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Records Smashed at Christie's Contemporary Art Sale

27 June 2012
Christie's London Evening Auction of Post-War & Contemporary Art realises £132.8M / $207.3M / €165.8M, the highest ever result for the category in Europe.
Christie's London Evening Auction of Post-War & Contemporary Art realises £132.8M / $207.3M / €165.8M, the highest ever result for the category in Europe.
(Christie's Images Ltd 2012)

In London on Wednesday, post-war and contemporary art totaled $207.3 million, against an estimate of $160.1 million to $216.9 million, the highest total ever in the category for Christie’s in Europe.

Collectors, primarily from Europe and America, clamored for quality. Among the highlights was Yves Klein’s “Le Rose du Bleu (RE 22) which fetched an artist auction record of $36.7 million.

A 1981 Jean-Michel Basquiat, estimated to bring $15.6 million to $23.4 million, went for a record $20.1 million.

Lacking the star lots of Christie's sale, competitor Sotheby's made $108 million the night before.

 

Read more at New York Times
Categories: contemporary art
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