Results: Christie's Post War and Contemporary Sale

Christie's, like Sotehby's is pleased with its recent NY based Post War and Contemporary art sale hel in NY. The Post War and Contemporary art sale totaled $4.04 million. The sale offered 155 lots, with and selling 129 for an 83% sell through rate.  The top lot, like at Sotehby's was an Andy Warhol piece, a synthetic polymer and silkscreen ins on canvas from 1964.  It was estimated at $500,000.00 to $700,000.00 and sole for $.08 million including buyers premium.  The top ten lots went to a combination of US private and trade, European private and trade as well as an Asian private.

Alexandre Carel, Head of the sale stated

“Christie's First Open sale demonstrated excellent results, setting a
positive, confident tone for the season. The high sold by value rate of 88%, and busy saleroom, web and telephone activity are indicators of the market's appetite for opportunities to acquire quality works of art at competitive prices. Strong results were achieved for works by Roni Horn, Takashi Murakami, Conrad Marca-Relli, and Yue Minjun, and collectors responded enthusiastically to Andy Warhol's Flowers, which at $1,082,500, was the auction's top lot and the second highest price obtained for a work sold in an off-season sale of this category at Christie’s. It was particularly gratifying to see vivacious bidding for Raoul de Keyser's Depart, which was estimated $15,000-20,000 and ultimately sold for $68,500. The sale totaled over $4.4 million, surpassing the spring First Open sale by over $1 million. We look forward to Christie's Post-War & Contemporary Art sales in London on 16 and 17 October and in New York on 10 and 11 November."