Warhol painting among $2.8 million Irish bad bank auction

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DUBLIN | Mon Sep 19, 2011 8:18am EDT

DUBLIN (Reuters) - Ireland's state-run "bad bank" will auction works of art by the likes of Andy Warhol and Alex Katz after it put global auction house Christies in charge of a 14-painting collection valued at up $2.8 million on Monday.

Created to purge Irish banks of their risky real estate loans, the National Asset Management Agency (NAMA) is selling helicopters and private jets as well as skyscrapers and five-star hotels to try and claw back the 31 billion euros ($42.7 billion) it has shelled out for the loans.

NAMA's chief executive said in July that the agency was getting tough on the lavish lifestyles of some of its debtors, many of whom became household names before a property crash brought Ireland's "Celtic Tiger" economy to an abrupt end.

Christie's said the collection -- which includes Warhol's "Dollar Sign" painting that it values at between $400,000 and $600,000 -- belonged to one NAMA debtor and was being offered with the debtor's co-operation.

The Irish Times newspaper reported last month that the collection was formerly owned by Derek Quinlan, an ex-tax inspector who went on to buy several of London's top hotels, including the Savoy.

NAMA has seized control of a number a buildings belonging to Quinlan who also owned part of the Citigroup Tower in London's Canary Wharf business district, which was put on the market earlier this year for more than 1 billion pounds ($1.6 billion).

A spokesman for NAMA said it would not comment on the identity of the debtor.

U.S. pop art painter Alex Katz's "Ace Airport" will go under the hammer along with Warhol's Dollar Sign in Christie's New York auction room on November 9 and is expected to fetch between $150,000 and $200,000.

Works by William Scott, Roderic O'Connor and Jack Butler Yeats -- brother of Irish author and poet W.B. Yeats -- will be auctioned in London a week later.

($1 = 0.725 Euros)

(Reporting by Padraic Halpin; editing by Anna Willard and Paul Casciato)

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Auction house gears up for week of Asian art sales

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By Chris Michaud

NEW YORK | Thu Sep 1, 2011 2:34pm EDT

NEW YORK (Reuters) - Precious jade, modern masterpieces, museum-quality furniture and rare ceramics and porcelain are among thousands of art objects on offer during Christie's Asia week sales in September.

The four days of auctions, which are estimated to take in in excess of $50 million, begin September 13 with the South Asian modern and contemporary art and the Indian and Southeast Asian art sales.

The Indian sale is led by a Maqbool Fida Husain's "Sprinkling Horses," a large oil-on-canvas painting estimated to sell for about $1 million.

The auctions conclude with a $19 million sale of rare Chinese ceramics and works of art.

In between, there will be sales of Japanese and Korean art, jade carvings, and property from the collection of Xu Hanqing, a prominent Chinese banker and government official who became known as an accomplished calligrapher.

Asian art, which officials say is a key driver in the global market, has seen strong activity in the past half-year, and the market -- and collectors' -- enthusiasm for Asian art has only grown.

Tina Zonars, Christie's international director of Chinese ceramics and works of art, said the auction house held high expectations for the series of sales featuring art from China, Japan, Korea, India, the Himalayas and South East Asia.

Its most recent Asian art week in March realized its highest total ever in New York, which she called a testament to the "remarkable strength of this market."

Christie's president of Asia, Francois Curiel, recently affirmed that its long-term strategy was to continually reinforce its presence in Asia.

Other highlights of the sales include Emperor Qianlong's Chunhua Ge Tie rubbing, two sets of boxes containing five albums each of rare ink-on-paper Chinese calligraphy, estimated to sell for about $1.2 million at the Xu Hanqing sale, which is expected to total some $7 million.

The two-day sale of Chinese ceramics and works of art is led by a Ming dynasty bronze figurine of Vairocana, expected to fetch $1 million to $1.5 million.

A large, rare white jade covered vase from the Quinlong/Jiaqing period is estimated at $750,000 to $1 million, while Kim Whanki's "Landscape in Blue," the top lot of the Korean art sale, carries a $2 million estimate.

Highlights from the sales will be on view at Christie's Rockefeller Center headquarters in New York for one week starting September 9.

Sotheby's Asian art sales are schedule for September 13-15.

