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News
NEW RECORD PRICE FOR CLAUDE MONET
03 July 2008
Catégorie : MARKET
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CHRISTIE'S AUCTION OF IMPRESSIONIST AND MODERN ART REALISES £144 MILLION / $284 MILLION / €182 MILLION
- The highest ever total for an art auction held in Europe
- Monet masterpiece sells for £41 million / $80.5 million – a record price for the artist at auction
- 8 world auction records established for artists including Claude Monet, Henry Moore and Natalia Goncharova
London – Christie's Impressionist and Modern Art Evening Sale which took place on evening 24 June 2008 realised £144,440,500 / $283,970,023 / €182,428,352 - the highest ever total for an art auction held in Europe. The top lot of the auction was Le bassin aux nymphéas, a masterpiece painting by Claude Monet which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction. 34 works of art sold for over £1 million (44 for over $1 million), and buyer activity at the auction (by lot) was 62% Europe including United Kingdom, 34% Americas, 3% Asia and 1% other. The auction saw a total of 8 artist records established, including for Claude Monet, Henry Moore and Natalia Goncharova.
Olivier Camu, Director and Head of Impressionist and Modern Art, Christie's London and Thomas Seydoux, International co-head of Impressionist and Modern Art at Christie's said: “This auction realised the highest total for any art auction ever held in Europe, and illustrates the continuing strength and confidence of the art market. We saw particularly strong bidding for works of the highest quality which were fresh to the market. The leading lot of the auction was ‘Le bassin aux nymphéas', a masterpiece painting by Claude Monet which witnessed a bidding battle involving many international collectors, before selling to a client in the saleroom for £41 million, a new world record price for the artist at auction. A further highlight was ‘Danseuse a la barre', an extremely rare early masterpiece in pastel by Edgar Degas, which also drew bidding from a number of international clients and far exceeded its pre-sale estimate, selling for £13.5 million, the second highest price for the artist at auction.”
The top 5 prices of the evening were:
- Le bassin aux nymphéas, a masterpiece painting by Claude Monet which was offered from the Estate of J. Irwin and Xenia S. Miller and which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction.
- Danseuse a la barre, an extremely rare early masterpiece in pastel by Edgar Degas (1834-1917) which realised £13,481,250 / $26,504,138 / €17,026,819 far exceeding its pre-sale estimate of £4,000,000 to £6,000,000.
- Les Fleurs, circa 1912, a rare and powerful work by Natalia Goncharova (1881-1962) which sold for £5,529,250 / $10,870,506 / €6,983,443, a world record price for the artist at auction, and a world record price for a work by a female artist at auction.
- Draped Reclining Woman by Henry Moore (1898-1986) which was also offered from the Estate of J. Irwin and Xenia S. Miller and which realised £4,297,250 / $8,448,394 / €5,427,427, a world record price for the artist at auction.
- The Portrait of Yanaihara by Alberto Giacometti (1906-1966) which was painted in 1958 and which sold for £4,297,250 / $8,448,394 / €5,427,427.
Property from the Estate of J. Irwin and Xenia S. Miller
The auction was led by a selection of seventeen works from the Estate of J. Irwin and Xenia S. Miller. J. Irwin Miller, an industrialist from Columbus, Indiana, and his wife Xenia Simons Miller, who were major philanthropists and patrons of the arts and who were instrumental in turning the American city of Columbus, Indiana, into a showcase for modern architecture. The seventeen Impressionist and Modern works together realised £67,540,050 / $132,783,738 / €85,303,083, and was led by Claude Monet's Le bassin aux nymphéas which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction.
Works from the Collection of the late Simon Sainsbury
A selection of 7 works from the collection of Simon Sainsbury were sold for a total of £10,424,750 / $20,495,059 / €13,166,459, led by Collioure. Les Balancelles, 1887, an early Pointillist picture by Paul Signac (1836-1935) which sold for £2,953,250 / $5,806,090 / €3,729,955. One of Britain's most generous philanthropists and discerning collectors, the late Simon Sainsbury assembled throughout his lifetime one of the finest private British collections of the 20th century, from which a selection of furniture, ceramics and art was sold at a landmark auction on 18 June 2008 at Christie's in London for £16,512,025 / $32,214,961 / €20,772,127, bringing the total to £26,936,775 / $52,710,020 / €33,938,586. Proceeds from the sale of the collection as a whole will benefit the charity established by Simon Sainsbury in 1965, The Monument Trust.
Works from a Distinguished European Collection
A selection of 11 works from a Distinguished European Collection assembled nearly half a century ago realised £9,494,550 / $18,666,285 / €11,991,616, and was led by Les Sapins, Varengeville, a luminous coastal landscape by Claude Monet (1840-1926) which was painted in the Summer of 1882, when the artist was staying at Pourville on the Normandy coast in France and which sold for £3,177,250 / $6,246,474 / €4,012,867.
