On October 16, Christie’s London evening auctions of Post-War & Contemporary Art and The Italian Sale realised a record-breaking combined total of £78,729,000 / $121,793,764 / € 106,756,524. Together with the sale of ‘A Visual Odyssey: Selections from LAC (Lambert Art Collection), on Wednesday 14 October, this brings the running total of auctions at Christie’s during Frieze week to £93,704,125 / $144,660,779 / €126,748,315. The Italian Sale reached the highest total for any auction of 20th-century Italian art. The top price of the night was paid for Peter Doig’s, Cabin Essence painted in 1993-4, which sold for £9,602,500 / $14,855,068 / €13,020,990 and follows the record set for the artist at Christie’s last season. Registered bidders from 47 countries across five continents demonstrated the continued strength of the global contemporary art market, with 22 lots selling for over £1 million and 33 for over $1 million.
14 artist records were set on the night across both the Post-War and Contemporary Evening Auction and Italian sale: Nicole Eisenman, Charline von Heyl, Gerald Laing, Albert Oehlen, Jonas Wood, Lynette Yiadom-Boakye and Toby Ziegler, all reached their highest figures alongside Joe Bradley’s Untitled that matched the artist’s current world record at auction. Those established in the Italian Sale included: Vincenzo Agnetti; Gianni Colombo; Luciano Fabro; Giorgio Morandi and Giuseppe Uncini. More highlights included the highest ever price for any Andy Warhol 24-inch Flower painting and a record price for a joint work by Lucio Fontana and Osvaldo Borsani.