Helmut Newton is a Wise Investment - artmarketblog.com A new auction record was set for photographer Helmut Newton at a Christie’s auction on the the 16th of December when the work “Sie Kommen, (Naked and Dressed)” sold for $ $662,500
News-Antique.com - Jan 20,2009 - A new auction record was set for photographer Helmut Newton at a Christie’s auction on the the 16th of December when the work “Sie Kommen, (Naked and Dressed)” sold for $ $662,500 (including buyers premium) against an estimate of US$400,000-600,000. The details of the record setting work as as follows:
HELMUT NEWTON (1920-2004)
Sie Kommen, Paris (Naked and Dressed), Vogue Studios, 1981
4 panel gelatin silver print, flush-mounted
each signed, titled, dated, numbered ‘ea II/III’, annotated ‘from the Venice Biennal Plazo Grassi, 1995′ in ink on label affixed (on the reverse of the flush-mount); one with Biennal label affixed (on the frame backing)
each 76 x 38¾in. (193 x 98.5cm.) (2)
Newton is one of the most influential fashion photographers of all time and one of the most influential photographers of the 20th century. The fact that a new auction record was set for Newton during such a difficult time for the art market is testament to the desirability of Newton’s work and the influence he had on the history of fine art photography. Not all of Newton’s photographs are as expensive as his new auction record suggests. Works produced in larger editions such as the work “Cyberwoman 7″ are available for under USD$10,000. On the 11th of December a print of “Cyberwoman 7″ was sold at Heritage Auction Galleries for USD$5500 (hammer price) against an estimate of USD$4000-6000.
HELMUT NEWTON (Australian, 1920-2004)
Paper: 16 x 12 inches (40.6 x 30.5 cm)
Image: 13 x 10 inches (33.0 x 24.5 cm)
Verso: stamped and edition 144/500 in ink
State: matted, framed, glazed
Once again the great price achieved for “Cyberwoman 7″ shows how highly regarded the artist’s work is. Interestingly, while searching the net to see whether there were any works available by Newton that were good value I came across another print of “Cyberwoman 7″ available for sale at Eyestorm for GBP 2,500. Considering that the print of “Cyberwoman 7″ that sold at Heritage Auctions went for GBP 3,691, GBP 2,500 for the same work seems like a pretty good deal. With the market for Newton’s work showing such strength at a time of general market distress the future for the price of Newton’s work seems very positive. An investment in Newton at the current time would be a very wise decision indeed. You can check out “Cyberwoman 7″ and other Newton works for sale at Eyestorm here:
**Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.