CHRISTIE’S MARKET LEADERSHIP BUOYED BY STRONG GLOBAL DEMAND FOR
AMERICAN PRIVATE COLLECTIONS
12 LOTS SOLD ABOVE $20 MILLION, INCLUDING CÉZANNE, VAN GOGH,
PICASSO, MONET, MODIGLIANI, RAUSCHENBERG AND WARHOL
RECORD PRICES OF $91.1 MILLION FOR JEFF KOONS ‘RABBIT’ AND $32
MILLION FOR LOUISE BOURGEOIS ‘SPIDER’ REDEFINE THE MARKET FOR
CONTEMPORARY SCULPTURE
GLOBAL PARTICIPATION WITH REGISTERED BIDDERS FROM 70 COUNTRIES
NEW YORK–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/20thCenturyWeek?src=hash” target=”_blank”gt;#20thCenturyWeeklt;/agt;–Christie’s spring auction series achieved a total of $1,072,596,250
across 20th Century Week, highlighted by a series of world
auction records in the Impressionist and Modern Art and Post-War and
Contemporary Art Sales. Global clients participated in 2 Evening Sales,
4 Day Sale sessions and 1 online-only sale of Picasso Ceramics, while
16,000 visitors attended the exhibition at Christie’s New York galleries.
This season, Christie’s sales featured significant artworks from
important private American collections, creating singular collecting
opportunities for masterpieces not seen on the market in decades. The
exceptional quality drove global client interest with significant
activity from American and Asian buyers throughout the sales. On Monday,
Paul Cézanne’s Bouilloire et fruits realized $59,295,000 as
the top lot of Christie’s Impressionist and Modern Art Evening Sale and
was purchased by an Asian buyer. On Wednesday, multiple bidders chased
Jeff Koons’s Rabbit to $91,075,000, setting a new auction record
price for any living artist.
Concurrent sales at Christie’s Geneva this week totaled an additional
CHF 77,203,607 ($77,203,607 / € 67,939,174) with a combined sell-through
rate of 89%.
Christie’s sales continue in Hong
Kong from 24-29 May including the 20th
Century & Contemporary Art Evening Sale on 25 May.
World Auction Records
Post-War and Contemporary Art Evening Sale
Record
for Living Artist Jeff Koons, Rabbit, $91,075,000
Record
for the Artist and 2nd Highest Price at Auction for a Female Artist: Louise
Bourgeois, Spider, $32,055,000
Record for the Artist: Robert
Rauschenberg, Buffalo II, $88,805,000
Record for the
Artist: Frank Stella, Point of Pines, $28,082,500
Record
for the Artist: Larry Rivers, The Last Civil War Veteran,
$1,215,000
Record for the Artist: Jonas Wood, Japanese
Garden 3, $4,928,500
Record for the Artist: Daniel
Buren, Peinture aux formes indéfinies, $2,175,000
Record
for the Artist in the Medium: Bruce Nauman, From Hand to Mouth,
$1,575,000
Impressionist and Modern Art Evening Sale
Record
for Artist: Balthus, Thérèse sur une banquette, $19,002,500
Record
for the Artist: Pierre Bonnard, La Terrasse ou Une terrasse à
Grasse, $19,570,000
Post-War and Contemporary Art Afternoon Session
Record
for the Artist: Amy Sherald, Innocent You, Innocent Me,
$350,000
Record for the Artist: Stanley Whitney, Lush Life,
$362,500
Record for the Artist: Mickalene Thomas, Just a
Whisper Away, $495,000
Record for the Artist: Shio
Kusaka, (carved 39), $52,500
Record for the Artist:
Brian Calvin, Slow Burn, $87,500
Record for the Artist:
Margaret Kilgallen, Untitled (Salt, Sweet, CH, Wheet), $447,000
Post-War and Contemporary Art Morning Session
Record
for the Artist: Mary Bauermeister, Alutable, $350,000
Record
for the Artist: Esteban Vicente, Untitled, $175,000
Record
for Andy Warhol Marilyn Monroe Prints: Andy Warhol, set of 10,
$3,855,000
Collections | 20th Century Week was highlighted by
world-class collections including works from the S.I. Newhouse
Collection , Robert B. and Beatrice C. Mayer Family Collection, Dorothy
and Richard Sherwood Collection, Collection of H.S.H. Princess “Titi”
von Furstenberg, and Collection of Drue Heinz. Further examples from
Heinz will be presented in The
Collection of Drue Heinz Townhouses in London and New York on 4 June
and in the Modern British Art Evening Sale on 17 June.
|
Collections by Numbers |
|||
|
$216,287,500 |
|||
|
Robert B. and Beatrice C. Mayer Family Collection |
$174,485,000 | ||
|
Collection of Drue Heinz |
$81,683,000 | ||
|
Dorothy and Richard Sherwood Collection |
$30,645,375 | ||
|
Collection of H.S.H. Princess “Titi” von Furstenberg |
$52,740,750 | ||
|
Norman and Grete Granz |
$5,694,000 | ||
|
20th Century Week Sales by Numbers |
|||||||||||||||||
| Sale | % By Lot |
% By |
$ | £ | € | ||||||||||||
| Impressionist & Modern Art Evening Sale | 86% | 96% | $399,041,000 | £306,954,615 | €354,839,535 | ||||||||||||
| Impressionist & Modern Art Day Sale | 72% | 79% | $27,182,500 | £21,022,815 | €24,155,214 | ||||||||||||
| Impressionist & Modern Works on Paper Sale | 83% | 86% | $12,847,375 | £9,936,098 | €11,416,577 | ||||||||||||
| Picasso Ceramics | 100% | 100% | $1,575,500 | £1,210,992 | €1,210,992 | ||||||||||||
| Post-War & Contemporary Art Evening Sale | 91% | 95% | $538,971,750 | £418,131,691 | €480,433,313 | ||||||||||||
| Post-War & Contemporary Art Morning Sale | 82% | 89% | $56,231,750 | £43,828,332 | €50,095,783 | ||||||||||||
| Post-War & Contemporary Art Afternoon Sale | 84% | 89% | $36,746,375 | £28,640,978 | € 32,736,635 | ||||||||||||
| Totals | 83% | $1,072,596,250 | £829,725,521 | €954,888,049 | |||||||||||||
| Post-War and Contemporary Art Total | $631,949,875 | £490,601,000 | €563,265,731 | ||||||||||||||
| Impressionist and Modern Art Total | $440,646,375 | £339,124,520 | €391,622,318 | ||||||||||||||
For additional insight into Christie’s 20th
Century Week view our online reports: Post-War
and Contemporary Art and Impressionist
and Modern Art.
Contacts
PRESS CONTACT: Andrew Nodell | 212 484 4815 | [email protected]
