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Results auction Christie's “postwar and contemporary art”

ARTinvestment.RU – 01.07.2009,16:33

As a result of evening auction Christie's «postwar and contemporary art », held on 30 June , the result was 19 063 350 pounds (22 513 816 euros). Statistics in monetary terms amounted to 86% was 88% of lots sold, indicating the continued stability of the market.

Autred Francis, Head of European Department of postwar and contemporary art, said: «We are pleased with today's results, which continued the trend confident of successful bid in this category, held at Christie's international sites over the past six months. Top lot of today's auction, which was received by a number of successful price results, the canvas was "Sports fields at night" Peter Doig spent under the hammer for 3 million pounds. Of particular note is the fact that about 80% of sales have gone either estimeytov their borders or beyond. In addition, significantly increased the percentage of new collectors who have been actively involved in bids ».










 PETER Doig Sports fields at night. 1997-1998 PETER Doig Sports fields at night

1997-1998. Oil on canvas. 200 x 274,3

Christie's. 30.06.09. Lot number 13

Estimeyt: 1,5-2 million pounds

Result: 3 009 250 pounds


Top-lot auction was the urban landscape painted by Peter Doig (b. 1959), entitled «Sports fields at night», written in 1997-1998. The painting was bought by private collector for 3 009 250 pounds (at estimeyte in 1,5-2 million), which is the second largest amount of ever paid for the work of the artist. This large canvas, which is, according to the most Doig, one of the most popular of his works were exhibited at the auction for the first time.

In general, during the bidding four lots were sold for amounts in excess of a million pounds mark (11 lots for amounts in excess of one million mark in U.S. dollars). Buyers attending the auction were mostly from Britain and continental Europe (65%), as well as from America (29%) and Asia (6 %).










 RICHARD PRINCE Country Nurse. 2003 RICHARD PRINCE Country Nurse

2003. Oil on canvas, acrylic, ink stamp. 202 x 132,8 Christie's. 30.06.09. Lot number 7

Estimeyt: 1,5-2 million pounds


Result: 1 721 250 pounds


Let us consider the rest of the top lots. Painting «Suburban Nurse» Brushes Richard Prince (b. 1949), written in 2003, was sold for 1.7 million pounds. This is one of the largest well-known series of paintings of the artist «nurses», the creation of an artist inspired covers of popular women's detective novels, 50 of the last century. Increased attention Series has attracted in 2003, when for the cover of W magazine artist photographed Kate Moss in the form of calling a nurse on the background of one of his works.










 Gerhard Richter 1025 shades. 1974 Gerhard Richter 1025 shades

1974. Oil on canvas, lacquer. 120h123, 6

Christie's. 30.06.09. Lot number 11

Estimeyt: 1,3-2 million pounds

Result: 1 385 250 pounds


Cloth Gerhard Richter (b. 1932) «1025 shades» went under the hammer for 1.4 million pounds. The painting was exhibited at the bidding of a private European collection for the first time since its inception in 1974. This work belongs to the period which, according to critics, was the artist for one of the most fruitful and significant.










 Jeff Koons Mustaches. 2003 Jeff Koons Mustaches

2003. Painted aluminum, wrought iron, steel chain. 191,8 x 53,3

Christie's. 30.06.09. Lot number 30

Estimeyt: 1,2-1,8 million pounds


Result: 1 105 250 pounds


new owners have found all three works by Jeff Koons (b. 1955), each of which notes a turning point in the artist's works and put up for auction for the first time. Composition «Mustaches» 2003, was bought for 1.1 million pounds, the work of «Flower» 1986 - over 337 thousand pounds and «walrus (blue)», created by Koons in 1999, went under the hammer for 361 thousand pounds.










 Sai TUOMBLI Untitled. 1961 Sai TUOMBLI Untitled

1961 Oil on canvas, lead pencil, wax pencil. 40 x 50

Christie's. 30.06.09. Lot number 16

Estimeyt: 500-700 thousand pounds


Result: £ 802 850


in excess estimeyta went under the hammer picture «Untitled» brush Saya Tuombli (b. 1928), written in 1961, when the artist created a number of recognized masterpieces, among them a series of works «Ferragosto (Feast of the Assumption Virgin) », recently exhibited at London's Museum Tate Modern. Price of work was 803 thousand pounds, with an estimated value of 500-700 thousand pounds.










 Alighieri BOETTI Red 60 1232. Red 60 1305. 1967 Alighieri BOETTI

Red 60 1232. Red 60 1305

1967 Metal, Industrial Paint

Each piece of 100x100

Christie's. 30.06.09. Lot number 15

Estimeyt: 280-350 thousand pounds

Result: 713 250 pounds


Diptych Boetti Alighieri (1940-1994) «Red 60 1232» and «Red 60 1305», created in 1967, also exceeded its estimeyt (from 280 to 350 thousand pounds) and was sold for 713 thousands, setting a new price record for the artist's work.

price record was also set to rotating song «Golden Heart Independence» Hoany Vasconcelos (b. 1971), established in 2004. A similar composition of red color, height 4.5 meters, made of plastic spoons, knives and forks and has a shape of heart, from the collection of François Pinault was presented at exhibition« A state of the world? », held in Moscow at the Center of Contemporary Culture« garage ». Lot has been sold at auction for 163 thousand pounds.

Source: Press Releases Christie's




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19/052861.65-0.26%
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