For Imme diate R elease Tuesda y, 26 June 201 2 Contact: Hannah Schweiger +44 (0)207 389 2964 hschweige [email protected]Matthew Paton +44 (0)207 389 2965 [email protected]CHRISTIE’S JUNE AUCTIONS OF IMPRESSIONIST AND MODERN ARTREALISE £124.7 MILLION / $195.8 MILLION / €154.4 MILLION Top p rice of the sale ser ies –£8.5 million for Pablo Picasso’s Femme assiseGlobal collectors demonstrate healthy appetit e for r are works of art 29 works se ll for over £1 milli on / 39 for over $1 million London–Christie’s summer auctions ofImpressionist and Modern Artin Londo n between 20 and 26 June realised £124,774,838/ $195,894,031/ €154,425,459, demonstrating the healthy appetite of global collectors for rare works of art. The top pr ice from th e series of sales was paid for Pablo Picasso’s Femmeassise, 1949, which sold for £8.5 million/ $13.4 million/ €10.5 million. In total, 29 lots sold for over £1 million (39 for over $1 million). Please find a table of r esults below with the auction totals:£ $ €Impressionist and Modern Art Evening Auction£92,583,550 $145,541,341 €114,618, 435Impressionist and Modern Art Day Sale£14,307,800 $22,420,323 €17,655,82 5Impressionist and Modern Works on Paper£8,338,950 $13,067,135 €10,290,26 4Impressionist and Modern Art£1,462,238 $2,281,091 €1,814,63 7(Christie’s South Kensington) Picasso Ceramics: The Madoura Collection£8,082,300 $12,584,141 €10,046,29 8(Christie’sSouth Kensington)TOTAL: £124,774,838 $195,894,031 €154,425,459
Transcript
7/31/2019 Christie’S June Auctions Of Impressionist And Modern Art Realise £124.7 Million / $195.8 Million / €154.4 Million
The top price at the auction was paid for Femme assise , 1949, by Pablo Picasso (1881-1973) which sold
for £8,553,250/ $13,445,709/ €10,588,924 (estimate: £5 million to £7.5 million). This work maps not
only the development of Picasso’s representations of his partner F rancoise Gilot – who is heavily
pregnant with their daughter Paloma in this work - but also his longstanding exploration of the theme of
the sitting woman. Offered from a private Californian Collection, Femme assise was formerly part of the
impressive collection of the American steel magnate and philanthropist Leigh B. Block.
Further leading highlights of the sale:
Les jours gigantesques, 1928, by René Magritte (1898-1967) realised £7,209,250/$11,332,941/
€8,925,052 (estimate £800,000-1,500,000), setting the second highest price for the artist at auction.
This is one of the artist’s first great pictorial subversions of reality and one of the most memorable,
powerful and disturbing images in Magritte’s entire oeuvre. It was offered at auction for the first
time in 60 years, from an important private European collection.
Femme au chien , 1962, by Pablo Picasso (1881-1973) realised £6,985,250/ $10,980,813/ €8,647,740
(estimate: £6 million to £9 million). A large and colourful depiction of Pablo Picasso's second
wife, Jacqueline Roque, alongside the couple’s beloved Afghan hound, Kaboul, Femme au chien was
painted during a period of great change for the artist, who had finally settled at villa ‘Notre-Dame-
de-V ie’, near Mougins, in 1961, the year of his marriage to Jacqueline. Jacqueline’s double profile
clearly references Picasso’s sculptures in cut and folded steel from this time. Having been in an
important private collection for almost 40 years it was offered at auction for the first time.
La Corne d'or. Les Minarets , 1907, by Paul Signac (1863-1935) realised £6,201,250/ $9,748,365/
€7,677,148 (estimate: £4 million to £6 million). Having been acquired in the late 1920s it came to
the market for the first time in almost a century. A masterful composition, rich in pictorial rhythm
and exhibiting the artist’s signature Neo-Impressionist brushwork, this chromatically dazzling opalescent work belongs to an important series of twelve paintings depicting Constantinople
(Istanbul), across the Golden Horn estuary.
Le monde des images , circa 1961, by René Magritte (1898-1967) realised £4,857,250/$7,635,597/
€6,013,276 (estimate: £2 million to £3 million). It tackles one of the artist’s favourite themes: the
way we see the world. Offered at auction for the first time from an important private European
collection, it was acquired in 1962, the same year that it was last seen in public.
