FERNAND LEGER (1881-1955)

Lot 36
12.05.2022 20:00UTC -05:00
Classic
Starting price
$ 8 000 000
AuctioneerCHRISTIE'S
Event locationUSA, New York
Archive
The auction is completed. No bids can be placed anymore.
Archive
ID 753540
Lot 36 | FERNAND LEGER (1881-1955)
Estimate value
$ 8 000 000 – 12 000 000
FERNAND LEGER (1881-1955)Les deux acrobates signed ‘F LÉGER’ (lower right); signed again, dated and titled ‘LES ACROBATES F LÉGER 1918’ (on the reverse)oil on canvas35 1⁄8 x 22 7⁄8 in. (89.3 x 58.3 cm.)Painted in 1918 Provenance Galerie de l'Effort Moderne (Léonce Rosenberg), Paris (acquired from the artist, 11 October 1918). Galerie Paul Rosenberg, Paris and Tours (by 1927). Confiscated from the above following the Nazi occupation of France (May 1940). Restituted to Paul Rosenberg, New York (after 1945, until at least 1954). E.V. Thaw & Co., New York. Heinz Berggruen, Paris. Norman and Grete Granz, Geneva (acquired from the above, by 1970); sale, Christie’s, New York, 6 November 2002, lot 41. Acquired at the above sale by the present owner. Literature Bulletin de l’Effort Moderne, April 1927, no. 34 (illustrated). E. Tériade, Fernand Léger, Paris, 1928 (illustrated, pl. 22; titled Etude pour les acrobates). Cahiers d'Art, 1933, no. 3-4, pp. 16-17 (illustrated). D. Cooper, Fernand Léger et le nouvel espace, Geneva, 1949, p. 84 (illustrated; dated 1920). R. Füglister, "F. Léger, Akrobaten im Zirkus" in Jahresberichte der öffentlichen Kunstammlung, Basel, 1966, pp. 167-186. W. Schmalenbach, Fernand Léger, New York, 1976, p. 22, no. 18 (illustrated). G. Bauquier, Fernand Léger: Catalogue raisonné de l'oeuvre peint, 1903-1919, Paris, 1990, vol. I, p. 206, no. 113 (illustrated, p. 207). C. Derouet, Correspondances Fernand Léger–Léonce Rosenberg 1917-1937, New York, 1996, p. 42, letter 39, note 5, no. 5990, and pp. 261 and 286. Exhibited Paris, Galerie de l’Effort Moderne (Léonce Rosenberg), Fernand Léger, February 1919, no. 28. Paris, Galerie Paul Rosenberg, Léger, February 1937, no. 2. Paris, Petit Palais, Les maîtres de l'art indépendant, 1895-1937, June-October 1937, p. 102, no. 5 (dated 1919). The Art Institute of Chicago; San Francisco, Museum of Art and New York, The Museum of Modern Art, Léger, April 1953-January 1954, p. 85, no. 15. London, The Tate Gallery, Léger and Purist Paris, November 1970-January 1971, p. 98, no. 10 (illustrated on the frontispiece). Paris, Galeries nationales du Grand Palais, Fernand Léger, October 1971-January 1972, p. 9, no. 34 (illustrated, pl. XVIII). London, The Tate Gallery (on extended loan, 1990-1995). Basel, Kunstmuseum, Fernand Léger 1911-1924: Le rhythme de la vie moderne, September-November 1994, p. 245, no. 32 (illustrated in color, p. 155). Special Notice On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. This is such a lot. On occasion, Christie's has a direct financial interest in the outcome of the sale of certain lots consigned for sale. This will usually be where it has guaranteed to the Seller that whatever the outcome of the auction, the Seller will receive a minimum sale price for the work. This is known as a minimum price guarantee. Where Christie's has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie's therefore sometimes chooses to share that risk with a third party. In such cases the third party agrees prior to the auction to place an irrevocable written bid on the lot. The third party is therefore committed to bidding on the lot and, even if there are no other bids, buying the lot at the level of the written bid unless there are any higher bids. In doing so, the third party takes on all or part of the risk of the lot not being sold. If the lot is not sold, the third party may incur a loss. The third party will be remunerated in exchange for accepting this risk based on a fixed fee if the third party is the successful bidder or on the final hammer price in the event that the third party is not the successful bidder. The third party may also bid for the lot above the written bid. Where it does so, and is the successful bidder, the fixed fee for taking on the guarantee risk may be netted against the final purchase price.Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.
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