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21 million pounds for the work of Bacon paid at Christie's yesterday

Total London evening auctions Christie's contemporary art brought to 80 million pounds. The top lots, in addition to portraits by Francis Bacon, Gerhard Richter's works were included, Christopher Wool and Nicolas de Stael

Last night in London have successfully passed the contemporary art auctions Christie's: the sum total amounted to 80.6 million pounds (126.5 million dollars), which is near the upper bound estimate of the total 56,77-84 million pounds. This is the best result of the London auction of contemporary art auction house since the art boom of 2008 (in June 2008 brought a similar auction of 86.2 million pounds). But the February 2011 auction ended at around 61.4 million pounds.

yesterday sold 58 of the 65 proposed lots (89%quantitative and 95%in monetary terms). Three artists have updated personal records, 16 lots have crossed the threshold of one million pounds, and 26 works have reached the seven-digit results in dollars.

Last but not least to such an inspiring result of affected sales of paintings of Francis Bacon (Francis Bacon)« Portrait of Henrietta Moraes "1963 . Dealers believe that the work came to auction from the collection of Manhattan real estate developer Sheldon Solow (Sheldon Solow). Undeclared work estimate was about 15-20 million pounds. Bargaining began with 12 million pounds, the buyers on the phone, moving a step in the auction half a million pounds, raised the price of cloth and 19 million, and after the addition of the auction house commission hammer price was 21.3 million pounds (33.3 million dollars). I bought a work on behalf of the Client Officer Christie's Roberts Sumiko (Sumiko Roberts). This is the seventh best result in an auction of Francis Bacon's career, once again confirmed its status as the most expensive British artist in the art market. But London still boasts the title of one of the best auction sites worldwide.

Francis Bacon
Portrait of Henrietta Moraes.
1963 Oil on canvas. 165 x 142
Christie's. 14.02.2012. Lot number 12
Estimate: on request
Result: 21.3 million pounds
Source: Gerhard Richter
abstract painting (811-1).
1994 Oil on canvas. 250,2 x 200
Christie's. 02/14/2012. Lot number 25
Estimate: 5-7 million pounds
results: 9.9 million pounds
Source:

at least four customers were willing to take the upper estimate of 7 million pounds of "abstract painting" by Gerhard Richter in 1994. The work, first came up for auction, aroused great interest among buyers, heated retrospective of the artist in the Tate Modern and record sale of the other "abstract paintings" Richter for 20.8 million dollars last November ( shopper was Lily Safra ). Yesterday's "abstract painting" bought for 9.9 million pounds of New York Christie's specialist Andrew Massad (Andrew Massad) on behalf of his client.

flurry of phone calls hit the London saleroom last night when there have black and white work by Christopher Wool (Christopher Wool) «Untitled" (1990). This American artist now enjoys certain demand for contemporary art fairs. Yesterday his latest work is left to the market for a record price of 4.9 million pounds (7.71 million dollars). The previous record belonged to the product of the Blue Fool («Blue Fool"), sold for $ 5 million in May 2010. Yesterday, on behalf of the client work with enamel on aluminum with a large inscription FOOL («Fool"), acquired Christie's employee Jiraiya Pedro (Pedro Girao). He is acting in the interests of that client's photographic bought in 1975 "Bloody Life No. 13 "(" Devil's lives № 13 "), the creative duo Gilbert and George for 1.3 million pounds.

ELLs CHRISTOPHER Untitled.
1990 enamel and aluminum. 274,5 x 182,8
Christie's. 14.02.2012. Lot number 5
estimate: 2.5-3.5 million pounds
Result: 4.9 million pounds
Source: NIKOLYa Nicolas de Stael Agrigento.
1953 Oil on canvas. 89,2 x 130
Christie's. 02/14/2012. Lot number 32
Estimate: 3.5-5 million pounds
Result: 5.3 million pounds
Source:

Other top lots in the evening include the Italian landscape Nicolas de Stael «Agrigento" (1953). A picture with an estimate of 3.5-5 million pounds of the buyer on the phone took in 5.3 million pounds. A picture of Freud Lusiena "Boat, Connemara" (1948) London dealer Stephen Ongpin (Stephen Ongpin) bought for 657,000 pounds (estimate 200-300 thousand pounds).

«Auction at Christie's turned out a solid, - says London dealer Offer Waterman (Offer Waterman). - It was only a few flops work, and most successful of lots drawn by at least two clients ».

Yesterday's auction of Contemporary Art Christie's could easily overtake on the total result similar auctions, do not take away the owners at the last minute of trading with the abstract work Mark Rothko 1955 previously estimated at 12.9 million pounds. Head of the Department of Contemporary Art in London Christie's Autred Francis (Francis Outred) explained that the auction house is in talks about the private sale of this painting.

The day before the Christie's auction of its Contemporary Art gave Bonhams . Here the picture was not so rosy: 20 lots found buyers, only 11, a total of 1.1 million pounds.

The case for Sotheby's, whose contemporary art evening auction will be held in London tonight .

Material Maria prepared Onuchina, AI

Sources : artinvestment.ru


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