// Focus on the email input box prefix = 'artnet_newsletter_'; // Extends jQuery with a function to serialize to JSON closeSignupBar(); . Event Date28 June 2023 | Live auction 21886, The British painters who embraced Impressionism, Basquiats Untitled (Pablo Picasso), from 1984: a bold tribute from one 20th-century titan to another, What were loving this summer: art books and exhibitions hand-picked by our specialists, Howard Hodgkin: My entire life is in my paintings, Artist Ahmed Mater: When you go to Mecca, its as if you were inside a huge magnetic field, Gerhard Richter on his landscape photo-paintings: I am seeking something quite specific, Christies Selfhood exhibition: We want to bring together artists who use art to explore the unique experience of being human, Signacs vision of Saint-Tropez and Basquiats Picasso portrait lead 20th/21st Century: London Evening Sale, Virtual tour: 20th/21st Century Art at Christies London. Eventually an intense bidding war between two in-room parties developed. if (typeof ouibounce !== 'undefined') { Nathan suggests American buyers in particular are "spent out" after the "weight of the New York auctions" last month. function addCss(fileName) { if (window.jQuery) { Christie's 20/21 (20th/21st Century) London Evening Sale with The Art of the Surreal Evening Sale. 37 x 24 3/8 in (94.6 x 61.9 cm). o[this.name] = [o[this.name]]; } Vivienne Chow, June 28, 2023 20th/21st Century London Evening Sale at Christies, London, June 28, 2023. A $104 million record for a Gustav Klimt painting topped a Sotheby's London Sale in June 2023,. The first is Waterloo Bridge, effet de brume from the famous Vues du Londres (Views . May 22, 2023, By Other collection highlights included Oscar Domnguezs Machine coudre lectro-sexuelle (1934-35), which sailed past its high estimate to realise a record 4,602,000; Yves Tanguys Le lourd palais from 1930, which more than doubled its low estimate at 819,000; and Wolfgang Paalens 1938 Taches solaires, setting another artist record of 756,000. h = Math.max(document.documentElement.clientHeight, window.innerHeight || 0), //don't run this function if the user has already triggered the modal by leaving the viewport Of the 66 lots offered at the two-and-a-half-hour event at the houses King Street premise, 61 lots, or 92 percent, found buyers. A gold porcelain sculpture by Louise Bourgeois hammered for 450,000 against a low estimate of 800,000; Howard Hodgkins The Spectator (1984-87) went for 590,000 (est 800,000-1.2m); and an oil and graphite work on canvas by Cy Twombly sold for 1.2m against a 2m low estimate. The collection also included important works by leading women artists of the Surrealist movement, among them Remedios Varo and Leonora Carrington, who both sought refuge in Mexico in the early 1940s following the outbreak of war in Europe. + '
' Works by Otto Mueller, Pierre Bonnard, Carl Andre and Sam Gilliam also failed to find homes. Find company research, competitor information, contact details & financial data for LAWENN MARIE-LAURE of MARCKOLSHEIM, GRAND EST. 20th/21st Century: London. Making its auction debut, Michaela Yearwood-Dans two-metre-high canvas Love me nots (2021) opened the sale and sparked vigorous international bidding before selling for 730,800. } Promo tile carousel . He adds: "Christies put all their eggs in the New York basket, they had vast sales in New York. Jussi Pylkknen and Veronica Scarpati took bids from clients globally in the saleroom, through phone banks and online via Christies LIVE with 59 per cent from Europe, the Middle East and Africa, 28 per cent across the Americas and 13 per cent in Asia. Event Date30 June 2021 | Live auction 20068. Market darling Gerhard Richters rare landscape work Grnes Feld (Green Field) (1969), estimated at 4 million to 6 million ($5 million to $7.4 million), failed to find a buyer. } // Add animation css The London evening sales came to a lackluster end Friday with Phillips newly introduced "20th Century to Now" sale, which brought in just over 9 million ($11.4 million). All of our live auctions are enabled for remote bidding from desktop or mobile app via theChristies LIVEreal-time bidding platform. expiration_days: 5 var $email = $form.find('.signup-email'); Christie's London 8 King