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Lot ID: 17431
René  Magritte:   Golconde
 
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Estimate
US $2,000 - $3,000
End Time
Wednesday, November 11, 2009, 12:59 PM EST
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Description
Artist: Magritte René
Title: Golconde
Style: Surrealism (ca. 1910-1940s)
Medium: Prints, Lithograph, twenty-color
Year: 1953
Print/Casting Year: ie. circa 1973
Size: height - 12.99 in, width - 18.77 in, depth - 0 in
Markings: signed, Bearing the lithographic signature of Rene Magritte on the lower right, signed in pencil by Mourlot and numbered in pencil on the lower left with the embossed seals of the Estate of Rene Magritte and Atelier Mourlot
Edition: 750
Foundry/Publisher: Mourlot
Estimate: from $2,000 to $3,000

Seller's Description:
Painted in 1953, "Golconde" was acquired by the Menil Collection in Houston, Texas in 1996.
The title "Golconde" was found by Magritte's friend, Louis Scutenaire. Golconda (in French, "Golconde"), is a ruined city in southeast India, which from the mid-fourteenth century til the end of the seventeenth century was the capital of two successive kingdoms; it became legendary as the center of the region's diamond industry, and it's name is a synonym for "mine of wealth".
The great Surrealist painter Rene Magritte continues to delight and intrigue collectors today with his delicious blend of the mysterious and the mundane. He was always interested in dreams as the inspiration for much of his imagery. Magritte has said of his work, "Everything we see hides another thing, we always want to see what is hidden by what we see, but it is impossible. Humans hide their secrets too well...."
  • Condition Report
    • Current lot doesn't have any damage.
  • History & Provenance
    • Provenance:
      Acquired from Arta Gallery. This lithograph was produced by Mourlot of Paris by a special lithographic process, issued by Arta Gallery, by agreement with the Magritte Estate.


  • Shipping Information
    • Shipping Carrier:
      FedEx, UPS
      Shipping Weight: 3 lbs
      Framing: No
      Item Location: Pennsylvania, USA
      Shipping Options:
      Artwork will be carefully wrapped and shipped in a secure tube.
  • Payment & Return Policies
    • Accepted:
      Wire transfer, Check, PayPal
      Sales Tax: Pennsylvania
      Note: There will be no charge for packing and shipping if payment is made by wire transfer or check. Checks require 14 business days to clear before the artwork is shipped.

      Seller's Return Policy:
      If you are not happy with your purchase for any reason whatsoever, you have 10 days from the time you receive your purchase to return it for a full refund, no questions asked.

      artnet Assurance Policy:
      Every artnet Online Auctions seller has been approved by artnet after a thorough review. All of our sellers are required to accept the following artnet policy: A buyer may return an item purchased through artnet Online Auctions, if the item received is not as described in its listing, or is found to be not authentic. Please see our full Return Policy for details.

Sales Results for Comparable Work

  • René Magritte
    Golconde,
    color lithograph
    6.4 in. x 5.3 in. / 16.3 cm. x 13.5 cm.
    Signed, Stamped

    ed.526/750

    Sold for US $2,280

    Leslie Hindman Auctioneers:
    Sunday, February 25, 2007, (Lot 00246)
    Fine Art

  • René Magritte
    Golconde,
    color lithograph
    16.4 in. x 13.0 in. / 41.7 cm. x 33.0 cm.
    True

    ed.58/750

    Sold for US $2,000

    Swann Galleries:
    Tuesday, March 07, 2006, (Lot 00467)
    19th & 20th Century Prints & Drawings

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René Magritte Price Development
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Prints Price Development
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    • The chart shows the annual average premium prices of lots sold within a certain collecting category, which are calculated by dividing the total sales volume of the premium prices of all lots sold by the amount of lots sold. artnet defined peer groups or artists representing certain collecting categories. To be included in artnet’s peer groups, artists need to have sold either at least 10 lots at USD 10,000 or more, or at least 40 lots at USD 5,000 or more, or at least 3 lots each year since 2006 of which at least 2 were sold over USD 5,000. Our Prints art peer group consists of 2,355 artists. For 2009, the data included in the calculations is current through the 15th of June. The charts will be updated every three months.

      *includes all Old Masters, 19th Century, Impressionist, Modern, Contemporary, American and Latin American artists who had any prints lots

      The data is culled from the artnet Price Database, which has collected auction sales results for over twenty years.

      Prices are stated in USD in order to facilitate comparison and analysis of the market reports. When sales took place in another currency, the conversion of that amount into USD was done on the basis of the average conversion rate applicable on the day of the sale.

      Although most auction houses these days report transactions in prices that include a buyer’s premium, some auction houses report only the hammer price. Based on an analysis of historical auction catalogs, we apply a formula to all records with hammer prices to estimate the effect of a buyer’s premium. All prices used in the charts are either reported in or equated to hammer price plus buyer’s premium.

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