The figures for the auction house Shristie's up to the first half of 2010
The figures for the auction house Shristie's up to the first half of 2010 amounted to 1.7 billion pounds (2.57 billion dollars).
total sales results of the international auction house Christie's up to the first half of 2010 totaled 1.71 billion pounds (2.57 billion dollars). These figures reflect an increase of 46%(in pounds) compared to the same period last year, when profit was 1.2 billion pounds (1.8 billion dollars).
the first half 2010 in the segment of work, whose value exceeded $ 50 million (each), at Christie's were sold to 75%. These include the canvas by Pablo Picasso's "Nude on the background of the bust and green leaves, pushed under the hammer for 106,5 million dollars (70.2 million pounds) - the highest price for a work of art ever sold at auction .
compared with main rival Christie's has a market share equal to 51%.
169 works of art were sold for a sum of over 1 million pounds (each). Total sales includes income from private sales, equal to 182.7 million pounds (274.1 million dollars), showing an increase of 37%(in pounds) compared to the same period last year. Strong results and a high percentage of lots sold (in quantity and monetary value) were also observed in regional markets and day trading Christie's, which traditionally follows the evening auctions.
Edward Dolman, Christie's president says : "Throughout the first half of 2010 the international art market showed stable results, and we expect that our fall auction will continue this positive trend. During this time, Christie's had the honor to submit to the market a unique and outstanding works of art from the world's most distinguished collections, including the collection of family Brody, Michael Crichton and Spencer family. Great work continues to inspire buyers as well as the level of prices attracts investment in art as a means of saving capital.
In 2009, despite the reduction in supply of, demand for works of art have remained stable, as a consequence of higher sales results. In 2010 these figures had given assurance to sellers, which in turn increased the number of deals in the upper segment of the market and helped to reach new price levels. Culminating in the sale of the Picasso family collection Brody, setting a new world record for a work of art sold at auction.
Our sales results also reflect the increased importance of Asia in the international market . We continue to commit substantial return on our investment and firm leadership in the region. In addition, the innovative approach of Christie's and investments in technology, including the widespread use of the product line based applications for mobile phones and the growing popularity of online auction Christie's LIVE ™, continues to attract a significant number of clients from around the world.
Despite the general economic situation, we are seeing confidence and activity from both the sellers and by buyers. After one of the most successful semesters in the history of our trades, we are cautious and optimistic about the second half of the year, which will continue to demonstrate the stability of the international art market ».
Indicators of International Trade sites for the period from January to June 2010
the first half of 2010 on sales results in Europe amounted to 650.3 million pounds (975.4 million dollars), showing growth rates 1%(in pounds) compared to the same period last year. Across America sales results amounted to 666.4 million pounds (999.6 million dollars) with growth rates at 116%(in pounds) compared with the first half of 2009. Finally, in Asia and Middle East sales results amounted to 215.7 million pounds (323.6 million pounds), increasing performance by 134%(in pounds) compared to the same period last year. In all regions, Christie's has achieved a dominant market share. Sales statistics by region below:
Region | result of sales | |
million pounds | million | |
Continental Europe, including Britain | 650,3 | 975,4 |
London, King Street | 450,2 | 675,2 |
London, South Kensington | 49,9 | 74,9 |
Paris | 80,6 | 120,9 |
America | 666,4 | 999,6 |
Asia, including the Middle East | 215,7 | 323,6 |
Hong Kong | 200,4 | 300,7 |
Dubai | 15,3 | 22,9 |
Indicators of key international departments for the period from January to June 2010
In total sales for the international auction departments increased by 47%(pounds) compared to the same period in 2009. Among the most significant categories of growth in percentage terms was the postwar and contemporary art (140%), Arts of Asia (121%) and jewelry (75%). Statistics on sales of key categories listed below:
Category | result of sales | |
million pounds | million | |
Art of impressionism and modernism | 568,6 | 852,9 |
postwar and contemporary art | 307,2 | 460,7 |
Art of Asia | 245,5 | 368,2 |
Jewellery and watches | 151,5 | 227,3 |
Old Masters and Art of the XIX century | 58,3 | 87,4 |
European furniture | 48,6 | 72,9 |
American painting | 25,6 | 38,4 |
Russian painting and decorative arts | 14,7 | 22,2 |
Latin American art | 13,8 | 20,7 |
Decorative Art XX century | 12,6 | 18,9 |
International achievements and important events for the period from January to June 2010
UK and continental Europe
During the first half of 2010 sales results on trading in continental Europe and the UK amounted to 650.3 million pounds (975.4 million dollars), showing growth rates of 1%(in pounds) compared to the same period last year .
