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6 February 2015

Hannah Schweiger

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hschweiger@christies.com

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POST-SALE: CHRISTIE’S FEBRUARY AUCTIONS OF IMPRESSIONIST, MODERN & SURREALIST ART REALISE £170.8 million/ $258.9 million / €225.9 million

London EMEA 6 February 2015

 First ever Surreal sale to break $100 million

 Global participation from new + established buyers at every price level across all styles, periods and media

 

London Christie’s auctions of Impressionist Modern & Surrealist Art in London between 4 and 6 February realised £170,861,551/$258,980,196/€225,916,067. The sales drew global participation from new and established buyers at every price level and across all styles, periods and media, highlighting the continued growth in demand, appreciation and accessibility of this established area of the market. The top price of the week was paid for Joan Miró’s Painting (Women, Moon, Birds), which sold for £15,538,500/ $23,540,828/ €20,510,820, setting a record price at auction for a Post-War work by the artist (estimate: £4-7 million). 26 years on from holding the inaugural standalone Dada and Surrealism sale and 15 years since Christie’s established its annual auction in the field, the international demand for this pioneering movement continues to go from strength to strength, with Christie’s Art of the Surreal Evening Sale becoming the first Surreal sale to break $100 million. In total, 36 works of art sold for over £1 million (47 for over $1 million).  This week builds on the strength of Christie’s 2014 results which saw a 14% increase for the department to £732.5 million ($1.2 billion up 19%).

 £                     $                      €   

Impressionist & Modern Evening Auction with                                           £147,031,000     $222,751,965     €194,080,920    

The Art of the Surreal Evening Auction                                        

 

Impressionist & Modern Works on Paper                                                 £8,017,038        $12,177,881       €10,710,763      

 

Impressionist & Modern Day Sale                                                          £13,344,825      $20,270,789       €17,828,686

 

Impressionist & Modern Art + Picasso Ceramics, South Kensington                £2,468,688        $3,779,561         €3,295,698

                                                                                   

                                                                                                  TOTAL: £170,861,551  $258,980,196     €225,916,067

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.