Archive for the 'Auction Results' Category

AO Auction Recap – London: Sotheby’s Contemporary Art Evening Sale, February 10th, 2016

Wednesday, February 10th, 2016

Lucian Freud, Pregnant Girl (1960-61), via Sotheby's
Lucian Freud, Pregnant Girl (1960-61), via Sotheby’s

The London Contemporary Auctions continued its mixed run this week, as Sotheby’s concludes this evening’s entry to mixed results.  The 59-lot sale saw 11 works go unsold,not to mention a number of high-profile withdrawn lots, bringing a final tally of £69,461,000, a figure that sat squarely within the auction house’s presale estimates.  Of particular note in the early moments of the sale was the withdrawal of the evening’s star Gerhard Richter lot, a move that left the auction house with a considerable gap in its initial estimates.  Even so, the auction room was practically buzzing as the sale got underway.

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AO Auction Recap – London: Phillips 20th Century and Contemporary Evening Sale, February 9th, 2016

Wednesday, February 10th, 2016

Piero Manzoni, Achrome (1958), via Phillips
Piero Manzoni, Achrome (1958), via Phillips

The week of Contemporary Sales is now underway in London, after Phillips concluded its first major auction of 2016, its “20th Century and Contemporary Art,” to uneven results this past evening, seeing 9 of 43 lots going unsold, and a final total of £24,590,500.  Sales were decidedly reluctant this evening, despite the sale’s strong sell through this evening.  Many works lingered at low estimate, or only achieved the low with the added premium and fees, a note that underscores realistic estimates set by Phillips, but perhaps a far less rabid buying market.

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AO Auction Recap – London: Impressionist, Modern and Surrealist Sales, February 3rd, 2016

Thursday, February 4th, 2016

Pablo Picasso, Tête de Femme (1935), via Sotheby's
Pablo Picasso, Tête de Femme (1935), via Sotheby’s

The first week of February’s auctions concluded last evening, following a difficult set of sales at Sotheby’s that saw tepid, occasionally concerning results, with 13 of the 37 Impressionist and Modern works going unsold, bringing a total of £78,308,000, while the auction house’s small but impressive selection of 16 Surrealist pieces saw 2 go unsold, bringing the modest sale a tally of £14,860,500. (more…)

AO Auction Recap – London: Christie’s Impressionist, Modern and Art of the Surreal Evening Sales, February 2nd 2016

Tuesday, February 2nd, 2016

Max Ernst, The Stolen Mirror (1941), via Christie's
Max Ernst, The Stolen Mirror (1941), via Christie’s

A marathon night has concluded at Christie’s this evening, following the auction house’s back to back sales of premier works. The sale provided an solid start to 2016’s winter and spring seasons of sales, and sends an indication of the market’s stability moving forward, even if the astronomical prices of the recent past were notably absent.  All told, the Impressionist and Modern Sale saw a respectable outing, with 12 of the 50 lots on sale going unsold, and reaching a total of £66,430,000, while the Surrealist auction immediately after achieved £29,487,100, with 10 unsold lots.

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AO Auction Recap – New York: Christie’s Impressionist and Modern Evening Sale, November 12th, 2015

Friday, November 13th, 2015

René Magritte's Miroir Universel sells over estimate, via Rae Wang for Art Observed
René Magritte’s Miroir Universel sells over estimate for$6,661,000, via Rae Wang for Art Observed

The November auctions are over, as Christie’s capped its final major evening sale of the year to strong results, with 13 lots going unsold out of the 62 offered, tallying a final of $145,545,000. (more…)

AO Auction Recap – New York: Sotheby’s Post-War and Contemporary Evening Sale, November 11th, 2015

Wednesday, November 11th, 2015

Cy Twombly, Untitled (New York City) (1968), via Sotheby's
Cy Twombly, Untitled (New York City) (1968), via Sotheby’s