Paysage aux troncs bleus , by Paul Gauguin (1848-1903), realised £4,521,250/ $7,107,405/
€5,597,308 (estimate: £3 million to £5 million). This recently rediscovered painting dates to the
artist’s historic first trip to Tahiti, in 1892, unrecorded in literature on the artist, it has remained in
the same private Norwegian collection for over half a century and has not been seen in public
since 1955.
A distinguished private collection of 14 bronze sculptures by Edgar Degas (1834-1917) which
provide a crucial perspective upon his work and working methods as he sculpted throughout his
oeuvre realised a combined total of £10,962,250/ $17,232,657/ €13,571,266 (individual estimates
started at £15,000 up to £2.5 million). The group was led by Degas’ Etude de nu pour la ‘Petite
danseuse de quatorze ans’ , conceived in 1878-79, which realised £2,841,250/ $4,466,445/ €3,517,468
(estimate: £1.8 million to £2.5 million). This work relates to his single most famous work, the
sculpture of the little dancer aged fourteen.
7/31/2019 Christie’S June Auctions Of Impressionist And Modern Art Realise £124.7 Million / $195.8 Million / €154.4 Million
Baigneuse, 1888, by Pierre-Auguste Renoir (1841-1919), was sold privately before the auction.
Full results of the sales can be found at the following link: http://www.christies.com/results/
About Christie’s
Christie’s, the world's leading art business, had global auction and private sales in 20 11 that totaled £3.6 billion/$5.7 billion.Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions throughthe centuries providing a popular showcase for the unique and the beautiful. Christie’s offers over 450 auctions annually inover 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Pricesrange from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clie nts inall categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Privatesales totaled £502 million / $808.6m in 2011, an increase of 44% on the previous year.
Christie’s has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, and Hong Kong. More recently, Christie’s has led the market withexpanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales andexhibitions in Beijing, Mumbai and Dubai.
* Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, financ ing fees or application of buyer’s or seller’s credits.
# # #
Images available on request
Visit Christie ’s Website at www.christies.com Complete catalogue available online at www.christies.com or via the C hristie’s iPhone app
London – Wednesday, 20 June 2012Sale no: 5465 – Top Ten
[All sold prices include buyer’s premium]
Sold: £92,583,550 $145,541,341 €114,618,435Lots Sold: 56 Lots Offered: 70 Sold by Lot: 80% Sold by £: 84%
Exchange Rate£:= $1.572 / € 1.238
Lot Description Estimate (£)Purchase
Price Buyer
11 Pablo Picasso (1881-1973), Femme assise, 19495,000,000 -7,500,000
£8,553,250$13,445,709 €10,588,924
US Trade
56René Magritte (1898-1967), Les jours gigantesques , 19282nd HIGHEST PRICE FOR THE ARTIST AT
AUCTION
800,000 -1,500,000
£7,209,250$11,332,941 €8,925,052
US Private
8 Pablo Picasso (1881-1973), Femme au chien,19626,000,000 -9,000,000
£6,985,250$10,980,813
€8,647,740
International Trade
9Paul Signac (1863-1935), La Corne d'Or, les minarets 1907
4,000,000 -6,000,000
£6,201,250$9,748,365 €7,677,148
European Private
57René Magritte (1898-1967), Le monde des images , circa 1961
2,000,000 -3,000,000
£4,857,250$7,635,597 €6,013,276
US Private
15Paul Gauguin (1848-1903), Paysage aux troncs bleus ,1892
3,000,000 -5,000,000
£4,521,250$7,107,405 €5,597,308
US Private
4Maurice de Vlaminck (1876-1958), Les régates à Bougival, 1905
3,500,000 -4,500,000
£3,625,250$5,698,893 €4,488,060
Anonymous
58 René Magritte (1898-1967), Shéhérazade , 19471,000,000 -1,500,000
£2,953,250$4,642,509 €3,656,124
European Private
29Edgar Degas (1834-1917), Etude du nu pour la 'Petite danseuse de Quatorze ans' , circa 1878-1881
1,800,000 -2,500,000
£2,841,250$4,466,445 €3,517,468
US Private
19Claude Monet (1840-1926), Le Chantier de petits navires, près de Honfleur , 1864
1,200,000 -1,800,000
£2,785,250$4,378,413 €3,448,140
Anonymous
Comment: See separate release
Press Contact: Hannah Schweiger 020 7389 2964 [email protected] Sale Date: The Impressionist and Modern Art Day Sale and Impressionist and Modern Art Works on Paper
sale will be held on 21 June 2012. Please click here to view the full schedule of upcoming sales from the department.
