PARIS–Arshile Gorky’s 1942 work Pirate I sold for 1,949,969 euros during the first day of a three day auction in Paris on October 5. The estimated price of the work was 1.4-1.6 million euros–the highest estimated price for any single item in the sale. Pirate I was part of the massive private collection of New York art dealer Julien Levy–in whose gallery Gorky had a number of shows in the 1940s.
Also in that collection was Gorky’s 1946 work Sans Titre–estimated at 50-60,000 euros–which sold for 98,672 euros.
Gorky’s 1942 piece Pirate II–estimated at 1,100,000-1,300,000 euros–was purchased for 1,149,500 euros during session two of the auction.
Among the more than 800 paintings and drawings on the auction bloc were four paintings and eleven drawings by Gorky–a few of which are barely known to the public.
The auction sale by Franois Tajan–who is among the most famous of Paris auctioneers–included works by Hans Arp–Dali–Toulouse-Lautrec–Marcel Duchamp–Max Ernest–Fini–Lichtenstein–Magritte–Man Ray–Matta–Naguchi–and Tanguy.