Home > Press Release > 2022 > EMEA > Cultural Dialogue Between London an...

Cultural Dialogue Between London and Paris at Christie's Delivers a Total of £203,881,403 / $250,162,481 / €236,094,664

Post-War & Contemporary Art

London EMEA 28 June 2022

Cultural Dialogue Between London and Paris at Christie's Delivers a Total of £203,881,403 / $250,162,481 / €236,094,664

EVENING SALE SERIES LED BY
CLAUDE MONET’S
WATERLOO BRIDGE, EFFET DE BRUME
£30,059,500 / $36,883,007 / €34,808,901
NYMPHÉAS, TEMPS GRIS
£30,059,500 / $36,883,007 / €34,808,901

YVES KLEIN’S ANTHROPOMETRIE DE L’EPOQUE BLEUE, (ANT 124)
- A DEFINING MOMENT IN POST-WAR ART -
£27,197,000 / $33,370,719 / €31,494,126

JEFF KOONS’ BALLOON MONKEY (MAGENTA)
REALISES £10,136,500 / $12,437,486 / €11,738,067
WITH PROCEEDS BENEFITTING HUMANITARIAN AID IN UKRAINE

MARC CHAGALL, COLOUR OF LIFE EVENING SALE WITNESSES
GLOBAL COMPETITION FAR EXCEEDING ESTIMATES
AND 100% SOLD BY LOT
£9,736,500 / $11,946,686 / €11,274,867

PARIS MIRRORED SUCCESSES OF LONDON, INCLUDING
PIERRE SOULAGES’ PEINTURE 143 X 202CM, 4 DECEMBRE 1970
£1,797,927 / $2,206,057 / €2,082,000

CULTURAL DIALOGUE BETWEEN LONDON AND PARIS REFLECTED IN TOP LOTS

• 20/21 London to Paris is led by works from pioneering artists representing the cultural exchange between these two art capitals: Marc Chagall, Yves Klein, and Claude Monet

• The collection Marc Chagall, Colour of Life: Works Formerly from the Artist's Estate achieved a total of £9,736,500 / $11,946,686 / €11,274,867 and was 100% sold

• These artists achieved top prices on 28 June:

- Claude Monet, Waterloo Bridge, effet de brume: £30,059,500 / $36,883,007 / €34,808,901

- Claude Monet, Nymphéas, temps gris: £30,059,500 / $36,883,007 / €34,808,901

- Yves Klein, Anthropométrie de l’époque bleue, (ANT 124): £27,197,000 / $33,370,719 / €31,494,126

- René Magritte’s Souvenir de voyage: £16,090,500 / $19,743,044 / €18,632,799, over twice the high estimate

- Pierre Soulages, Peinture 143 x 202cm, 4 décembre 1970: £1,797,927 / $2,206,057 / €2,082,000

PHILANTHROPY

• This season Christie’s is supporting fundraising efforts for humanitarian aid in Ukraine

• Jeff Koons’ seminal sculpture Balloon Monkey (Magenta) raised a total of £10,136,500 / $12,437,486 / €11,738,067

• The sculpture was generously donated by Victor and Olena Pinchuk

• The work was acquired by Jens Faurschou who commented: “It is a double joy to have had a chance to purchase such a phenomenal work by one of the leading voices in contemporary art for an outstanding collection, and to contribute to humanitarian efforts for victims of the war on Ukraine. We celebrate these vital charitable initiatives from the art world, and we need more.”

SUSTAINABILITY

• Artists for ClientEarth – Beatriz Milhazes’ Cebola Roxa - offered as part of Christie’s initiative with Gallery Climate Coalition – has now raised more than £5.6 million [hammer] in the last eight months

- Beatriz Milhazes’ Cebola Roxa: £680,000 [hammer]

- Antony Gormley, Root: £350,000 [hammer]

- Xie Nanxing, f o r a d a c a s a #3: £169,298 [hammer]

- Rashid Johnson, Bruise Painting "Or Down You Fall": £1,569,766 [hammer]

- Cecily Brown, There’ll be bluebirds: £2,900,000 [hammer]

• Artists for ClientEarth became ClientEarth's largest single donor of 2021

• With funding from the auctions, ClientEarth has been able to:

- Expand its operations in the US

- Create and launch a litigation strategy to protect rainforests, the animals and people who live with them, globally including the Amazon, West Africa and South East Asia

- Expand its decarbonisation work by cutting off the financial flow to fossil fuels, focusing on Asian coal

