POST-SALE RELEASE: CHRISTIE’S JUNE AUCTIONS OF IMPRESSIONIST AND MODERN ART REALISE £111.6 MILLION / $189.8 MILLION / €139.3 MILLION

London

 

 

Top price of the sale series – £ 13.9 million

for Kurt Schwitters’ record breaking Ja – Was? – Bild (‘Yes-What?-Picture’)  

 

22 works sell for over £1 million / 33 for over $1 million

 

London – Christie’s auctions of Impressionist and Modern Art in London between 24 and 27 June realised £111,621,013 /$189,859,731 /€139,378,613, demonstrating the continuing demand and international participation from new and established buyers at every price level of the market. The top price from the series of sales was paid for Ja – Was? – Bild (‘Yes-What?-Picture’), 1920, by Kurt Schwitters which sold for £13,970,500/$23,777,791/ €17,463,125 setting a new world record price for the artist at auction (estimate: £4-6 million, pictured above left). In total, 22 lots sold for over £1 million (33 for over $1 million). Alongside the week of Impressionist and Modern sales were the Modern British and Irish Art sales, highlighting the increasing cross-over between collectors in these categories. Together the sales this week realised a combined total of £136,270,613 / $231,736,067/ €170,042,715. Christie’s first online-only sale of small-scale sculpture by Impressionist & Modern artists and Modern British artists ‘Small is Beautiful: The Online Modern Sculpture Sale’ opened on 20 June and will close for bidding on 3 July; the works on offer date from 1892 to the present day with estimates ranging from £800 to £100,000 (please click here for the separate press release).

 

Please find a table of results below with the auction totals:

                                                                             £                                  $                                  €         

Impressionist & Modern Evening Auction                  £85,784,000                  $146,004,368                 €107,230,000          

 

Impressionist & Modern Works on Paper                  £7,458,425                  $12,671,864                €9,278,281     

 

Impressionist & Modern Day Sale                            £15,355,400                $26,042,758                €19,102,118   

 

Picasso Ceramics                                                     £1,549,625                  $2,631,263                  €1,927,734             

 

Impressionist & Modern, South Kensington                £1,473,563                    $2,509,478                     €1,840,480

                                            

                                                       TOTAL:               £111,621,013                 $189,859,731                 €139,378,613

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.