SOTHEBY'S RESULTS: JUNE SERIES OF IMPRESSIONIST & MODERN ART SALES IN LONDON REALISES £130 MILLION SOTHEBY’S JUNE SALE OF IMPRESSIONIST & MODERN ART TOTAL OF £102.2 MILLION (US$201.2 MILLION), EXCEEDS HIGH ESTIMATE OF £97.4 MILLION
Sainte-Adresse was one of three works that Marquet himself chose for the Toison d’Or
exhibition held in Moscow in 1909, which was one of the first exhibitions to introduce Fauve art to
Russian audiences. Not seen in public since 1976, the work aroused strong interest, selling for a record
£1,217,250 – more than three times its top estimate of £600,000).
Statistics:
• Average lot value: £2,044,930
• 5 lots sold for over £5 million
10 lots sold for over $5 million
25 lots sold for over £1 million
45 lots sold for over $1 million
• 56% of lots sold achieved prices in excess of high estimate - the highest such percentage for a
June sale (51% in June 07)
• 2 new auction records were established:
Lot 21
Gino Severini
Danseuse
Estimate: £7,000,000 – 10,000,000
Sold for: £15,049,250 – ALSO A RECORD FOR ANY FUTURIST WORK OF ART SOLD AT
AUCTION (Previous record: Giacomo Balla, La Scala degli Addii (Salutando), SNY 1990 - £2.61 million)
Lot 8
Albert Marquet
La Plage de Sainte-Adresse
Estimate: £400,000 – 600,000. Sold for: £ 1,217,250
Buyer Breakdown (by lot) :
Europe 70%
USA 28%
Other 2%
