RESULTS: Impressionist & Modern Art Day and Works on Paper Sales

TWO-DAY SERIES OF IMPRESSIONIST & MODERN ART SALES AT CHRISTIE’S TOTAL $325,845,625 (£192,248,919/ €234,608,850) DAY & WORKS ON PAPER SALES ACHIEVE $39.9 MILLION, FOLLOWING TUESDAY’S EVENING SALE, WHICH REALIZED $285.9 MILLION

New York

Impressionist and Modern Day & Works on Paper Sales

 New York, 7 May 2014, Sale #2845 and #2846

[All sold prices include buyer’s premium]

 

202 lots sold

Total: $39,966,625/ £23,580,309/ €28,775,970

  79% sold by lot

255 lots offered

£0.59= $1 / €0.72=$1

83% sold by value

Lot

Description

Estimate ($)

Price Realized

Buyer

314

Pablo Picasso, Buste de femme, oil on canvas,

Painted on 1 May 1944

800,000 - 1,200,000

$2,741,000

£1,617,190

€1,973,520

Anonymous

267

Vincent van Gogh, Oude Toren bij Zonsondergang,

oil on canvas, Painted in Nuenen in August 1884

800,000 - 1,200,000

$1,925,000

£1,135,750

€1,386,000

Anonymous

288

Kees van Dongen, Fillette au bois, Le petit cheval rose,

oil on canvas

1,000,000 - 1,500,000

$1,925,000

£1,135,750

€1,386,000

European Private

238

Henri Laurens, La Négresse,

bronze with brown patina, Conceived in 1934

600,000 - 800,000

$1,325,000

£781,750

€954,000

European Private

328

Marc Chagall, Les amoureux au visage vert,

oil on canvas, Painted in 1964

800,000 - 1,200,000

$965,000

£569,350

€694,800

US Private

138

Paul Klee, Barbarische Komposition, watercolor and gouache on paper laid down on card, Executed in 1918

700,000 - 1,000,000

$821,000

£484,390

€591,120

European Private

217

Auguste Rodin, Le Baiser, 2ème réduction dit aussi no 4,

bronze with dark brown patina, Conceived in 1886; this bronze version cast between 1914 and 1918

700,000 - 1,000,000

$785,000

£463,150

€565,200

UK Trade

274

Raoul Dufy, Nogent-sur-Marne,

oil on canvas, Painted in 1934

500,000 - 700,000

$761,000

£448,990

€547,920

European Trade

146

Paul Cézanne, Rochers à Bibémus, watercolor over pencil on paper, Drawn circa 1895-1900

500,000 - 700,000

$725,000

£427,750

€522,000

Trade

345

Henri Edmond Cross, Ponte Moro, Rio Grimani (Venise), oil on canvas, Painted in September 1903-January 1904

500,000 - 700,000

$725,000

£427,750

€522,000

US Private

David Kleiweg de Zwaan, Head of the Works on Paper Sale, noted, “We are delighted with the results of the Day and Works on Paper sales. Bidders flocked to works from the season’s leading collections: among the top lots in the Works on Paper sale were an outstanding example of Paul Cézanne’s late style, Rochers à Bibémus, from the collection of the former director of the National Gallery of Art, J. Carter Brown, which realized $725,000, and a beautiful Marc Chagall watercolor depicting an Aesop fable from the Estate of Edgar M. Bronfman.”  Maxwell Carter, Head of the Day Sale, commented, “International interest drove strong results in the auction, the highest-grossing Day Sale at Christie’s, New York since 2007.  Four works sold in excess of $1 million, including Picasso’s wartime painting Buste de Femme, which more than doubled its estimate, netting $2,741,000, and Kees van Dongen’s Fillette au bois, from the Estate of Edgar M. Bronfman, which went for $1,925,000, matching the result for an early Van Gogh landscape, Oude Toren bij Zonsondergang. We look forward to the upcoming Impressionist and Modern Art sales in London in June and New York in November for which exciting property has already been secured.”

PRESS CONTACT: Jaime Bernice| +1 212 636 2680| jbernice@christies.com

The Impressionist & Modern Art Series continues with the sale of Impressions In Clay: Pablo Picasso Ceramics Featuring Property From The Estate Of Edgar M. Bronfman, which is open for bidding until 16 May.

Estimates do not include buyer’s premium.

Sales totals are hammer price plus buyer’s premium and do not reflect costs, financing fees or application of buyer’s or seller’s credits.

             

 

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