"The art market's surprising recovery continued yesterday (19 November)at Rockefeller Centre, thanks to Christie's 21st century evening sale hauling in $99.5m, or $123.5m with fees. The result eclipsed last November's equivalent sale that realised $106.5m with fees. Last night's tally before fees fell midway between pre-sale expectations of $87m to $127m. Out of the 45 lots offered, just one-a Cecily Brown abstract-failed to sell, making for an almost-perfect buy-in rate of 98%."
"The evening got off to a peppy start with 19 lots from the storied holdings of the Chicago collectors Gale Neeson and the late Stefan Edlis, ranging from Andy Warhol's silhouetted Skull (1976) in acrylic and silkscreen ink on canvas, which sold for $1.5m ($1.9m with fees), to Richard Prince's gun toting painted bronze mannequin, Untitled (Cowboy) (2011-13) that sold to a telephone bidder for $2.7 m ($3.3m with fees)."
"Back in the salesroom, Cindy Sherman's black and white Untitled Film Still #13" from 1978, featuring the artist posed as a headband wearing librarian stacking books, triggered a bidding war and made $1.8m ($2.2m with fees) and Ed Ruscha's ice blue hued and mural scaled How Do You Do? from his Mountain Paintings series brought $5.5m ($6.7m with fees). The Sherman last appeared at auction in May 2000 when it sold for $150,000 hammer."
Christie's 21st century evening sale at Rockefeller Centre realised $99.5m hammer ($123.5m with fees), surpassing last November's $106.5m with fees. The sale fell between pre-sale expectations of $87m to $127m, with 44 of 45 lots sold for a 98% buy-in rate. Thirty-three lots carried guarantees, including 24 third-party and nine house guarantees. Three artist auction records were set for Firelei Báez, Joan Brown and Olga de Amaral. Highlights included works from the Gale Neeson and Stefan Edlis collection, Andy Warhol's Skull, Richard Prince's Untitled (Cowboy), Cindy Sherman's Untitled Film Still #13 and Ed Ruscha's How Do You Do?.
Read at The Art Newspaper - International art news and events
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