7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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CHRISTIES FEBRUARY AUCTIONS OF

POST-WAR & CONTEMPORARY ART

REALISE 96.3 MILLION / $150.4 MILLION / 111.5 MILLION

Crossing Generations, Geographies and Price Levels:

Clients in their 20s through to their 80s bid from across the globe

Ten Artist Records Established in 2 Days

19 works sell for over 1 million / 27 for over $1 million

A selection of 71 works from the Collection of Mrs. Ingvild Goetz totals 6.7 M / $10.4 M/7.7 M

Proceeds to Benefit Various Charitable Organisations

London - On 13 and 14 FebruaryChristies Auctions ofPost-War & Contemporary Artin London welcomed new

and established bidders in their 20s through to their 80s who competed for works at every price level, resulting a

combined total of 96,306,275 / $150,418,090 / 111,575,060. Buyers from 33 countries on 5 continents,

demonstrate a truly global appetite for the category. In total, 19 works sold for over 1 million (27 for over $1

million).

The top price of the week was paid for Jean-Michel Basquiats Museum Security (Broadway Meltdown), whichsold in the Evening Auction for 9,337,250 / $14,603,459 / 10,821,873 (evening auction; lot 30; estimate: 7 to

9 million; illustrated above centre).

The top lot of the Day Auction was Robert Indianas Love, which sold for 565,250 / $876,137 / 653,429 (lot

192; estimate: 450,000-550,000; illustrated above right).

A selection of 71 works of art from the Collection of Mrs. Ingvild Goetz totalled 6,741,026 / $10,448,590 /

7,792,625. The top lot of the collection was Christopher Wools Mad Cow, which sold for 2,281,250 /

$3,567,875 / 2,643,969 (evening auction; lot 4; estimate: 700,000-900,000; illustrated aboveleft).

P R E S S R E L E A S E | L O N D O N | 1 4 F e b r u a r y 2 0 1 3

F O R I M M E D I A T E R E L E A S E

7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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TOP LOT OF THE WEEK:On 14 of February, Jean-Michel Basquiats Museum Security (Broadway Meltdown) sold for 9,337,250/ $14,603,459/

10,821,873 (estimate: 7,000,000-9,000,000). A world renowned masterpiece it was completed in 1983, at the very

pinnacle of the artists ascent to international critical acclaim. Included in the Whitney Biennial in 1984, the painting was

also exhibited in Basquiats second solo show at Gagosian in LA as well as in the most recent major retrospective of the

artists work at the Fondation Beyeler, Basel. This extraordinary, large scale painting perfectly encapsulates the artists

powerful downtown graffiti style and vocabulary that marks the very best works in his oeuvre.

Offered over both the evening and the day auctions, a selection of 71 works from the renowned Collection of Mrs. Ingvild

Goetz totaled 6,741,026 / $10,448,590 / 7,792,625, multiplying the combined pre-sale estimate (1,550,000-2,110,000).

The top lot from the collection was Christopher Wools Mad Cow, a 1997 painting realised on a large-scale aluminium

panel which sold for 2,281,250 / $3,567,875 / 2,643,969(evening auction; lot 4; estimate: 700,000-900,000).

The proceeds of the sales will benefit Mrs. Goetzs long-term philanthropic projects, including support for charitable

organisations which battle anorexia and the improvement of the conditions for asylum seekers, a cause that she has

embraced for many years.

An additional 53 lots from the Goetz collection will be offered at Christie's South Kensington on 17 April 2013.

10 ARTIST RECORDS:

EVENING AUCTIONLot 9, Peter Doig, price realised: 7,657,250 $11,975,939 8,874,753

Lot 14, Michelangelo Pistoletto, price realised: 1,273,250 $1,991,363 1,475,697

Lot 33, Allen Jones**, price realised: 2,169,250 $3,392,707 2,514,161

Lot 46, Pierre Soulages, price realised: 3,289,250 $5,144,387 3,812,241

Lot 70, Wade Guyton, price realised: 735,650 $1,150,557 852,618

DAY AUCTION

Lot 109, Carroll Dunham, price realised: 277,250 / $433,619 / 320,501

Lot 121, Kelley Walker & Wade Guyton***, price realised: 109,250 / $170,867 / 126,293

Lot 122, Ryan Trecartin & Lizzie Fitch***, price realised: 21,250 / $33,235 / 24,565