Tonight Sotheby’s has logged its response to Christie’s moderate outing last evening, as the auction house’s Post-War and Contemporary Evening Sale saw steady, albeit occasionally slow proceedings, bringing a final sales tally of $294,850,000 with 13 of the 57 lots offered going unsold. (more…)

AO Auction Recap – New York: Christie’s Post-War and Contemporary Evening Sale, November 10th, 2015

Wednesday, November 11th, 2015

Louise Bourgeois, Spider (1997), Art Observed
Louise Bourgeois, Spider (1997), via Rae Wang for Art Observed

Christie’s continued its impressive run of record-setting sales last night, with a steady, competitive sale tonight that ultimately brought a final tally of $331,809,000, with 13 of the 70 lots offered passing (barring several withdrawn, high-priced lots).  (more…)

AO Auction Results – New York: Christie’s “The Artist’s Muse” Curated Sale, November 9th, 2015

Tuesday, November 10th, 2015



Amedeo Modigliani’s Nu Couché sells at Christie’s, via Rae Wang for Art Observed

Dashing through a 34-lot auction in style, Christie’s has entered the November auction week in impressive style, bringing a flurry of sales during its curated “The Artist’s Muse” auction tonight that saw several world records fall, and achieved an impressive tally of over $491 million for the evening, especially considering the 10 lots that failed to sell.

Amedeo Modigliani, Nu Couché (1917-18), via Christie's
Amedeo Modigliani, Nu Couché (1917-18), via Christie’s (more…)

AO Auction Recap – New York: Phillips 20th Century and Contemporary Evening Sale, November 8th, 2015

Monday, November 9th, 2015

Willem de Kooning, Untitled XXVIII (1977), via PhillipsWillem de Kooning, Untitled XXVIII (1977), via Phillips

Sales resumed for New York’s fall auction weeks yesterday evening, as a Sunday sale at Phillips combined early 20th Century works and contemporary artists in a brisk sale that began strong but stumbled towards the later half of the sale, as 9 of 52 lots ultimately went unsold, achieving a final tally of $66.9 million (just within estimate). (more…)

AO Auction Results – New York: Sotheby’s Impressionist and Modern Evening Sale, November 5th, 2015

Friday, November 6th, 2015

Pablo Picasso, La Gommeuse (1901), via Sotheby's
Pablo Picasso, La Gommeuse (1901), all photos via Sotheby’s

The first week of sales is in the books in New York, as Sotheby’s concluded its Impressionist and Modern Evening Sale last night, following up on a somewhat lackluster sale the prior evening with a briskly paced sale and solid results that lost momentum in the late minutes of the event, ultimately selling 36 of 47 lots for a final tally of $306,712,000. (more…)

AO Auction Recap – New York: Sotheby’s Taubman Masterworks Sale, November 4th, 2015

Wednesday, November 4th, 2015

Frank Stella, Delaware Crossing (1961), via Sotheby's
Frank Stella, Delaware Crossing (1961), via Sotheby’s

The New York auction weeks are underway in New York, following the conclusion of a lackluster sale at Sotheby’s this evening, where the premier works from the estate of Alfred A. Taubman took the block, spread across a 77-lot auction that saw 8 works fail to find a buyer, including several top lots, while reaching an underwhelming auction tally (given the presale estimate of $500 million) of $377,034,000, with a considerable percentage of works selling well below estimate. (more…)

AO Auction Recap – London: Christie’s Contemporary Evening Sale, October 16th, 2015

Friday, October 16th, 2015

Peter Doig, Cabin Essence (1993-1994), via Christie's
Peter Doig, Cabin Essence (1993-1994), via Christie’s

The sales have concluded in London tonight, after Christie’s capped a tightly run 54-lot auction that saw a final tally of £35,562,500, with 9 lots going unsold. (more…)

AO Auction Recap – London: Sotheby’s Contemporary Evening Sale, October 15th, 2015

Thursday, October 15th, 2015

Jean-Michel Basquiat, Untitled (The Black Athlete) (1982), via Sotheby's
Jean-Michel Basquiat, Untitled (The Black Athlete) (1982), via Sotheby’s

