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Christie's New York held a new form of 20th and 21st century art evening auction, as the highlight of the 2021 spring auction, with a total transaction value of $691585500 for the two nights. The series of auctions has attracted enthusiastic bidding from collectors in New York, London, and Hong Kong over the phone, and many collectors have also actively participated in the auction through the online bidding platform Christie's LIVE.
This season's late filming will be broadcasted globally from the Rockefeller Center in New York. The first evening auction of 21st century art, held on Tuesday, May 11th, marked the beginning of this season's auction week. The total transaction amount is as high as $210471500, which is 123% of the total undervalued price before the auction, and the transaction ratio by project is as high as 94.9%. The evening auction of 20th Century Art held on Thursday evening, May 13th, sold a total of $481114000, which is 117% of the total undervalued price before the auction, and the transaction rate by project is as high as 98%. Both evening shots attracted enthusiastic participation from collectors from 29 countries.
Christie's has replaced the categories of "Impressionism and Modern Art" and "Postwar and Contemporary Art" with series auctions of "Art of the 20th Century" and "Art of the 21st Century". Christie's has responded to the changing market demand and customer collection habits, and made a significant contribution to the history of auctions.
A total of 1390270 people worldwide watched the highly anticipated live broadcast of this season's evening auction through Christie's website and 11 different social media platforms such as YouTube, Facebook, and WeChat.
The 20th and 21st Century Art Series Auction collaborates exclusively with Brioni and Microsoft to provide collectors with a richer viewing experience. It is also the first time in history that virtual audiences have been invited to enter the auction venue - customers who watch the auction through a "virtual box" will feel like they are in the auction venue, and audiences from all over the world can also see their figures in the live broadcast. Christie's' Virtual Box 'is supported by Microsoft Teams and includes an immersive live streaming camera, providing a 360 degree experience for the first time for auction live streaming.
Lydia Fenet, Global Director of Strategic Relations at Christie's, hosted this 21st Century Art Evening Auction, marking the beginning of a new auction week. Christie's Vice Chairman Tash Perrin presided over the 20th Century Art Evening Auction, and a conversation between special guests Derek Blasberg and Precious Lee opened the event for Christies.com.
20th Century Art Evening Auction: Gathering of Masterpieces
Christie's 20th Century Art Evening Auction brings together masterpieces of Impressionism, modern and post-war art giants, presenting a variety of first-class masterpieces. The masterpieces of Pablo Picasso, Claude Monet and Vincent van Gogh became the highlights of the evening.
Pablo Picasso (1881-1973), "The Woman Sitting by the Window (Mary Tres)", written in 1932
Oil paint canvas. fifty-seven ½ X 44 7/8 inches (146 x 114 cm)
This work was sold at Christie's 20th Century Art Evening Auction in New York on May 13, 2021
Transaction price $103410000
After a fierce 19 minute bidding process among six buyers, Pablo Picasso's "The Woman Sitting by the Window (Mary Tres)" landed at a high price of $103410000, making it the highest priced item of the season's auction week.
This magnificent masterpiece comes from 1932 and was inspired by the youthful atmosphere and sculptural beauty of Mary Tres by Picasso. He was inspired by this most important Muse goddess and developed a new visual vocabulary, making this work one of the most representative masterpieces of the artist.
Claude Monet (1840-1926), Waterloo Bridge in Fog, 1899-1903
Oil paint canvas. 25 7/8 x 39 5/8 inches (65.7 x 100.2 cm)
This work was sold at Christie's 20th Century Art Evening Auction in New York on May 13, 2021
Transaction price $48450000
The second highest price was Claude Monet's masterpiece Waterloo Bridge in the Fog (1899-1903), which ended at $48450000. This painting is one of Monet's famous "London series" and became one of the earliest masterpieces to be included in the American collection in 1905. It is also a rare work in private collections.