London branch of Christie's
The June auction « The Art of Impressionism and Modernism » and « postwar and contemporary art », held in London, in the amount of the auction house brought 231 million pounds (344 million dollars), and 9 works were sold for the amount surpassed the 5 million pounds, and 48 works went under the hammer for the price of more than 1 million pounds (60 - for the price of over $ 1 million). «Portrait of Angel Fernandez de Soto," Pablo Picasso , referring to the so-called "blue period "of the artist, was bought for 34.8 million pounds (51,6 million dollars) and took second place in the list of the most expensive artwork sold at London auction site Christie's.
Top-lot trades series "The Art of the Islamic world" has become a rare kirmansky carpter in the middle of XVII century on the south-east of Persia and sold in the auction "Oriental rugs" 15 April for 6.2 million pounds (9.6 million). To date, this is the most expensive work of Islamic art and the owner of a new record price for rugs.
Revenues up antique auction, held at a site in South Kensington , was in the amount of 3 million pounds (4.6 million), which is the highest in London trading this category since 2004. Total trades conducted on this auction site, continued to demonstrate increasing percentages of lots sold in all categories, including interior design trades.
Income auction house based on a series of Russian Trading for the reporting period amounted to 14.7 million pounds (22,2 million dollars), exceeding the total estimeyt offered for sale lots. The June auction showed an increase of 92%compared to the December auction , while the percentage of sold units increased by 80%compared to the same month of December. Also in June, were set three new record price - on the works of artists Kuzma Petrov-Vodkin , Zichy and Kalmakova .
Paris office Christie's
Thanks confident results of the revenue department Christie's in Paris during the reporting period amounted to 94.5 million euros (120.9 million dollars), auction house has a market share equal to 52,1%in comparison with its main competitor. sculpture Amedeo Modigliani" Head caryatids "sold for 43.1 million euros (52,6 million dollars) became the most expensive piece of art ever sold in France, also setting a new world record for a work of the author .
Swiss branch of Christie's
Results of Christie's, held at Geneva auction site during the reporting period, have exceeded expectations, totaling 56.7 million dollars (42,1 million euros), which 65%higher than in the first half of 2009. All department sold the unique Patek Philippe wristwatch with chronograph for 5,7 million dollars (they bought a private Swiss museum). Within the jewelry trades two private collections of vintage jewelry, as well as a unique selection of diamonds and jewelry in the amount sold for 9.9 million dollars. Special Section, which included the products of the company Cartier, was completely sold out, and the proceeds from its sales totaled 4.2 million dollars. At 99%in monetary terms, the lots were sold, presented in the wine auction, with a total estimeyt was exceeded by half (40%of the lots went under the hammer on the Internet through a system of Christie's LIVE ™). Confident of the results achieved and the annual auction of Swiss art, taking place in Zurich. Top-lot auction was the landscape with views of Lake Geneva by Ferdinand Hodler, sold for 2.6 million Swiss francs (2,53 million dollars).
Amsterdam Department of Christie's
total revenue from the sale of lots, exhibited in the Amsterdam trading amounted to 18.8 million euros, up 6%(in euros) above result for the same period last year.
Italian branch of Christie's
Total revenues up to the Milan Trade held in the first half of 2010 amounted to 10,9 million euros (9.3 million lb /13.4 million), showing reliable results in the field of postwar and contemporary art.
American branch of Christie's
total revenue on the basis of bidding, held in the U.S. in the first half of 2010 amounted to 666, 4 million pounds (999.6 million dollars), up 116%(in pounds) above result for the same period last year.
Week of American Art, held this year, was very successful and collected as a result of 12,8 million dollars (7.9 million pounds) during the auctions "American Furniture", "Folk Art", "silver and china, as well as individual trades, which exhibited a collection of Bendzhdamina F. Edwards III.
total revenue on the basis of a series of trades Week Art of Asia ", held in March, amounted to 59,9 million dollars, which is the second highest total for the auctions in this category, held in New York. This result also meant that during the reporting period, Christie's took the share of this market segment, equal to 73%.
Trades "Chinese Art" collected $ 40 million - a record for the New York unit Auction House amount.
