reduction.

A collector also consigned a painting by Yoshitomo Nara. These works are hard to find as the artist is making the headlines:

Some tickets are still available. I hope to see you in 2 days at Henry Street Social on October 16 benefiting Henry Street Settlement, a social service and arts organization that provides life-changing services to over 50,000 New Yorkers each year. I have volunteered with Henry Street youth programs and have seen firsthand the impact on young people’s lives.

I am on the host committee for Henry Street Social along with great supporters and VIPs. I hope you will join us at The Bowery Hotel for this Lower East Side evening of live music, art, dance performances, cocktails, and special guests for an amazing cause. Learn more and buy tickets or make a contribution at henrystreet.org/HSSocialtickets.

Sincerely,

Tom Sellin

Client selling Warhol collection (917) 583-5301

Please read the important Andrew Warhol market update below

For a very long time many of those who are deeply involved in the Warhol market have remarked upon the fact that Warhol’s use of silkscreening has meant that the difference in quality between his serial work on paper and his works on canvas is much smaller than between the usual painter. As the market for Warhol’s paintings rose in value over the last two decades, driving Contemporary art to the forefront of the market, a large chasm opened between the stratospheric prices of the canvases and the quite reasonable prices of the prints. 

Few market participants believe the tapering off of Warhol painting sales is anything more than a reflection of price constricting both supply, few owners want to reduce prices from the current levels, and demand, there are simply not enough buyers at the level where the owners of paintings are willing to sell. 

Buyers have finally woken up to the fact that Warhol prints represent a small compromise in quality for a huge discount in price. That recognition seems to be driving the healthy and sustained demand for Warhol prints we currently see in the market.

Most of Andy Warhol’s prints are more appealing than his paintings in term of subject, palette and composition.

Happy Fourth of July

Summer Hours closed Monday and Tuesday until Labor Day

We are looking for the following artworks now for immediate purchase:

1) Sol Le Witt gouache 20 x 30 inches

2) Hans Hoffmann gouache

3) Andy Warhol Diamond Dust Shoes F.S. II 257, Electric Chairs 74&77, Banksy prints and Picasso linocuts.

4) Fernand Leger painting

Please call (917) 583-5301 . Thank you

The Dansaekhwa work featured below sold for $ 300,000 @ Frieze 5/2/18

Articles on this global collecting trend, Yong Jo and the Asian market below

We have set aside a few works by Yong Jo Ji for auction, gallery shows and consignment. Feel free to contact us if interested.

“My art looks to the future at the expense of acknowledging the past.” Yong Jo Ji

Yong Jo Ji

Fire Dansaekhwa (not for sale)

2002

Hexagram Encaustic on Canvas

48 x 72 inches

Subscriber,

Sensational works by Leger, Fontana and De Kooning are available for 1/2 of their recent auction prices.

Join some of the city’s most influential collectors and artists for the opening party in October featuring live music.

Click the Wellington Fine Art logo above or reply for more information.

WFA proudly offers a 1953 Leger very similar to the above. A private Manhattan viewing is available on request.

WFA has a Fontana very similar to the above recently sold at Sotheby’s.

The Fontana we recently featured on our investment video section is sold.

Finding these works in such desirable colors and prices is rare indeed.

Sales of Fontana were strong last night at Christie’s Milan.

Signed and Titled

28.75″ x 23.75″ (73.03cm x 60.33cm)

Created: 1964

Oil / Canvas

Bob Marley photos by Kim Gottlieb-Walker

Bob Reading The Trades

13 x 19 inches

OFFERING

Paintings by Lucio Fontana, Christopher Wool, Keith Haring, Andy Warhol, David Hockney, Agnes Martin. Yayoi Kusama painting

Major works by Cy Twombly and Jean Michel Basquiat.

Bob Smiling Hand To Head

17 x 22 inches

SEEKING

Paintings by Victor Vasarely monochrome painting (black and white, grey) Yayoi Kusama painting

We are looking to partner with galleries to exhibit the works of Kim Gottlieb- Walker and Yong Jo Ji, artists we represent exclusively.

