World’s largest art business and a fine arts auction house, Christie’s continues with very, very successful sales. With sales for the first half of 2012, some $3.5 billion, representing the highest total for a corresponding period in company and art market history, Christie’s boasts the result from its London evening auction of Post-War & Contemporary Art, held on February 13th, 2013, where realised a total of £81,668,850 ($127,730,081), selling 96% by value.
Jean-Michel Basquiat’s Museum Security (Broadway meltdown)
During the evening ten artists have set new records, 19 works were sold for for over £1 million ($1.55 million) and 27 works for over $1 million. The highest price of the evening session was hit by a piece by Jean-Michel Basquiat, Museum Security (Broadway meltdown), sold for £9,337,250 ($14,603,459). A selection of works offered from the collection of Mrs. Ingvild Goetz realised £4,286,750 ($6,704,477), achieving three times the low pre-sale estimate.
Other highlights of the sale include:
Gerhard Richter’s Abstraktes Bild (2004) sold for £8,441,250 ($13,202,115) – estimate: £4,000,000-6,000,000 ($6,200,000-9,300,000)
Peter Doig’s The Architect’s Home in the Ravine (1991) sold for £7,657,250 ($11,975,939) – estimate £4,000,000-6,000,000 ($6,200,000-9,300,000)
David Hockney’s Great Pyramid at Giza with Broken Head from Thebes sold for £3,513,250 ($5,494,723) – estimate £2,500,000-3,500,000 ($3,870,000-5,420,000) – becoming the 2nd highest price for the artist at auction
Allen Jones’ Table, Chair, Hatstand sold for £2,169,250 ($3,392,707) – estimate £1,500,000-2,000,000 ($2,320,000-3,100,000)
Damien Hirst’s Away from the Flock (Divided) sold for £1,945,250 ($3,042,371) – estimate £1,800,000-2,500,000 ($2,790,000-3,870,000)
David Hockney’s Great Pyramid at Giza with Broken Head from Thebes
Peter Doig’s The Architect’s Home in the Ravine (1991)
Gerhard Richter’s Abstraktes Bild (2004)
Damien Hirst’s Away from the Flock (Divided)
Allen Jones’ Table, Chair, Hatstand
