ROY LICHTENSTEIN’S I CAN SEE THE WHOLE ROOM!…AND THERE'S NOBODY IN IT! FETCHES $43,202,500 (£26,785,550 / €31,105,800)
A WORLD AUCTION RECORD FOR THE ARTIST
PART ONE OF THE CELEBRATED PETER NORTON COLLECTION
TOTALS $26.8 MILLION, 100% SOLD BY LOT
16 NEW WORLD AUCTION RECORDS, INCLUDING ROY LICHTENSTEIN, PAUL McCARTHY, LOUISE BOURGEOIS, ANDREAS GURSKY, AND MORE
NEW WORLD RECORD FOR ANY PHOTOGRAPH AT AUCTION
NEW RECORD PRICES FOR TOP WOMEN ARTISTS: LOUISE BOURGEOIS, SOPHIE CALLE, MONA HATOUM, BARBARA KRUGER, VIJA CELMINS
STRONG RESULTS ACHIEVED FOR ICONIC WORKS BY BLUE-CHIP AMERICAN ARTISTS ANDY WARHOL, JIM HODGES, CHRISTOPHER WOOL, GLENN LIGON, MIKE KELLEY, ROBERT GOBER, CHRISTIAN MARCLAY, FRED TOMASELLI
New York, 8 November 2011 — Christie’s Post-War and Contemporary Art Evening Sale, including the first part of the Peter Norton Collection, achieved $247,597,000 (£153,510,140/ €178,269,840) demonstrating the continuing appeal of this category among collectors worldwide. Thirty-three works sold for over the $1 million mark and 16 new world auction records were established for artists including Roy Lichtenstein, Paul McCarthy, Charles Ray, Louise Bourgeois, among others. In total, sell-through percentages were very strong, with 90% sold by lot and 87% by value.
The top lot of the sale was Roy Lichtenstein’s, I Can See the Whole Room…and There's Nobody in It!, which set a new auction record of $43,202,500 (₤26,785,550/€31,105,800). Painted in 1961, it is one of the earliest and most important of Lichtenstein's Pop Art pictures, formerly in the collection of the pioneering collectors Emily and Burton Tremaine. The previous record for a Lichtenstein work was for Ohhh ... Alright..., 1964, sold at Christie’s New York in November 2010 for $42.6 million.
“This is an extremely strong sale result, with great depth of bidding across multiple genres and periods, from the great giants of Pop Art to the strongest artists of the 1990s and the 2000s,” said Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art at Christie’s. “The world’s top ten collectors were present in the saleroom tonight, and a global community of collectors was bidding aggressively on works by the pre-eminent artists in this category – from Lichtenstein to Bourgeois, Ligon to McCarthy, Gursky to Ray. We are delighted to report more than a dozen new records for many well-deserving artists, and a new top price for any photograph sold at auction.”
The sale got off to a strong start with Part I of the Collection of Peter Norton, the Los Angeles collector and software entrepreneur. Eager bidders snapped up each one of the 26 lots offered, driving prices to new auction records for nine artists. The star lot of the Collection was Paul McCarthy’s Tomato Head (Green), a life-size re-interpretation of a child’s toy, with interchangeable body parts. After a bidding battle involving multiple clients in the room and on the phone, the work sold for $4,562,500 (£2,828,750/€3,285,000), setting a new auction record for the artist.
Further highlights from the Peter Norton Collection included Robert Gober’s Prison Window, an installation work, which sold for $3,386,500 (£2,099,630/€2,438,280), and Charles Ray’s Table, a multimedia sculpture, which fetched $3,106,500 (£1,926,030/€2,236,680) – a new world auction record for the artist. The Collection also featured the provocateur Maurizio Cattelan, whose Untitled, a miniature replica of a commercial elevator, achieved $1,022,500 (₤633,950/€736,200).
In the main portion of the Evening Sale, strong prices were achieved for Mark Rothko’s White Cloud, which sold for $18,562,500 (₤11,508,750/€13,365,000) and two works by Andy Warhol: Silver Liz, a luminous portrait of Elizabeth Taylor, which sold for $16,322,500 (₤10,119,950/€11,752,200), and Four Campbell’s Soup Cans, painted in 1962, which realized $9,826,500 (₤6,092,430/€7,075,080).
Among the themes and trends that emerged during the sale was the strong demand for works by top women artists, led by Louise Bourgeois, Sophie Calle, Barbara Kruger, Vija Clemins, Kara Walker, and Mona Hatoum. Louise Bourgeois’s 21-foot wide bronze, Spider, soared beyond its pre-sale estimate of $4-6 million to achieve a new world auction record for the artist at $10,722,500 (£6,647,950/€7,720,200). The price stands among the highest prices ever achieved at auction for a work by a female artist, exceeding the record price by GBP of £6.4 million set for Natalia Goncharova’s Espagnole at Christie’s London in 2010, and narrowly missing the record price by USD of $10.86 million set for Goncharova’s Les Fleurs at Christie’s London in 2008.
In addition to the new world auction records for Lichtenstein and Bourgeois, new records were established for the following artists, including:
Additional records were established for a specific medium, including:
The Post-War and Contemporary Art sales will continue tomorrow with a Morning and Afternoon session, starting at 9:30am with “New Day” - Artists for Japan, Part II of the Peter Norton Collection, the Annick and Anton Herbert Collection, and the various owners sale.
Complete results of the Post-War and Contemporary Art series will be available upon conclusion of the Day sales on November 9.
Related Departments Post-War & Contemporary Art