305 Auguste Rodin (1840-1917), Le baiser, 1912 150,000 - 250,000£325,250 $509,667
€401,359 European Trade
342Henry Moore (1898-1986), Small Maquette No. 2 for
Reclining Figure , 1950
300,000 - 500,000£313,250 $490,863
€386,551
European Trade
Comment: Jason Carey, Head of Day Sale, Impressionist and Modern Art, Christie’s London: “ The demand for the cross section of movements and periods offered within this sale - spanning Impressionism, Modernism, Surrealism and German Expressionism – was demonstrated by the top six lots, reconfirming the breadth and depth of the current market at this
price level. Buyers remain willing to pay strong prices for top quality works with good private provenance. The top lot by Picasso (lot 434) is the first London Day Sale work in this category to fetch in excess of £2 million.” Press Contact: Hannah Schweiger +44 207 389 2964 [email protected] Sale Date: The next sale of Impressionist and Modern Art will be held at Christie’s South Kensington
on Friday 22 June 2012.
Sold: £14,307,800 $22,420,323 €17,655,825
Lots Sold:94 Lots Offered:153 Sold by Lot: 61% Sold by £: 80%
Exchange Rate£:= $1.567 / €1.234
7/31/2019 Christie’S June Auctions Of Impressionist And Modern Art Realise £124.7 Million / $195.8 Million / €154.4 Million
147 Joan Miró (1893-1983), Painting , 1963 100,000 - 150,000
£265,250
$415,647
€327,318 European Private
148 Joan Miró (1893-1983), Femme dans la nuit , 1966 200,000 - 300,000£241,250
$378,039
€297,702
Trade
112Pablo Picasso (1881-1973), Nu debout et deux hommes ,1972
150,000 - 200,000£205,250
$321,627
€253,278
European Private
113Pablo Picasso (1881-1973), Homme à l'agneau et musicien , 1967
150,000 - 200,000£193,250
$302,822
€238,470
European Private
249Salvador Dalí (1904-1989), Le conseil des dieux
100,000 - 150,000£193,250 $302,822
€238,470
European Private
194 Wassily Kandinsky (1866-1944), Ohne Titel , 1911-1912 150,000 - 200,000£181,250
$284,019
€223,662
European Private
105Pablo Picasso (1881-1973), Chevalier en armure, page et femme nue , 1951
150,000 - 200,000£169,250 $265,215
€208,854
Trade
150 Joan Miró (1893-1983), Sans titre , 1952 180,000 - 250,000£169,250
$265,215
€208,854
Trade
134Marc Chagall (1887-1985), Moïse devant le buisson ardent ,1954
70,000 -100,000£169,250 $265,215
€208,854
European Private
Comment: Cornelia Svedman, Head of Sale, Impressionist and Modern Art Works on Paper, Christie’s
London: “Reflecting the strength of demand for Impressionist and Modern Works on Paper, this sale realised the highest total for the category in London since February 2008 and secured 66% market share against our nearest competitor for the UK June auction series.Seven of the top ten works were offered at auction for the first time, illustrating the importance and appetite for lots which are fresh to the market. The sale was led by an exemplary Schiele drawing from the height of the ar tist’s oeuvre. Buyers continue to compete particularly fiercely for colourful Modern works by Miró, Picasso and Chagall. The market responded well to the rare opportunity presented by the complete set of scenes from the Odyssey by Dalí (lot 247 - 263) which realised a combined total of £1,480,350.” Press Contact: Hannah Schweiger +44 207 389 2964 [email protected] Next Sale Date: The next sale of Impressionist and Modern Art will be held at Christie’s South Kensington
South Kensington – Friday, 22 June 2012Sale no: 6240 – Top Ten
[All sold prices include buyer‟s premium]
Lot Description Estimate (£)Purchase
Price Buyer
9 Jindrich Styrsky Church on a hill (recto); Saint Sebastian (verso),1921
30,000 - 50,000
£145,250$226,590 €180,255
European Private
178 Pierre-Auguste Renoir and Richard GuinoPetite Venus à la pomme
20,000 - 30,000£67,250$104,910 €83,457
European Private
141Moïse Kisling
Nu debout, 19188,000 - 12,000
£43,250$67,470 €53,673
Russian Private
194 Henri de Toulouse-LautrecHomme nu en buste
25,000 - 35,000 £42,050 $65,598 €52,184
European Private
184Gustave LoiseauVillage au Vandreauil
20,000 - 30,000£39,650 $61,854 €49,206
European Private
84Pablo PicassoTaureau, 1958