Please call (212) 628-1060

Enter your email here to follow The Wellington Art Center developments

Where Dreams Are Born

Yong Jo Ji

Acrylic on canvas

4 ft x 6 ft 2008

Synchronicity

Yong Jo Ji

Acrylic on canvas

4 ft x 4 ft 2014

Auction Week Arbitrage Strategy

Dear Subscriber,

A much smaller yet very similar Fontana sold at Phillips yesterday for $ 418,000. This work is 35 % the size of ours . $390,000 would have placed our offering price of $1.1 million at fair value. The fact that yesterday’s lot sold at $418,000 makes our Fontana painting $150,000 in the money.

Furthermore, our Fontana has 4 slits, is a better year, stronger provenance and appears first in the catalogue raisonee. 

Our exclusive on this painting ends tomorrow at which point the work enters the open market. 

LUCIO FONTANA  (1899 – 1968)

Concetto Spaziale, Attese

Markings: signed, titled and inscribed on the reverse 1. Fontana/ “ ATTESE” / 1 = 1 – BB2. Milano, Luigi Fernandi (926/3)

Material: waterpaint on canvas Dimensions: 38 cm x 33 cm (14,96 x 21,65 in)

Executed: 1960.

Ref: 60. T 100

Notes: Export license issued by the Ministry of culture approved. Viewing: Milan, Italy.

PROVENANCE: Private Collection, Italy.

Purchased by the present owner in 1974.

LITERATURE

Enrico Crispolti, Lucio Fontana, Catalogo Raisonné, Vol. II. p. 499, rirp.

As a bonus to our 3/10 placement offer of artworks, we are adding the below Currier and Ives lithographs from Life of a Fireman for a total of 94! These works are valued in the thousands and colors are vibrant. Please click here for more information.

We have received several inquiries asking, “What is the catch?” The answer is we received an incredible deal which we are able to pass along to you. Call (212) 628-1060 to reserve or ask questions. We look forward to working with you. Sincerely, Tom Sellin

The Ruins, Take Up Man Your Rope!

20 x 28 inches

Beautifully framed with mat

The Race, Jump Her Boys, Jump Her!

20 x 28 inches

Beautifully framed with mat

The Night Alarm

20 x 28 inches

Beautifully framed with mat

Would you help us by taking a quick survey so we can continue to bring valuable content to you? You will receive 50% off the below Dali works or select artists.

Please select your interests HERE

Thanks in advance for participating in our survey.

Here’s to your success!

Knowledge is power, and we’d like to put more power at your fingertips so you can profit in the art market.

We’re thrilled with the strong interest we’ve received from professionals just like you for our WFA Ultimate Reports & Private Placements. 

Our WFA Research Bundle is a big hit. Our customers love that in one package, they not only get every one of the 10 or more research reports, we’ll deliver this year and our monthly newsletter but also the supplemental data, archive of past reports and complete access to our online research portal. Many of the available private placement works are valued above one million dollars.

But now our clients are asking us for more.

They want access to ALL of our bundles on the fast-moving areas of art market that affect their collections, and they want it in one convenient package.

So we’ve put together something that will satisfy them.

Be sure to add us to your contact list and like us so that we may invite you to the opening of the art center on Madison Avenue. 

Regards,

Tom Sellin(212) 628-1060

JANUARY 2017 Private Placements

1) 132 framed works from a NYC insurance company for only $3,500. The collection consists of hand signed edition works, posters and original paintings. All are beautifully framed and suited for an office or home.

2) On a first come basis, our remaining Salvador Dali Pantagruel inventory will be offered at 50% off.

Dr. Alex Rosenberg has directed owners to place their collections through Wellington Fine Art.

the rare suite on permanent display in Paris

with a recent opening in Colombia at Gabriel Garcia Marquez

I have included an auction result as you requested as well as the Salvador Dali price guide front cover and Pantagruel listing.

These works primarily trade privately so there is no auction precedent. Feel free to call me if you have any questions.

Your special price is $2,500 each. The Dali Price Guide lists their value at over $7,000 EACH.

Below are images from the Salvador Dali suite titled “Les Songes Drolatiques de Pantagruel”.  These original color lithographs are hand signed by the artist and numbered.  Made in 1973, it is listed in the Albert Field Catalogue on pages 173-174, number 73-7 (A-Y).  Each lithograph measures 65 x 48 cm on 76 x 54 cm.