Morning and Afternoon Sessions Realize A Combined Total of $76,827,300 (£47,632,926/ €59,157,021) With Seven World Auction Records
Works from the Pincus Collection (Evening and Day Sales) Totaled $180 Million, the Most Expensive Collection of Post-War and Contemporary Art Ever Sold
Jonathan Laib, Specialist Post-War and Contemporary Art department, Head of Morning sales, commented: “Our May 9 morning session sale of Post-War and Contemporary Art presented a dynamic, high-quality mix of artists, styles, and movements that was met with vigorous bidding from clients around the world. The exceptional sell-through rates from our Evening Sale carried through to this morning, with 88% sold by lot and 91% sold by value. Great prices were achieved for modern masters such as Andy Warhol, Cy Twombly and Wayne Thiebaud, and the appetite for mobiles, standing mobiles, stabiles, work on paper and jewels by Alexander Calder was apparent, with all the lots more than doubling their pre-sale estimates. The Pincus Collection, which has already set a new auction record for the most valuable contemporary collection last evening, brought in an additional $5 million, with 25 lots including sculptures by de Kooning, mural study by Robert Motherwell and photographs by Nan Goldin and Andres Serrano.