Important records at Christie’s for its Post-War and Contemporary Art sale – July 1st, 2014

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Record night at Christie’s with its Postwar and Contemporary Art on July 1. 7 artists have crossed their previous records, including Peter Doig, Tracey Emin and Michelangelo Pistoletto. 29 lots have been beaten more than a million pounds, for a total of £ 99.4 million with sale percentage of 84%. Top lot at Christie’s for Francis Bacon, with Study for Head of Lucian Freud sold just under the high estimate at £ 11.5 million. Second place went to Peter Doig, which renews its record after only 24 hours, with a rare self-portrait titled Gasthof, beaten to £ 9.9 million from a maximum estimate of £ 5 million. Other important records were scored by Michelangelo Pistoletto’s Lovers, 1962-66, which reached £ 2.3 million and Tracey Emin with the iconic work My Bed, sold at £ 2.5 million, doubling the estimates, surpassing the previous record of £ 481,000 of the last fall.

Record for Jean Dubuffet with the £ 4 million paid for the work of the 1963 Le gai savoir, as well as for Hurvin Anderson, Albert Oehlen and Antoni Tàpies.
Among Italians, with excellent results for Enrico Castellani White Surface of 1963, sold to £ 626.500, Alberto Burri with Red plastic 1968 that has passed the million mark, with Lucio Fontana’s Concetto Spaziale, Attese, won by Helly Nahmad Gallery for £ 6 million and Piero Manzoni with a Achrome 1958-59 to £ 1.6 million.
Yves Klein continues to keep the market stable , in the catalog with Untitled blue monochrome (IKB 164), 1962, sold to the highest estimate of £ 2 million, and Nicholas de Stael, with the work-Composition Paysage 1954, sold also the maximum estimate of £ 1.5 million.

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