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12 November 2021

Jessica Stanley

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Post-War and Contemporary Art Day Sale Achieves $94,180,125

Running total for the week: $1,065,356,875
Post-War & Contemporary Art
New York Americas 12 November 2021
Post-War and Contemporary Art Day Sale Achieves $94,180,125

New York –Christie’s New York marquee week of 20/21 auctions continued its successful run Friday, November 12 with the Post-War and Contemporary Art Day Sale, which totaled $94,180,125 selling 93% by lot and 96% by value, 155% sold by low estimate. Headlining the sale was a magnificent canvas from the grouping An Extraordinary Eye: The Distinguished Collection of June Roth, Mark Rothko’s Untitled, which sold for $8,489,500 against a low estimate of $2,500,000. Fantastic results were also seen by Gerhard Richter’s Abstracktes Bild, which surpassed its high estimate to achieve $3,750,000 and Andy Warhol’s Flowers, totaling $3,330,000 against a low estimate of $1,000,000.

The two-session sale featured a group of works from IMAGE WORLD: Property from a Private American Collection, which also accounted for 13 highlights from the 21st Century Evening Sale. Named for the 1989 Whitney Museum of American Art exhibition on the Picture Generation, the 41-lot grouping in total achieved $45,688,250 across both sales. Additional property from the collection will be offered in an online sale 3 – 16 December.

Christie’s was honored to present three charitable groups within the auction dedicated to supporting philanthropic initiatives: Property Sold to Benefit LAXART (six lots), Property Sold to Benefit the Public Art Fund (four lots), and Unquestioning Love: An Auction to Benefit the New York City Aids Memorial (eighteen lots across the Day Sale and the 21st Century Evening Sale). Many of the extraordinary contemporary artworks included in all three of the groups were generously donated directly by the artists.

Fifteen new artist records were established by Danielle Orchard, Deborah Roberts, Noah Davis, Trevor Paglen, Ernie Barnes, Amy Sillman, Oluwole Omofemi, Marley Freeman, Jennifer Guidi, Tseng Kwong Chi, Rashid Johnson for Work on Paper, Salman Toor for Work on Paper, Lee Krasner for Work on Paper, Christina Quarles for Work on Paper and Eddie Martinez for Work on Paper.

 

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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.

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