6,000 - 8,000£36,050$56,238 €44,738
European Trade
143 Jean-Gabriel DomergueLes quatre continents
25,000 - 35,000£34,850 $54,366 €43,249
Russian Private
193
Paul Gauguin
Femme nue debout, 1890-1891 10,000 - 15,000
£34,850
$54,366 €43,249 European Private
177Charles Camoin
Jeune fille au chat 30,000 - 50,000
£34,850 $54,366 €43,249
European Private
183Henri MartinPetit garçon au bord du Bassin du Jardin du Luxembourg à Paris
20,000 - 30,000£27,500$42,900 €34,128
European Trade
Comment: Michelle McMullan, Specialist and Head of Sale commented:
“The South Kensington sale of Impressionist and Modern Art demonstrated the strength of the middle market,
with Eastern European and Russian collectors playing a large part in the bidding, enticed by the high number of Czech and Russian artists represented in the sale. More than a quarter of the lots were bought or directly underbid via Christie‟s LIVE, including the top lot – a cubist landscape by Czech artist Jindrich Styrsky, unseen in over 70years, which sold for £145,250 to an online bidder. Smaller works by well-known artists also proved particularly popular, with Picasso‟s gold medallion „Taureau‟ fetching more than five times the estimate.
We look forward to the two-day auction of „Picasso Ceramics: The Madoura Collection‟ next Monday and Tuesday,25 and 26 June 2012.”
Press Contact: Leonie Pitts +44 (0)20 7752 3121 [email protected] Next Sale Date: For a full international schedule of upcoming sales from the department please click here
Sold: £1,462,238 $2,281,091 €1,814,637
Lots Sold: 161 Lots Offered: 258 Sold by Lot: 62% Sold by £: 76%Exchange Rate£:= $1.560/ €1.241
South Kensington – Monday and Tuesday, 25 & 26 June 2012Sale no: 4232 – Top Ten
[All sold prices include buyer’s premium]
Lot Description Estimate (£)PurchasePrice Buyer
39Pablo Picasso (1881-1973)Grand vase aux femmes voilées Conceived in 1950 and executed in an edition of 25
70,000 – 100,000
£735,650 $1,145,407
€914,413 Anonymous
41
Pablo Picasso (1881-1973)Grand vase aux femmes nues Conceived in 1950 and executed in an edition of 25
40,000 – 60,000£337,250 $525,098 €419,202
UK Private
94
Pablo Picasso (1881-1973)
Gros oiseau visage noir Concieved in 1951 and executed in an edition of 25
30,000-50,000
£289,250
$450,362 €359,538
European Trade
40Pablo Picasso (1881-1973)Grand vase aux danseurs Conceived in 1950 and executed in an edition of 25
60,000 - 80,000£265,250 $412,994 €329,706
Asian Private
15
Pablo Picasso (1881-1973)Gros oiseau corrida Conceived in 22 June 1953 and executed in an editionof 25
30,000 - 50,000£163,250$254,180 €203,920
Anonymous
109Pablo Picasso (1881-1973)Personnages et têtes Conceived in 1954 and executed in an edition of 25
30,000-50,000£133,250$207,470
€165,630 US Private
51
Pablo Picasso (1881-1973)Gros oiseau Conceived on 23 March 1953 and executed in anedition of 75
25,000 - 35,000£109,250$170,102
€135,798European Trade
74Pablo Picasso (1881-1973)Grand hibou Conceived in 1951 and executed in an edition of 200
6,000 - 8,000£99,650$155,155 €123,865
Anonymous
45
Pablo Picasso (1881-1973)Service scènes de corrida (set of 8 plates)Conceived on 1 July 1959 and executed in an editionof 50
30,000 - 50,000£97,250$151,418 €120,882
Russian Private
123
Pablo Picasso (1881-1973)Taureau Conceived on 29 March 1955 and executed in anedition of 100
18,000-25,000£97,250$151,418 €120,882
US Private
Comment: Please see separate release
Press Contact: Leonie Pitts +44 (0) 207 752 3121 [email protected] Next Sale Date: For a full international schedule of upcoming sales from the department please click here
Sold: £8,082,300 $12,584,141 €10,046,298 Lots Sold: 543 Lots Offered: 543 Sold by Lot: 100% Sold by £: 100%
PICASSO CERAMICS: THE M ADOURA COLLECTION Landmark auction of 543 lots is 100% sold
Marathon two-day sale achieves £8,082,300 / $12,584,141 / €10,046,298 – more than four times the pre-sale estimate
Four works exceed the previous world record price for a Picassoceramic edition sold at auction
The auction of Picasso Ceramics: The Madoura Collection in progress at Christie’s South Kensington
