WRAP-UP RELEASE: CHRISTIE’S LONDON JUNE AUCTIONS OF POST-WAR & CONTEMPORARY ART REALISE £148.2 MILLION / $231.4 MILLION / €185.1 MILLION

The highest total for any sale of Post-War & Contemporary Art ever held at any auction house in Europe. Strong Day Sale results illustrate demand at every level of market

London

Christie's June auctions of Post-War & Contemporary Art in London realised £148,283,125 ($231,469,957 / €185,159,232) - the highest total for any sale of Post-War & Contemporary Art ever held at any auction house in Europe.

The evening auction obtained a record total of £132,819,400 ($207,331,083 / €165,891,431).
The top price of the week was paid for Yves Klein’s Le Rose du bleu (RE 22), which sold for £23,561,250 ($36,779,111 / €29,428,001) – a world record price for a French post-war artist at auction.
In total, 4 works sold for over £10 million (5 lots for over $10 million), 6 for over £5 million (9 lots for over $5 million), 21 lots sold for over £1 million (30 lots for over $1 million).

The day auction fetched a strong result of £15,463,725 ($24,138,874 / €19,267,801).
The 56 lots sold at the day auction to benefit the Kunsthalle Zürich totalled £2,837,950 ($4,430,039 / 3,536,085).
The 37 works from A Kind of Blue - Property from the Siggi and Sissy Loch Charitable Foundation sold at both the evening and the day auctions for £4,554,925 ($7,110,237 / €5,685,050).

Francis Outred, Christie's Head of Post-War & Contemporary Art, Europe
: “We are now operating in a truly global art market where the demand for masterpieces defines the collector’s passion. The very special place in art history and unique nature of works such as the Francis Bacon, Study for Self Portrait or Yves Klein’s Le Rose du Bleu is hard to quantify in value. Price knows no barrier if a work has the magic, be it by an established master or a young emerging artist. Bidders and buyers from most continents are seeking to build collections of the highest quality and our outstanding results this week show that Europe is reinforcing its role as a global market centre for the greatest post-war and contemporary art”.

 

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 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.