RESULTS: Post-War and Contemporary Art

Post-War and Contemporary Art
South Kensington – Thursday, 25 March 2010
Sale no: 5537 – Top Three
[All sold prices include buyer’s premium]

 

Sold:

£1,242,350

$1,854,829

€1,390,190

Lots Sold: 108

Lots Offered: 143

Sold by Lot: 76%

Sold by £: 89%

Exchange Rate£:= $1.493  /  €1.119

  

Lot 

Description

 

Estimate (£)

 

Purchase Price

 Buyer

33

MARLENE DUMAS (B. 1953)
Dancer, 1999

100,000-150,000

£253,250 $378,102
€283,387

European Private

46

PAUL THEK (1933-1988)
Untitled (Meat Cable), 1969
WORLD RECORD PRICE FOR THE ARTIST AT AUCTION

80,000-120,000

£85,250 $127,278
€95,395

European Private

93

TOM WESSELMANN (1931-2004)
Little Seascape #5, 1965

20,000-30,000

£79,250 $118,320
€88,681

US Private

 

 

Comment: Darren Leak, Specialist and Head of Sale said:

“We are very pleased with the results of the Post-War and Contemporary Art sale which follows the successful sales earlier this year at King Street as well as the New York First-Open sale held earlier in March.

My particular highlight from the sale is the price realised for Paul Thek’s ‘Untitled (Meat Cable)’ which sold for £85,250. This rare and very important work is by an artist whose work isn’t generally known to the wider art world, but this world record price achieved for the artist at auction demonstrates the demand for less mainstream post-war and contemporary pieces. Works by the original “YBAs” such as Keith Coventry and Gary Hume also encouraged fierce bidding and achieved great prices.

We thoroughly enjoyed experimenting with the auction process by offering for the first time at auction ever, a purely conceptual work of art. ‘Fiction on Auction’ by Goldin + Senneby realized £5,625, and the buyer will become evident when the third installment of the project is realised.”

 

Press Contact:

Leonie Ashfield                     020 7752 3121                      lashfield@christies.com  

Next Sale Dates:

Post-War and Contemporary Art Evening Sale – New York, 11 May 2010
Post-War and Contemporary Art Day Sales – New York, 12 May 2010

Post-War and Contemporary Art Evening Sale – King Street, 30 June 2010
Post-War and Contemporary Art Day Sale – King Street, 1 July 2010

Post-War and Contemporary Art – South Kensington, 14 September 2010

 

 

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