(Reporting by Chris Michaud; editing by Bill Trott)

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Hepburn, Garland, Monroe movie costumes up for auction

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

By Zorianna Kit

LOS ANGELES | Fri May 27, 2011 4:42pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress from "The Wizard of Oz" and one of the pairs of ruby red slippers made for the movie, as well as Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

Her ultimate dream was to house the collection in a planned museum, but the most recent attempt fell through. Now Reynolds has decided to sell her collection rather try to find another partner.

HEART-BROKEN REYNOLDS

"I've reached such a difficult time with the economic situation," Reynolds told Reuters. "I became exhausted trying to get this done. I'm 79 now and would like a little peace and quiet."

Reynolds conceded that the June 18th auction date will be "tough" for her.

"I'm heart-broken," she said. "I don't want to see the collection broken up. It should stay intact. It's a real shame but that's the way it's going to be."

Always a collector of memorabilia, Reynolds got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

"I couldn't believe (MGM) was doing that because they had never loaned anything to anyone, ever," said Reynolds. "But all of a sudden they changed owners and decided they weren't interested in anything but the real estate. I couldn't believe they were selling all these costumes. My heart became overwhelmed in wanting to save them and save our history."

In the collection are 11 Monroe dresses, costumes from the films "Cleopatra" and "National Velvet" worn by her one-time rival Elizabeth Taylor, as well as costumes worn by Marlon Brando, Rock Hudson, Rudolph Valentino, Grace Kelly and Greta Garbo among others.

"To keep them stored another 50 years didn't make sense," said Reynolds. "I hope in the end they all find happy homes, that they will be shown, and that they might even land in museums."

(Editing by Jill Serjeant)

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

By Zorianna Kit

LOS ANGELES | Fri May 27, 2011 4:42pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress from "The Wizard of Oz" and one of the pairs of ruby red slippers made for the movie, as well as Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

Her ultimate dream was to house the collection in a planned museum, but the most recent attempt fell through. Now Reynolds has decided to sell her collection rather try to find another partner.

HEART-BROKEN REYNOLDS

"I've reached such a difficult time with the economic situation," Reynolds told Reuters. "I became exhausted trying to get this done. I'm 79 now and would like a little peace and quiet."

Reynolds conceded that the June 18th auction date will be "tough" for her.

"I'm heart-broken," she said. "I don't want to see the collection broken up. It should stay intact. It's a real shame but that's the way it's going to be."

Always a collector of memorabilia, Reynolds got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

"I couldn't believe (MGM) was doing that because they had never loaned anything to anyone, ever," said Reynolds. "But all of a sudden they changed owners and decided they weren't interested in anything but the real estate. I couldn't believe they were selling all these costumes. My heart became overwhelmed in wanting to save them and save our history."

In the collection are 11 Monroe dresses, costumes from the films "Cleopatra" and "National Velvet" worn by her one-time rival Elizabeth Taylor, as well as costumes worn by Marlon Brando, Rock Hudson, Rudolph Valentino, Grace Kelly and Greta Garbo among others.

"To keep them stored another 50 years didn't make sense," said Reynolds. "I hope in the end they all find happy homes, that they will be shown, and that they might even land in museums."

(Editing by Jill Serjeant)

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

By Zorianna Kit

LOS ANGELES | Fri May 27, 2011 4:42pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress from "The Wizard of Oz" and one of the pairs of ruby red slippers made for the movie, as well as Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

Her ultimate dream was to house the collection in a planned museum, but the most recent attempt fell through. Now Reynolds has decided to sell her collection rather try to find another partner.

HEART-BROKEN REYNOLDS

"I've reached such a difficult time with the economic situation," Reynolds told Reuters. "I became exhausted trying to get this done. I'm 79 now and would like a little peace and quiet."

Reynolds conceded that the June 18th auction date will be "tough" for her.

"I'm heart-broken," she said. "I don't want to see the collection broken up. It should stay intact. It's a real shame but that's the way it's going to be."

Always a collector of memorabilia, Reynolds got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

"I couldn't believe (MGM) was doing that because they had never loaned anything to anyone, ever," said Reynolds. "But all of a sudden they changed owners and decided they weren't interested in anything but the real estate. I couldn't believe they were selling all these costumes. My heart became overwhelmed in wanting to save them and save our history."

In the collection are 11 Monroe dresses, costumes from the films "Cleopatra" and "National Velvet" worn by her one-time rival Elizabeth Taylor, as well as costumes worn by Marlon Brando, Rock Hudson, Rudolph Valentino, Grace Kelly and Greta Garbo among others.

