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News
GOOD RESULTS FOR CHRISTIE'S IN NEW YORK
05 May 2011 Catégorie : MARKET
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Christie's
Impressionist & Modern Art Evening Sale on May 4, 2011 achieved
$155,995,500 (£93,597,300/€104,516,985), demonstrating the continuing appeal of
this category among collectors worldwide. Three works sold for over the US$20
million mark, and two new artist records were set for the Fauve artist Maurice
de Vlaminck and the neo-Impressionist artist Maximilien Luce. In total,
sell-through percentages were strong, with 82% sold by lot and 81% by value.
The top lot of
the sale week for any auction house was Claude Monet's Les Peupliers,
one of the most celebrated of the artist's great series of works from his years
in Giverny. Painted en plein air during the summer of 1891, the work is
the largest of the artist's paintings devoted to a picturesque arrangement of
poplar trees. Offered in pristine condition from an important private
collection, the painting sold for $22,482,500 (£13,489,500/€15,063,275) to a
private American collector. The painting was last sold at Christie's in 2000
for $7 million – a three-fold increase in value just over 10 years.
“These
results demonstrate the lasting appeal of great works in this global
marketplace. Impressionist and colorist works performed very well, as did
Modern and Surrealist works from important private collections. It was
fascinating to see this marked increase in value play out across multiple
genres during this sale, from Monet's Poplars, to the record-breaking Vlaminck
landscape, Paysage de Banlieue, which sold for $6.8 million in 1994 and
went on to achieve more than $22.5 million in our saleroom tonight,” said Marc
Porter, Chairman of Christie's Americas.
In addition to
the top-selling lots by Monet and Vlaminck, Pablo Picasso's Les femmes
d'Alger, version L, from the artist's groundbreaking 1955 series of
15 paintings, fetched $21,362,500 (£12,817,500/€14,312,875). Maintained in a
private collection for over 50 years, the painting was purchased by an
anonymous bidder.
Overall, three lots sold above $20 million,
four lots sold above $10 million, and 19 lots sold above $1 million. Buyers (by
lot / by origin) were 47% European, 36% American, 4% Asian and 13% other.
Eleven different countries were represented, with 70 clients bidding by phone.
Impressionist
and Modern Evening Sale
New York –
Wednesday, May 4, 2011
Sale no:
2437 – Top Ten
[All sold prices include buyer's premium] Sold:
|
$155,995,500
|
£93,597,300
|
€104,516,985
|
Lots Sold: 47
|
Lots Offered: 57
|
Sold by Lot: 82%
|
Sold by $: 81%
|
Exchange Rate: £ = $1.66 / € = $1.49
|
Lot
|
Description
|
Estimate ($)
|
Purchase Price
|
Buyer
|
16
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Claude
Monet (1840-1926), Les Peupliers, oil on canvas, painted in 1891
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20,000,000-30,000,000
|
$22,482,500
£13,489,500
€15,063,275
|
U.S.
Private
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25
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Maurice de
Vlaminck (1876-1958), Paysage de banlieue, oil on canvas, painted in
1905
WORLD AUCTION RECORD FOR THE ARTIST
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18,000,000- 25,000,000
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$22,482,500
£13,489,500
€15,063,275
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Acquavella LLC
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32
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Pablo Picasso (1881-1973), Les femmes d'Alger,
version L, oil on canvas, painted on 9 February 1955
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20,000,000-30,000,000
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$21,362,500
£12,817,500
€14,312,875
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Anonymous
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29
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Henri Matisse (1869-1954), La fenêtre ouverte,
oil over pencil on canvas, 1911
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8,000,00-12,000,000
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$15,762,500
£9,457,500
€10,560,875
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European Private
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9
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Pablo Picasso (1881-1973), Homme au mouton, steel
cutout with black crayon, executed in Cannes, 1961, unique
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4,000,000-6,000,000
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$7,138,500
£4,283,100
€4,782,795
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Anonymous
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22
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Pierre
Bonnard (1867-1947), Le petit déjeuner, oil on canvas, painted in 1936
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6,000,000-9,000,000
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$6,242,500
£3,745,500
€4,182,475
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U.S. Private
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55
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Fernand Léger (1881-1955), Le Compotier (Nature
morte), oil on canvas, painted in 1925
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3,500,000-4,500,000
|
$5,122,500
£3,073,500
€3,432,075
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European Private
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12
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Giorgio De Chirico (1888-1978), Ettore e
Andromaca, tempera on canvas, painted in 1923
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5,000,000-7,000,000
|
$4,786,500
£2,871,900
€3,206,955
|
Anonymous
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26
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Pablo Picasso (1881-1973), Femme assise au
chapeau, oil on canvas, painted on 1 January 1961
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3,000,000-4,000,000
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$4,338,500
£2,603,100
€2,906,795
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Trade
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21
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Maximilien Luce (1858-1941), Notre-Dame de Paris,
oil on canvas, painted in 1900
WORLD AUCTION RECORD FOR THE ARTIST
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2,000,000-3,000,000
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$4,226,500
£2,535,900
€2,831,755
|
European
Private
|
|
|
Christie's
Impressionist & Modern Art Evening Sale on May 4, 2011 achieved
$155,995,500 (£93,597,300/€104,516,985), demonstrating the continuing appeal of
this category among collectors worldwide. Three works sold for over the US$20
million mark, and two new artist records were set for the Fauve artist Maurice
de Vlaminck and the neo-Impressionist artist Maximilien Luce. In total,
sell-through percentages were strong, with 82% sold by lot and 81% by value.
