Christie's recorded a quite impressive series of 14 new world records at its May 8, 2012 sale of Post-War and Contemporary evening sale in New York, notably regarding works by Mark Rothko, Jackson Pollock, Gerhard Richter, Yves Klein and Alexander Calder.
The sale totalled 388.5 million USD (£240.9 million/ €299.1 million), marking the highest total ever in auction
Record after record fell throughout the night, as bidders from around the world convened in the saleroom to compete for the sale's exceptional roster of works by the top artists of the category, including Mark Rothko, Gerhard Richter, Jackson Pollock, Alexander Calder, Yves Klein, Richard Diebenkorn, Barnett Newman, and Willem de Kooning , among others.
Fourteen new auction records were established, as well as a new record for the most expensive Post-War and Contemporary work sold at auction. The sale was 99% sold by value and 95% sold by lot.
Mark Rothko's Orange, Red, Yellow Soared to 86.9 Million USD (£53.9 Million/ €66.9 Million) setting a New Record for Any Post-War and Contemporary Work sold at Auction
41 Works were auctioned above $1 million; 9 Works above $ 10 Million while the works from the Pincus Collection Totalled $174.9 Million, the Most Expensive collection of Post-War and Contemporary Art Ever Sold
Post-War and Contemporary Art Evening Sale
New York – Tuesday, May 8, 2012
Sale no: 2557 – Top Ten
[All sold prices include buyer's premium]
Sold: $388,488,000 £240,862,560 €299,135,760
Lots Sold: 56 Lots Offered: 59 Sold by Lot: 95% Sold by $: 99%
Mark Rothko, Orange, Red, Yellow, oil on canvas,painted in 1961 Estimate: 35-45 MILLION USD: 86,882,500 USD WORLD AUCTION RECORD FOR ANY CONTEMPORARY WORK OF ART
Yes Klein,Yves Klein, FC1 (Fire Color 1), dry pigments and synthetic resin on panel with artist's frame executed in 1962, Estimate: 30-40 Million USD:36,482,500 USD WORLD AUCTION RECORD FOR THE ARTIST
Jackson Pollock, Number 28, 1951, oil on canvas, Estimate 20-30 Million USD:23,042,500 USD WORLD AUCTION RECORD FOR THE ARTIST
Barnett Newman, Onement V, oil on canvas, painted in 1952 Estimate: 10-15 Million USD: 22,482,500 USD. WORLD AUCTION RECORD FOR THE ARTIST
Gerhard Richter, Abstraktes Bild (798 -3), oil on canvas painted in 1993. Estimate 14-18 Million USD: 21,810,500 USD. WORLD AUCTION RECORD FOR THE ARTIST
Gerhard Richter, Seestüeck (Leicht bewöelkt), oil on canvas painted in 1969. Estimate 10-15 Million USD:19,346,500 USD
Alexander Calder, Lily of Force, standing mobile, painted sheet metal, rod and wire, executed in 1945. Estimate 8-12 Million USD: 18,562,500 USD WORLD RECORD FOR THE ARTIST
Willem de Kooning, Untitled I, oil on canvas, painted in 1980. Estimate 8-12 Million USD: 14,082,500 USD
Alexander Calder, Snow Flurry, hanging mobile, painted sheet metal and wire executed circa 1948. Estimate 3,5-4,5 Million USD: 10,386,500 USD
Clyfford Still, Untitled (PH-786, 1955-R), oil on canvas painted in 1955. Estimate 5-7 Million USD: 8,594,500 USD
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