AO On Site Auction Results – London: Christie’s Post-War & Contemporary Art Evening Sale Friday October 16th, exceeds expections of conservative estimates
Saturday, October 17th, 2009
Paris Bar, Martin Kippenberger
To celebrate Frieze Art Fair, currently underway in London’s Regent’s Park, Christie’s auction house held a series of auctions selling Post-War and Contemporary Art – the most notable of which occurred last night, October 16, and saw many record-breaking sales. The presale estimate for the evening auction was £6.8 million and in the end all but 1 of the 25 contemporary works sold, totaling £11.2 million. It is of course relevant to note that the totals are down incredibly from last year’s estimates of £57.8 million – £75.6 million for Christie’s Contemporary Art Evening Sale in London on Sunday, October 19th of last year. That said, the leading highlights included significant works by Peter Doig, Martin Kippenberger, Damien Hirst, Gerhard Richter, Neo Rauch, Dash Snow, Pino Pascali and a rare, early rediscovered drawing by Lucian Freud. All sale totals stated in this article include buyer’s premiums and come directly from Christie’s official website or courtesy of The Baer Faxt.
Stellwerk (Signal Box), Neo Rauch
Related Links:
Christie’s Homepage
Christie’s Sells $18.3 million, Lures Buyers with Low Estimates [Bloomberg]
Sotheby’s and Christie’s Auction Within Estimates [Reuters]
Auction Reports: post-war and contemporary art [The Art Newspaper]
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