Christie’s organized two back-to-back sales of modern and contemporary art on Tuesday afternoon in London and Paris, bringing in a total of $250 million with fees.
The 106 pieces showcased extended work from young newcomers such as Anna Wayant and pieces by ancient historical art figures such as Claude Monet. About 97 works were sold, with one Cy Twombly piece previously drawn. 28 items are guaranteed in auctions; 24 of them were secured with irrevocable bids.
The Paris part focused specifically on European artists. Works by Yves Klein, Pierre Solage, Jean Paul Reubel and Jean Helion Lescalier have been sold for small amounts ranging from $1.2 million to $2.2 million.
The total hammer price for the entire assembly across both pre-fee sales was $200.7 million, falling at the lower end of the pre-sale estimate of £145 million – £213 million (US$177 million – $259 million). Among the notable attendees who can be spotted in the sales room is dealer Heli Namad.
Outstanding male artists have taken over most of the major companies.
Two landscapes in pastel colors by Claude Monet, Waterloo Bridge, Yvette de Broome (1904) and Nymphéas, temps gris (1907), made 60 million pounds ($74 million).
Yves Klein painting in 1960 Anthropométrie de l’époque bleue (ANT 124)It was first offered for sale at Christie’s. The blue-colored painting, which Klein executed using sponge technique, was offered for 24 million pounds ($30.2 million). Five bidders competed for the work, which sold for a final price of 27 million pounds ($33.4 million), by going to one of the bidders by phone with Christie’s London specialist Guy Aghazarian. The result makes it one of the most valuable works of Klein to ever come up for auction, and the price is believed to be still shy of its current record of $36.4 million, set in 2012 by a sale FC1 (Fire Color 1), from 1962.
Jeff Koons Pink Metallic Figurine Titled balloon monkey (purple), 2006-2013, it was sold by Ukrainian-born billionaire Viktor Pinchuk and his wife Olena to raise money for medical aid for Ukrainian soldiers during the ongoing war with Russia. The work sold at an estimate of 10 million pounds ($12.6 million).
The Koons watch was won by another huge collector, Copenhagen-based business collector Jens Forshaw. In a statement after the sale, referring to philanthropic initiatives in the art world, Forshaw said, “We need more.”
Rene Magritte Souvenir of this trip (circa 1962-1963)And the Which depicts a gray stone apple and crescent against an overcast sky, brought some suspense to the sale. A protracted bidding war between five bidders has seen the hammer price of the business move far more than its high estimate of £5 million ($6 million). Selling the work for a final price of 16 million pounds ($19.7 million), it went to a telephone bidder with Christie’s London specialist Guy Aghazarian.
After he broke a new record minted during New York auctions last month, Ernie Barnes represented him. Main Street Bull Bar (1978), Night Bar scene. The painting exceeded its initial estimate of 80,000 pounds ($97,000), with a final price of 1.5 million pounds ($1.8 million).
The London Gallery opened a sculpture by Simone Lee, winner of the Golden Lion at this year’s Venice Biennale. the work, Untitled V (Architecture Anatomy Series), Depicting a bust of a woman decorated with roses and straw, it sold for a double estimated final price of £724,500 (US$880,000).
2003 Acrylic and graphite painting on canvas by Michel Magiros entitled Milky WayThe title, which depicts the business title in bold, went for 403,000 pounds ($490,000), more than double the estimates. Majerus is the subject of a survey at the KW Institute for Contemporary Art in Berlin due to open in October.
Half of the sale shows by live artists were given by women. One of the works of 27-year-old painter Anna Wyant, who recently joined forces with Gagosian (her namesake dealer is rumored to be her romantic partner), has exceeded her estimates. her painting 2019 Ingrid with roses It sold for £403,000 ($490,000), more than double the estimate of £150,000.
Lucy Paul’s Painting of the Year 2019 No more blue tomorrow, an abstract depicting what appear to be organic forms, sold for £277,200 ($340,000), more than four times its low estimate of £60,000 ($73,000). The work was the latest in a series of paintings by Paul that beat expectations at auction.
Leonora Carrington, whose writings gave the title of the current Venice Biennale, like her ferret race (erect race), which saw a competition from three bidders. He went to a buyer from Hong Kong for 1.4 million pounds ($1.7 million). The result was still shy of the artist’s current record of $3.3 million, which was paid for Paracelsus Garden (1957) in May.