The May 6 2008 evening's sale of Impressionist and Modern Art at Christie's New York totalled $277,276,000/£140,749,239/€178,887,742, Christie's third highest result ever for the category.The auction featured particularly strong results for both 19th and 20th century paintings and sculpture created by some of the leading masters of art history. The sale was 82% sold by value, 76% sold by lot.
"We saw very strong prices in many areas this evening as the global market responded positively, and we are pleased with the overall result for the sale. Christie's set new auction records for major masters, and it was particularly gratifying to note sculpture continued its ascent in the marketplace, and now commands prices equivalent to great pictures," said Marc Porter, President of Christie's Americas.
A new world auction record was set for a rare and luminous Claude Monet masterpiece of high Impressionist style from 1873 when Pont du chemin de fer à Argenteuil sold for $41.48 million.One of the greatest Impressionist pictures left in private hands, it contained all the trademark themes of Monet's earlywork of the 1870s. The auction also featured Nymphéas, a 1908 canvas that dates to Monet's most creative and productive period of his late career that sold for $11,689,000.
Sculpture had an exceptional evening at Christie's with two of the greatest masters of the period setting new auction records, one conceived in the 1880s, the other cast in the 1960s. Eve, grand modèle-version sans rocher by Auguste Rodin marks one of the great turning points in modern sculpture and was initially conceived in the 1880s for The Gates of Hell and sold for $18,969,000, doubling the previous record for this revolutionary sculptor.The celebrated modern master AlbertoGiacometti also had a superlative night, with the monumental nine-foot high bronze Grande femme debout II,1959/60 realizing $27,481,000, smashing the previous record for this legendary 20th century artist by $9 million.Executed in response to a commission for the new Chase Manhattan Bank headquarters and public plaza in New York.The sale featured an impressive group of Giacometti sculptures and paintings to appear at auction since Christie's sale of the Lambert Collection in 1987, with five lots all selling for a total of $49.2 million.
Elsewhere in the sale, a new world auction record was set for Joan Miró when La Caresse des étoiles realized $17.1 million.Miró painted the work in 1938 during theSpanish Civil War and although appalled by the war, he filled it with elements conveying hope and optimism.
Buyers were 52% European, 32% American, 2% Asian, 2% Latin America and 12% others.
Impressionist and ModernArt Evening Sale
New York – Tuesday, May 6, 2008
Sale no: 1994 Top Ten
[All sold prices include buyer's premium]
Sold:
$277,276,000
£140,749,239
€178,887,742
Lots Sold: 44
Lots Offered: 58
Sold by Lot: 76%
Sold by $:82%
Exchange Rate: £ = $1.97/€ = $1.55
Lot
Description
Estimate ($)
Purchase Price
Buyer
21
Claude Monet, Le Pont du chemin de fer à Argenteuil oil on canvas, 1873
NEW AUCTION RECORD FOR THE ARTIST
Estimate On Request
$41,481,000
£21,056,345
€26,761,935
Anonymous
36
Alberto Giacometti, Grande femme debout II, bronze with dark brown patina, cast in 1960
NEW AUCTION RECORD FOR THE ARTIST.
Estimate On Request
$27,481,000
£13,949,746
€17,729,677
Gagosian Gallery
6
Henri Matisse, Portrait au manteau bleu, oil on canvas, 1935
Estimate On Request
$22,441,000
£11,391,371
€14,478,065
U.S Trade
15
Auguste Rodin, Eve, grand modèle-version sans rocher bronze with brown patina, cast in 1897
NEW AUCTION RECORD FOR THE ARTIST
$9,000,000 - 12,000,000
$18,969,000
£9,628,934
€12,238,065
Anonymous
33
Joan Miró, La caresse des étoiles, oil on canvas, 1938
NEW AUCTION RECORD FOR THE ARTIST
$12,000,000 - 16,000,000
$17,065,000
£8,662,437
€11,009,677
Anonymous
32
Alberto Giacometti, La Place II, bronze with brown and black patina, cast in 1949
Estimate On Request
$14,601,000
£7,411,675
€9,420,000
Anonymous
42
Pablo Picasso, Partition, Guitare, Compotier
oil on canvas, 1924
$12,000,000 - 16,000,000
$12,361,000
£6,274,619 €7,974,839
Anonymous
46
Claude Monet, Nymphéas, oil on canvas, 1908
$10,000,000 - 15,000,000
$11,689,000
£5,933,503 €7,541,290
Anonymous
37
Fernand Léger, Les femmes à la toilette, oil on canvas 1920
$9,000,000-12,000,000
$10,121,000
£5,137,563
€6,529,677
U.S Trade
8
Pablo Picasso, Claude et Paloma dessinant
oil on canvas, 1954
$7,000,000 - 10,000,000
$8,889,000
£4,512,183
€5,734,839
U.K. Trade
The May 6 2008 evening's sale of Impressionist and Modern Art at Christie's New York totalled $277,276,000/£140,749,239/€178,887,742, Christie's third highest result ever for the category.The auction featured particularly strong results for both 19th and 20th century paintings and sculpture created by some of the leading masters of art history. The sale was 82% sold by value, 76% sold by lot.
