Art Basel | Miami - Auctions Press Release

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FINE ART AUCTIONS MIAMI ANNOUNCES TWO MAJOR AUCTIONS DURING ART BASEL Important Paintings, Sculptures Exceptional Jewels

MIAMI, FL – Since 2011 Fine Art Auctions Miami has hosted the only major auction held during Art Basel Miami Beach. During Art Basel Miami Beach 2014, FAAM will host two major auctions including a ‘Exceptional Jewels” auction on December 2nd and FAAM’s annual ‘Important Paintings and Sculptures’ auction on December 4th. Both auctions will reel in the most respected collectors in the industry. FAAM’s Founder and Director Frédéric Thut continues to surprise his clients year after year with the highest quality lots during FAAM’s Art Basel auction.

“We’ve seen incredible growth in the art world in Miami over the past years and are excited to hold our fourth Art Basel auction,” says FAAM Founder and Director Frédéric Thut. “This year we’re looking forward to auctioning the greatest pieces from our sellers’ collections”

Important Paintings and Sculptures auction highlights include: Pablo Picasso, The Painter and the model, 1965 (Estimate: $2,500,000 - $3,000,000) Henri Matisse, Il Platano, 1951 (Estimate: $400,000 - $600,000) Sergio Camargo, Pair of Reliefs, 1965 (Estimate: $400,000 - $600,000) Wilfredo Lam, Composition, 1970 (Estimate: TBD) Robert Matta, Le Progess Espirituel, 1971 (Estimate: TBD) Joaquin Torres-Garcias, Ritmo de Cuidad, 1917 (Estimate: $150,000 - $200,000) Zhan Wang, artificial Rock, 2011 (Estimate: $120,000 - $150,000)

The ‘Exception Jewels’ auction on December 2nd, FAAM will feature over 50 pieces. Vintage and contemporary jewelry from renowned houses will be on display from Cartier, Van Cleef & Arpels, Bulgari, Faberge, Tiffany & Co., among others. 350 NW 29th St. Miami, FLORIDA 33127 Tel. (1) 305 573 4228 www.faamiami.com - info@faamiami.com


In 2013, FAAM’s Art Basel sales reached over $4 million in sales, and featured artists including Impressionist and Modern masters Claude Monet and Pierre-Auguste Renoir, Andy Warhol and Keith Haring; as well as some record-breaking sale prices for world renowned artists Vik Muniz and Carlos Cruz-Diez.

During the December 2012 Art Basel sale, amidst major art fairs and exhibitions, FAAM sold a historical portrait of Oskar Gruzenbeg and his wife Roza, painted by Russian artist Valentin Aleksandrovich Serov which was unallocated for 90 years. The portrait sold for a staggering $4,673,500. This price came as a wonderful surprise when compared to its estimate at $150,000 to $200,000 after an incredible battle between Russian billionaires. The 68 lots in this auction totaled $20,288,660.

Art Basel Schedule: Beginning Friday, November 28, 2014 - Auction previews open daily from 10am - 5pm Saturday, November 29, 2014 - Exclusive Preview Event December 2, 2014 – Exceptional Jewels Auction 

5:30pm, Design District at 80 NE 40th Street Miami FL 33137

December 4, 2014 - Important Paintings and Sculptures Auction 

5:30pm, Design District at 80 NE 40th Street Miami FL 33137

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

Click Here for Lot Images - 2014 Auctions Completed catalogues will be available at www.faamiami.com

350 NW 29th St. Miami, FLORIDA 33127 Tel. (1) 305 573 4228 www.faamiami.com - info@faamiami.com


ABOUT FINE ART AUCTIONS MIAMI Fine Art Auctions Miami (FAAM) seeks to enrich and energize the ever-growing fine art market in Miami. As South Florida’s premier auction house, FAAM provides the sale, acquisition and valuation of artwork focusing on fine art, contemporary art and sculpture. Established by Frederic Thut in 2011, FAAM specializes in important Russian, Impressionist, modern and contemporary works with exceptional, informative presentation and dependable results. With offices around the globe from Paris, New York and Miami, FAAM has captured the attention of distinguished collectors through eight annual auctions.

Fine Art Auctions Miami is located at 350 NW 29th St, Miami, FL 33127; (305) 573-4228

Media Contact Carma Public Relations & Marketing 305.438.9200 Ashley Jimenez/ Ashley@carmapr.com 350 NW 29th St. Miami, FLORIDA 33127 Tel. (1) 305 573 4228 www.faamiami.com - info@faamiami.com


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