"To keep them stored another 50 years didn't make sense," said Reynolds. "I hope in the end they all find happy homes, that they will be shown, and that they might even land in museums."

(Editing by Jill Serjeant)

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Bali, Andes paintings soar in Latam art auction

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Photo shows, Mexican Miguel Covarrubias' 1932 oil on canvas ''Offering of Fruits for the Temple.'' Painted in Bali, the work fetched $1.02 million in Christie's Latin American sale on Thursday evening, setting a record for the artist at auction.

Credit: Reuters/Christie's/Handout

By Walker Simon

NEW YORK | Fri May 27, 2011 3:59pm EDT

NEW YORK (Reuters Life!) - A sensuous scene in Bali and Andean-inspired landscapes scored artist records at Christie's Latin American sale but demand was weak for works by Fernando Botero while prices soared for lesser-known artists.

Painted in Bali, Mexican Miguel Covarrubias' 1932 "Offering of Fruits for the Temple" fetched $1.02 million in Thursday evening's $16.64 million sale.

He was one of nine artists setting new records, some going for several times previous highs.

"We are very excited at some of the prices achieved by very important Latin American artists who haven't had the market recognition at that level," said Virgilio Garza, Christie's Latin American art chief.

Created during Covarrubias' honeymoon in Bali, the painting shows topless young women in crimson and lime green skirts. Atop their heads are triangular baskets of green fruit.

"This particular work really appeals to a very national audience and Covarrubias is known for those pictures there," said Garza, adding bids came from Indonesia.

"There is whimsy to it, a sense of humor, a joy of life."

During his life, Covarrubias won fame for caricatures of celebrities and politicians in 1930s Vanity Fair, which still sells pricey reproductions of his Greta Garbo cover.

Cuban-born Julio Larraz's 1996 painting "Bingham at Noon" set a record for the artist at auction, going for $326,500. It evokes a movie-like scene set in a desert, with a solitary figure in a dark gray suit and hat surveying a stark landscape, standing aside a light brown tent.

Record prices for South American works stemmed from the brisk bidding by Chilean, Argentine and Brazilian buyers.

Ecuadorean Oswaldo Guayasamin's 1960s oil on wood "Quito en Rojo" went for $314,500. Dominated by a pair of volcanoes, the sweeping view of Ecuador's capital is a palette of lava red, flame orange, mahogany, tea green and saffron yellow.

Peruvian Fernando de Szyszlo's "Paclla Pampa (Campo Desolado)," an abstract landscape featuring red and black, sold for $182,500.

Mexico's Rufino Tamayo, whose artist auction record for a mural tops $7 million, set a sculpture record for "Figura sideral" at $494,500.

Records included an untitled painting by Mexican Ricardo Martinez which sold for $146,500. Uruguayan Julio Alpuy's oil on canvas "Paisaje constructivista de Montevideo" fetched$110,500.

Several Botero pieces failed to sell, including "Colombian Landscape," valued by Christie's at up to $1.2 million. Bids fell short of the $800,000 low estimate.

In contrast, Sotheby's sold nearly $7.5 million of Botero's work Wednesday evening, drawing bids worldwide.

"This spring, there are a lot of Boteros out there." he said. "Even though the market for Boteros is super healthy, it can only absorb so much."

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Photo shows, Mexican Miguel Covarrubias' 1932 oil on canvas ''Offering of Fruits for the Temple.'' Painted in Bali, the work fetched $1.02 million in Christie's Latin American sale on Thursday evening, setting a record for the artist at auction.

Credit: Reuters/Christie's/Handout

By Walker Simon

NEW YORK | Fri May 27, 2011 3:59pm EDT

NEW YORK (Reuters Life!) - A sensuous scene in Bali and Andean-inspired landscapes scored artist records at Christie's Latin American sale but demand was weak for works by Fernando Botero while prices soared for lesser-known artists.

Painted in Bali, Mexican Miguel Covarrubias' 1932 "Offering of Fruits for the Temple" fetched $1.02 million in Thursday evening's $16.64 million sale.

He was one of nine artists setting new records, some going for several times previous highs.

"We are very excited at some of the prices achieved by very important Latin American artists who haven't had the market recognition at that level," said Virgilio Garza, Christie's Latin American art chief.

