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  • Sotheby's To Auction Fernand Léger Painting Owned by Madonna, To Benefit The Ray of Light Foundation

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    Sotheby’s is honored to announce that it will auction a painting from the collection of legendary entertainer Madonna in its Impressionist & Modern Art Evening Sale on 7 May 2013. Proceeds from the sale of Fernand Léger’s Trois femmes à la table rouge, which is estimated at $5/7 million, will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries. “I have a great passion for art and a great passion for education. In conjunction with Sotheby’s, I would like to share these two passions. I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent. I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!” commented Madonna. The painting comes to auction for the first time in more than two decades, having remained in Madonna’s collection since she acquired it at a Sotheby’s New York sale in 1990. The work will be on view at the Hong Kong Convention and Exhibition Centre from 3 – 7 April and in London from 12 – 16 April, before returning to New York for exhibition in Sotheby’s York Avenue galleries beginning 3 May.

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    Sotheby’s to Auction Fernand Léger Painting Owned by Madonna, To Benefit the Ray of Light Foundation

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    Sotheby’s is honored to announce that it will auction a painting from the collection of legendary entertainer Madonna in its Impressionist & Modern Art Evening Sale on 7 May 2013. Proceeds from the sale of Fernand Léger’s Trois femmes à la table rouge, which is estimated at $5/7 million, will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries. “I have a great passion for art and a great passion for education. In conjunction with Sotheby’s, I would like to share these two passions. I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent. I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!” commented Madonna. The painting comes to auction for the first time in more than two decades, having remained in Madonna’s collection since she acquired it at a Sotheby’s New York sale in 1990. The work will be on view at the Hong Kong Convention and Exhibition Centre from 3 – 7 April and in London from 12 – 16 April, before returning to New York for exhibition in Sotheby’s York Avenue galleries beginning 3 May.

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    40 views3 pages

    Sotheby's To Auction Fernand Léger Painting Owned by Madonna, To Benefit The Ray of Light Foundation

    Uploaded by

    Gavel
    Sotheby’s is honored to announce that it will auction a painting from the collection of legendary entertainer Madonna in its Impressionist & Modern Art Evening Sale on 7 May 2013. Proceeds from the sale of Fernand Léger’s Trois femmes à la table rouge, which is estimated at $5/7 million, will benefit the Ray of Light Foundation to support girls’ education projects in Afghanistan, Pakistan and other countries. “I have a great passion for art and a great passion for education. In conjunction with Sotheby’s, I would like to share these two passions. I have chosen to auction this painting called “Three Women” by Fernand Léger and donate all the proceeds to support girls’ educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent. I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls’ schools. We don’t have time to be complacent. I want to trade something valuable for something invaluable – Educating Girls! Knowledge is power. Let’s change the world!” commented Madonna. The painting comes to auction for the first time in more than two decades, having remained in Madonna’s collection since she acquired it at a Sotheby’s New York sale in 1990. The work will be on view at the Hong Kong Convention and Exhibition Centre from 3 – 7 April and in London from 12 – 16 April, before returning to New York for exhibition in Sotheby’s York Avenue galleries beginning 3 May.

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    Press Release New York

    For Immediate Release

    New York | +1 212 606 7176 | Lauren Gioia | Lauren.Gioia@Sothebys.com | Darrell Rocha | Darrell.Rocha@Sothebys.com

    Sothebys to Auction Fernand Lger Painting Owned by Madonna, To Benefit the Ray of Light Foundation

    Fernand Lger Trois femmes la table rouge Estimate $5/7 million*

    A HIGHLIGHT OF THE IMPRESSIONIST & MODERN ART EVENING SALE IN NEW YORK ON 7 MAY 2013
    NEW YORK, 3 April 2013 Sothebys is honored to announce that it will auction a painting from the collection of legendary entertainer Madonna in its Impressionist & Modern Art Evening Sale on 7 May 2013. Proceeds from the sale of Fernand Lgers Trois femmes la table rouge, which is estimated at $5/7 million, will benefit the Ray of Light Foundation to support girls education projects in Afghanistan, Pakistan and other countries. In Afghanistan, just 12% of women are literate and it is estimated that only seven girls to every ten boys are able to attend school. In Pakistan, which has one of the largest populations of out-of-school children in the world, it is estimated that there are more than 3 million primary school-aged girls unable to attend school.

    I have a great passion for art and a great passion for education. In conjunction with Sothebys, I would like to share these two passions. I have chosen to auction this painting called Three Women by Fernand Lger and donate all the proceeds to support girls educational projects in Afghanistan, Pakistan and other countries where female education is rare or nonexistent. I cannot accept a world where women or girls are wounded, shot or killed for either going to school or teaching in girls schools. We dont have time to be complacent. I want to trade something valuable for something invaluable Educating Girls! Knowledge is power. Lets change the world! commented Madonna.

    The painting comes to auction for the first time in more than two decades, having remained in Madonnas collection since she acquired it at a Sothebys New York sale in 1990. The work will be on view at the Hong Kong Convention and Exhibition Centre from 3 -- 7 April and in London from 12 -- 16 April, before returning to New York for exhibition in Sothebys York Avenue galleries beginning 3 May.

    Fernand Lger painted Trois femmes la table rouge in 1921, at the height of his iconic Mechanical Elements series. The work belongs to a series depicting three women with still-life components, which the artist began in 1920. Over the subsequent two years, Lgers rendering of his female subjects became increasingly abstracted, and the present example signifies the climax of this transformation. Trois femmes la table rouge represents a unique Cubist moment for the artist, with its emphasis on strong colors and purified geometries. Other examples from this series are currently in institutions including the Dallas Museum of Art and the Beyeler Foundation in Basel, Switzerland.

    For more information about the Ray of Light Foundation, visit therayoflightfoundation.org

    FOR MORE NEWS FROM SOTHEBYS Visit: www.sothebys.com/en/inside/services/press/news/news.html Follow: www.twitter.com/sothebys Join: www.facebook.com/sothebys & www.weibo.com/sothebyshongkong Watch: www.youtube.com/sothebys Sothebys has been uniting collectors with world-class works of art since 1744. Sothebys became the first international auction house when it expanded from London to New York (1955), the first to conduct sales in Hong Kong (1973) and France (2001), and the first international fine art auction house in China (2012). Today, Sothebys presents auctions in 10 different salesrooms, including New York, London, Hong Kong and Paris, and Sothebys BidNow program allows visitors to view all auctions live online and place bids in real-time from anywhere in the world. Sothebys offers collectors the resources of Sothebys Financial Services, the worlds only full-service art financing company, as well as private sale

    opportunities in more than 70 categories, including S|2, the gallery arm of Sothebys Contemporary Art department, as well as Sothebys Diamonds and Sothebys Wine. Sothebys has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).

    *Estimates do not include buyers premium and prices achieved include the hammer price plus buyers premium.

    Images are available upon request All catalogues are available online at www.sothebys.com or through Sothebys Catalogue iPad App.

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