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  • CHRISTIE’S ACHIEVES $2 BILLION IN EIGHT DAYS OF ART SALES

    AMEDEO MODIGLIANI (1884-1920) – Beatrice Hastings (devant une porte) Painted in 1915 Price Realised: $17,565,000

    In eight days of art sales in New York Christie’s has so far achieved $2 billion. The 20th Century evening sale and the 21st Century evening sale which ran consecutively at Christie’s in New York last night made $421,976,700. When combined with the results of the Paul Allen collection the total reached an unprecedented $2,044,226,200.

    The 20th Century sale made $307,945,300 and was 96% sold by lot and 88% by value. Mark Rothko’s Untitled and Amedeo Modigliani’s Beatrice Hastings  each sold for $17,565,000. Additional highlights included works by notable female artists. A massive canvas by Joan Mitchell made $14,130,000, and a rare self-portrait by Frida Kahlo made $8,634,000.

    Jean-Michel Basquiat’s Sugar Ray Robinson, was the top lot at the 21st century sale and made  $32,679,000. Results for female artists and artists of colour were strong. Jaune Quick-to-See Smith, Njideka Akunyili Crosby, Minjung Kim, Noah Davis and Rashid Johnson all set new records.

    UPDATE: The two weeks of sales concluded having achieved $2,170,537,204 over seven live auctions and one online.

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