Created during Covarrubias' honeymoon in Bali, the painting shows topless young women in crimson and lime green skirts. Atop their heads are triangular baskets of green fruit.

"This particular work really appeals to a very national audience and Covarrubias is known for those pictures there," said Garza, adding bids came from Indonesia.

"There is whimsy to it, a sense of humor, a joy of life."

During his life, Covarrubias won fame for caricatures of celebrities and politicians in 1930s Vanity Fair, which still sells pricey reproductions of his Greta Garbo cover.

Cuban-born Julio Larraz's 1996 painting "Bingham at Noon" set a record for the artist at auction, going for $326,500. It evokes a movie-like scene set in a desert, with a solitary figure in a dark gray suit and hat surveying a stark landscape, standing aside a light brown tent.

Record prices for South American works stemmed from the brisk bidding by Chilean, Argentine and Brazilian buyers.

Ecuadorean Oswaldo Guayasamin's 1960s oil on wood "Quito en Rojo" went for $314,500. Dominated by a pair of volcanoes, the sweeping view of Ecuador's capital is a palette of lava red, flame orange, mahogany, tea green and saffron yellow.

Peruvian Fernando de Szyszlo's "Paclla Pampa (Campo Desolado)," an abstract landscape featuring red and black, sold for $182,500.

Mexico's Rufino Tamayo, whose artist auction record for a mural tops $7 million, set a sculpture record for "Figura sideral" at $494,500.

Records included an untitled painting by Mexican Ricardo Martinez which sold for $146,500. Uruguayan Julio Alpuy's oil on canvas "Paisaje constructivista de Montevideo" fetched$110,500.

Several Botero pieces failed to sell, including "Colombian Landscape," valued by Christie's at up to $1.2 million. Bids fell short of the $800,000 low estimate.

In contrast, Sotheby's sold nearly $7.5 million of Botero's work Wednesday evening, drawing bids worldwide.

"This spring, there are a lot of Boteros out there." he said. "Even though the market for Boteros is super healthy, it can only absorb so much."

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Photo shows, Mexican Miguel Covarrubias' 1932 oil on canvas ''Offering of Fruits for the Temple.'' Painted in Bali, the work fetched $1.02 million in Christie's Latin American sale on Thursday evening, setting a record for the artist at auction.

Credit: Reuters/Christie's/Handout

By Walker Simon

NEW YORK | Fri May 27, 2011 3:59pm EDT

NEW YORK (Reuters Life!) - A sensuous scene in Bali and Andean-inspired landscapes scored artist records at Christie's Latin American sale but demand was weak for works by Fernando Botero while prices soared for lesser-known artists.

Painted in Bali, Mexican Miguel Covarrubias' 1932 "Offering of Fruits for the Temple" fetched $1.02 million in Thursday evening's $16.64 million sale.

He was one of nine artists setting new records, some going for several times previous highs.

"We are very excited at some of the prices achieved by very important Latin American artists who haven't had the market recognition at that level," said Virgilio Garza, Christie's Latin American art chief.

Created during Covarrubias' honeymoon in Bali, the painting shows topless young women in crimson and lime green skirts. Atop their heads are triangular baskets of green fruit.

"This particular work really appeals to a very national audience and Covarrubias is known for those pictures there," said Garza, adding bids came from Indonesia.

"There is whimsy to it, a sense of humor, a joy of life."

During his life, Covarrubias won fame for caricatures of celebrities and politicians in 1930s Vanity Fair, which still sells pricey reproductions of his Greta Garbo cover.

Cuban-born Julio Larraz's 1996 painting "Bingham at Noon" set a record for the artist at auction, going for $326,500. It evokes a movie-like scene set in a desert, with a solitary figure in a dark gray suit and hat surveying a stark landscape, standing aside a light brown tent.

Record prices for South American works stemmed from the brisk bidding by Chilean, Argentine and Brazilian buyers.

Ecuadorean Oswaldo Guayasamin's 1960s oil on wood "Quito en Rojo" went for $314,500. Dominated by a pair of volcanoes, the sweeping view of Ecuador's capital is a palette of lava red, flame orange, mahogany, tea green and saffron yellow.

Peruvian Fernando de Szyszlo's "Paclla Pampa (Campo Desolado)," an abstract landscape featuring red and black, sold for $182,500.

