7/28/2019 Quest for Quality Drives Sotheby's London Contemporary
Sale to 75.8m
1/4
For Immediate ReleasePRESS RELEASE
London | +44 (0)20 7293 6000 |Leyla Daybelge |
[email protected]
Mitzi Mina |[email protected]
QUEST FOR QUALITY DRIVES SOTHEBYSLONDON CONTEMPORARY EVENING
SALE TOTAL TO
75,778,500 / $116,858,025 /89,343,047
THREE STUDIES OF ISABEL RAWSTHORNE
FRANCIS BACONS FRIEND, MUSE AND LOVER
SELLS FOR 11,282,500/ $17,398,743/ 13,302,097
- TOP LOT OF THE SALE
COLLECTORS BATTLE FOR BRITISH MASTERS, EUROPEAN ABSTRACT
WORKS
AND PHOTOGRAPHY
PARTICIPATION FROM 38 COUNTRIES
WITH MORE THAN ONE-IN-TEN REGISTERED BIDDERS
FROM THE NEW MARKETS
Auctioneer Tobias Meyer fields bids at Sothebys Contemporary Art
Evening Auction
Tonights sale was all about the quest for quality - quality
across categories - from the modern
masters to the new generation of artists. We offered some great
historic works of art and achieved
some great prices for them, as buyers went down the
connoisseurial route - buying with
intelligence and passion. Participation was truly global, making
it a strong night for British art,photography, European abstract
works and German artists.
- Alex Branczik, Head of Sothebys Contemporary Art
Department
7/28/2019 Quest for Quality Drives Sotheby's London Contemporary
Sale to 75.8m
2/4
26TH JUNE 2013 Tonight, the opportunity to acquire landmark
works for their collections bought bidders
from 38 countries to compete at Sothebys London. The
Contemporary Art Evening Auction realized 75.8
million, with an average lot value of 1.43 million one of the
highest figures for this category in London.
Leading the sale were two works by Francis Bacon. The 1966
triptych portrait of his friend, muse and lover
Isabel Rawsthorne sold for 11,282,500, while the first work the
artist ever sold, his historic Head IIIwas
battled for by six collectors, driving the price to 10,442,500
(est. 5-7m). Fifty-four years ago, just across the
road from Sothebys at the Hanover Gallery in St. George Street,
the same work fetched 150 at Bacons
first ever commercial show.
Participation from 38 countries - among highest levels ever for
a London Contemporary Art Sale More than one-in-ten registered
bidders came from new markets New auction records established
for:
Pierre Soulages, Peinture, 21 novembre 1959 - 4,338,500,
doubling low estimate (2-3m)
Record for any living French artist at auctionThomas
Struth,Pantheon, Rome - 818,500 (est. 400,000-600,000)
More than five times the price achieved for the work in
2000Hurvin Anderson, Beach Scene - 302,500, double the high
estimate (est. 100,000-150,000)
Average Lot Value 1.43 million one of the highest figures for a
Contemporary sale in London Over 90% lots sold achieved prices at
or above presale estimates 2 lots over 10 million 21 lots over 1
million
A GOOD NIGHT FOR
BRITISH ART EUROPEAN ABSTRACT ART
David Hockney, Double East Yorkshire, 1998
THE FIRST WORK SOLD FROM LAST YEARS
LANDMARK ROYAL ACADEMY SHOW
3,442,500(est. 2-3m)David Hockney,A Small Sunbather, 1967
INSCRIBED TO HIS LOVER PETER SCHLESINGER
FOUGHT OVER BY 6 BIDDERS
1,154,500 (est. 300,000-500,000)
Bridget Riley, Stretch, 1964
1,594,500 (est. 1-1.5m)
Lucio Fontana, Concetto Spaziale, Le Chiese di Venezia, 1961
4,450,500 (est. 4-6m)
AMONG TOP 5 PRICES EVER PAID
FOR FONTANA AT AUCTIONHIGHEST PRICE EVER PAID FOR A WORK
FROM
THE ARTISTS VENEZIA SERIES
Pierre Soulages, Peinture, 21 novembre 1959
4,338,500 (est. 2-3m)
A NEW AUCTION RECORD FOR A LIVING FRENCH ARTIST
PHOTOGRAPHY YOUNG ARTISTS
Gursky, 5 works from his Stock Exchangeseries
sold for a combined total of 5,464,500 (est. 2.5-3.4m)
Gurskys Chicago Board of Trade III, 1999-2009
Realises 2,154,500 (est.600,000-800,000)
After an 8 way bidding battle
3 TIMES PREVIOUS AUCTION RECORD
FOR A GURSKY STOCK EXCHANGE PHOTOGRAPH
Thomas Struth, Pantheon, Rome
818,500 (est. 400,000-600,000)
A NEW RECORD FOR THE ARTIST AT AUCTION
Glenn Ligon, Untitled (negro sunshine), 2005
194,500 (est. 100,000-150,000)
Dan Colen, Clams Casio, 2010
158,500 (est. 100,000-150,000)
Nate Lowman, This Marilyn, 2011
278,500 (est. 150,000-200,000)
THE ARTISTS FIRST APPEARANCE AT A LONDON AUCTION
Hurvin Anderson, Beach Scene, 2003
302,500 (est. 100,000-150,000)
A NEW RECORD FOR THE ARTIST AT AUCTION
7/28/2019 Quest for Quality Drives Sotheby's London Contemporary
Sale to 75.8m
3/4
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Sothebys has been uniting collectors with world-class works of
art since1744. Sothebys became the first international auction
house when it expanded fromLondon to New York (1955), the first to
conduct sales in Hong Kong (1973) and France (2001), and the first
international fine art auction house in China (2012).
Today, Sothebys presents auctions in eight different salesrooms,
includingNew York, London, Hong KongandParis, and
SothebysBidNowprogram allows
visitors to view all auctions live online and place bids from
anywhere in the world. Sothebys offers collectors the resources
ofSothebys Financial Services, the
worlds only full-service art financing company, as well
asprivate saleopportunities in more than 70 categories,
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Estimates do not include buyers premium and prices achieved
include the hammer price plus buyers premium.
Images are available upon request
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