What's Happening?
Alexander Calder's Painted Wood (1943), a monumental wooden mobile, is set to make its auction debut at Christie's with an estimated value between $15 million and $20 million. This piece is part of Calder's 'Constellation' series, which was inspired by
cosmic forms and created during the early 1940s. The mobile, which balances 11 wooden forms using wire and string, is one of the largest works from this series. The forms vary from child-like fish drawings to abstract shapes, some painted and others left bare. The piece comes from the collection of Patricia Phelps de Cisneros, who acquired it over 30 years ago. Calder's interest in cosmology dates back to the 1930s when he began creating works that evoked planetary forms and movements. Due to metal scarcity during the 1940s, Calder explored wood as a medium, leading to the creation of the 'Constellation' series.
Why It's Important?
The auction of Calder's Painted Wood is significant as it represents one of the highest estimates ever provided for a work by the artist, highlighting the enduring value and appeal of Calder's creations. The piece's historical context, being part of the 'Constellation' series, underscores Calder's innovative approach during a time of material scarcity. The sale also reflects the strong market interest in Calder's work, as evidenced by his previous auction record of $25.9 million for Poisson volant in 2014. Collectors and art enthusiasts are likely to be drawn to the piece due to its unique blend of movement and color, as well as its connection to Latin American art through its previous owner, Patricia Phelps de Cisneros.
What's Next?
The auction is scheduled for November 17 at Christie's 20th century evening sale, where Painted Wood will be a highlight. The outcome of the auction could set a new benchmark for Calder's works, influencing future valuations and interest in his art. Art collectors and investors will be closely monitoring the sale, as it may impact the broader market for mid-20th century American art. Additionally, the piece's sale could further elevate Calder's status as a pivotal figure in modern art, potentially leading to increased exhibitions and retrospectives of his work.
Beyond the Headlines
Calder's Painted Wood not only represents a significant artistic achievement but also reflects the cultural and historical shifts during the 1940s. The transition from metal to wood due to wartime constraints showcases the adaptability and resourcefulness of artists during challenging times. Furthermore, the piece's connection to Latin American art through its previous ownership highlights the cross-cultural exchanges that have enriched the art world. Calder's work continues to inspire contemporary artists and collectors, emphasizing the lasting impact of his innovative approach to sculpture.