"We saw very strong prices in many areas this evening as the global market responded positively, and we are pleased with the overall result for the sale. Christie's set new auction records for major masters, and it was particularly gratifying to note sculpture continued its ascent in the marketplace, and now commands prices equivalent to great pictures," said Marc Porter, President of Christie's Americas.
A new world auction record was set for a rare and luminous Claude Monet masterpiece of high Impressionist style from 1873 when Pont du chemin de fer à Argenteuil sold for $41.48 million.One of the greatest Impressionist pictures left in private hands, it contained all the trademark themes of Monet's earlywork of the 1870s. The auction also featured Nymphéas, a 1908 canvas that dates to Monet's most creative and productive period of his late career that sold for $11,689,000.
Sculpture had an exceptional evening at Christie's with two of the greatest masters of the period setting new auction records, one conceived in the 1880s, the other cast in the 1960s. Eve, grand modèle-version sans rocher by Auguste Rodin marks one of the great turning points in modern sculpture and was initially conceived in the 1880s for The Gates of Hell and sold for $18,969,000, doubling the previous record for this revolutionary sculptor.The celebrated modern master AlbertoGiacometti also had a superlative night, with the monumental nine-foot high bronze Grande femme debout II,1959/60 realizing $27,481,000, smashing the previous record for this legendary 20th century artist by $9 million.Executed in response to a commission for the new Chase Manhattan Bank headquarters and public plaza in New York.The sale featured an impressive group of Giacometti sculptures and paintings to appear at auction since Christie's sale of the Lambert Collection in 1987, with five lots all selling for a total of $49.2 million.
Elsewhere in the sale, a new world auction record was set for Joan Miró when La Caresse des étoiles realized $17.1 million.Miró painted the work in 1938 during theSpanish Civil War and although appalled by the war, he filled it with elements conveying hope and optimism.
Buyers were 52% European, 32% American, 2% Asian, 2% Latin America and 12% others.
Impressionist and ModernArt Evening Sale
New York – Tuesday, May 6, 2008
Sale no: 1994 Top Ten
[All sold prices include buyer's premium]
Sold:
$277,276,000
£140,749,239
€178,887,742
Lots Sold: 44
Lots Offered: 58
Sold by Lot: 76%
Sold by $:82%
Exchange Rate: £ = $1.97/€ = $1.55
Lot
Description
Estimate ($)
Purchase Price
Buyer
21
Claude Monet, Le Pont du chemin de fer à Argenteuil oil on canvas, 1873
NEW AUCTION RECORD FOR THE ARTIST
Estimate On Request
$41,481,000
£21,056,345
€26,761,935
Anonymous
36
Alberto Giacometti, Grande femme debout II, bronze with dark brown patina, cast in 1960
NEW AUCTION RECORD FOR THE ARTIST.
Estimate On Request
$27,481,000
£13,949,746
€17,729,677
Gagosian Gallery
6
Henri Matisse, Portrait au manteau bleu, oil on canvas, 1935
Estimate On Request
$22,441,000
£11,391,371
€14,478,065
U.S Trade
15
Auguste Rodin, Eve, grand modèle-version sans rocher bronze with brown patina, cast in 1897
NEW AUCTION RECORD FOR THE ARTIST
$9,000,000 - 12,000,000
$18,969,000
£9,628,934
€12,238,065
Anonymous
33
Joan Miró, La caresse des étoiles, oil on canvas, 1938
NEW AUCTION RECORD FOR THE ARTIST
$12,000,000 - 16,000,000
$17,065,000
£8,662,437
€11,009,677
Anonymous
32
Alberto Giacometti, La Place II, bronze with brown and black patina, cast in 1949
Estimate On Request
$14,601,000
£7,411,675
€9,420,000
Anonymous
42
Pablo Picasso, Partition, Guitare, Compotier
oil on canvas, 1924
$12,000,000 - 16,000,000
$12,361,000
£6,274,619 €7,974,839
Anonymous
46
Claude Monet, Nymphéas, oil on canvas, 1908
$10,000,000 - 15,000,000
$11,689,000
£5,933,503 €7,541,290
Anonymous
37
Fernand Léger, Les femmes à la toilette, oil on canvas 1920
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