WOMEN ARTISTS

• Barbara Hepworth, Hollow Form with White Interior: £5,785,500 / $7,098,809 / €6,699,609, a world auction record for the artist

• Leonora Carrington’s Ferret Race (Stoat Race): £1,362,000 / $1,671,174 / €1,577,196, attracting competitive bidding

• Work by female artists accounts for 48% of living artists in the London Evening Sale. Leading results were achieved for:

- Lucy Bull, No More Blue Tomorrows: £277,200 / $340,124 / €320,998

- Rachel Jones, Spliced Structure: £403,200 / $494,726 / €466,906

- Simone Leigh, Untitled V (Anatomy of Architecture series): £724,500 / $888,962 / €838,971

- Beatriz Milhazes’ Cebola Roxa: £680,000 [hammer]

- Anna Weyant, Ingrid With Flowers: £403,200 / $494,726 / €466,906

- Rebecca Warren, Basquiat: £352,800 / $432,886 / €408,542

MARC CHAGALL

• The 20 lots offered in Marc Chagall, Colour of Life: Works Formerly from the Artist's Estate achieved a total of £9,736,500 / $11,946,686 / €11,274,867, more than double the low estimate of the collection

• The collection was 100% sold, with 90% of lots selling over the high estimate

• The group was led by Le peintre et les mariés aux trois couleurs, which sold for £1,602,000 / $1,965,654 / €1,855,116

• An average of seven bidders per lot participated in the sale

20^th CENTURY MASTERS

• 20^thcentury masters led the Paris offering:

• Yves Klein, Sculpture éponge rose sans titre, (SE 207): £1,746,114 / $2,142,482 / €2,022,000

• Pierre Soulages, Peinture 143 x 202cm, 4 décembre 1970: £1,797,927 / $2,206,057 / €2,082,000

• Jean Paul Riopelle, Sans titre: £1,227,979 / $1,506,731 / €1,422,000

• Jean Hélion L'escalier: £937,824 / $1,150,710 / €1,086,000, over three times the low estimate

ART OF THE SURREAL

• Surrealists works of art were highlighted by:

• René Magritte’s Souvenir de voyage: £16,090,500 / $19,743,044 / €18,632,799, more than three times the low estimate of £5,000,000

• Leonora Carrington’s Ferret Race (Stoat Race): £1,362,000 / $1,671,174 / €1,577,196

ADDITIONAL HIGHLIGHTS

• Further strong results were achieved for:

• Jean-Michel Basquiat, Untitled (Self Portrait): £7,961,000 / $9,768,147 / €9,218,838

• Ernie Barnes, Main Street Pool Hall: £1,482,000 / $1,818,414 / €1,716,156, over twelve times the low estimate

GLOBAL REACH

• Number of bidder countries: 35

• Breakdown of buyers by region [by lot]: 48% EMEA / 29% Americas / 23% APAC

• # Livestream viewers: In excess of 3 million

TOP LOTS

No.	Artist	Work Title	Estimate (GBP)	Price Realised (with BP)
1	Claude Monet	Waterloo Bridge, effet de brume	£20,000,000-30,000,000	£30,059,500 / $36,883,007 / €34,808,901
2	Claude Monet	Nymphéas, temps gris	£22,000,000-32,000,000	£30,059,500 / $36,883,007 / €34,808,901
3	Yves Klein	Anthropométrie de l’époque bleue, (ANT 124)	Estimate on Request	£27,197,000 / $33,370,719 / €31,494,126

Top Ten:

Number of lots offered: 106

Number of lots sold: 97

Sold by lot: 92%

Sold by value: 96%

Please find the full results available on the links below:

Marc Chagall, Colour of Life: Works Formerly from the Artist's Estate

20^th/21^st Century: London Evening Sale

20^th/21^st Century: Paris Evening Sale

For further commentary on the sale series, please see the post-sale press conference here. You can also read the post-sale report on Christies.com.

For sale images, please see the Dropbox link here.

Christie’s 20/21 Art Sales continue with the Post-War and Contemporary Art Day Sale, Paris and Impressionist and Modern Art Day and Works on Paper Sale on 29 June. Le Grand Style: An apartment on the Quai d'Orsay designed by Alberto Pinto takes place on Thursday 30 June and the live auctions conclude with The Post-War and Contemporary Art Day Sale on 1 July. Marc Chagall, Colour of Life: Prints and Artist's Books Formerly from the Artist's Estate remains open for bidding until 30 June while First Open: Post-War and Contemporary Art Online is online until 5 July 2022.

Visuals

All Images

About Christie’s

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.