The Hoh Collection
The auction sold 7 works from the impressive collection of 20th century avant-garde works assembled by Alfred and Elisabeth Hoh, which toured various German institutions between 1998 and 2000 as the ‘Languages of Art' exhibition and which realised £12,816,750 / $25,197,730 / €16,187,555. Leading the selection was Les Fleurs, circa 1912, a rare and powerful work by Natalia Goncharova (1881-1962) which sold for £5,529,250 / $10,870,506 / €6,983,443, a world record price for the artist at auction, and a world record price for a work by a female artist at auction.
ARTIST RECORDS:
Claude Monet (1840-1926), Le bassin aux nymphéas, 1919
Sold: £40,921,250 / $80,451,178 / € 51,683,539
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
HIGHEST PRICE PAID FOR A WORK OF ART SOLD BY CHRISTIE'S IN EUROPE
Natalia Goncharova (Russian, 1881-1962), Les Fleurs
Sold: £5,529,250 / $10,870,506 / €6,983,443
WORLD AUCTION RECORD FOR ARTIST
WORLD RECORD PRICE FOR A WORK BY A FEMALE ARTIST AT AUCTION
Henry Moore (1898-1986), Draped Reclining Woman, 1957-1958
Sold: £4,297,250 / $8,448,394 / €5,427,427
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Vladimir Baranoff-Rossiné (Russian, 1888-1944), The Rhythm (Adam and Eve), 1910
Sold: £2.729.250 / $5.365.706 / €3.447.143
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Vera Rockline (Russian, 1986-1934), The Card Player
Sold: £2,057,050 / $4,044,554 / €2,598,307
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Oscar Dominguez (1906-1957), Machine à coudre électro-sexuelle
Sold: £1,497,250 / $2,943,594 / €1,891,027
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Leo Gestel (1881-1941), Gladiolen
Sold: £505,250 / $993,322 / €638,131
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Frits Van Den Berghe (Belgian, 1883-1939), Bloemen over de stad (Fleurs sur la ville)
Sold: £241,250 / $474,298 / €304,699
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Impressionist and Modern Art Evening Sale
London – Tuesday, 24 June 2008
Sale no: 7599 – Top Ten
[All sold prices include buyer's premium]
|
Sold: |
£144,440,500 |
$283,970,023 |
€182,428,352 |
|
Lots Sold: 66 |
Lots Offered: 81 |
Sold by Lot: 81% |
Sold by £: 95% |
|
Exchange Rate£:= $1.966 / €1.263 |
|
Lot |
Description |
Estimate (£)
|
Purchase Price |
Buyer |
|
16 |
Claude Monet (1840-1926), Le bassin aux nymphéas, 1919
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
2nd HIGHEST PRICE FOR A WORK OF ART SOLD AT AUCTION IN EUROPE |
18,000,000-24,000,000 |
£40,921,250
$80,451,178
€51,683,539 |
Arts and Management International |
|
9 |
Edgar Degas (1834-1917), Danseuses à la barre, circa 1880
2ND HIGHEST PRICE FOR THE ARTIST AT AUCTION |
4,000,000-6,000,000 |
£13,481,250
$26,504,138
€17,026,819 |
Anonymous |
|
65 |
Natalia Goncharova (Russian, 1881-1962), Les fleurs, circa 1912
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
WORLD RECORD PRICE AT AUCTION FOR A FEMALE ARTIST
|
3,500,000-4,500,000 |
£5,529,250
$10,870,506
€6,983,443 |
Anonymous |
|
25 |
Henry Moore (1898-1986), Draped Reclining Woman, 1957-1958
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
|
2,500,000-3,500,000 |
£4,297,250
$8,448,394
€5,427,427 |
Anonymous |
|
34 |
Alberto Giacometti (1906-1966), Yanaihara, circa 1958 |
3,500,000-5,000,000 |
£4,297,250
$8,448,394
€5,427,427 |
Thomas Gibson Fine Art Limited |
|
17 |
Pablo Picasso (1881-1973), Compotier et guitare, 1924 |
3,000,000-4,000,000 |
£4,129,250
$8,118,106
€5,215,243 |
US Private |
|
53 |
Edgar Degas (1834-1917), Trois danseuses (Jupes jaunes, corsages bleus), 1896 |
2,800,000-3,500,000 |
£3,961,250
$7,787,818
€5,003,059 |
European Private |
|
14 |
Pablo Picasso (1881-1973), La carafe (Bouteille et verre), 1911-1912 |
2,000,000-3,000,000 |
£3,737,250
$7,347,434
€4,720,147 |
Anonymous |
|
26 |
Pierre Bonnard (1867-1947), Vue du Cannet, 1927 |
3,000,000-4,000,000 |
£3,401,250
$6,686,858
€4,295,779 |
European Institution |
|
|
CHRISTIE'S AUCTION OF IMPRESSIONIST AND MODERN ART REALISES £144 MILLION / $284 MILLION / €182 MILLION
- The highest ever total for an art auction held in Europe
- Monet masterpiece sells for £41 million / $80.5 million – a record price for the artist at auction
- 8 world auction records established for artists including Claude Monet, Henry Moore and Natalia Goncharova
London – Christie's Impressionist and Modern Art Evening Sale which took place on evening 24 June 2008 realised £144,440,500 / $283,970,023 / €182,428,352 - the highest ever total for an art auction held in Europe. The top lot of the auction was Le bassin aux nymphéas, a masterpiece painting by Claude Monet which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction. 34 works of art sold for over £1 million (44 for over $1 million), and buyer activity at the auction (by lot) was 62% Europe including United Kingdom, 34% Americas, 3% Asia and 1% other. The auction saw a total of 8 artist records established, including for Claude Monet, Henry Moore and Natalia Goncharova.