Lot 231, Nate Lowman, price realised: 163,250 / $255,323 / 188,717

Lot 232, Valentin Carron, price realised: 30,000 / $46,920 / 34,680

Lot 235, Adam McEwen, price realised: 127,250 / $199,019 / 147,101

**World auction record for a set by the artist.***World auction record price for a joint work by the artists.

PRESS CONTACT: Cristiano De Lorenzo | +44 207 389 2283 |cdelorenzo@christies.com

About Christies

Christies, the world's leading art business, had global auction and private sales in 2012 that totaled 3.92 billion/$6.27 billion. Christies is a name andplace that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie,

Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the

beautiful. Christies offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewe llery, photographs,

collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for

its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Private sales totaled

631.3 million/$1 billion in 2012, an increase of 26% on the same period last year.

Christies has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan,

Amsterdam, Dubai, Zrich, and Hong Kong. More recently, Christies has led in grow th markets such as Russia, China, India and the Middle East, with

successful sales, exhibitions and initiatives in Moscow, Baku, Beijing, Mumbai, Delhi, Jeddah, Abu Dhabi, Doha and Dubai.

*Estimates do not include buyers premium. Sales totals are hammerprice plus buyers premium and do not reflect costs, financing fees or application

of buyers or sellers credits.

Images available on requestComplete catalogue available online atwww.christies.com or via the Christies iPhone app

FOLLOWCHRISTIESON:

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7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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CHRISTIES EVENING AUCTIONOF

POST-WAR & CONTEMPORARY ARTTOTALS 81.6 / $127.7 / 94.6 MILLIONGlobal Bidding Results in Highest Total for a February Evening Auction of

Post-War & Contemporary Art at Christies London

A CELEBRATION OF 20TH

CENTURY BRITISH ART LED BY RECORD-BREAKING DOIG MASTERPIECE

In total 19 lots sold for over 1 million and 27 lots for over $1 million.Five Artist Records Established

London - On 13 February, Christies London evening auction of Post-War & Contemporary Art realised a total of

81,668,850 / $127,730,081 / 94,654,197, selling 96% by value and achieving the highest total for a February Evening

Auction of Post-War & Contemporary Art at Christies London.

The top price of the evening was paid for Jean-Michel Basquiats Museum Security (Broadway Meltdown), which sold for

9,337,250 / $14,603,459 / 10,821,873 (estimate: 7 to 9 million) ( illustrated above). A selection of works offered from

the collection of Mrs. Ingvild Goetz realised 4,286,750 ($6,704,477 / 4,968,343), achieving three times the low pre-sale

estimate.

Francis Outred, International Director and Head of Post-War&Contemporary Art, Christies Europe: An exciting night of

Christies theatre saw Jussi Pylkannen excelling in the face of an unprecedented volume of bidding fro m around the world.

Some works carried up to fourteen phone lines, as the thirst for post-war & contemporary art continues to develop. Five

world records were achieved, including for Peter Doig and Pierre Soulages, the new and the old masters in our field,

alongside the consistent growth of the market for Basquiat, Bacon, Hockney and Richter. Christies was privileged to be able

to present a selection of special works generously offered by Mrs. Ingvild Goetz, which achieved three times the pre-sale low

estimate raising funds for the much needed and under-supported causes of anorexia and asylum seekers.

P R E S S R E L E A S E | L O N D O N | 1 3 F e b r u a r y 2 0 1 3

F O R I M M E D I A T E R E L E A S E

Jussi Pylkknen, President of Christies EMERI, selling the top lot of the sale:

Jean-Michel Basquiats Museum Security (Broadway Meltdown)

Painted in 1983 it sold for 9.3 million / $14.6 million.

7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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TOP LOT:Jean-Michel Basquiats Museum Security (Broadway Meltdown) sold for 9,337,250/ $14,603,459/ 10,821,873

(estimate: 7,000,000-9,000,000). A world renowned masterpiece it was completed in 1983, at the very pinnacle of

the artists ascent to international critical acclaim. Included in the Whitney Biennial in 1984, the painting was also

exhibited in Basquiats second solo show at Gagosian in LA as well as in the most recent major retrospective of the

artists work at the Fondation Beyeler, Basel. This extraordinary, large scale painting perfectly encapsulates the

artists powerful downtown graffiti style and vocabulary that marks the very best works in his oeuvre.

