The
Christie’s evening auctions of Post-War and Contemporary Art and The Italian Sale in London on October 14 realised a combined total of £38,213,050 / €43,371,811. The top price was paid for Cavaliere by Marino Marini (1901-1980) which led record-breaking Italian Sale. It made £4,465,250 /€5,068,059, a world record price for the artist at auction. In total, 6 lots sold for over £1 million and 18 for over $1 million.
An epic butterfly painting by Damien Hirst – I am Become Death, Shatterer of Worlds – made £2,169,250 /€2,462,099, the top price in the post war and contemporary sale. It had been estimated at £2.5 million to £3.5 million. In this sale 40% of lots sold above estimate and record auction prices were established for Ged Quinn, Kelley Walker, Otto Piene, Roman Opalka and Liza Lou.
The corresponding auctions in October 2009 realised a combined total of £17 million, with 3 works selling for over £1 million and 5 for over $1 million.
Francis Outred, International Director and Head of Post-War and Contemporary Art, Christie’s Europe: ‘This is an exciting week in London as art lovers from around the world congregate in London for the events and sales surrounding Frieze. We have welcomed thousands of people through our doors for our exhibitions of modern and contemporary art this week, which have included the works offered this evening as well as highlights from New York. The buzz surrounding this week was evident in the saleroom which had a great atmosphere and which gathered a packed crowd, including many collectors new to Christie’s.”
