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CHRISTIE'S SALE OF IMPRESSIONIST & MODERN ART REALIZES OVER158 MILLION USD IN NEW YORK
13 May 2013
Catégorie : MARKET

Christie's sale of I m p r e s s i o n i s t & M o d e r n  art  held in New York on May 8, 2013 totalled 158,505,000 (inclusive of buyers' costs) with a world auction price of 18,043, 750 USD  recorded for Chaïm Soutine's “Le Petit  Pâtissier” painted circa 1927.

44 of the 47 lots offered for sale were sold, notably Marc Chagall's “Three Acrobats” which was hammered at 13 million USD against a high pre-sale estimate of 9 million.

Egon Schiele's  painting of 1913 titled "Selbstbildnis mit Modell (Fragment)", fetched 11,3 million USD against a high estimate of 7 million while Joan Miro's “Peinture” painted on April 29, 1933 sold for 10,987,750 USD under its estimate.

Pablo Picasso's “Mandoline et Portée de musique”, an oil and sand work on canvas executed in 1923  fetched 9,19 million USD, just at its low estimate and the Spanish artist's “Femme assise en costume rouge sur fond bleu” painted on March 6, 1953 went for 8,523,750 USD, just over its low estimate, however a good score considering it was bought for a mere 662,500 USD in 1995.

Picasso's pastel and charcoal work titled  “Homme et Femme” drawn on April 8, 1921 sold for 6,283,750 USD over its low estimate and Amedeo Modigliani's painting “La Juive” executed circa 1907-1908 fetched 6,843,750 USD against a high estimate of 3 million USD.

Two paintings by Claude Monet titled “Argenteuil, fin d'après-midi” and “Chemin” painted in 1872 and 1885 sold respectively for 6,059,750 USD and 5,163,750 USD.

Overall, Christie's fared somewhat fairly but under their expectations.
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