Christie's | Fine Art Auction House

Impressionist/Modern Art Evening Sale

  • Sale 5465
  • Impressionist & Modern Art
  • London, King Street
  • 20 June 2012

Christie’s Evening Auction of Impressionist and Modern Art Realises £92.5 Million / $145.5 Million / €114.6 Million

Global collectors demonstrate healthy appetite for rare works of art

27 works sell for over £1 million / 36 for over $1 million

Artist records set for Giorgio Morandi and Kurt Schwitters

The Impressionist and Modern Art Evening Sale at Christie’s London on 20 June 2012 realised £92,583,550 / $145,541,341/ € 114,618,435, selling 80% by lot and 84% by value. The auction had a pre-sale estimate of £74.5 million to £108.7 million. The top price was paid for Femme assise, 1949, by Pablo Picasso (1881-1973) which sold for £8,553,250/ $13,445,709/ €10,588,924 (estimate: £5 million to £7.5 million). In total, 27 works of art sold for over £1 million / 36 for over $1 million, and two artist records were set.

Sale Total including Buyer’s Premium: Sale Total including Buyer’s Premium: 92,583,550 (GBP)