CHRISTIE’S NEW YORK CONTINUES TO DOMINATE THE POST-WAR AND CONTEMPORARY ART MARKET WITH RECORD BREAKING SALE OF NEARLY $240 MILLION
• First Time a Sale in the Field Surpasses the $200 Million Barrier
• Willem de Kooning’s Untitled XXV Sets New World Auction Record for Any Post-War Work at $27,120,000
• 19 New World Auction Records Set including for Warhol, de Kooning and Still
• Most Powerful Group of Warhol Works Ever to Have Appeared at Auction Totals Nearly $60 Million
New York – Christie’s New York’s sale of Post-War and Contemporary Art totaled $239,704,000, breaking the $200 million barrier barely 18 months after Christie’s New York for the first time crossed the $100 million cap for a sale in the post-war and contemporary field (May 2005 at $133.7 million). Among the artists for whom the sale set new world auction records were Andy Warhol, Willem de Kooning, Clyfford Still, Sam Francis, and Sol LeWitt. Buyers in tonight’s sale, by lot, were 64.8% American, 15.5% European, 9.9% Asian and 9.8% other.
“Tonight’s sale caps an incredible two weeks at Christie’s where we have seen record totals and unprecedented depth in the market in all fields,” said Edward Dolman, Chief Executive Officer of Christie’s. “These sales have confirmed Christie’s as the undisputed leader at the uppermost echelons of the market.”
Follow us on:
