CHRISTIE’S INTERNATIONAL ANNOUNCES HISTORIC WORLDWIDE SALES CHRISTIE’S INTERNATIONAL ANNOUNCES HISTORIC WORLDWIDE SALES OF £1.63 BILLION ($3.25 BILLION) FOR THE FIRST HALF OF 2007, UP 32% BY £ OR 45% BY $ FROM THE SAME PERIOD LAST YEAR
£792 million $1.58 billion
King Street £589 million $1.17 billion
South Kensington £41 million $81 million
Paris £68 million $136 million
Dubai £11 million $21 million
United States £635 million $1.26 billion
Rockefeller Center £631 million $1.25 billion
Asia £98 million $195 million
Top International Department Totals for January – June 2007
Key auction department increases for the first half of 2007 compared to the same period last year include: Post-War and Contemporary Art, up 111% (132% by $); Impressionist & Modern Art, up 28% (41% by $); Asian Art, up 39% (52% by $). The breakdown of categories is as follows:
Post-War & Contemporary Art £459 million $914 million
Impressionist & Modern Art £435 million $865 million
Asian Art £147 million $293 million
Jewellery, Jadeite, Watches £105 million $209 million
British & Irish Art £77 million $154 million
European Furniture £55 million $109 million
Old Masters (Paintings & Drawings) £54 million $107 million
Russian Paintings & Works of Art £35 million $69 million
American Paintings £31 million $62 million
20th Century Decorative Arts £19 million $38 million
Prints £18 million $35 million
Books & Manuscripts £17 million $33 million
Silver £11 million $22 million
Top Ten Lots Sold at Christie’s Worldwide for January – June 2007
1. Andy Warhol, Green Car Crash (Green Burning Car I) £36,040,201/$71,720,000
Post-War and Contemporary Art, Christie’s New York, May 16
2. Claude Monet, Waterloo Bridge, temps couvert, 1904 £17,940,000/$35,539,140
Impressionist and Modern Art, Christie’s London, June 18
3. Andy Warhol, Lemon Marilyn £14,090,452/$28,040,000
Post-War and Contemporary Art, Christie’s New York, May 16
4. Francis Bacon, Study for Portrait II £14,020,000/$27,549,300
Post-War and Contemporary Art, Christie’s London, February 8
5. Mark Rothko, Untitled £13,527,638/$26,920,000
Post-War and Contemporary Art, Christie’s New York, May 16
6. Mark Rothko, Untitled £11,276,382/$22,440,000
Post-War and Contemporary Art, Christie’s New York, May 16
7. Willem de Kooning, Untitled I £9,587,940/$19,080,000
Post-War and Contemporary Art, Christie’s New York, May 16
8. Pablo Picasso, Tête et main de femme £9,306,533/$18,520,000
Impressionist and Modern Art, Christie’s New York, May 9
9. Alberto Giacometti, L’homme qui chavire £9,306,533/$18,520,000
Impressionist and Modern Art, Christie’s New York, May 9
10. Juan Gris, Le pot de géranium £9,306,533/$18,520,000
Impressionist and Modern Art, Christie’s New York, May 9
Additional International Highlights and Events for January – June 2007
UK
January – David Linley is appointed Chairman of Christie’s UK.
February – Christie’s International announces the acquisition of Haunch of Venison, the renowned contemporary art gallery with exhibition spaces in London, Zurich and Berlin, in line with a major initiative focused on entering the primary art market and developing the private post-war and contemporary art sales business worldwide.
February/June – In February, Christie’s London sales of Impressionist, Modern, Post-War and Contemporary Art realize a combined total of £200 million ($392 million), the highest ever achieved for a week of art sales in Europe – 17 new world records are established, with 42 works selling for over £1 million (78 above $1 million). The second session of evening sales in