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News
CHRISTIE'S BUOYANT OVER SALES OF POST-WAR AND CONTEMPORARY ART
17 May 2013
Catégorie : MARKET
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Christie's Post-War and Contemporary Art department set a new benchmark for the art market, raising a staggering total of $638,615,900 (£420,248,526/ EUR497,974,951) and setting 37 new records during its victorious sale week in New York between May 13 and 16, 2013.
"We are thrilled to announce an unprecedented overall total of $638.6 million for this week's Post-War and Contemporary Art sale series. The remarkable bidding and record prices throughout the four sales reflect a new era in the art market, wherein seasoned collectors and new bidders compete at the highest level within a global market", noted Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.
Beginning the week was The 11th Hour Auction on May 13th, which proved to be the biggest wildlife charity auction ever staged as it raised $38,827,000 (£25,237,550 / EUR30,285,060) and set several new auction records. The triumphant Evening sale on May 15th raised an unmatched $495,021,500 (£326,714,190/ EUR386,116,770), the highest total in auction history, setting an astonishing 16 new auction records for the foremost artists of the last six decades, with 3 works sold above $40 million, 9 above $10 million and 23 above $5 million.
The Day Sales on May 16th demonstrated notable successors, setting new records for established and emerging artists alike as bidders competed for an incredible array—from the New York School to cutting-edge contemporary—selected from important private collections. In fact, the role of provenance remained as important as ever throughout the Evening and Day sales, as property from the Estate of Andy Williams and the Collection of Celeste and Armand Bartos drew $53,114,750 and $33,761,125 respectively.
TOTAL WITH PREMIUM The 11th Hour Auction 13 May $38,827,000, 100% lots 100% in value Evening sale 15 May $495,021,500, 94% lots, 94% in value Morning sale 16 May $64,364,125, 79%, 81% Afternoon sale 16 May $40,403,275, 76% lots, 88% in value ARTISTS' WORLD AUCTION RECORDS (The 11th Hour Auction, Evening & Day Sales)
$58,363,750 Jackson Pollock, Number 19, 1948 $56,123,750 Roy Lichtenstein, Woman with Flowered Hat $48,843,750 Jean-Michel Basquiat, Dustheads $25,883,750 Philip Guston, To Fellini $14,123,750 Piero Manzoni Achrome $6,510,000 Mark Grotjahn, Untitled (Standard Lotus No. II, Bird of Paradise, Tiger Mouth Face 44.01) $4,827,750 Joseph Cornell, Magic Soap Bubble Set $4,827,750 Hans Hofmann, Beatae Memoriae $4,603,750 Julie Mehretu, Retopistics - A Renegade Excavation $4,267,750 Richard Serra, L.A. Cone $2,699,750 Luc Tuymans, Rumour $2,139,750 Kenneth Noland, Circle $1,785,000 Bharti Kher, The Skin Speaks A Language Not Its Own $1,785,000 Sterling Ruby SP231 $1,575,000 Raymond Pettibon, No Title (The Lower Half...) $1,575,000 Robert Longo, Untitled (Leo) $1,443,750 Ruth Asawa, Untitled (S.108 Hanging, Six-Lobed, Multi-Layered Continuous Form…) $1,179,750 El Anatsui, Another Plot $1,050,000 Elizabeth Peyton, Leonardo, February 2013 $987,750 Ellen Gallagher, DeLuxe $714,000 Dan Colen, To be titled $714,000 Mark Ryden, Queen Bee $682,500 Joe Bradley, Muggles $603,750 Michaël Borremans, Hornet $447,750 Jaume Plensa, Alegria I $315,000 Carol Bove, Untitled $262,500 Sergej Jensen, Untitled $327,750 Bob Thompson, Cathedral $315,000 Adam McEwen, Untitled $315,000 Rob Pruitt, 6:20pm, late Summer $315,750 Ken Price, Percival $99,750 Theaster Gates, Work Chair NEW ARTISTS RECORD BY MEDIUM (The 11th Hour Auction, Evening & Day Sales) $7,739,750 Cy Twombly, Untitled (Rome) (sculpture) $5,723,750 Jean-Michel Basquiat, Furious Man (work on paper) $1,443,750 Bruce Nauman, Marching Figure (work on paper) $1,203,750 Urs Fischer, Pinky (painting) $1,203,750 Christopher Wool, Untitled (work on paper)
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Christie's Post-War and Contemporary Art department set a new benchmark for the art market, raising a staggering total of $638,615,900 (£420,248,526/ EUR497,974,951) and setting 37 new records during its victorious sale week in New York between May 13 and 16, 2013.
