POST-SALE RELEASE: 20th Century British and Irish Art Evening Sale

London

CHRISTIE’S EVENING SALE OF

20TH CENTURY BRITISH & IRISH ART INCLUDING THE LORD FORTE COLLECTION OF WORKS BY L.S. LOWRY

REALISES £23.6 MILLION / $37.2 MILLION / €27.6 MILLION

  

  • L.S. Lowry London masterpiece sells for £5.6 million / $8.8 million / €6.6 million – the joint highest price for the artist at auction and for this category
  • 5 works sell for over £1 million / 8 over $1 million
     
  • 2 new records achieved for L.S. Lowry and William Nicholson

London – The inaugural Evening Sale of 20th Century British & Irish Art including The Lord Forte Collection of Works by L.S. Lowry realised £23,625,000/ $37,233,000/ €27,664,875, the highest total for the category at Christie’s, selling 92% by value and 72% by value. The evening’s top price was paid for Piccadilly Circus, London, 1960, by L.S. Lowry (1887-1976) from The Lord Forte Collection of Works by L.S. Lowry which sold for £5,641,250 / $8,890,610/ €6,605,904 (estimate: £4 million to £6 million). A rare and iconic London masterpiece, this equals the record for the artist and the category set at Christie’s in May 2011 when The Football Match, 1949, by L.S. Lowry sold for £5.6 million. Offered for the first time at auction, this painting was last exhibited 35 years ago and drew widespread pre-sale admiration and interest. In total the sale saw 5 works of art sell for £1 million (8 over $1 million).

Philip Harley, Director, Head of 20th Century British & Irish Art, Christie’s London:

“2011 marks an unprecedented year for this category at Christie’s, realising £41,502,500/ $66,355,448 / €48,206,123 to date. This inaugural evening sale – which has set the highest total for the category at Christie’s - clearly highlights the current market’s insatiable appetite for the best 20th Century British & Irish Art and Christie’s continued dominance in the field of L.S. Lowry. We are thrilled that Piccadilly Circus, London, 1960 – the star lot of the exceptional Lord Forte Collection of Works by L.S. Lowry - sold for £5.6 million, setting the joint highest price for the artist and the category. The collection as a whole fetched £17,668,250, far exceeding the pre-sale estimate. The strong prices set by the Ben Nicholson (lot 20) and the Caulfield (lot 37) reflect how this category is increasingly exposed to global collectors who are discovering and appreciating the rich art works of the category. We look forward to the Day Sale on 17 November.”   

Other notable results:

  • 1935 (painting), 1935, by Ben Nicholson, O.M. (1894-1982), sold for £959,650/ $1,512,408/ €1,123,750. This is a key work from this important decade in the artist’s oeuvre.
  • Double Anemones, 1921, by Sir William Nicholson (1872-1949) sold for £265,250/ $418,034/ €310,608, setting a world record price for the artist at auction.
  • Still Life Variations 2, 1969, a refined work by William Scott, R.A. (1913-1989), one of the Irish masters of the 20th century, sold for £385,250, far exceeding the pre-sale estimate of £200,000-300,000.

 

For full results of the sale please click here

 

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 Images available on request

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