Olivier Camu, Director and Head of Impressionist and Modern Art, Christie's London and Thomas Seydoux, International co-head of Impressionist and Modern Art at Christie's said: “This auction realised the highest total for any art auction ever held in Europe, and illustrates the continuing strength and confidence of the art market. We saw particularly strong bidding for works of the highest quality which were fresh to the market. The leading lot of the auction was ‘Le bassin aux nymphéas', a masterpiece painting by Claude Monet which witnessed a bidding battle involving many international collectors, before selling to a client in the saleroom for £41 million, a new world record price for the artist at auction. A further highlight was ‘Danseuse a la barre', an extremely rare early masterpiece in pastel by Edgar Degas, which also drew bidding from a number of international clients and far exceeded its pre-sale estimate, selling for £13.5 million, the second highest price for the artist at auction.”
The top 5 prices of the evening were:
- Le bassin aux nymphéas, a masterpiece painting by Claude Monet which was offered from the Estate of J. Irwin and Xenia S. Miller and which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction.
- Danseuse a la barre, an extremely rare early masterpiece in pastel by Edgar Degas (1834-1917) which realised £13,481,250 / $26,504,138 / €17,026,819 far exceeding its pre-sale estimate of £4,000,000 to £6,000,000.
- Les Fleurs, circa 1912, a rare and powerful work by Natalia Goncharova (1881-1962) which sold for £5,529,250 / $10,870,506 / €6,983,443, a world record price for the artist at auction, and a world record price for a work by a female artist at auction.
- Draped Reclining Woman by Henry Moore (1898-1986) which was also offered from the Estate of J. Irwin and Xenia S. Miller and which realised £4,297,250 / $8,448,394 / €5,427,427, a world record price for the artist at auction.
- The Portrait of Yanaihara by Alberto Giacometti (1906-1966) which was painted in 1958 and which sold for £4,297,250 / $8,448,394 / €5,427,427.
Property from the Estate of J. Irwin and Xenia S. Miller
The auction was led by a selection of seventeen works from the Estate of J. Irwin and Xenia S. Miller. J. Irwin Miller, an industrialist from Columbus, Indiana, and his wife Xenia Simons Miller, who were major philanthropists and patrons of the arts and who were instrumental in turning the American city of Columbus, Indiana, into a showcase for modern architecture. The seventeen Impressionist and Modern works together realised £67,540,050 / $132,783,738 / €85,303,083, and was led by Claude Monet's Le bassin aux nymphéas which realised £40,921,250 / $80,451,178 / €51,683,539, a world record price for the artist at auction.
Works from the Collection of the late Simon Sainsbury
A selection of 7 works from the collection of Simon Sainsbury were sold for a total of £10,424,750 / $20,495,059 / €13,166,459, led by Collioure. Les Balancelles, 1887, an early Pointillist picture by Paul Signac (1836-1935) which sold for £2,953,250 / $5,806,090 / €3,729,955. One of Britain's most generous philanthropists and discerning collectors, the late Simon Sainsbury assembled throughout his lifetime one of the finest private British collections of the 20th century, from which a selection of furniture, ceramics and art was sold at a landmark auction on 18 June 2008 at Christie's in London for £16,512,025 / $32,214,961 / €20,772,127, bringing the total to £26,936,775 / $52,710,020 / €33,938,586. Proceeds from the sale of the collection as a whole will benefit the charity established by Simon Sainsbury in 1965, The Monument Trust.
Works from a Distinguished European Collection
A selection of 11 works from a Distinguished European Collection assembled nearly half a century ago realised £9,494,550 / $18,666,285 / €11,991,616, and was led by Les Sapins, Varengeville, a luminous coastal landscape by Claude Monet (1840-1926) which was painted in the Summer of 1882, when the artist was staying at Pourville on the Normandy coast in France and which sold for £3,177,250 / $6,246,474 / €4,012,867.
