On 13 and 14 February Christie’s Auctions of Post-War & Contemporary Art in London welcomed new and established bidders in their 20s through to their 80s who competed for works at every price level, resulting a combined total of £96,306,275 / $150,418,090 / €111,575,060. Buyers from 33 countries on 5 continents, demonstrate a truly global appetite for the category. In total, 19 works sold for over £1 million (27 for over $1 million).
The top lot of the Day Auction was Robert Indiana’s Love, which sold for £565,250 / $876,137 / €653,429 (lot 192; estimate: £450,000-550,000; illustrated above right).
Darren Leak and Beatriz Ordovas, Co-Heads of the Day Auction: “Christie’s London day auction of Post-War & Contemporary Art reconfirmed the depth of the bidding activity we saw during the evening sale. Buyers from 33 different countries on five continents competed eagerly, setting five new world auction records, including those for Carroll Dunham and Nate Lowman. The Property of a Distinguished Lady performed particularly well, along with the works from the estate of Fiona Logsdal, which was 100% sold. Offered over both the evening and the day auctions, a selection of 71 works from the renowned collection of Mrs. Ingvild Goetz totaled £6.7 million, tripling its pre-sale estimate. An additional 53 lots from the Goetz collection will be offered at Christies South Kensington on 17 April 2013.”