FURTHER HIGHLIGHTS OF THE SALE:

Gerhard Richters Abstraktes Bild(2004) sold for 8,441,250 / $13,202,115 / 9,783,409 (estimate on request). A

majestic abstract painting and one of the most important examples from the artists late oeuvre, it demonstrates

Richter having mastered his practice, recalling his opulent abstracts from the early 1990s including the suite of four

Bach abstract paintings now housed in the Moderna Museet, Stockholm, Sweden and importantly prefiguring

Richters major suite of Cage paintings (2006).

Peter Doigs The Architects Home in the Ravine (1991) sold for 7,657,250 / $11,975,939 / 8,874,753 setting a

new world record price for the artist at auction(estimate: 4,000,000-6,000,000). Formerly in the Saatchi Collection,

this epic masterpiece dates from a pivotal moment in the artists career. It recreates Canadian architect Eberhard

Zeidlers modernist home in Rosedale at the heart of the Toronto ravine. The work was painted shortly after Doigs

graduation from the Chelsea College of Art and Design when he was awarded the prestigious Whitechapel Artist

Prize culminating in a solo exhibition at the Whitechapel Art Gallery in 1991. Many of the works from this period are

now housed within international museum collections including: The House that Jacques Built (1992), Tel Aviv

Museum of Art, Boiler House (1994), promised to the San Francisco Museum of Modern Art, and Ski Jacket(1994),

Tate Modern, London. When it first appeared at auction in June 2002 in London, The Architects Home in the Ravine

realised 314,650 setting a record price for the artist. It was sold again in New York in May 2007 when it fetched $3.6

million.

Francis Bacons Man in Blue VI (1954) sold for 4,969,250 / $7,771,907 / 5,759,361 (estimate: 4,000,000-

6,000,000). The penultimate painting in Bacons seminal suite ofMan in Blue paintings (1954), Man in Blue VI is a

stirring and profoundly perceptive portrait of existential, post-War Europe. Three paintings from this landmark series

are now housed in museums including Man in Blue I, Museum Boijmans Van Beuningen, Rotterdam; Man in Blue IV,

Museum Moderner Kunst Stiftung Ludwig, Vienna and Man in Blue V, Kunstsammlung Nordrhein Westfalen,Dsseldorf. Man in Blue VI was acquired by the previous owner in 1971 for 31,000 and has been in their possession

ever since.

David Hockneys Great Pyramid at Giza with Broken Head from Thebes sold for 3,513,250 / $5,494,723 /

4,071,857, becoming the 2nd

highest price for the artist at auction (estimate: 2,500,000-3,500,000). A unique,

landmark painting, it stands as the only canvas to commemorate Hockneys first trip to Egypt at the age of 26. Egypt

had long been a source of fascination for Hockney, first appearing as a theme in his work as early as 1961. The

fascination developed through his encounter with ancient Egyptian art at the Pergamon Museum, Berlin, as well as

his admiration for Greek-Alexandrian poet Constantine P. Cavafy. It was only in 1963 however, at the age of twenty-

six that Hockney was eventually to travel to the country. Forming part of an important British collection for more

than forty years, this is the first time that this painting has ever been seen at auction. Christie's holds the currentauction record for Hockney with Beverly Hills Housewife which realized $7,922,500 in New York in May 2009.

Allen Joness Table, Chair, Hatstandsold for 2,169,250 / $3,392,707 / 2,514,161, setting a world record price for

a set by the artist at auction (estimate: 1,500,000-2,000,000). A true icon of Pop, this subversive mnage of

sculptures was executed in 1969 at the height of the British artists career. Jones grew out of the wave of Pop art

that was spreading across Britain and the United States during the Swinging Sixties. Schooled by Richard Hamilton

at the Royal College of Art, he was one of a new generation of British artists including David Hockney challenging

conventions and embracing their sexuality.

Damien HirstsAway from the Flock (Divided) sold for 1,945,250 / $3,042,371 / 2,254,545 (estimate: 1,800,000-

2,500,000). A single sheep, suspended within two perfectly proportioned Minimalist tanks, it is an early masterpiecefrom Hirsts celebrated Natural Historyseries. Created in 1995, the same year Damien Hirst was awarded the Turner

Prize, this work follows in a sequence of important bisected Natural Historyworks. A key early work, Hirst created

four versions ofAway from the Flock, with this work being the sole bisected example. The sheep has become an

important symbol for Hirst: first realised in 1994 for the group exhibition curated by Hirst, Some Went Mad, Some

Ran Away, at the Serpentine Gallery, London, Hirst created the seminal work Away from the Flock, now housed in

the collection of Tate and National Galleries of Scotland.

