Art Investment

Saatchi Gallery: auction without reserve of estimate and set 23 personal records

At the auction of works from the collection of the Saatchi Gallery installation Tracey Emin sold for a record 770,000 dollars

Tracey Emin Meet with my past . 2002
Christie's. 17.10.2013 . Lot 13 ​​
Result: 481.9 thousand pounds ( 770,000 dollars )
Source : christies.com

yesterday in the London office of the auction house Christie's held an unusual auction. In the auction , " think big " sold 50 works from the collection of the legendary Saatchi Gallery , and all the lots had no estimate: nor even the reserve price . Art dealer Charles Saatchi, once acquainted with the world of young British artists , including Damien Hirst and Tracey Emin , has decided to sell part of his collection to bail out funds to support the gallery. And to be precise - the fact of continuing to provide free access to the gallery to the public , and conduct free educational program .

The risk paid off well : already at the pre-auction exhibition was noticeable excitement around these trades - six days into lots of future trading came to watch more than 7,000 people. The result is all the lots were sold , with 23 works set personal records for their authors. Among them - the installation of Tracey Emin " Meet my past" , which is a bed with posts , embroidered curtains and bedspreads. Emin work reached a record for the artist hammer price at 481.9 thousand pounds ( 770,000 dollars) and was the top lot of the auction .

the way, all three of the most expensive work of these trades belong authorship of female artists . During installation Emin followed by a series of six sculptures "She" by Rebecca Warren (Rebecca Warren). For the six figures of unbaked clay, put on the wood boards with wheels , paid 385.8 thousand pounds ( 617,000 dollars) - is also a record price for the artist's work . Completes the top three work "Marta" Belgian artist Berlind de breaker (Berlinde de Bruyckere): anthropomorphic sculpture in wax , resin , metal, wood and glass was sold for 265.9 thousand pounds ( 425,000 dollars ).

total revenues of the auction of works from the Saatchi collection amounted to 3,000,000 pounds ( 4.9 million dollars). Among the buyers of works were not only private collectors , but also cultural institutions , foundations, and so on .

Prepared by Mary Onuchina , AI

Sources : christies.com , artinvestment.ru


Permanent link to:
https://artinvestment.ru/en/news/auctnews/20131018_saatchi_auction_christies.html
https://artinvestment.ru/news/auctnews/20131018_saatchi_auction_christies.html

When quoting reference to the https://artinvestment.ru without fail

© artinvestment.ru, 2024

Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.

Услуги ARTinvestment

Арт-консалтинг

Индивидуальные консультации от опытных искусствоведов по любым вопросам в сфере искусства

Составление Инвестиционного Портфеля

Подбор предметов искусства для инвестирования под любую инвестиционную стратегию

Индивидуальная оценка

Наши эксперты проведут профессиональную оценку вашего предмета искусства, учитывая его состояние, авторство, историю и другие факторы

500+

Проведенных аукционов

8 800+

Зарегистрированных пользователей на аукционе

343 000+

Записей в базе

16 000+

Художников в базе

This site uses cookies, it can collect data about IP addresses and users. N 152-FZ «On Personal Data» and continue working with this site, you confirm your consent to the processing of personal data in accordance with the law N 152-FZ «On Personal Data» and «The policy of LTD «ArtIn» with regard to the processing of personal data».