Street St James London SW1Y 6QT View Map When June 28th, 2022 @ 1:00pm GMT - June 28th, 2022 @ 6:00pm GMT Media To find out if you are eligible for an Artnet News Pro group subscription, + '<\/div>' Crucially, it was guaranteed at a level likely to be around its 65m estimate. Get the latest business insights from Dun & Bradstreet. var ctx = this; Christies Online Magazine delivers our best features, videos, and auction news to your inbox every week. + '<\/style>' In a rare moment of collegiality between the houses, Bertazzoni says that Sotheby's result is "a big vote of confidence" in London, adding: "Theres the sense that London isnt what it was, but everybody wants it to be. // ------------------------------------------------------------------- type: $form.attr('method'), Paul Signac, Calanque des Canoubiers (Pointe de Bamer), Saint-Tropez (1896). Sold for 3,882,000 on 28 February 2023 at Christies in London. Following on from our highly-successful March 2022 season, which saw numerous records broken for both established and emerging artists, the sale is led by a trio . closedSignupBar: { $email.focus(); Expectations were low and nerves running high ahead of Christies 20/21 evening sale in London today, which fetched 51.7m (63.8m with fees) from 66 lotsdown two-thirds on the equivalent sale last year and short of its presale estimate of 55.2m-80.8m. It sold to a phone bidder represented by Olivier Camu, Christies deputy chairman of Impressionist and modern art in London. For the past two years, Christies has held London-to-Paris auctions consecutively but, now travel restrictions have completely lifted, that format is apparently a thing of the past. //hide form fields and show thank-you message Courtesy Christie's. The other major lot of the afternoon was Paul Signacs mellow landscape, Calanque des Canoubiers (Pointe de Bamer), Saint-Tropez, painted in 1896. if ($modal.hasClass('slideInDown')) return; Theres absolutely this willingness to keep it going.". Alternatively, please call Christies Client Service on +44 207 839 9060. + '<\/div>' addCss('https://maxcdn.bootstrapcdn.com/font-awesome/4.7.0/css/font-awesome.min.css'); View Results . Here Are Three Things to Know About the One-of-a-Kind Treasure, Elisabetta Sirani Painted in Public to Prove Her Work Was Her Own. // ------------------------------------------------------------------- Amongst 105 lots offered, 95 were sold and achieved a sale total of 249 million pounds (around US$334 million dollars). Study online with Christie's Education }; - Caroline Walker 's Recreation Pavilion (2013, estimate: 150,000-200,000) will highlight the contemporary section of the 20 th / 21 st Century: London Evening Sale. + '<\/div>' } data: JSON.stringify( $form.serializeFormJSON() ), head.appendChild(link); // ------------------------------------------------------------------- Subscribe to The Art Newspapers digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox. } } $form.find('.errors').children().hide(); The sale achieved a hammer total of 51.7 million ($65 million), which fell below the low end of expectations of 55 million ($69.8 million) when adjusted to reflect two withdrawn lots. Christie's 20th/21st Century Sale in London Pulled in an Underwhelming $81 Million, Signaling a Market Correction The sale achieved a high sell-through rate but many lots went under hammer at prices below their low estimates. 20th/21st Century: London Evening Sale London. Lord maintains that Richter "continues to be one of the most in-demand artist today", but suggests this painting represents a part of the German artists oeuvre "that has room for development and growth". The piece was estimated at 100,000 to 150,000 ($130,000 to $190,000), but after a long war among several bidders, it settled at a hammer price of 1.4 million ($1.8 million), 14 times the low estimate. }, 7500); Following the remarkable success of theShanghai to London edition, the upcoming season showcases 20th and 21st century works with the backdrop of the dynamic cultural centres of London and Paris. .removeClass('slideOutDown slideOutUp') The evening closed on a high as Joan Mirs 1965& Personnage, oiseaux, toiles. script.integrity = "sha256-hVVnYaiADRTO2PzUGmuLJr8BLUSjGIZsDYGmIJLv2b8="; var valid = ctx.validate( $form, $email); } From the captivating pastels of Edgar Degas and the visceral expressionist paintings of Ernst Ludwig Kirchner, to the prophetic social commentaries of Keith Haring and Banksy, the 20th/21stCentury Evening Sale offers a rich opportunity to explore Impressionist, Modern and Contemporary art in dialogue. link.href = fileName; 76 x 51 in (194.5 x 130.1 cm). setCookie(cookieName, value, expirationMinutes); June 28th, 2022 @ 1:00pm GMT - June 28th, 2022 @ 6:00pm GMT, June 28th, 2022 @ 1:00pm GMT - June 28th, 2022 @ 6:00pm GMT | London. var i = cookieNames.length, + 'Signup failed. It is her image, he wrote, that permeates Picassos work from 1954 until his death, twice as long as any of her predecessors. Its sale achieved 16,892,000 just weeks before the 50th anniversary of Picassos death, which Christies will commemorate throughout 2023. + '' * Generic setCookie() method, used by setNewsletterCookie(). + '<\/div>' e.preventDefault(); Those lots were a 1957 work on paper by Frank Auerbach and a 1886 canvas work by Pierre-Auguste Renoir. if (!o[this.name].push) { Sold for 3,102,000 on 28 February 2023 at Christies in London. customSerializer: function(){ pagetypeforce = pagetypeurl.substr(pagetypeurl.length - 3); }, script.src = "https://code.jquery.com/jquery-3.1.1.min.js"; return ctx.regex.email.test( $email.val() ); document.body.appendChild(script); Privacy Policy, a deeply personal portrayal of Gordina de Groot, Study for Homage to the Square Greek Tragedy, leading women artists of the Surrealist movement. All Rights Reserved.var w = Math.max(document.documentElement.clientWidth, window.innerWidth || 0), if (generalSettings.loadFontAwesome) { (function defernl() { Impressionist and Modern Art Day and Works on Paper Sale. onSuccess(); Browse Christie's upcoming auctions . Certainly it will do good to the careers of younger artists, who will be able to develop in a calmer environment, and it will clear the field for more serious collectors and not just speculators.. Oil on canvas. } Christie's head of evening sale Tessa Lord acknowledged that the painting was not the "definition of fresh to market", having last sold at Christie's in 2007 to an unnamed Italian. + '
' If everything must go was the strategy Christies employed for its 20th/21st Century London evening sale on Wednesday, it worked pretty well. script.crossorigin = "anonymous"; function setCookie(cname, cvalue, expMinutes, prefix) { + '
' link.type = 'text/css'; Liu Ye (b.1964), The Goddess, 2018. Oil on Masonite. Explore the rest of the Classic Week auction series. One, a portrait of Picasso by Jean-Michel Basquiat from 1984, went to the Nahmad family for 5.4m (6.5m with fees) following a short bidding battle with Acquavella Galleries, which elicited a small ripple of applause in the saleroom as it concluded. 23 5/8 x 17 in (60.1 x 45 cm). , link = document.createElement('link'); "The thing is, when guarantees land with the guarantors, there are a lot less guarantors available the next season, and without the third-party guarantors, the auction houses struggle to get the material.". Live Auction 21459. Hammer prices of works by blue chip names such as Lucio Fontana, Yayoi Kusama, and Cy Twombly did not meet their low estimates, however. } 'slideOutDown': 'slideOutUp' ); This sum seems . Christie's Modern and contemporary evening sale in London plummets 66% from last year's equivalent auction. An Italian collector bought the work for $2 million at a 2007 Christies London sale. if (getCookie(cookieNames[i]).length) { * There is probably no need to call this directly - use setNewsletterCookie(). Vivienne Chow, June 28, 2022 London to Paris 20th/21st Century Evening Sales at Christie's, London and Paris, June 28, 2022. The sale also saw strong results for Dorothea Tanning: The Moonstone Effect (formerly Opale, Opale, Opale) and Visite jaune (Visite clair) (1960) realised 378,000 and 352,800 respectively. RT @joshspero: Christie's Modern and contemporary evening sale in London plummets 66% from last year's equivalent auction: 29 Jun 2023 12:32:56 function checkCookies() { Also selling above estimate were Shara Hughess 2017 canvas Rough Terrain, which achieved 630,000, and Tyler Hobbss Fidenza #724, one of a series of 999 