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

Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Founded in 1766 by James Christie, Christie's has conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie’s also has a long and successful history conducting Private Sales for clients and online sales are offered year-round across all categories. Christie’s global presence is spread across a network of international salerooms and 61 representatives and offices. Christies.com provides detailed articles and videos on the objects offered for sale alongside the latest advances in digital viewing tools to make Christie’s accessible to all.

*Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue.

*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and are reported net of applicable fees.