South Kensington – The two-day auction of Picasso Ceramics: The Madoura Collection on 25 and 26 June 2012 was
100% sold, realising £8,082,300 / $12,584,141 / €10,046,298 – more than four times pre-sale expectations
(estimate: £1,789,800 - £2,689,750). The auction offered 543 lots, including many ceramics which had remained
untouched since they were created, as well as prints, posters, photography and furniture from the Pottery,
presenting the last ever opportunity for collectors to purchase these works by Picasso directly from where they
were made, at the Madoura Pottery in Vallauris, France. Nearly 500 clients registered to bid in the sale which
lasted more than 13 hours in total, and buyers were from 43 different countries. The top lot of the sale was
Grand vase aux femmes voilées by Pablo Picasso (1881-1973). Conceived in 1950 and executed in an edition of 25
the work sold for more than ten-times the pre-sale estimate, realizing £735,650 / $1,145,407 / €914,413. This is
a new world record price for a Picasso ceramic edition at auction. The previous world record price for a Picasso
ceramic edition at auction was €312,750 / $414,073 achieved for an edition of Grand vase aux danseurs sold at anauction in December 2010. Four lots in the sale of Picasso Ceramics: The Madoura Collection exceeded this previous
record. *Please see separate document for the full top ten. A full results list can be viewed online here.
Christie’s established the world record price for an artwork sold at auction in New York in May 2010, when Nude, Green Leaves and Bust by Pablo Picasso, from the Collection of Mrs. Sidney F. Brody, sold for $106,482,500(£70,278,450/€81,991,525).
Christie’s is the market leader for sales of Picasso’s ceramics, having held regular sales dedicated to the specific category over the last five years – some of which were 100% sold by lot, with all sales exceeding 90% sold by lot.
Since the Royal Academy in London hosted the first ever display that focused exclusively on Picasso's clay works in1998, there has been a change in attitude to this portion of his oeuvre, with scholars now appreciating it as an extensionof his master works.
Christie’s South KensingtonOpen seven days a week, Christie’s South Kensington is one of the busiest salerooms in the UK attracting over 200,000 visitors each year. With over 100 sales and offering more than 20,000 lots annually, estimates start from £300. Interiorssales dedicated to home furnishings are held three times a month alongside regular Sunday sales of single-ownercollections. Specialised sales for the avid collector are scheduled throughout the year according to category, and includeFilm Posters, Pop Memorabilia, Antiquities, Jewellery, 20th Century British Art and Chinese Works of Art, among others.
In 2011 Christie’s South Kensington realised the highest ever total for the second successive year with sales of £115.9million / $186.6 million.
About Christie’sChristie’s, the world's leading art business, had global auction and private sales in 2011 that totaled £3.6 billion/$5.7billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well asinternational glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebratedauctions through the centuries providing a popular showcase for the unique and the beautiful. Christie’s offers over 450auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, OldMasters and Jewellery. Private sales totaled £502 million / $808.6m in 2011, an increase of 44% on the previous year.
Christie’s has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London,New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zürich, and Hong Kong. More recently, Christie’s has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successfulsales and exhibitions in Beijing, Mumbai and Dubai.*Estimates do not include buyer’s premium. Sales totals are hammer price plus buyer’s premium and do not reflect costs, finan cing fees or application of b uyer’s or seller’s credits.
CHRISTIE’S SOUTH KENSINGTON 85 Old Brompton Road, London, SW7 3LD