The Hoh Collection
The auction sold 7 works from the impressive collection of 20th century avant-garde works assembled by Alfred and Elisabeth Hoh, which toured various German institutions between 1998 and 2000 as the ‘Languages of Art' exhibition and which realised £12,816,750 / $25,197,730 / €16,187,555. Leading the selection was Les Fleurs, circa 1912, a rare and powerful work by Natalia Goncharova (1881-1962) which sold for £5,529,250 / $10,870,506 / €6,983,443, a world record price for the artist at auction, and a world record price for a work by a female artist at auction.
ARTIST RECORDS:
Claude Monet (1840-1926), Le bassin aux nymphéas, 1919
Sold: £40,921,250 / $80,451,178 / € 51,683,539
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
HIGHEST PRICE PAID FOR A WORK OF ART SOLD BY CHRISTIE'S IN EUROPE
Natalia Goncharova (Russian, 1881-1962), Les Fleurs
Sold: £5,529,250 / $10,870,506 / €6,983,443
WORLD AUCTION RECORD FOR ARTIST
WORLD RECORD PRICE FOR A WORK BY A FEMALE ARTIST AT AUCTION
Henry Moore (1898-1986), Draped Reclining Woman, 1957-1958
Sold: £4,297,250 / $8,448,394 / €5,427,427
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Vladimir Baranoff-Rossiné (Russian, 1888-1944), The Rhythm (Adam and Eve), 1910
Sold: £2.729.250 / $5.365.706 / €3.447.143
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Vera Rockline (Russian, 1986-1934), The Card Player
Sold: £2,057,050 / $4,044,554 / €2,598,307
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Oscar Dominguez (1906-1957), Machine à coudre électro-sexuelle
Sold: £1,497,250 / $2,943,594 / €1,891,027
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Leo Gestel (1881-1941), Gladiolen
Sold: £505,250 / $993,322 / €638,131
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Frits Van Den Berghe (Belgian, 1883-1939), Bloemen over de stad (Fleurs sur la ville)
Sold: £241,250 / $474,298 / €304,699
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
Impressionist and Modern Art Evening Sale
London – Tuesday, 24 June 2008
Sale no: 7599 – Top Ten
[All sold prices include buyer's premium]
|
Sold: |
£144,440,500 |
$283,970,023 |
€182,428,352 |
|
Lots Sold: 66 |
Lots Offered: 81 |
Sold by Lot: 81% |
Sold by £: 95% |
|
Exchange Rate£:= $1.966 / €1.263 |
|
Lot |
Description |
Estimate (£)
|
Purchase Price |
Buyer |
|
16 |
Claude Monet (1840-1926), Le bassin aux nymphéas, 1919
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
2nd HIGHEST PRICE FOR A WORK OF ART SOLD AT AUCTION IN EUROPE |
18,000,000-24,000,000 |
£40,921,250
$80,451,178
€51,683,539 |
Arts and Management International |
|
9 |
Edgar Degas (1834-1917), Danseuses à la barre, circa 1880
2ND HIGHEST PRICE FOR THE ARTIST AT AUCTION |
4,000,000-6,000,000 |
£13,481,250
$26,504,138
€17,026,819 |
Anonymous |
|
65 |
Natalia Goncharova (Russian, 1881-1962), Les fleurs, circa 1912
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
WORLD RECORD PRICE AT AUCTION FOR A FEMALE ARTIST
|
3,500,000-4,500,000 |
£5,529,250
$10,870,506
€6,983,443 |
Anonymous |
|
25 |
Henry Moore (1898-1986), Draped Reclining Woman, 1957-1958
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION
|
2,500,000-3,500,000 |
£4,297,250
$8,448,394
€5,427,427 |
Anonymous |
|
34 |
Alberto Giacometti (1906-1966), Yanaihara, circa 1958 |
3,500,000-5,000,000 |
£4,297,250
$8,448,394
€5,427,427 |
Thomas Gibson Fine Art Limited |
|
17 |
Pablo Picasso (1881-1973), Compotier et guitare, 1924 |
3,000,000-4,000,000 |
£4,129,250
$8,118,106
€5,215,243 |
US Private |
|
53 |
Edgar Degas (1834-1917), Trois danseuses (Jupes jaunes, corsages bleus), 1896 |
2,800,000-3,500,000 |
£3,961,250
$7,787,818
€5,003,059 |
European Private |
|
14 |
Pablo Picasso (1881-1973), La carafe (Bouteille et verre), 1911-1912 |
2,000,000-3,000,000 |
£3,737,250
$7,347,434
€4,720,147 |
Anonymous |
|
26 |
Pierre Bonnard (1867-1947), Vue du Cannet, 1927 |
3,000,000-4,000,000 |
£3,401,250
$6,686,858
€4,295,779 |
European Institution |
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