Christie’s New York 21st-century evening auction concluded with $162.7 million from 42 lots on May 20, a 69% increase versus the same sale the prior year and the highest New York evening total in the category since 2021. Bidding was largely measured and the sale finished just above its $132.3 million presale low estimate. The night opened with Henry S. McNeil Jr.’s Minimalism works, including a 12-lot set totaling $25.9 million. Key results included Donald Judd’s Plexiglas stack selling for $12.8 million, Richard Artschwager’s Two-Part Invention exceeding its estimate, and Carl Andre’s corner work reaching $1.1 million. The centerpiece was eight Gerhard Richter works from Marian Goodman’s collection totaling $78.8 million, led by Kerze (Candle) at $35.1 million.
"The house's 21st-century evening auction brought in $162.7 million on May 20, a 69 percent increase from the same auction last year. It was the house's highest New York evening sale total in the category since 2021."
"In the end, the evening sale saw largely measured bidding and hammered at just above its presale low estimate of $132.3 million."
"The 42-lot night began with a single-owner sale of works by giants of Minimalism that were owned by Henry S. McNeil Jr. Auctioneer Yü-Ge Wang called McNeil a "curator of art and ideas." The 12-lot set realized $25.9 million, above a low estimate of $21.8 million. The star lot was a Judd Plexiglas stack in 10 parts, which sold for $12.8 million (all sales prices include fees, unless noted)."
"The heart of the sale was a run of eight Gerhardt Richter works from the collection of the late gallerist Marian Goodman. The group realized $78.8 million, led by a photorealistic painting, Kerze (Candle), 1982, which sold for $35.1 million, far from threatening its presale high estimate of $50 million. Six of the other seven lots by the artist passed their high estimates, with buyer's premium included."
Read at Artnet News
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