"We are thrilled to announce an unprecedented overall total of $638.6 million for this week's Post-War and Contemporary Art sale series. The remarkable bidding and record prices throughout the four sales reflect a new era in the art market, wherein seasoned collectors and new bidders compete at the highest level within a global market", noted Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.
Beginning the week was The 11th Hour Auction on May 13th, which proved to be the biggest wildlife charity auction ever staged as it raised $38,827,000 (£25,237,550 / EUR30,285,060) and set several new auction records. The triumphant Evening sale on May 15th raised an unmatched $495,021,500 (£326,714,190/ EUR386,116,770), the highest total in auction history, setting an astonishing 16 new auction records for the foremost artists of the last six decades, with 3 works sold above $40 million, 9 above $10 million and 23 above $5 million.
The Day Sales on May 16th demonstrated notable successors, setting new records for established and emerging artists alike as bidders competed for an incredible array—from the New York School to cutting-edge contemporary—selected from important private collections. In fact, the role of provenance remained as important as ever throughout the Evening and Day sales, as property from the Estate of Andy Williams and the Collection of Celeste and Armand Bartos drew $53,114,750 and $33,761,125 respectively.
TOTAL WITH PREMIUM The 11th Hour Auction 13 May $38,827,000, 100% lots 100% in value Evening sale 15 May $495,021,500, 94% lots, 94% in value Morning sale 16 May $64,364,125, 79%, 81% Afternoon sale 16 May $40,403,275, 76% lots, 88% in value ARTISTS' WORLD AUCTION RECORDS (The 11th Hour Auction, Evening & Day Sales)
$58,363,750 Jackson Pollock, Number 19, 1948 $56,123,750 Roy Lichtenstein, Woman with Flowered Hat $48,843,750 Jean-Michel Basquiat, Dustheads $25,883,750 Philip Guston, To Fellini $14,123,750 Piero Manzoni Achrome $6,510,000 Mark Grotjahn, Untitled (Standard Lotus No. II, Bird of Paradise, Tiger Mouth Face 44.01) $4,827,750 Joseph Cornell, Magic Soap Bubble Set $4,827,750 Hans Hofmann, Beatae Memoriae $4,603,750 Julie Mehretu, Retopistics - A Renegade Excavation $4,267,750 Richard Serra, L.A. Cone $2,699,750 Luc Tuymans, Rumour $2,139,750 Kenneth Noland, Circle $1,785,000 Bharti Kher, The Skin Speaks A Language Not Its Own $1,785,000 Sterling Ruby SP231 $1,575,000 Raymond Pettibon, No Title (The Lower Half...) $1,575,000 Robert Longo, Untitled (Leo) $1,443,750 Ruth Asawa, Untitled (S.108 Hanging, Six-Lobed, Multi-Layered Continuous Form…) $1,179,750 El Anatsui, Another Plot $1,050,000 Elizabeth Peyton, Leonardo, February 2013 $987,750 Ellen Gallagher, DeLuxe $714,000 Dan Colen, To be titled $714,000 Mark Ryden, Queen Bee $682,500 Joe Bradley, Muggles $603,750 Michaël Borremans, Hornet $447,750 Jaume Plensa, Alegria I $315,000 Carol Bove, Untitled $262,500 Sergej Jensen, Untitled $327,750 Bob Thompson, Cathedral $315,000 Adam McEwen, Untitled $315,000 Rob Pruitt, 6:20pm, late Summer $315,750 Ken Price, Percival $99,750 Theaster Gates, Work Chair NEW ARTISTS RECORD BY MEDIUM (The 11th Hour Auction, Evening & Day Sales) $7,739,750 Cy Twombly, Untitled (Rome) (sculpture) $5,723,750 Jean-Michel Basquiat, Furious Man (work on paper) $1,443,750 Bruce Nauman, Marching Figure (work on paper) $1,203,750 Urs Fischer, Pinky (painting) $1,203,750 Christopher Wool, Untitled (work on paper)
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