The top lot of
the sale week for any auction house was Claude Monet's Les Peupliers,
one of the most celebrated of the artist's great series of works from his years
in Giverny. Painted en plein air during the summer of 1891, the work is
the largest of the artist's paintings devoted to a picturesque arrangement of
poplar trees. Offered in pristine condition from an important private
collection, the painting sold for $22,482,500 (£13,489,500/€15,063,275) to a
private American collector. The painting was last sold at Christie's in 2000
for $7 million – a three-fold increase in value just over 10 years.
“These
results demonstrate the lasting appeal of great works in this global
marketplace. Impressionist and colorist works performed very well, as did
Modern and Surrealist works from important private collections. It was
fascinating to see this marked increase in value play out across multiple
genres during this sale, from Monet's Poplars, to the record-breaking Vlaminck
landscape, Paysage de Banlieue, which sold for $6.8 million in 1994 and
went on to achieve more than $22.5 million in our saleroom tonight,” said Marc
Porter, Chairman of Christie's Americas.
In addition to
the top-selling lots by Monet and Vlaminck, Pablo Picasso's Les femmes
d'Alger, version L, from the artist's groundbreaking 1955 series of
15 paintings, fetched $21,362,500 (£12,817,500/€14,312,875). Maintained in a
private collection for over 50 years, the painting was purchased by an
anonymous bidder.
Overall, three lots sold above $20 million,
four lots sold above $10 million, and 19 lots sold above $1 million. Buyers (by
lot / by origin) were 47% European, 36% American, 4% Asian and 13% other.
Eleven different countries were represented, with 70 clients bidding by phone.
Impressionist
and Modern Evening Sale
New York –
Wednesday, May 4, 2011
Sale no:
2437 – Top Ten
[All sold prices include buyer's premium] Sold:
|
$155,995,500
|
£93,597,300
|
€104,516,985
|
Lots Sold: 47
|
Lots Offered: 57
|
Sold by Lot: 82%
|
Sold by $: 81%
|
Exchange Rate: £ = $1.66 / € = $1.49
|
Lot
|
Description
|
Estimate ($)
|
Purchase Price
|
Buyer
|
16
|
Claude
Monet (1840-1926), Les Peupliers, oil on canvas, painted in 1891
|
20,000,000-30,000,000
|
$22,482,500
£13,489,500
€15,063,275
|
U.S.
Private
|
25
|
Maurice de
Vlaminck (1876-1958), Paysage de banlieue, oil on canvas, painted in
1905
WORLD AUCTION RECORD FOR THE ARTIST
|
18,000,000- 25,000,000
|
$22,482,500
£13,489,500
€15,063,275
|
Acquavella LLC
|
32
|
Pablo Picasso (1881-1973), Les femmes d'Alger,
version L, oil on canvas, painted on 9 February 1955
|
20,000,000-30,000,000
|
$21,362,500
£12,817,500
€14,312,875
|
Anonymous
|
29
|
Henri Matisse (1869-1954), La fenêtre ouverte,
oil over pencil on canvas, 1911
|
8,000,00-12,000,000
|
$15,762,500
£9,457,500
€10,560,875
|
European Private
|
9
|
Pablo Picasso (1881-1973), Homme au mouton, steel
cutout with black crayon, executed in Cannes, 1961, unique
|
4,000,000-6,000,000
|
$7,138,500
£4,283,100
€4,782,795
|
Anonymous
|
22
|
Pierre
Bonnard (1867-1947), Le petit déjeuner, oil on canvas, painted in 1936
|
6,000,000-9,000,000
|
$6,242,500
£3,745,500
€4,182,475
|
U.S. Private
|
55
|
Fernand Léger (1881-1955), Le Compotier (Nature
morte), oil on canvas, painted in 1925
|
3,500,000-4,500,000
|
$5,122,500
£3,073,500
€3,432,075
|
European Private
|
12
|
Giorgio De Chirico (1888-1978), Ettore e
Andromaca, tempera on canvas, painted in 1923
|
5,000,000-7,000,000
|
$4,786,500
£2,871,900
€3,206,955
|
Anonymous
|
26
|
Pablo Picasso (1881-1973), Femme assise au
chapeau, oil on canvas, painted on 1 January 1961
|
3,000,000-4,000,000
|
$4,338,500
£2,603,100
€2,906,795
|
Trade
|
21
|
Maximilien Luce (1858-1941), Notre-Dame de Paris,
oil on canvas, painted in 1900
WORLD AUCTION RECORD FOR THE ARTIST
|
2,000,000-3,000,000
|
$4,226,500
£2,535,900
€2,831,755
|
European
Private
|
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