News-Antique.com - Nov 10,2008 - This week Christie's New York achieved a combined total of $221,807,875/ £140,384,731/ €174,651,870 from five sales: The Modern Age: The Hillman Family Collection and The Collection of Alice Lawrence, The Impressionist and Modern Art Evening Sale, The Impressionist and Modern Art Day Sale, The Collection of Alice Lawrence Day Sale, and Impressionist and Modern Works on Paper.
Combined totals for the three Day Sales were $28,053,375, with The Collection of Alice Lawrence Day Sale selling 100% by lot.
New world auction records were set for paintings by Juan Gris and Alice Neel, a sculpture by Henri Laurens, and for works on paper by Georges Seurat and René Magritte.
Impressionist and Modern Works on Paper
Sold: $7,010,000 £4,436,709 €5,519,685
Lots Sold: 87 Lots Offered: 124 Sold by Lot: 70% Sold by $: 61%
Exchange Rate: £ = $1.58 / € = $1.27
Lot Description Estimate ($) Purchase Price Buyer
574 Pablo Picasso, Guitare, charcoal on paper, drawn in 1911-1912 500,000–700,000 $602,500
€474,409 US Private
553 Henri Matisse, Vue du Collioure, oil and charcoal on board, painted circa 1906-1907 300,000-400,000 $506,500
611 Salvador Dalí, Spring Explosive, work on paper, executed in 1965 200,000-300,000 $374,500
€294,882 US Private
540 Pablo Picasso, Portrait de femme, gouache on paper, painted in 1942 400,000-600,000 $362,500
541 Joan Miró, Metamorphose, work on paper, executed in 1936 300,000-400,000 $362,500
€285,433 European Trade
518 Egon Schiele, Liegende, conté crayon on paper, drawn in 1917 150,000-200,000 $314,500
€247,638 US Private
539 Henri Matisse, Grand nu, charcoal on paper, drawn in 1929 300,000-400,000 $254,500
562 Pablo Picasso, Homme à l’agneau, mangeur de pastèque et flutiste, crayon on paper, drawn in 1967 250,000-350,000 $242,500
€190,945 US Trade
538 Henri Matisse, Tête de femme avec collier, pen and India ink on paper, drawn in 1944 200,000-300,000 $194,500
€153,150 US Private
542 Alberto Giacometti, Matisse en fauteuil roulant, pencil on paper, drawn in 1954 200,000-300,000 $182,500
€143,701 European Trade
Sharon Kim, Senior Specialist and Head of Sale, says: “The classical, renowned names that truly shaped and defined ‘modern art’ such as Picasso, Miró, Matisse and Dalí were the most coveted artists of today’s well-priced sale. Provenance adds a premium, with art from private collections such as the Estate of Pierre-Noel Matisse and the Estate of Baroness Marcella Korff. Christie's remains the only international house in New York to hold sales dedicated to Impressionist and Modern Works on Paper.”
The combined total for Christie's November sales of Impressionist and Modern Art Day Sale and Works on Paper is $24,700,725.