The evening sale on May 20 featured 42 lots across a 21st century evening sale and a single-owner auction from Henry S. McNeil’s collection, with additional works from the estate of Marian Goodman. The hammer total reached $132m, or $162.6m with fees, slightly above the low end of the pre-sale estimate range of $129m to $191m. Only one lot was passed and one was withdrawn, resulting in a 95% sell-through rate. The 21st century evening sale portion totaled $136.8m with fees, 42% higher than the prior May and the highest in five years for Christie's New York. Donald Judd’s plexiglass and copper stack sculpture led the single-owner sale at $10.6m, while Richard Artschwager’s final lot drew unexpected attention.
"In total, the night featured 42 lots and achieved a hammer total of $132m ($162.6m with fees), putting it just over the low end of Christie's pre-sale estimate of $129m to $191m for the night (estimates are calculated without fees). Just one work was passed, Ed Ruscha's 2000 canvas Career Sportswear (est $3.5m-$5.5m), and one was withdrawn, an acrylic-on-PVC work by Kerry James Marshall (est $2m-$3m), making for a healthy sell-through rate of 95%. The $136.8m (with fees) total for the 21st century evening sale portion of the night was 42% higher than last May's equivalent sale, and marks the highest 21st century evening sale total at Christie's New York in five years, according to a press release from the auction house."
"Beginning Wednesday's proceedings were 12 Minimalist works from the Philadelphia home of Henry S. McNeil Jr, who was thought to have amassed one of the greatest private collections of the post-war style. The top lot from the single-owner sale was Donald Judd's untitled plexiglass and copper stack sculpture, which hammered for $10.6m ($12.8m with fees) to a phone bidder via Christie's global president Alex Rotter, after a three-way, four-minute tussle, making a new record for a Judd stack at auction."
"While the Judd stack predictably commanded the sale's top price, the surprise star of the collection was its final lot: Richard Artschwager's Two-Part Invention (1967), an understated sculpture composed of two modular wooden pieces, one placed on the floor and the other affixed to a wall above. Estimated at $60,000 to $80,"
Read at The Art Newspaper - International art news and events
Unable to calculate read time
Collection
[
|
...
]