Three separate auction devoted to photography, passed on April 14-15. The two of them the attention of collectors were submitted photos from private collections: it trades "Three decades of Irving Penn: Photographs from the collection of Patricia McCabe" and "Collection of photographs of Bayeux. The total revenue of the two auctions, combined with the results of individual trades, which were put lots of different collections totaled 9.3 million dollars. Auction sales leader was "Three decades of Irving Penn: Photographs from the collection of Patricia McCabe, during which it was sold 100%on sale of lots (both in quantity and monetary amount).
Jewelry auction held in New York in April and June 2010. The result of two auctions totaling 56.4 million dollars. Brilliant Emperor Maximilian went under the hammer for 1.76 million dollars, doubling the amount for which it was first sold at Christie's auction in 1982. In the June auction faultless diamond with the characteristics of color and purity of D and VVS1 found its buyer for the amount of 131 500 dollars per 1 carat. This result is of particular interest to the background of sales in 2009, blameless diamond color category D weighing 30 carats, whose value amounted to 130 000 dollars for a 1 carat. These results demonstrate the increase in cost per carat to 45%in the 12-month term.
New York trading hours were held on June 16, and their result was 10 million dollars (6.7 million pounds ). With hammer away 88%of lots (90%in monetary terms). Total revenues of international watch department of Christie's up to the spring season was 46.1 million, a record half-year figure for this category today.
Total revenues on the basis of bidding" The Art of Impressionism and modernism "and" Post-War and Contemporary Art "held in May amounted to 652 million dollars (436 million pounds) . During series of auctions, "The Art of Impressionism and Modernism» just sold works of art on the amount of 360 million dollars (238.4 million pounds), and also set a new world record price for the most expensive artwork ever sold at auction. The work, set this record, it became the canvas of Pablo Picasso's "Nude on a background of green leaves and bust" in 1932 from the collection of Mrs. Sidney F. Brody, gone under the hammer for a record $ 106.5 million (70.2 million pounds). Works of modern art on sale in the evening auction «Collection of Michael Crichton» , were sold at 100%, and top-lot auction was work of Jasper Johns "Flag", which went under the hammer for record for the artist the sum of 28,6 million dollars (19.4 million pounds) . A total trades "Postwar and contemporary art» brought the auction house 231.9 million dollars (157.6 million pounds). His customers have found 94%on sale of lots, which in monetary terms was 98%.
Hong Kong branch of Christie's
total revenue on the basis of bidding, held in Hong Kong from January to June 2010 amounted to 200.5 million pounds (300.7 million dollars), reflecting an increase of 132%(in pounds) of compared to the same period of 2009.
Auction "Classical Chinese Painting," works of modern Chinese paintings from the collection Songde Tango "and" Contemporary Chinese Painting "came to the rescue in the amount of 35,9 million pounds ( 54,8 million dollars), a record high for the auction held in the region. In the course of trading "Pottery and decorative arts of China" all lots were sold for 56.7 million pounds (86,5 million dollars). More than 7 times higher than its total estimeyt lots for sale in the auction "The outstanding collection of Chinese carvings of rhino horn from the collection Songdzhutang, bringing the auction house 19.9 million pounds (30,4 million dollars). The works were snapped up by 100%, and the trades themselves were the second most successful auction of Christie's spring 2010 season. Auction of "The Imperial bid, ceramics and decorative art of China has collected 36 million pounds (56 million dollars), almost twice the original эстимейт.
sales to a series of trades" Modern Art of Asia and the Chinese art of XX century "amounted to 44 million pounds (67.2 million dollars). Proceeds from the evening auction was 26.8 million pounds (39 million dollars), three times the total estimate. Items on sale were sold at 100%and trading became the most successful evening auctions held in the Asian region. The work of Chinese photographer Chen Yifeya "String Quartet" went under the hammer in the evening an auction for a record price of 5.1 million pounds (7.9 million). Bidding Contemporary Art in South-East Asia have brought the auction house 3.7 million pounds (5.7 million dollars), which shows an increase of 33%compared with corresponding figures for the fall 2009 season. During the auction was set 10 new record price as the work of well-known artists, as well as in works of those who are just starting to gain in popularity.