7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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Michelangelo Pistolettos Autoritratto del 62 (Self-Portrait of 62) realised 1,273,250 $1,991,363 1,475,697

doubling the previous artist record also set at Christie's London in October 2012, when Metrocubo dinfinito (Cubic

Meter of Infinity) (1966) sold for 690,850 / $1,105,360 / 858,727.

A selection of works offered from the Collection Mrs. Ingvild Goetz totalled 4,286,750 / $6,704,477 / 4,968,343

(combined pre-sale estimate: 1,550,000-2,110,000). The top lot from the collection was Christopher Wools Mad

Cow, a 1997 painting realised on a large-scale aluminium panel which sold for 2,281,250 / $3,567,875 / 2,643,969

(lot 4; estimate: 700,000-900,000). The remaining 120 works of art from the celebrated collection of Mrs. Goetz will

be offered in London over two additional auctions, one tomorrow (14 February) (lots 101-163) and one in April 2013.

The proceeds of the sales will benefit Mrs. Goetzs long-term philanthropic projects, including support for charitable

organisations which battle anorexia and the improvement of the conditions for asylum seekers, a cause that she has

embraced for many years.

The Post-War and Contemporary Art Day Auction will take place on 14 February, at 1pm.

ARTIST RECORDS:

Lot 9, Peter Doig, price realised: 7,657,250 $11,975,939 8,874,753

Lot 14, Michelangelo Pistoletto, price realised: 1,273,250 $1,991,363 1,475,697

Lot 33, Allen Jones**, price realised: 2,169,250 $3,392,707 2,514,161

Lot 46, Pierre Soulages, price realised: 3,289,250 $5,144,387 3,812,241

Lot 70, Wade Guyton, price realised: 735,650 $1,150,557 852,618

**World auction record for a set by the artist.

PRESS CONTACT: Cristiano De Lorenzo | +44 207 389 2283 |cdelorenzo@christies.com

About Christies

Christies, the world's leading art business, had global auction and private sales in 2012 that totaled 3.92 billion/$6.27 billion.

Christies is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international

glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through

the centuries providing a popular showcase for the unique and the beautiful. Christies offers over 450 auctions annually in over

80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range

from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all

categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Private sales

totaled 631.3 million/$1 billion in 2012, an increase of 26% on the same period last year.Christies has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New

York, Paris, Geneva, Milan, Amsterdam, Dubai, Zrich, and Hong Kong. More recently, Christies has led in growth markets such

as Russia, China, India and the Middle East, with successful sales, exhibitions and initiatives in Moscow, Baku, Beijing, Mumbai,

Delhi, Jeddah, Abu Dhabi, Doha and Dubai.

*Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs,

financing fees or application of buyers or sellers credits.

Images available on request

Complete catalogue available online atwww.christies.com or via the Christies iPhone app

# # #

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7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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P O S T - W A R & C O N T E M P O R A Y A R T E V E N I N G A U C T I O N

London, 13 February 2013, Sa le 1106

[All sold prices include buyers premium]

65 lots sold Total: 81,668,850/$127,730,081/94,654,197 90% sold by lot72 lots offered $1.564 = 1 /1.159 =1 96% sold by valueLot Description Estimate () Price Realised Buyer

