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CHRISTIE'S JUNE 27, 2012 EVENING SALE OF POST-WAR AN CONTEMPORARY ART TOTAL OVER 132 MILLION GBP
28 June 2012
Catégorie : MARKET

Christie's Post-War    &    Contemporary  Art Evening    Auction held on June 27, 2012 in London totalled  £132,819,400     ($207,331,083   / €165,891,431),  selling  98%   by   value   and  87%   by   lot.  This   is   the  highest   total   for  any   auction   of   Post-War   & Contemporary   Art in  Europe.  

The   top   lot   of  the sale   was Yves  Klein's “Le Rose  du bleu  (RE  22)”, which sold for £23,561,250  ($36,779,111  / €29,428,001;  a world   record  price  for   any   French  post-war  artist   at auction. In total, 4 lots sold above £10 million / 21 lots sold above £1 million and record prices were established for David Altmejd, Jean -Michel Basquiat “Untitled, 1981” (12,921,250 GBP), Marcel Broodthaers, Yves Klein and Beatriz Milhazes.

Totalling more than £132.8 million, at the foundation of the auction's success were five masterworks by Yves Klein, Francis Bacon, Jean-Michel Basquiat and Gerhard Richter's “Struktur” (2) (1989) (12,697,250 GBP). The price (21,545,250 GBP) for the Bacon was particularly satisfactory following the discovery that this self-portrait carries the body of Lucian Freud.

Another Yves Klein's work, “Relief Eponge” went for 7,657,250 GBP while Alexander Calder's “Rouge Triomphant”, 1959-1963) sold for 6,201, 250 GBP.

Lucian Freud's “Naked Portrait II” (circa 1974) fetched 4,297,250 GBP, Roy Lichtenstein's “Reflections on Jessica” went for 4,017,250 GBP, Lucian Freud's “Head of a Greek Man” (1946) more than doubled its low estimate at 3,401,250 GBP and Lucio Fontana's “Concetto Spaziale, Attese", 1963-64) sold for 2,729,250 GBP.
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