Another evening of auctions sales has come and gone as Sotheby’s concluded its Contemporary Evening Sale in London tonight, a fast-paced event that saw brisk sales and strong interest until the late lots, with 15 works of the 53 lot sale going unsold, and bringing in a total of £36,351,250. (more…)

AO Auction Recap – London: Phillips Contemporary Evening Sale, October 14th, 2015

Wednesday, October 14th, 2015

Cy Twombly, Untitled (2006), via Phillips
Cy Twombly, Untitled (2006), via Phillips

The sales have concluded tonight at Phillips London, as the auction house capped a procedural yet impressively consistent outing, seeing a white glove sale where all 36 lots sucessfully found a buyer, bringing a final total tally of nearly £32 million for the night. (more…)

AO Auction Recap – London: Sotheby’s Contemporary Evening Sale, July 1st, 2015

Wednesday, July 1st, 2015

Andy Warhol, One Dollar Bill (1962), via Sotheby's
Andy Warhol, One Dollar Bill (1962), via Sotheby’s

The results are in for Sotheby’s Evening Sale tonight, drawing the first half of the 2015 market year to a close with a mixed sale that saw impressive strength in unexpected places and a number of major letdowns at the higher end of the sale, ultimately closing on a final tally of £130,376,500, well shy of the £203 million mark the auction house had trumpeted earlier this month, with 9 of the 58 lots going unsold. (more…)

AO Auction Recap – London: Christie’s Post-War and Contemporary Evening Sale, June 30th, 2015

Tuesday, June 30th, 2015

Francis Bacon, Study for Head of Isabel Rawsthorne and George Dyer (1967), via Christie's
Francis Bacon, Study for Head of Isabel Rawsthorne and George Dyer (1967), via Christie’s

Another auction come and gone for Christie’s tonight in London, and another set of strong results, as the auction house capped a 76 lot sale to the tune of £95,646,500, meeting expectations, and setting several records for non-blue chip artists along the way, with 10 lots going unsold, including a string of Gerhard Richter works that may signal a downturn in the artist’s market popularity. (more…)

AO Auction Recap – London: Phillips Contemporary Evening Sale, June 29th, 2015

Monday, June 29th, 2015

Ai Weiwei, Circle of Animals (2010), via Phillips
Ai Weiwei, Circle of Animals/Zodiac Heads (2010), via Phillips

Sales have concluded at tonight’s Contemporary and Post-War Evening Sale at Phillips Auction House in London, capping a strong outing by the company that saw 10 of the 53 lots going unsold.  With somewhat sluggish proceedings and a few surprises, the auction seems to be something of a stumble in Phillips’ attempts to challenge the larger auction houses this week.

Sigmar Polke, Carnival (1979), via Phillips
Sigmar Polke, Carnival (1979), via Phillips (more…)

AO Auction Recap – London: Sotheby’s Impressionist and Modern Evening Sale, June 24th, 2015

Wednesday, June 24th, 2015

Kazimir Malevich, Suprematism, 18th Construction (1915), via Sotheby's
Kazimir Malevich, Suprematism, 18th Construction (1915), via Sotheby’s

The Impressionist and Modern sale has concluded at Sotheby’s tonight, with 51-lot sale that failed to live up to the auction house’s pre-sale proclamations of a record breaking sale.  The auction brought a final total of £178,590,000, falling just shy of the £186.44 million record for London auctions it was expected to beat. (more…)

AO Auction Recap – London: Christie’s Impressionist and Modern Evening Sale, June 23rd, 2015

Tuesday, June 23rd, 2015

Claude Monet, Iris Mauves (1914-1917), via Christie's
Claude Monet, Iris Mauves (1914-1917), via Christie’s

