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RELEASE | Christie's Spring Season of Global 20th Century Sales Launches in London and New York

ACHIEVING A TOTAL OF £43,702,515 / $61,139,818 / €50,520,107, SELLING 98% BY LOT AND 100% BY VALUE
Impressionist & Modern, American and Latin American Art
London EMEA 2 March 2021

- A Family Collection: Works on Paper, Van Gogh to Freud realises £18,070,765 / $25,281,000 / €20,889,804

- Modern British Art Evening Sale achieves £25,631,750 / $35,858,818 / €29,630,303

- Global participation from 12 countries over 5 continents via phone and online bidding in Christie’s London and New York livestream sales

- Depth of bidding demonstrates competitive demand at Christie’s

-Sir Winston Churchill’s record broken twice, with the sale of Tower of the Koutoubia Mosque setting the new world auction record £8,285,000 / $11,590,715 / €9,577,460

- Van Gogh’s La Mousmé realises one of the highest prices for a work on paper by the artist £7,459,614 / $10,436,000 / €8,623,314

- Further records include Augustus John and Sir Michael Craig-Martin

London and New York – Christie’s global spring season of 20th Century art sales launched in London and New York on 1 March 2021, achieving a total across the evening of £43,702,515 / $61,139,818 / €50,520,107, with collectors convening from 12 countries over 5 continents and combined sell-through rates of 98% by lot and 100% by value. The series of sales was opened in New York with A Family Collection: Works on Paper, Van Gogh to Freud, a grouping of eight exquisite works on paper that saw the market bidding competitively for exceptional quality, with a total of £18,070,765 / $25,281,000 / €20,889,804 realised. The sale was led by Van Gogh’s rare portrait La Mousmé, one of the finest works on paper of the artist’s career which sold for £7,459,614 / $10,436,000 / €8,623,314. A world auction record was set by Augustus John’s Head of a Girl (Edie McNeill) (£348,463 / $487,500 / €402,823) while bidding across the salerooms in London and New York saw strong prices realised for works on paper by René Magritte, Henry Moore and Georges Seurat.

The Modern British Art Evening Sale directly followed, realising a total of £25,631,750 / $35,858,818 / €29,630,303, selling 97% by lot and 99% by value. The evening was led by Sir Winston Churchill’s Tower of the Koutoubia Mosque which set a new world auction record price of £8,285,000 / $11,590,715 / €9,577,460 after a nine-minute battle between 10 bidders. The painting was offered from the Jolie Family Collection. Two further works by Churchill demonstrated heightened demand for his paintings with both far exceeding the pre-sale expectations: Scene at Marrakech (£1,882,500 / $2,633,618 / €2,176,170) and St Paul’s Churchyard (£1,078,500 / $1,508,822 / €1,246,746). Henry Moore’s Maquette for King and Queen sold for £3,022,500 / $4,228,478 / €3,494,010, over three times the low estimate and testament to the rarity of the subject matter in the artist’s oeuvre. Sir John Lavery’s The Viscountess Castlerosse, Palm Springs, from the collection of Charles Delevingne, sold for £862,500 / $1,206,638 / €997,050, a record for a portrait by the artist. Sir Michael Craig-Martin’s With Red Shoes set a new world auction record for the artist (£325,000 / $454,675 / €375,700).

Giovanna Bertazzoni, Vice Chairman, 20th – 21st Century Art, Christie’s: “We are delighted with the very strong result for the exquisite works in the Family Collection: Works on Paper, Van Gogh to Freud. Quality always wins, and the infallible eye of this collector strove only for exceptional quality.”

Nick Orchard, Head of Department, Modern British Art, Christie’s: “The auction of Modern British Art demonstrated the vibrant and dynamic nature of this market with exceptional provenance as witnessed in the Churchills, Lavery, the Collection of Mireille and James Lévy and the Estates of L.S. Lowry and Carol Ann Lowry. These works generated international interest with competitive bidding throughout the evening, resulting in Christie’s second highest total for a Modern British Art evening sale.”

FURTHER HIGHLIGHTS

A FAMILY COLLECTION: WORKS ON PAPER, VAN GOGH TO FREUD

- René Magritte, Journal intime £2,680,486 / $3,750,000 / €3,098,642

- Henry Moore, Two Sleepers in the Underground (recto); Figures and Sketches of Sculpture (verso), £2,251,608 / $3,150,000 / €2,602,859

- Georges Seurat, La voile blanche, £3,280,915 / $4,590,000 / €3,792,738

MODERN BRITISH ART EVENING SALE

- Dame Barbara Hepworth, Square Forms (Two Sequences), £922,500, / $1,290,578 / €1,066,410

- S. Lowry, Head of a Boy, £742,500 / $1,038,758 / €858,330

Over 185,000 viewers tuned into the sales through Facebook, You Tube, Christies.com and Christie’s Live™, highlighting the inclusive nature of the interactive livestream.

The Modern British Art Day Sale takes place on Tuesday 2 March at 2pm. The 20th Century Sale series then continues on 23 March with We Are All Warriors: the Basquiat Auction which is followed by the 20th Century Art Evening Sale and The Art of The Surreal Evening Sale.

B-roll footage of Sir Winston Churchill’s Tower of the Koutoubia Mosque selling can be downloaded here (Password: Christies)

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Founded in 1766, Christie’s is a world-leading art and luxury business with a physical presence in 46 countries throughout the Americas, Europe, Middle East, and Asia Pacific, and flagship   international sales hubs  in New York, London, Hong Kong, Paris and Geneva. Renowned and trusted for our expert live and online-only auctions, as well as bespoke Private Sales, Christie’s unparalleled network of specialists offers our clients a full portfolio of  global services, including art appraisal, art financing, international real estate and education. Christie’s  auctions span more than  80 art and luxury categories, at price points ranging from $500 to over $100 million. Christie’s has sold 7 of the 10 most important single-owner collections in history, achieved the world record price for an artwork at auction, launched the first  fully on-chain auction platform dedicated to exceptional NFT art and manages an investment fund to support innovative startups in the art market. Christie’s is also committed to advancing  responsible culture  throughout its business and communities worldwide. To learn more, browse, bid, discover, and join us for the best of art and luxury at christies.com or by downloading Christie’s apps.


* Please note when quoting estimates above that other fees will apply in addition to the hammer price - see Section D of the Conditions of Sale at the back of the sale catalogue. *Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium.

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