computer-generated images minted as individual NFTs. .addClass( 'slideIn' + upOrDown ); Guy Bell Christie's kicked off its mid-season sales of modern and contemporary. // don't show it on paywall-related pages where the user might be in the process Bidding came from Belgium, Spain, Italy, France and Germany, a Christies spokeswoman confirmed. Christies head of post-war and contemporary evening sale Tessa Lord acknowledged that the painting was not the "definition of fresh to market", having last sold at Christies in 2007 to an unnamed Italian collector. if(valid){ 28 Jun 01:00 PM (BST)20th/21st Century: London Evening Sale, 28 Jun 02:00 PM (BST)Marc Chagall, Colour of Life: Works Formerly from the Artist's Estate, 28 Jun 04:00 PM (BST)20th/21st Century: Paris Evening Sale. } // Submit the form The London-based art adviser Nilani Trent notes that sellers are aware that sales have "slowed down significantly" and private sales "are more appealing than taking a risk at auction". According to Hugo Nathan, of Beaumont Nathan art, collectors are turning to established names as "the heat has come out of that very speculative contemporary market". return; var c = ca[i]; //default prefix is 'artnet_newsletter_' Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward. Also offered were Magrittes Souvenir de voyage (1958), which fetched 5,556,500; Le masque de la foudre (1965-66), achieving 4,482,000; and an untitled collage from 1927, which more than doubled its high estimate, realising 882,000. 4 July. Among the works to go unsoldand one of the biggest disappointments of the daywas an early photorealist landscape by Gerhard Richter, estimated to fetch 4m-6m. return o; Its just way too powerful to ignore, Picasso and Magritte lead the 20th/21st Century Art London evening sales. On 28 February in London, the first 20th/21st Century Art auction series of the year featured important works by major Impressionist, Modern, and Post-War and Contemporary names, as well as pioneering female artists of the Surrealist movement, including Leonora Carrington, Dorothea Tanning and Remedios Varo. var ca = document.cookie.split(';'); All Event personnel have the right to refuse entry to any ticket holder for any reason at their discretion. Usually active, American and Asian bidders were noticeably absent in tonights sale, which was "quite European in identity", Lord says, noting that fewer specialists had flown in from Asia. regex: { Works by Otto Mueller, Pierre Bonnard, Carl Andre and Sam Gilliam also failed to find homes. In a rare moment of collegiality between the houses, Bertazzoni says that Sotheby's result is "a big vote of confidence" in London, adding: "Theres the sense that London isnt what it was, but everybody wants it to be. London. closeSignupBar(); Also offered by Paalen was Pays interdit (1936-37), selling to a telephone bidder for 504,000. var head = document.head //if any of these cookies are found, we don't show the modal. function getCookie(cname, prefix) { link.rel = 'stylesheet'; The sale achieved a high sell-through rate but many lots went under hammer at prices below their low estimates. var generalSettings = { Here's how Christie's 20th/21st Century evening sale in London on June 28 shook out. A highlight of our 20/21 London to Paris Marquee Week, Christie's London will host its 20th & 21st Century Evening Sale on 28 June 2022, offering a rich opportunity to explore Impressionist, Modern and Contemporary art in dialogue. //default prefix is 'artnet_newsletter_' By using this website, you agree to our use of cookies. d.setTime(d.getTime() + (expMinutes*60*1000)); + '
' "The conservative defensive strategy is to put everything into the big marquee auctions in New York, and also to go with guarantees," Nathan adds. 1994), Love me nots, 2021. .fail(function(jqXHR, textStatus){ If your event is cancelled, we will refund the amount you paid for your tickets (minus order processing, service and delivery fees) using the same payment method used for purchase. Guy Bell/GBPhotos.com The diverse group of works, the majority never seen at auction before, exemplified the purpose of Christies signature 20th/21st category: to bring contemporary voices into dialogue with those of earlier generations, said Giovanna Bertazzoni, vice-chairman, 20th/21st Century Art Department. Art . It hammered above its high estimate of 350,000 for 440,000 (554,400 with fees). + '
