Christie's Endures High-End Auction Dominance as 21st Century Evening Sale Exceeds Expectations
The high-stakes art world marathon continued at Christie's, where a highly anticipated evening sale delivered a resounding performance, surpassing $123 million in sales and solidifying the auction house's position as a leader in the contemporary art market.
The 45-lot sale, which marked the 21st Century Evening Sale, showcased an impressive array of works from top artists, including Andy Warhol, Ed Ruscha, and Amy Sherald. The event demonstrated a strong demand for quality pieces from the post-war and contemporary eras, with a high sell-through rate of 98 percent and 97 percent by value.
The sale got off to a strong start, with the first group of works from the Edlis-Neeson collection fetching $49 million. Andy Warhol's "The Last Supper" was the standout lot, selling for $8.1 million after an intense bidding battle, ultimately reaching $9.4 million including fees.
However, not all lots were equally successful. Some artists, such as John Currin and Jeff Koons, struggled to attract bidders, selling below their estimates at minimum guaranteed prices.
The sale was marked by a sense of selectivity, with demand concentrated around established artists with solid institutional profiles and exhibition histories. Yet, despite this, the evening still produced several notable highlights, including Yu-Ge Wang's energetic performance, which set new records for Firelei Báez and Amy Sherald.
Christie's Fall Marquee Week is now running at a staggering $870 million, leaving many to wonder what tomorrow will bring in the ongoing auction marathon. As Kathryn Widing, Christie's head of 21st Century Evening Sale, noted in her wrap-up statement, "With spirited participation from start to finish, tonight's sale was an undeniable signal of the strong market for quality works from the post-war and contemporary eras."
The high-stakes art world marathon continued at Christie's, where a highly anticipated evening sale delivered a resounding performance, surpassing $123 million in sales and solidifying the auction house's position as a leader in the contemporary art market.
The 45-lot sale, which marked the 21st Century Evening Sale, showcased an impressive array of works from top artists, including Andy Warhol, Ed Ruscha, and Amy Sherald. The event demonstrated a strong demand for quality pieces from the post-war and contemporary eras, with a high sell-through rate of 98 percent and 97 percent by value.
The sale got off to a strong start, with the first group of works from the Edlis-Neeson collection fetching $49 million. Andy Warhol's "The Last Supper" was the standout lot, selling for $8.1 million after an intense bidding battle, ultimately reaching $9.4 million including fees.
However, not all lots were equally successful. Some artists, such as John Currin and Jeff Koons, struggled to attract bidders, selling below their estimates at minimum guaranteed prices.
The sale was marked by a sense of selectivity, with demand concentrated around established artists with solid institutional profiles and exhibition histories. Yet, despite this, the evening still produced several notable highlights, including Yu-Ge Wang's energetic performance, which set new records for Firelei Báez and Amy Sherald.
Christie's Fall Marquee Week is now running at a staggering $870 million, leaving many to wonder what tomorrow will bring in the ongoing auction marathon. As Kathryn Widing, Christie's head of 21st Century Evening Sale, noted in her wrap-up statement, "With spirited participation from start to finish, tonight's sale was an undeniable signal of the strong market for quality works from the post-war and contemporary eras."
I think it's awesome that christie's gave her a chance to shine. Maybe we'll see more artists from the latinox community get the spotlight they deserve 
it's like, such a huge deal! and i can imagine how intense that bidding battle must've been 
especially with Andy Warhol's "The Last Supper" selling for almost $9.4 million 
that's just crazy! but at the same time, it's also kinda sad to hear that some artists like John Currin and Jeff Koons didn't do as well 
i guess you can't win 'em all? 
anyway, congrats to Christie's for putting on an amazing sale and kudos to all the artists who were showcased 
i mean, you gotta give credit to kathryn widing and her team for putting together another epic sale. but yeah, some artists like currin and koons were kinda meh 
still, can't wait to see what the rest of marquee week has in store 
