MEDIA ALERT: The Leslie Waddington Collection achieves a combined total of £29,505,150 / $37,611,983 / €33,704,404
London – On 22 November 2016 at Christie’s King Street ‘The Leslie Waddington Collection Part II’ totalled £1,219,625 / $1,519,653 / €1,430,620, concluding the two-part sale of works by many of the modern and contemporary artists he represented, and with whom he developed enduring friendships. The top lot for the sale was Henri Hayden’s Interior rouge (1963), which sold for £182,600 / $227,520 / €214,190 against an estimate of £15,000-25,000. There was also particular interest in British artists such as Patrick Caulfield, Sir Peter Blake, Patrick Heron, Sir Michael Craig-Martin, whose iconic Abstract Painting (1995) achieved £68,750 / $85,663 / €80,644, more than double its low estimate of £20,000-30,000 and Untitled (2000) also sold for £68,750 / $85,663 / €80,644, and William Turnbull’s 15-1976 (1976) realised five times its high estimate (£60,000 / $74,760 / €70,380). Together the two auctions demonstrated spirited global interest from all aspects of the art market with competitive bidding online, via the phones and in the room, resulting in outstanding overall sell-through rates of 96% by lot and 100% by value with a combined total of £29,505,150 / $37,611,983 / €33,704,404. ‘The Leslie Waddington Collection Parts I and II’ were a fitting tribute to Leslie Waddington whose pioneering spirit as an art dealer is noted for having defined the London art landscape before the rise in popularity of the contemporary art world today.
Next Auction
The Modern British & Irish Art Evening Sale will take place at Christie’s King Street on 23 November 2016 at 6pm with the Modern British & Irish Art Day Sale following on 24 November 2016 at 11am.