Tonight, we witness the dazzling achievements of a masterpiece by a giant craftsman. Picasso's stunning portrayal of Mary Theres Water in jewel like tones became the biggest highlight of the night, and it was also the first work to break the $100 million mark since May 2019, indicating that the market is still thirsty for a masterpiece by a modern giant craftsman. We are also deeply fortunate to be able to release Monet's "Waterloo Bridge in the Mist" on the set, becoming an artist The highest priced masterpiece of the London series Vanessa Fusco, co director of the evening auction of 20th century art, said.
The third highest price of the night was Mark Rothko's Untitled (1970), which ended at $38145000. Following closely behind was Vincent van Gogh's "Tink Taylor Bridge" (1888), which was sold for a high price of $39290000 after intense bidding from collectors.
Alice Neil (1900-1984), "Dr. Finger's Waiting Room," written in 1966
Oil paint canvas. 50 x 36 inches (127 x 91.4 cm)
This work was sold at Christie's 20th Century Art Evening Auction in New York on May 13, 2021
Transaction price $3030000
Apart from the masterpieces of famous craftsmen, as soon as the auction opened, the collectors showed a strong interest in the works of female artists.
The Metropolitan Museum of Art in New York is currently holding a large-scale retrospective exhibition of Alice Neil's works, with "Dr. Finger's Waiting Room" (1966) sold for $3030000, more than four times the low valuation before the auction. Barbara Hepworth's "Parents II" sold at a high price of $7110000; Grace Hattigan's brightly colored 'Phoenix' (1962) was the artist's first work to appear at a night auction, sparking competition from collectors across the country and ultimately sold for $687500. All the above achievements have broken the world auction record for artists.
"Tonight, we witness the remarkable achievements of the works of women artists in the 20th century. The works of Barbara Hepworth and Grace Hattigen have both broken their respective auction records. Alice Neil's works are warmly welcomed by the market. The Metropolitan Museum of Art is holding a retrospective exhibition for her. The sale price of her works in this auction is more than twice the previous auction record. We are lucky to present a very deep present in this auction The masterpiece of a post-war female artist, and the collector's interest and enthusiasm are also gratifying. Emily Kaplan, co director of the evening auction of 20th century art, sighed.
Wayne Dieber (born in 1920), "Rubbing the Face", written in 1968
Oil paint canvas. 29 7/8 x 23 ¾ Inches (75.9 x 60.3 cm)
This work was sold at Christie's 20th Century Art Evening Auction in New York on May 13, 2021
Transaction price: $8489500
Wayne Diber's "Wipe the Face" was one of the most popular auctions of the night, attracting 17 buyers to bid enthusiastically over the phone, and the winner was determined after 6 minutes.
This masterpiece shows the wonderful figurative art achievements of Di Bo. It was sold at a high price of 8489500 US dollars, almost five times the high valuation before auction, which also broke the world auction record for the 100 year old artist's figurative works. This work participated in a large-scale artist retrospective exhibition at the Museum of Modern Art in San Francisco in 1985 and has not appeared publicly since then.
After more than two hours of intense bidding, the total transaction value of the evening auction of 20th century art reached $481114000, setting a new world auction record for four artists, including Grace Hattigan, Alice Neil, Barbara Hepworth, and Arigio Potty.
21st century art evening auctions: breaking records repeatedly
On Tuesday, May 11th, Christie's 21st Century Art Evening Auction kicked off the all-new 20th and 21st Century Art Auction Week with a total transaction value of $210471500, setting a new world auction record for 11 artists, including Rashid Johnson, Larva Labs, and Nina Chanel Abney.
Jean Michel Baschia (1960 1988), "Since That's It," 1983
Acrylic oil stick canvas. 77 7/8 x 73 ¾ Inches (197.8 x 187.3 cm)
This work was sold at Christie's New York 21st Century Art Evening Auction on May 11, 2021
Transaction price $93105000
Jean Michel Basquiat's masterpiece "That's It" (1983) sparked a fierce bid from six international collectors, and auctioneer Gemma Sudlow ultimately fell for a staggering $93105000, marking the second highest price in Basquiat's history and achieving the most eye-catching moment of the night. In his short and brilliant artistic career, Baschia only created three large-scale "Skeleton" series masterpieces, and "Since then" is one of them, making it one of the artist's greatest works.
