POST SALE REPORT: THE RICHARD AVEDON SALE FROM THE RICHARD AVEDON FOUNDATION SETS A NEW AUCTION RECORD FOR A PHOTOGRAPHS SALE IN FRANCE WITH €5,467,250 /£4,674,499 /$7,495,600

Paris

CHRISTIE’S SETS NEW WORLD AUCTION RECORD OF
€841,000 /£719,055/1,153,011
FOR RICHARD AVEDON, DOVIMA WITH ELEPHANTS

Avedon: Photographs from The Richard Avedon Foundation
November 20, 2010

The sale of Richard Avedon realized €5,467,250 /£4,674,499 /$7,495,600, selling 100% by lot and 100% by value with a pre-sale estimate of €3-5 million ($3.7 million- $6 million). Buyer breakdown (by lot / by origin) were 57% Europe and 42% Americas.

“We are delighted not only to have achieved an enormous success on behalf of the Richard Avedon Foundation but also to have initiated our annual program of Photographs sales in Paris with this event. We look forward  to announce our schedule for photographs sales for 2011” said Joshua Holdeman, International Director of 20th Century Art, and Matthieu Humery International Specialist, and Head of the Photographs Department in Paris.   

The 65 Avedon photographs was representing not only the largest ensemble of his works to ever hit the market, but also offered several unique and extremely rare items.  The auction totaled Proceeds will initiate The Richard Avedon Foundation’s endowment in support of its philanthropic mission.

The evening’s top price of €841,000 / £719,055 / $1,153,011 - a world auction record for Richard Avedon – was achieved for Dovima with elephants, evening dress by Dior, Cirque d’Hiver, Paris, his best-known image from Paris, The print offered was the largest exhibition print in existence, shown during the national tour of Avedon’s 1978 Metropolitan Museum of Art fashion retrospective. This photograph has been sold to the Maison Christian Dior.

Another highlight was The Beatles Portfolio, London, England, which fetched €445,000/£380,475/$610,095, the second highest price archived for photograph from the artist at auction. The Beatles Portfolio was an Avedon’s well-known but rarely available set of four psychedelic portraits of John Lennon, George Harrison, Paul McCartney and Ringo Starr. Other highlight from the sale included Avedon’s classical, vintage print of his iconic portrait of Marilyn Monroe, sold for €169,000 / £144,495 / $231,699.

About Christie’s

Christie’s, the world's leading art business, had global auction, private and digital sales in first half of 2017 that totalled £2.35 billion / $3 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

Alongside regular sales online, Christie’s has a global presence in 46 countries, with 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, Hong Kong, and Shanghai.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.