30Jean-Michel Basquiat (1960-1988),Museum Security

(Broadway Meltdown), 1983 7,000,000 - 9,000,000

9,337,250

$14,603,459

10,821,873

European Private

28 Gerhard Richter (b. 1932),Abstraktes Bild, 2004 Estimate on Request

8,441,250

$13,202,115

9,783,409

Private

9

Peter Doig (b. 1959), The Architect's Home in the Ravine,

1991

WORLD RECORD PRICE FOR THE ARTISTAT AUCTION

4,000,000-6,000,000

7,657,250

$11,975,939

8,874,753

European Private

15 Francis Bacon (1909-1992) Man in Blue VI, 1954 4,000,000 - 6,000,000

4,969,250

$7,771,907

5,759,361

Anonymous

23 Lucio Fontana (1899-1968), Concetto spaziale, Attesa, 1964 1,800,000 - 2,500,000

3,961,250

$6,195,395

4,591,089

European Private

12

David Hockney (b. 1937), Great Pyramid at Giza with

Broken Head from Thebes, 1963

2ND HIGHEST PRICE FOR THE ARTIST AT

AUCTION

2,500,000 - 3,500,000

3,513,250

$5,494,723

4,071,857

European Private

46

Pierre Soulages (b. 1919), Peinture 202 x 156 cm, 27 mars

1961, 1961

WORLD RECORD PRICE FOR THE ARTIST

AT AUCTION

500,000 - 700,000

3,289,250

$5,144,387

3812,241

European Private

4 Christopher Wool (b. 1955),Mad Cow, 1997 700,000 - 900,000

2,281,250

$3,567,875

2,643,969

European Private

33

Allen Jones (b. 1937), Hatstand, Table and Chair, 1969

WORLD RECORD PRICE FOR A SET BY THE

ARTIST AT AUCTION

1,500,000 - 2,000,000

2,169,250

$3,392,707

2,514,161

European Trade

17Damien Hirst (b. 1965),Away From the Flock (Divided),

19951,800,000 - 2,500,000

1,945,250

$3,042,371

2,254,545

European Private

*Please see separate post-sale press release for comment

PRESS CONTACT: Cristiano De Lorenzo |+ 44 (0) 207 389 2283| cdelorenzo@christies.com

Next Sale: 14 February 2013, LondonPlease clickhereto view the full international schedule of upcoming sales from the Post-War & Contemporary Art department at Christies

Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees orapplication of buyers or sellers credits.

http://www.christies.com/departments/post-war-and-contemporary-art-74-1.aspxhttp://www.christies.com/departments/post-war-and-contemporary-art-74-1.aspxhttp://www.christies.com/departments/post-war-and-contemporary-art-74-1.aspxhttp://www.christies.com/departments/post-war-and-contemporary-art-74-1.aspx

7/29/2019 Christie's London - February Auctions Of Post-War & Contemporary Art Realise 96.3 Million / $150 Million / 111.5 Million

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P O S T - W A R & C O N T E M P O R A R Y A R T D A Y S A L E

London, 14 February 2013, Sa le #1107

[All sold prices include buyers premium]

209 lots sold Total: 14,637,425/ $22,688,009/ 16,920,863 87% sold by lot240 lots offered $1.550= 1 /1.156=1 89% sold by value

Lot Description Estimate () Price Realised Buyer

192 Robert Indiana (b. 1928), Love, 1998 450,000 - 550,000

565,250

$876,137

653,429

Anonymous

236 Andreas Gursky (B. 1955), Ferrari I, 2007 200,000 - 300,000

361,250

$559,937

417,605

Anonymous

165 Yves Klein (1928-1962), F 121, 1962 180,000 - 250,000

337,250

$552,737

389,861

US Trade

186 Joan Mitchell (1925-1992), Between, 1985 250,000 - 350,000

337,250$552,737

389,861

Private

184 Gerhard Richter (b. 1932), Untitled, 1965 60,000 - 80,000

325,250

$504,137

375,989

US Private

109Carroll Dunham (b. 1949), Blue Planet, 1996-1997WORLD AUCTION RECORD FOR THE ARTIST 20,000 - 30,000

277,250

$429,737

320,501

US Trade

172 Ed Ruscha (b. 1937),Ash, 1971 120,000 - 180,000

265,250

$411,137306,629

Anonymous

260 Anish Kapoor (b. 1954), Untitled, 2002 220,000 - 280,000

265,250

$411,137

306,629

US Trade

182 Zao Wou-Ki (b. 1921), 04.02.88, 1988 100,000 - 150,000

253,250

$392,537

292,757

Anonymous

185 Gerhard Richter (b. 1932),Abstraktes Bild, 1987 200,000 - 300,000

241,250

$373,937

278,885

Private

Darren Leak and Beatriz Ordovas, Co-Heads of the Day Auction: Christies London day auction of Post-War &Contemporary Art reconfirmed the depth of the bidding activity we saw during the evening sale. Buyers from 33 different countries on fivecontinents competed eagerly, setting five new world auction records, including those for Carroll Dunham and Nate Lowman. The Property of aDistinguished Lady performed particularly well, along with the works from the estate of Fiona Logsdal, which was 100% sold. Offered overboth the evening and the day auctions, a selection of 71 works from the renowned collection of Mrs. Ingvild Goetz totaled 6.7 million, triplingits pre-sale estimate. An additional 53 lots from the Goetz collection will be offered at Christie's South Kensington on 17 April 2013.

PRESS CONTACT: Cristiano De Lorenzo | +44 (0) 207 389 2283 |cdelorenzo@christies.com Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or applicationof buyers or sellers credits.

mailto:cdelorenzo@christies.commailto:cdelorenzo@christies.commailto:cdelorenzo@christies.commailto:cdelorenzo@christies.com