Sotheby's London - Contemporary Art Evening - February 27, 2008 Tonight’s sale of Contemporary Art in London was record-breaking, realising £95,030,000 ($189,423,299) against a pre-sale estimate of £72,025,000-102,855,000.
the Anthony d’Offay Gallery, London in 1986.
In tonight's sale, Chinese Contemporary Art of the highest quality by some of the most important artists
living and working in China today, achieved a total of £5,978,700 ($11,917,343). Zhang Xiaogang’s
Big Family No. 1, executed in 2001 - by far the largest work by the artist to come to auction to date and
the culmination of the artist’s ‘Bloodlines’ series - was the top selling lot of the section, selling for
£1,700,500 ($3,389,607) against an estimate of £1,500,000-2,000,000. Other works in the section that
also performed well include Comrades by Zhang Xiaogang, which commanded £1,140,500
($2,273,359), Yan Pei-Ming's Silver Bruce Lee - the first image of the Kung Fu icon ever to appear at
auction - which brought £692,500 ($1,380,360) and Fools in the Night by Yue Minjun, which sold for
£916,500 ($1,826,859).
ARTIST RECORDS ACHIEVED IN THIS EVENING’S SALE
Lot 4
JUAN MUÑOZ
BROKEN NOSE II
Est: £200,000-300,000
Sold for: £356,500 ($710,611)
Lot 5
GILBERT & GEORGE
BAD THOUGHTS NO. 2
Est: £300,000-500,000
Sold for: £636,500 ($1,268,735)
Lot 8
GERHARD RICHTER
KERZE (CANDLE)
Est: £1,800,000-2,500,000
Sold for: £7,972,500 ($15,891,584)
Lot 10
PAULA REGO
BAYING
Est: £350,000-500,000
Sold for: £558,100 ($1,112,461)
Lot 16
LUCIO FONTANA
CONCETTO SPAZIALE, LA FINE DI DIO
Est: in excess of £4 million
Sold for: £10,324,500 ($20,579,826)
Lot 28
MALCOLM MORLEY
CRISTOFORO COLOMBO
Est: £175,000-225,000
Sold for: £502,100 ($1,000,836)
IMAGES ARE AVAILABLE ON REQUEST
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