This is an exciting night. After encountering numerous obstacles from last year to the present, we have finally been able to collect the masterpieces that represent the pinnacle of the art world over the past 40 years, and the remarkable achievements we have achieved are also well received. This evening auction presented a total of 35 artist masterpieces, breaking the world auction record for 11 artists, including artists of multiple nationalities and races, truly representing today's art world Ana Maria Celis, director of evening auctions for 21st century art.
Nina Chanel Abuni (born in 1982), "Untitled (XXXXXX)", written in 2015.
Acrylic spray painted canvas; There are two parts in total. Overall: 96 x 96 inches (243.8 x 243.8 cm)
This work was sold at Christie's New York 21st Century Art Evening Auction on May 11, 2021
Transaction price $990000
Nina Chanel Abney's "Untitled (XXXXXX)" sparked a fierce bidding from international collectors, with the transaction price soaring to $990000, far exceeding the pre bid estimate. This painting depicts the fatal shooting case of Eric Garner and Michael Brown in 2015, providing a profound reminder of major issues such as police ethics and responsibility in that event.
Larva Labs' 9 CryptoPunks:. Larva Labs is a New York software company co founded by Matt Hall and John Watkinson in 2017. Cryptopunks expands our understanding of the meaning of ownership in digital spaces and is widely recognized as a pioneer in today's virtual art movement.
Rashid Johnson (born in 1977), "Anxiety Red Painting December 18th", painted in 2020
Oil colored linen. 72 x 96 inches (182.9 x 243.8 cm)
This work was sold at Christie's New York 21st Century Art Evening Auction on May 11, 2021
Transaction price 1950000 US dollars
In this evening auction, a series of works were selected and the auction proceeds were donated to CORE (Community Organization Rescue Work). Rashid Johnson's "Anxiety Red Painting on December 18" is one of them. After enthusiastic bidding by collectors in London and New York, it broke the artist's world auction record with a transaction price of 1950000 dollars - almost 10 times the low valuation before auction. This auction raised US $2725000 for CORE, which is intended to save the lives injured in the crisis. Recently, it mainly focuses on the rescue of communities affected by COVID-19. The works of Urs Fischer and Joel Mesler are both included.
Dana Schutz's "The Fisherman" made its final appearance at the evening auction, attracting customers from the United States and Asia to participate in bidding over the phone. This was donated as an artist in collaboration with Art to Acres, a non-profit foundation established by the artist, and the proceeds will be used for the permanent protection of 2.5 million acres of land. The Fisherman was sold at a high price of $2970000, almost seven times the low valuation before the auction, and will receive 300% cumulative funding from partner organizations such as the Andes Amazon Fund, Global Wildlife Conservation, and Wyss Foundation.
After two hours of intense bidding, the 21st Century Art Evening Auction achieved a total turnover of up to 210471500 dollars, setting a new world auction record for 10 artists, including Alex Da Corte, Jordan Casteel, Jonas Wood, Nina Chanel Abney, Lynette Yadum Bokaye, Larva Labs, Rashid Johnson El Anatsui, Joel Meissler, Mikeline Thomas, and Martin Kippenberger, whose "Martin in the Corner, You Should Be ashamed of Yourself," broke the auction record for artist sculptures.
The Ministry of Postwar and Contemporary Art, Impressionism and Modern Art recorded a total turnover of 81119500 dollars in three auctions, setting a new world auction record for nine artists, including McArthur Binion, Brian Calvin, Lynne Drexler, Susumu Kamijo, Louise Nevelson and Jules Olitski, Claire