The following is a press release provided to the Hansen Ohana by our affiliate’s at Christie’s:
RECORD WEEK FOR CHRISTIE’S
NOVEMBER POST-WAR AND CONTEMPORARY ART EVENING AND DAY SALES,
INCLUDING THE FIRST SALE OF WARHOL FOUNDATION, AT CHRISTIE’S NEW YORK
TOTAL $525 MILLION
ANDY WARHOL LEADS THE WEEK WITH A TOTAL OF WORKS SOLD FOR $ 100.1 MILLION
CHRISTIE’S DAY SALES FETCH A COMBINED $96 MILLION
New York – Christie’s two-day sales series devoted to the finest in Post-War and Contemporary Art realized a combined total of $508 million. Including the results of the Andy Warhol Foundation for the Visual Arts with three single-artist sales, which realized $17 million on November 12th, the grand total for the week of Post-War and Contemporary Art is $ 525 Million.
Throughout the sales, strong results were achieved for works by Pop artists, Abstract Expressionists, and Cutting-Edge Contemporary artists. Following the historic evening sale which became the most valuable auction ever in the category, at $412.3 million, Christie’s achieved a combined $96 million during the two sessions on Thursday.
“Christie’s sales of Post war and Contemporary art this week in New York showed tremendous strength and energy, with a record combined result of $ 525 million. The incredible response we saw from bidders this week is a testament to the increasing depth and diversity of this collecting category. With our $412 million Evening Sale on Wednesday and our $96 million Day sales on Thursday, we witnessed strong prices for works of art across all mediums and price levels and reached an exciting new threshold for the auction market globally “ analyses Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.