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Phillips to auction Modigliani sculpture with estimate of up to $35 million

Phillips to auction Modigliani sculpture with estimate of up to $35 million

Phillips will auction Modigliani’s sculpture Tête in New York in November with an estimate of $28 million to $35 million.

The limestone head, made in 1911–12, has a slender face, a long nose and a small smile.

The sculpture is returning to the market after nearly 50 years in one private collection, though Phillips has not named its previous owner.

Modigliani is thought to have made about 28 sculptures, and 26 are known to survive.

A sale could make Tête one of his most expensive sculptures sold at auction, but it is unlikely to surpass the $52.8 million record set by another stone head in 2010.

Recent strong sales of Modigliani’s work in Paris and London may help attract buyers.

The auction will show whether that market interest continues when the sculpture goes on sale in November.

What people are saying

Jeremiah EvartsPhillips deputy chairman of the Americas and senior international specialist
Fresh to the market after almost half a century in the same important private collection, Tête embodies everything that makes Modigliani’s sculpture so revered, including its profound art historical importance.
via ARTnews

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