Jewellery auction, held in Hong Kong, and collected 39, 6 million pounds (60,4 million dollars), making this auction the most profitable in the category of all that ever held Christie's international scale. As part of the process of bidding under the hammer went bracelet from Cartier, decorated with rare Kashmir sapphire. Lot was sold for 7,2 million dollars, becoming the most expensive jewelry from Cartier of all, ever sold at auction.
sales up trading hours, includes a collection of "Millennium" amounted to 9 million pounds (13,8 million dollars). Total sold 90%on sale of lots, which in monetary terms amounted to 94%.
In trading Rare and fine wine "of all lots were sold for a record $ 3.39 million pounds (5.1 million dollars), which is the largest revenue for the wine auction Christie's, held in the Asian region. Collection "liquid gold" - one of the best and most complete collections of Chateau d'Ikem to all that have ever appeared at auction - had been sold one lot for a sum exceeded 8 million HK dollars, becoming not only a top-lot Bidding in this category in Asia, but also the most expensive wine lot in the history of the auction house.
Dubai branch of Christie's
proceeds on the basis of trades carried out by the Dubai branch of Christie's in the reporting period amounted to 15.3 million pounds (22,9 million dollars), reflecting an increase of 153%(in pounds) compared with same period last year.
The eighth series of Dubai's trading Christie's auction house brought 15.3 million pounds (22,9 million dollars). Bidding is different from the highest to date, the percentage of lots sold (89%) and 23 new price record, the confidence shown by buyers from the Middle East in particular and clients around the world as a whole. Collection of Dr. Said Farsi was sold at 100%, and revenue from the sale of its constituent units amounted to 5.6 million pounds (8.7 million). Top-lot auction was the picture of the Egyptian artist Mahmoud Said (1897-1964) "well sweeps" (1934), pushed under the hammer for a record $ 1.5 million pounds (2.4 million dollars).
top 10 works of art sold at Christie's International auction in the period from January to June 2010
Job Description | Place of sales | Date of sale | Result | ||
Dollars | Pounds | Euro | |||
Pablo Picasso | New York | 04.05.10 | 106 482 500 | 70278450 | 81991525 |
Alberto Giacometti | New York | 04.05.10 | 53282500 | 35166450 | 41027525 |
Amedeo Modigliani | Paris | 14.06.10 | 52620923 | 35886735 | 43185000 |
Pablo Picasso | London | 23.06.10 | 51585 695 | 34761250 | 41,922,068 |
Jasper Johns | New New York | 11.05.10 | 28,642,500 | 19476900 | 22627575 |
Gustav Klimt | London | 23.06.10 | 27901055 | 18801250 | 22674308 |
Alberto Giacometti | New York | 04.05.10 | 25,842,500 | 17056050 | 19898725 |
Alberto Giacometti | New York | 04.05.10 | 20 802 500 | 13 729 650 | 16 017 925 |
Энди Уорхол | Нью-Йорк | 11.05.10 | 18 338 500 | 12 470 180 | 14 487 415 |
Пабло Пикассо | Лондон | 04.05.10 | 18 011 679 | 12 137 250 | 14 637 524 |
Christie's LIVE™
По сравнению с первой половиной 2009 в отчетном периоде наблюдался 33%-ный рост количества посетителей, зарегистрировавшихся на сайте www.christies.com, в то время как число покупателей, принимавших непосредственное участие в торгах по интернету посредством системы LIVE™, возросло на 44 %. Среднее количество регистрирующихся в режиме онлайн на сегодняшний день составляет одну пятую всех регистрируемых участников и одну четвертую от всех клиентов, непосредственно совершающих ставки. По состоянию на конец первой половины 2010 выручка от продаж, совершенных по интернету, составила 48,8 миллиона долларов, демонстрируя рост данного показателя на 63 %по сравнению с первым полугодием 2009.
Планы на будущее
- Частная коллекция старинных китайских изделий из бронзы «Произведения из бронзы Це Юань Танга из собрания Энтони Харди» будет выставлена на продажу в рамках нью-йоркских торгов, которые пройдут 16 сентября 2010.
- Произведения искусства из собрания Денниса Хоппера будут предложены вниманию коллекционеров в ходе нью-йоркских вечерних и дневных торгов «Послевоенное и современное искусство» 10 и 11 ноября 2010. Среди топ-лотов произведения Энди Уорхола и Жана-Мишеля Баскии. Суммарный эстимейт работ составляет около 10 миллионов долларов.
- На парижские торги, которые пройдут 20 ноября, будет выставлена выдающаяся подборка фотографий из собрания фонда Ричарда Аведона.
Источник: пресс-релиз Christie’s
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