Mexico's Rufino Tamayo, whose artist auction record for a mural tops $7 million, set a sculpture record for "Figura sideral" at $494,500.

Records included an untitled painting by Mexican Ricardo Martinez which sold for $146,500. Uruguayan Julio Alpuy's oil on canvas "Paisaje constructivista de Montevideo" fetched$110,500.

Several Botero pieces failed to sell, including "Colombian Landscape," valued by Christie's at up to $1.2 million. Bids fell short of the $800,000 low estimate.

In contrast, Sotheby's sold nearly $7.5 million of Botero's work Wednesday evening, drawing bids worldwide.

"This spring, there are a lot of Boteros out there." he said. "Even though the market for Boteros is super healthy, it can only absorb so much."

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Hepburn, Garland, Monroe movie costumes up for auction

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

LOS ANGELES | Thu May 26, 2011 4:20pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress and ruby red slippers from "The Wizard of Oz" and Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

She got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

Her collection was due to have been housed in a planned museum, her spokeswoman said. But the project fell through and Reynolds has decided to sell her collection.

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

(Reporting by Zorianna Kit; Editing by Jill Serjeant)

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

LOS ANGELES | Thu May 26, 2011 4:20pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress and ruby red slippers from "The Wizard of Oz" and Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

She got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

Her collection was due to have been housed in a planned museum, her spokeswoman said. But the project fell through and Reynolds has decided to sell her collection.

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

(Reporting by Zorianna Kit; Editing by Jill Serjeant)

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The ruby red slippers worn by actress Judy Garland in the film ''The Wizard of Oz'' are shown in this undated publicity photograph May 26, 2011.

Credit: Reuters/Profiles in History/Handout

LOS ANGELES | Thu May 26, 2011 4:20pm EDT

LOS ANGELES (Reuters) - Iconic movie costumes worn by Charlie Chaplin, Judy Garland and Marilyn Monroe will go up for sale in June from a collection belonging to fellow actress Debbie Reynolds, California auction house Profiles in History said on Thursday.

Monroe's subway dress from "The Seven Year Itch," Judy Garland's blue cotton dress and ruby red slippers from "The Wizard of Oz" and Charlie Chaplin's "Tramp" bowler hat are among the 3,500 items up for auction in Beverly Hills on June 18.

Barbra Streisand's sleeveless gold velvet, jeweled gown from "Hello, Dolly" -- said to be the most expensive dress ever made for a film -- will also be up for sale as will Audrey Hepburn's Ascot dress from "My Fair Lady" and Julie Andrews' costumes from "The Sound of Music."

Reynolds, 79, who starred in such films as "Singin' in the Rain" and "The Unsinkable Molly Brown," has been collecting film memorabilia for more than 50 years.

She got more serious about it when in 1970, Hollywood movie studio MGM announced it was going to auction off everything except its real estate. Reynolds, who had been under contract at MGM, purchased many items and continued to save as many pieces as she could over the years.

Her collection was due to have been housed in a planned museum, her spokeswoman said. But the project fell through and Reynolds has decided to sell her collection.

The collection will be on view to the public at the Paley Center for Media in Beverly Hills in early June before the auction on June 18.

(Reporting by Zorianna Kit; Editing by Jill Serjeant)

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Monet "Poplar" set to fetch $25 million at auction

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By Chris Michaud

NEW YORK | Fri Mar 25, 2011 11:42am EDT

NEW YORK (Reuters Life!) - A pristine Monet masterpiece from the artist's celebrated "Poplars" series will be featured at Christie's in May, when it is expected to sell for as much as $30 million, the auction house said on Friday.

"Les Peupliers," the largest from Monet's famed paintings depicting poplar trees executed during his years in Giverny, is being sold by an Asian collector who purchased it at auction in 2000 for just over $7 million.

After a precipitous decline following the financial crisis that hit in late 2008, the art market came roaring back last year with works breaking the $100 million mark, artists' records being broken and auction houses raking in cash once again.

"The appearance of this masterpiece quality work marks the first time in over a decade that a major 1890s series painting has come to auction," said Conor Jordan, Christie's head of Impressionist and modern art.

"We anticipate great enthusiasm from many collectors, dealers and museum directors who have been eager for a quintessential Monet scene such as this," Jordan added.