The London summer auctions are underway, after Christie’s opening sale this evening at its King Street location, a steady if somewhat relaxed sale that seemed a markedly subdued affair compared to the fireworks the auction house saw last month in New York.  Capping the 52-lot sale with a final tally of £71,461,000, the evening was still a strong entry in the auction house’s recent outings.  Despite lackluster bidding, the sale achieved a remarkably strong sell-through rate, with only 8 works going unsold.  The auction house seemed content to let a number of works go just below estimate, continuing a commitment to a sales-first strategy outgoing president Steven Murphy had outlined late last year. (more…)

AO Auction Recap – New York: Phillips Contemporary Evening Sale, May 14th, 2015

Thursday, May 14th, 2015

Francis Bacon, Seated Woman (1961), via Phillips
Francis Bacon, Seated Woman (1961), via Phillips

The Phillips Contemporary Evening sale has concluded, bringing to a close a week full of fireworks and smashed records with a relatively lackluster sales event that saw several impressive sales, countered by a number of less than exceptional performances.  Of the sale’s 71 lots, 14 went unsold, and few others managed to surpass high estimates, bringing the final sales tally to a respectable $97,100,000.   (more…)

AO Auction Recap – New York: Christie’s Impressionist and Modern Evening Sale, May 14th, 2015

Thursday, May 14th, 2015

Piet Mondrian, Composition No III Red, Blue, Yellow, and Black, (1929), via Art Observed
Piet Mondrian, Composition No. III Red, Blue, Yellow, and Black (1929), via Art Observed

The auction week has come and gone, and Christie’s has closed out a major week for both its Impressionist/Modern and Contemporary Departments, as the combined sales of its three Evening events this week have collectively brought in well over a billion dollars in sales.  This Evening, the Impressionist and Modern Evening sale added an exclamation point to the proceedings, bringing in a final tally of $202,608,000 that saw a major new record for Piet Mondrian. (more…)

AO Auction Recap – New York: Christie’s Contemporary and Post-War Auction, May 13th, 2015

Wednesday, May 13th, 2015

Lucian Freud, Benefits Supervisor Resting, via Art Observed
Lucian Freud, Benefits Supervisor Resting (1994), via Art Observed

Christie’s has concluded the first days of Frieze week in style tonight, continuing its impressive performance over the course of the Contemporary Auction week with a strong sale tallying $658,532,000.  Selling 72 of the 85 lots offered, the sale saw several major records fall during the course of the evening, signaling the intense enthusiasm for the contemporary market both in the U.S. and abroad. (more…)

AO Auction Recap – New York: Sotheby’s Contemporary and Post-War Evening Sale, May 12th, 2015

Tuesday, May 12th, 2015

Christopher Wool, Riot (1990), via Sotheby's
Christopher Wool, Riot (1990), via Sotheby’s

Another night come and gone in New York, and another impressive evening auction in the books as Sotheby’s concludes its Contemporary and Post-War Evening Sale this Tuesday night with a final tally of $379,676,000, failing to top Christie’s impressive auction from one night prior despite some impressive sales records of its own.  The 65-lot sale saw 8 of the works go unsold, for a final sell-through rate of 87.7%, a hard figure considering last evening’s single unsold lot out of 35. (more…)

AO Auction Recap – Christie’s ‘Looking Forward to the Past’ Sale, Setting a New World Auction Record of $179 Million for Pablo Picasso’s ‘Les Femmes D’Alger,’ May 11th, 2015

Tuesday, May 12th, 2015

 

Pablo Picasso, Les Femmes D'Alger (1955), via Art Observed
Pablo Picasso, Les Femmes D’Alger (1955), via Art Observed

The crown for the most expensive artwork at auction has returned to the master, as Pablo Picasso’s Les Femmes D’Alger lived up to its lofty expectations at auction this evening, as Christie’s “Looking Forward to the Past” exhibition kicked off Frieze Week (and a week of Contemporary Sales in New York) in grand style, tallying a massive $705,858,000 for a 35-lot offering that saw numerous records fall by the wayside, and only one lot going unsold, on the way to Picasso’s triumphant evening. (more…)