This evening’s sale of Impressionist and Modern Art at Christie’s New York totaled $277,276,000/£140,749,239/€178,887,742, Christie’s third highest result ever for the category. The auction featured particularly strong results for both 19th and 20th century paintings and sculpture created by some of the leading masters of art history. The sale was 82% sold by value, 76% sold by lot.
“We saw very strong prices in many areas this evening as the global market responded positively, and we are pleased with the overall result for the sale. Christie’s set new auction records for major masters, and it was particularly gratifying to note sculpture continued its ascent in the marketplace, and now commands prices equivalent to great pictures,” said Marc Porter, President of Christie’s Americas.
Wednesday, May 7, 2008