Prices for top-quality works by Monet have soared in recent seasons, Christie's noted. An increasingly limited supply of masterpieces, recovering markets that have freed up liquidity and increasing confidence in fine art as an investment, have all helped drive levels ever higher.

The auction record for a Monet is $80.4 million set in May 2008 by "Le Bassin aux Nympheas" from the artist's renowned Waterlilies series, which was about twice the pre-sale estimate.

The majority of the 24 works from the Poplars series hang in major art museums including London's Tate Gallery, the Philadelphia Museum of Art and Tokyo's National Museum of Art.

"Les Peupliers" will be sold in New York on May 4 after touring in Moscow and London in April.

Monet painted it during the summer of 1891 after striking a deal with a wood cutter not to cut down a stand of poplar trees on the river near his home until he could finish painting them.

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By Chris Michaud

NEW YORK | Fri Mar 25, 2011 11:42am EDT

NEW YORK (Reuters Life!) - A pristine Monet masterpiece from the artist's celebrated "Poplars" series will be featured at Christie's in May, when it is expected to sell for as much as $30 million, the auction house said on Friday.

"Les Peupliers," the largest from Monet's famed paintings depicting poplar trees executed during his years in Giverny, is being sold by an Asian collector who purchased it at auction in 2000 for just over $7 million.

After a precipitous decline following the financial crisis that hit in late 2008, the art market came roaring back last year with works breaking the $100 million mark, artists' records being broken and auction houses raking in cash once again.

"The appearance of this masterpiece quality work marks the first time in over a decade that a major 1890s series painting has come to auction," said Conor Jordan, Christie's head of Impressionist and modern art.

"We anticipate great enthusiasm from many collectors, dealers and museum directors who have been eager for a quintessential Monet scene such as this," Jordan added.

Prices for top-quality works by Monet have soared in recent seasons, Christie's noted. An increasingly limited supply of masterpieces, recovering markets that have freed up liquidity and increasing confidence in fine art as an investment, have all helped drive levels ever higher.

The auction record for a Monet is $80.4 million set in May 2008 by "Le Bassin aux Nympheas" from the artist's renowned Waterlilies series, which was about twice the pre-sale estimate.

The majority of the 24 works from the Poplars series hang in major art museums including London's Tate Gallery, the Philadelphia Museum of Art and Tokyo's National Museum of Art.

"Les Peupliers" will be sold in New York on May 4 after touring in Moscow and London in April.

Monet painted it during the summer of 1891 after striking a deal with a wood cutter not to cut down a stand of poplar trees on the river near his home until he could finish painting them.

Baloane

Monet "Poplar" set to fetch $25 million at auction

birou notarial

By Chris Michaud

NEW YORK | Fri Mar 25, 2011 11:42am EDT

NEW YORK (Reuters Life!) - A pristine Monet masterpiece from the artist's celebrated "Poplars" series will be featured at Christie's in May, when it is expected to sell for as much as $30 million, the auction house said on Friday.

"Les Peupliers," the largest from Monet's famed paintings depicting poplar trees executed during his years in Giverny, is being sold by an Asian collector who purchased it at auction in 2000 for just over $7 million.

After a precipitous decline following the financial crisis that hit in late 2008, the art market came roaring back last year with works breaking the $100 million mark, artists' records being broken and auction houses raking in cash once again.

"The appearance of this masterpiece quality work marks the first time in over a decade that a major 1890s series painting has come to auction," said Conor Jordan, Christie's head of Impressionist and modern art.

"We anticipate great enthusiasm from many collectors, dealers and museum directors who have been eager for a quintessential Monet scene such as this," Jordan added.

Prices for top-quality works by Monet have soared in recent seasons, Christie's noted. An increasingly limited supply of masterpieces, recovering markets that have freed up liquidity and increasing confidence in fine art as an investment, have all helped drive levels ever higher.

The auction record for a Monet is $80.4 million set in May 2008 by "Le Bassin aux Nympheas" from the artist's renowned Waterlilies series, which was about twice the pre-sale estimate.

The majority of the 24 works from the Poplars series hang in major art museums including London's Tate Gallery, the Philadelphia Museum of Art and Tokyo's National Museum of Art.

"Les Peupliers" will be sold in New York on May 4 after touring in Moscow and London in April.

Monet painted it during the summer of 1891 after striking a deal with a wood cutter not to cut down a stand of poplar trees on the river near his home until he could finish painting them.

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