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THE HOUSE OF THE NOBLEMAN
CURATED BY WOLFE VON LENKIEWICZ & VICTORIA GOLEMBIOVSKAYA

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THE ART NEWSPAPER

http://www.theartnewspaper.com/articles/£6m-worth-of-Picassos-to-go-on-show-during-Frieze/21495

£6m worth of Picassos to go on show during Frieze

The exhibition, to be held in a property co-owned by a Russian billionaire, also includes works by Warhol, Hirst, Richter and Saatchi's "New Sensations"

By Gareth Harris | Web only
Published online 9 Sep 10 (News)

[Image of artwork] [Image of moving art]

Four rare works by Picasso thought to be worth over £6m and an 1875 Cézanne oil on canvas will go on sale during Frieze week next month in an ambitious exhibition to be held at a London property part owned by a Russian billionaire. The show, entitled "The House of the Noble Man" (12-20 October), will open at 2 Cornwall Terrace, an 18th-century building off Regent's Park in London near to the Frieze Art Fair site. The exhibition is curated by artist Wolfe von Lenkiewicz, whose works will feature in the display, and Russian curator Victoria Golembiovskaya. Around £20m worth of art will be for sale, approximately a third of the show, confirms Von Lenkiewicz.

According to the co-curator, the Picasso pieces on offer will include Buste d'Homme à la Pipe (1969, priced at £3m); the 1905 drawing The Family of Saltimbanques and a cubist painting, Nature Morte au Gobelet (around 1914). An 1875 oil on canvas by Cézanne, Don Quixote, is priced at £1.25m. Works by Yves Klein, Egon Schiele, Gerhard Richter, Damien Hirst and Andy Warhol will also be for sale. Von Lenkiewicz's own works will be in the £30,000-£60,000 price range.

"The Picassos etc. are from anonymous dealers who will take their portion of the percentages. Any other proceeds made during the show will go back into the funding of the exhibition which is hugely expensive despite its sponsorship [by the Russian real estate company Mirax]," adds Von Lenkiewicz. A selection of works from Charles Saatchi's "New Sensations 2010" roster of emerging artists will also be for sale. Twenty students shortlisted for the prize, which is sponsored by Cadogan Tate, have been chosen to present their work; these artists include Matthew Welch, Katie Sims and Pablo Wendel. A non-selling section will include works from the London-based Zabludowicz Collection and the holdings of the Iraqi-born industrialist Ragdan El-akabi.

"The show came about when I was in Moscow exhibiting my work at Triumph Gallery. Victoria took me to the Mirax city project, a huge development in central Moscow. She talked to Sergei Polonsky [head of Mirax] about the Cornwall Terrace buildings which he has shares in. He was willing to sponsor the show," says Von Lenkiewicz. The Mirax group are co-developers of the Cornwall Terrace historical complex, parts of which are up for sale.

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