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  • Press release
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  • Paris
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  • For immediate release
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  • 24 June 2022

Hubert de Givenchy collectionneur 

THE TRIBUTE SALE ENDS IN SUCCESS 

€118.1Million / $123.7Million / £101.9MILLION 

 « Avec le recul, je dirais volontiers que j’ai réalisé deux carrières, celle de couturier et celle d’amateur d’art ». Hubert de Givenchy 

Paris – For 16 days, from 8 to 23 June 2022, Hubert de Givenchy's exceptional collection made le goût français and Paris shine throughout the world. This sale is a beautiful tribute to an exceptional collector who faithfully accompanied Christie's France for 25 years. With 1229 lots, 6 days of pre-sale exhibition, 10,000 visitors, 6 auctions, more than 30 hours of live auctioneering, conducted by 6 auctioneers, more than a million people connected on Christie's social networks for the opening sale on 14 June, this sale will be  always remembered as a milestone, not only in Christie’s history.

AN INTERNATIONAL APPEAL FOR LE GOÛT GIVENCHY

- Worldwide participation: bidders from 48 countries and buyers from 34 countries

- Geographical breakdown by buyers: 68% from EMEA, 27% AMERICAS and 5% APAC.

A SALE CONFIRMING THE RESILIANCE OF THE ART MARKET

- Total: €118,116,172 / $123,694,746 / £101,932,654 – doubling the low pre-sale estimate

- 27% of new bidders and 24% of new buyers

- 14% of new registrants were millennials

- Online sale: tripled its low pre-sale estimate due to more than 1000 registrants

- 85% of all lots sold above high pre-sale estimate

- 5 lots sold above €5 Million (see below Top 10 for details), and 20 lots above €1 Million

- Top lot: la Femme qui marche [I] by Alberto Giacometti sold for €27 Million, becoming the most expensive lot sold in France to date in 2022

- 19 new world auction records set – mainly for classic works of art

RESULTS RE-DEFINE MAKRET FOR 18th CENTURY FURNITURE AND ART

- 85% of all lots dated from the 18th Century and sold at above 95%

- Seminal moment for 18th Century Furniture Market: Of the Top 10 works sold, 5 were for 18th century furniture and decorative arts and 5 for modern works of art

Portrait of Hubert de Givenchy by Victor Skrebneski

About Christie’s

Founded in 1766, Christie’s is a world-leading art and luxury business. Renowned and trusted for its expert live and online auctions, as well as its bespoke private sales, Christie’s offers a full portfolio of global services to its clients, including art appraisal, art financing, international real estate and education. Christie’s has a physical presence in 46 countries, throughout the Americas, Europe, Middle East, and Asia Pacific, with flagship international sales hubs in New York, London, Hong Kong, Paris and Geneva. It also is the only international auction house authorized to hold sales in mainland China (Shanghai).

Christie’s auctions span more than 80 art and luxury categories, at price points ranging from $200 to over $100 million. In recent years, Christie’s has achieved the world record price for an artwork at auction (Leonardo da Vinci’s Salvator Mundi, 2017), for a 20th century artwork (Andy Warhol’s Shot Sage Blue Marilyn, 2022) and for a work by a living artist (Jeff Koons’ Rabbit, 2019). Christie's is also recognised as a reference for prestigious single owner collections, having auctioned 8 of the 10 most important collections in history.

Christie’s Private Sales offers a seamless service for buying and selling art, jewellery and watches outside of the auction calendar, working exclusively with Christie’s specialists at a client’s individual pace.

Recent innovations at Christie’s include the groundbreaking sale of the first NFT for a digital work of art ever offered at a major auction house (Beeple’s Everydays, March 2021), with the unprecedented acceptance of cryptocurrency as a means of payment. As an industry leader in digital innovation, Christie’s also continues to pioneer new technologies that are redefining the business of art, including use of hologram technology to tour life-size 3D objects around the world, and the creation of viewing and bidding experiences that integrate augmented reality, global livestreaming, buy-now channels, and hybrid sales formats. 

Christie’s is dedicated to advancing responsible culture throughout its business and communities worldwide, including achieving sustainability through net zero carbon emissions by 2030, and actively using its platform in the art world to amplify under-represented voices and support positive change.

Browse, bid, discover, and join us for the best of art and luxury at: www.christies.com or by downloading Christie’s apps. The COVID-related re-opening status of our global locations is available here.