Christie's NY Impressionist and Modern Week: Final Results Christie’s New York concluded its week of Impressionist and Modern art sales. The Works on Paper auction totaled $16.7 million, far exceeding its high pre-sale estimate of $14.2 million
News-Antique.com - May 17,2008 - Impressionist and Modern Works on Paper
New York – Wednesday, May 7, 2008
Sale no: 1996 – Top Ten
[All sold prices include buyer’s premium]
Sold: $16,695,550 £8,474,898 €10,771,323
Lots Sold: 79 Lots Offered: 91 Sold by Lot: 87% Sold by $: 94 %
Exchange Rate: £ = $1.97 / € = $1.55
Lot Description
Estimate ($)
Purchase Price
Buyer
137 Paul Klee, Heiliger Bezirk, watercolor on paper, 1932
NEW WORLD AUCTION RECORD FOR A WORK ON PAPER BY THE ARTIST 600,000-800,000 $2,953,000
£1,498,985
€1,905,161 Anonymous
134
Egon Schiele, Bildnis einer Dame mit orangefarbenem Hut
gouache and black Conté crayon on paper, 1910 150,000-200,000 $847,400
£430,152
€546,710 European Trade
158 Fernand Léger, Les femmes aux fleurs, oil, gouache and brush and India ink over pencil on paper, 1952 400,000-600,000 $780,200
£396,041
€503,355 Trade
141 Juan Gris, La Lampe, gouache, watercolor, charcoal and pencil on board, 1916 500,000-700,000
$690,600
£350,558
€445,548 American Private
129 Marc Chagall, Les Amoureux, gouache, watercolor, pastel and pencil on paper 400,000-600,000
$657,000
£333,503
€423,871 Anonymous
156 Marc Chagall, La peintre au chevalet à Saint-Paul
gouache and charcoal on paper, 1979 550,000-650,000 $601,000
£305,076
€387,742 American Private
112 Marc Chagall, Saltimbanque, gouache, watercolor and pastel on paper, circa 1927-1928 450,000-650,000 $577,000
£292,893
€372,258 Private
161 Joan Miró, Hommage d'amitié, gouache and brush and pen and India ink over pencil on paper, 1947 300,000-400,000 $553,000
£280,711
€356,774 European Trade
181 Joan Miró, Sans titre, gouache, watercolor and brush and India ink on paper, 1936 250,000-350,000 $505,000
£256,345
€325,806 European Private
149 Pablo Picasso, L'artiste et son modèles, pen and India ink and brush and gray wash on paper, 1933 200,000-300,000 $493,000
£250,254
€318,065 Private
Sharon Kim, Senior Specialist and Head of Sale, says:
“Following on from the success of last night's Evening Sale, we are delighted with the results of this morning's Works on Paper sale that confirms the continued strength and confidence of the international Impressionist and Modern art market. Christie’s remains the only international auction house to hold sales dedicated to Impressionist and Modern Works on Paper, and the auction total of $16.7 million far exceeded our highest pre-sale expectations of $14.2 million. We were particularly pleased with the new work on paper record for Paul Klee, and we now look forward to the Day Sale.”