' Christie's pulled off bullish and near-perfect back-to-back evening sales on Thursday that weighed in at a $715m hammer total for the 53 lots that sold. } + '
' 28 February 2023 20th/21st Century: London Evening Sale London Overview Browse lots (76) Related features article The paintings of Joan Mir article Franoise Gilot: a passionate, courageous life article Basquiat's Untitled (Pablo Picasso), from 1984: a bold tribute from one 20th-century titan to another video $('body').append(signup); + '
' expiration_minutes: 5 }); But in its Old Master paintings evening sale on 6 July, Christie's will offer an early 15th-century gold-ground crucifixion scene, rediscovered in the 1990s as a work by the early Renaissance Florentine artist. } But the sale price including fees at 3.5 million ($4.5 million) at least allowed the seller to make a profit, as it was more than five times the sale price when the work was acquired from a 2008 Sothebys New York sale. // Handler for close signup button + '
' function setNewsletterCookie(cookieName, value) { $modal.css({ It went under hammer at 90,000 against the low estimate of 200,000 ($250,000). The vice-chairman of the 20th- and 21st-century department denied that Brexit was a factor in the dearth of consignments over the 5m mark in the UK capital. $.each(a, function () { David Hockneys 1970 acrylic on canvas Chair with a Horse Drawn by Picasso sold for 4,362,000, more than doubling its high estimate. Her work The Puppeteerwas sold in February by Christie's in London for 693,000 against a low estimate of 150,000. + '<\/i>' The second highest-achieving lot of the sale was Paul Cezannes LAqueduc du canal de Verdon au nord dAix, which was painted in 1882-83 a period in the artists career when he began to move away from the spontaneous, broken touch of the Impressionist technique to embrace a more structured style of painting. But the return to normalcy did not herald perfect results. if (c.indexOf(name) == 0) { London & Paris. */ Nonetheless, priced judiciously, there was deep bidding for several contemporary works. }); With our headline auctions on 28 June, the series will launch in London withMarc Chagall, Colour of Life: Works Formerly from the Artists Estate, followed by the20th/21st Century: London Evening Sale, before relaying to Paris to conclude with20th/21st Century: Paris Evening Sale. } else { } + '<\/form>' expiration_days: 14 var script = document.createElement('script'); Bidding came from Belgium, Spain, Italy, France and Germany, a Christies spokeswoman confirmed. Christie's Shanghai-London 20th/21st Century: Evening Sales was held on 1 March. + '<\/div>'; } // Hide the errors var signup = + '<\/div>' + ' @media (max-width: 1199px){ #ouibounce-modal .description {font-size:13px !important;} }' $.ajax({ if (prefix == undefined) { Auction specialists acknowledged the prevailing climate of a cooling market, but stressed that London is alive and kicking, as Giovanna Bertazzoni put it. }; Access the data behind the headlines with the artnet Price Database. } checkCookies(); Elsewhere, visions of selfhood predominate, be that of artists . Crucially, "its become harder to find masterpieces," she says. Online Auction 22528 | CLOSED Inside the Orange Box: Part III Amsterdam. Together they saw sell-through rates of 89 per cent by lot and 91 per cent by value, taking the evenings combined total to 167,814,400 / $202,216,352 / 190,301,530. Get the latest business insights from Dun & Bradstreet. }); Christie's rebranded 20th Century Evening Sale in New York last night tallied US$481m, with a strong 98% sell-through rate. this lot listing is provided to you as a courtesy only and is not to be treated as a substitute for Christie's . prefix = 'artnet_newsletter_'; For instance, Cecily Browns Kiss Me Stupid (1999) went under hammer at 2.9 million ($3.7 million), below the low estimate. With fees, the tally rose to $831.3m. + '<\/div>' + '
