"The night started with a sale of 13 lots from the estate of the late Chicagoan collectors Cindy and Jay Pritzker that surpassed Sotheby's high estimate of $88.5.m to bring in $91.7m ($109.5m with fees). A stellar group of 24 works by Surrealist heavy-hitters from an unnamed collection (marketed as "Exquisite Corpus") followed, generating $81.9m ($98m with fees), squarely within the group's estimate range ($66.7m-$98.9m)."
""People responded really well to the single-owner collections, both the Pritzkers and Exquisite Corpus, but also the collections within the multiple-owner sale, from the [Matthew and Carolyn] Bucksbaum collection, Geri Brawerman's collection and others," Helena Newman, Sotheby's chairman of Europe and worldwide chairman of Impressionist and Modern art-who commanded the rostrum for the third of the night's sales-said afterwards. "The focus on Surrealism tonight was really reflective of the surge"
Sotheby's closed three back-to-back sold-out evening auctions in New York that totaled $252.9m hammer ($304.5m with fees). The estate of Cindy and Jay Pritzker contributed 13 lots that brought $91.7m ($109.5m with fees), exceeding estimates. A 24-work Surrealist group marketed as "Exquisite Corpus" realized $81.9m ($98m with fees), within its estimate range. A multiple-owner Modern art sale, after three withdrawals, took $78.9m ($96.9m with fees) across 29 lots. Helena Newman cited single-owner collections and renewed interest in Surrealism as key demand drivers. Frida Kahlo's El sueño (La cama) sparked intense bidding and surpassed its $40m low estimate.
Read at The Art Newspaper - International art news and events
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