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Get hand-picked stories from our editors delivered straight to your inbox every day.<\/p>' Paul Signacs Calanque des Canoubiers (Pointe de Bamer), Saint-Tropez, (1896) Courtesy of Christie's. sensitivity: 50, Souvenir de voyage was the top lot of a group of works from an important San Francisco Bay Area collection (which realised a total of 20,787,800 / $25,044,914 / 23,568,980), built over more than two decades and inspired by a formative trip to Mexico the Surrealist place, par excellence, according to Andr Breton. )+([a-zA-Z0-9]{2,4})+$/ Venue and Talent are subject to change without notice and are not grounds for a refund. }) } found = false; } For . crossDomain: true, Cecily Brown, Kiss Me Stupid (1999). A masterpiece is in the eye of the beholder, and the two top lots of the sale were very distinct in every conceivable way. Further works from the Harnoncourt Collection will be sold in the Old Master Evening Sale , London on 6 July 2023. It was exhibited at Londons Barbican in 2017. if (!found) { appendNewsletterSignup(); A gold porcelain sculpture by Louise Bourgeois hammered for 450,000 against a low estimate of 800,000; Howard Hodgkins The Spectator (1984-87) went for 590,000 (est 800,000-1.2m); and an oil and graphite work on canvas by Cy Twombly sold for 1.2m against a 2m low estimate. setTimeout(function() { Other success stories included the 1993-born Fratinos painting Listening to a conch (2017), which went under hammer at 160,000 ($202,408) and sold for 201,000 ($254,276 including fees). .done(function(data, textStatus, jqXHR) { } Victor Man's Weltinnenraum (World Within), painted in 2017, vaulted over its 150,000 high estimate to sell for 1.4m (1.7m with fees), a record for the artist. + 'Please enter a valid email address' The paintings appearance is perhaps more remarkable for an auction usually reserved for works created in the 20th and 21st centuries. $modal[0], { // Check if ouibounce exist before calling ouibounce ", He notes how the global rise in interest rates have caused a contraction in the market, particularly in the first six months of this year. o[this.name] = this.value || ''; Courtesy of Christie's. Access the data behind the headlines with the artnet Price Database. Seven artists set auction records across both sales, including Michaela Yearwood-Dan, Oscar Domnguez, Tyler Hobbs and Caroline Walker. A number of other earlier and Impressionist works that crept in included a dynamic drawing by Van Gogh of washerwomen dated 1885, which sold for 1.2m (1.5m with fees; est 1.2m-1.8m), and a self-portrait by Degas created in around 1855 when the artist was just 21. Richard Whiddington and Mortlach, Victor Man's Weltinnenraum (World Within), painted in 2017, vaulted over its 150,000 high estimate to sell for 1.4m (1.7m with fees), a record for the artist. + '' "The conservative defensive strategy is to put everything into the big marquee auctions in New York, and also to go with guarantees," Nathan adds. setTimeout(function() { while (c.charAt(0)==' ') { }); Having been held in the same family collection for more than 100 years, it sold for 7,159,500. By using this website, you agree to our use of cookies. Leading the sale was Paul Signacs painting Calanque des Canoubiers (Pointe de Bamber), Saint-Tropez (1896), which went under hammer for 6.7 million ($8.5 million), which was within expectations (8 million/$10 million including fees). "But, in the Basquiat market, that is [fresh], given how quickly its moved," she adds. return ""; GET STARTED Vivienne Chow London Correspondent To reserve tickets please email ticketinglondon@christies.com. pagetypeurl = document.URL, timeout: 10000 Christies first 20th/21st evening sale series of 2023 achieved a total of 167,814,400 / $202,216,352 / 190,301,530 and set new auction records for seven artists, including Michaela Yearwood-Dan, Tyler Hobbs, Wolfgang Paalen and Caroline Walker. A $67 million Basquiat painting led a $98.9 million Christie's sale that seemed to suggest cooling demand for emerging artists. 2023 Artnet Worldwide Corporation. setNewsletterCookie('recentlyShown', 1); Nonetheless, rival Sothebys managed to secure the material for yesterdays evening sale, notably in the shape of an unusual but impeccably marketed Gustav Klimt painting, which sold for 85.3m (with fees)a record auction price in Europe. Remedios Varo (1908-1963), Retrato del Doctor Ignacio Chvez, 1957.