Christie’s Holds Its Nerve Mid-Marathon as the 21st Century Evening Sale Secures a Steady $123.6 Million

Christie's Navigates the Art Market with Confidence in 21st Century Evening Sale

The art world witnessed a stellar performance from Christie's at their 21st Century Evening Sale, where the auction house secured a total of $123.6 million across 45 lots. The sale, which took place on November 20, showcased a curated selection of post-war and contemporary works from esteemed collectors, including Stefan Edlis and Gael Neeson.

While the evening may not have delivered record-breaking results like Sotheby's Evening Sale earlier in the week, it was still marked by sustained bidding activity, with competition unfolding across multiple geography and platforms. The success can be attributed to a well-calibrated mix of irrevocable bids and third-party guarantees that fostered a sense of excitement and participation among bidders.

The Edlis-Neeson collection kicked off the sale, featuring post-war icons tracing the evolution of modern art. Works by Andy Warhol, Cindy Sherman, and Diego Giacometti were particularly notable, with Warhol's "Untitled (RIOT)" selling for $8.1 million after an intense bidding match against Alex Rotter on the phone.

Giacometti's low table, which surged to $3.65 million hammer from a modest estimate of $1.5-2.5 million, was another standout lot, showcasing the artist's enduring popularity in the market. The sale also saw notable results for artists with solid institutional profiles and exhibition histories, such as John Currin and Jeff Koons.

In addition to these established names, emerging and established women artists like Firelei Báez and Amy Sherald secured impressive prices. Báez's "Untitled (Colonization in America, Visual History Wall Map)" set a new record price for the artist, eclipsing the previous benchmark at Phillips by more than five times.

The success of this sale reinforces Christie's position as a leading player in the art market, with Fall Marquee Week currently standing at $870 million. As bidders continue to demonstrate strong enthusiasm for quality works from post-war and contemporary eras, it remains to be seen how the market will evolve in the coming months. For now, however, Christie's has certainly established itself as a force to be reckoned with in the world of art sales.
 
just saw that christie's just crushed it at their 21st century evening sale 🤑 $123m across 45 lots is no joke. but gotta say, the edlis-neeson collection was straight fire 🔥 andy warhol, cindy sherman, diego giacometti... those names are still big in my book 💸 what's crazy is the bidding on that giacometti low table - from $1.5-2.5m to $3.65m 🤯 not bad for a night out at art auction
 
🤑🎨 Christie's is really killing it right now! I mean, $123.6 million in one night is crazy talk 💸! The fact that they were able to get those post-war and contemporary works selling for so much is a testament to their expertise and reputation in the art world 🙌. And can we talk about how exciting it was to see emerging artists like Firelei Báez and Amy Sherald getting such high prices? It's great to see women artists finally getting the recognition they deserve 💪!
 
🎨📈 I'm totally stoked about this sale! The way Christie's mixed it up with both classic and modern pieces was pure genius. I mean, who wouldn't want to see Andy Warhol's "Untitled (RIOT)" go for $8.1 mil? 🤑 And let's not forget Firelei Báez's record-breaking piece - that woman is a total boss! 💪

I love how Christie's managed to get the bidders all riled up, with those irrevocable bids and third-party guarantees creating this electric atmosphere. It's like they took all the excitement of a live auction and bottled it up in this virtual space 🌐.

Now, I'm curious to see what the future holds for the art market. Will we keep seeing these record-breaking prices, or will things cool down? Only time will tell, but one thing's for sure - Christie's is on top of their game right now 🔥

👀 Here's a quick sketch of my thoughts:
```
+---------------+
| Christie's |
| Total Sale |
+---------------+
| $123.6M |
| (45 lots) |
+---------------+

+---------------+
| Highlights |
| - Warhol ($8.1M)|
| - Báez (new rec.)|
| - Giacometti ($3.65M)|
+---------------+
```
🎉
 
omg I'm still trying to wrap my head around this $123.6 million sale at Christie's 🤯💸 like who are these people making such crazy amounts of money from art? 😂 and what makes Andy Warhol's "Untitled (RIOT)" so special that it sold for $8.1 million?! 🎨👀 I also love how they're showcasing more women artists, Firelei Báez is on my radar now 🙌 but what's up with the prices of modern art being so wild?! 💸is the market going to keep growing like this? 🤔 can't wait for the next sale to see how it all unfolds! 🎉
 
omg $123.6 million is crazy 🤑🎨 so much talent for sale every year and it's still growing 🚀 guess you gotta have the right ppl buying these masterpieces 👍 warhol is insane, who else can pull off a $8.1 mil painting? 🤯
 
so that's like what's going on in the art world 🤔🎨... i mean, $123 million is crazy 💸 and the bidding was intense 🔥 especially for warhol's untitled riot artwork 🤯... how do they know which pieces will sell well in advance? 🤷‍♀️ is it based on collector interest or something else entirely? 🤔
 
I'm so glad we got a dose of high-end art action 🎨💸, but have you noticed how this sale kinda solidified the 'guilty pleasure' status of buying art from established artists like Warhol and Koons? Like, are we really just bidding on their 'cool factor' at this point? 😏 And what's up with the prices for women artists? $5+ million for Firelei Báez's work is crazy... shouldn't there be more diversity in who gets priced in the stratosphere? 🤔
 
omg i cant even believe what i just read 🤯 christies is like totally crushing it in the art world right now and their 21st century evening sale was proof of that 💸 $123.6 million across 45 lots is insane 💥 i mean i know some people think sothebys is still the queen but christies is definitely giving them a run for their money 🏆 plus its awesome to see women artists like firelei baez and amy sheridan getting the recognition they deserve 👩‍🎤👀
 
I'm loving this trend of people getting rich off art 🤯! It's like, you gotta respect that kind of passion and investment going into something you truly love. I mean, $870 million is crazy, but if someone's willing to take that risk for the right piece, who am I to judge? 😊

What's also interesting is how Christie's managed to keep things exciting with that mix of guaranteed bids and third-party guarantees. It keeps the bidding competition going even when the stakes are high 🤑. And it's awesome to see some new faces like Firelei Báez and Amy Sherald breaking into the market – more diversity, more excitement! 💥

I'm curious to see how the market evolves from here, but for now, I think Christie's is definitely holding its own in the art world 💪.
 
the art world is like life, ya know? you gotta take risks and have confidence to shine. christie's was bold enough to put their bets on some incredible works, and it paid off 🤑💼 they're not just playing safe, they're making a statement. and i love how they featured women artists - that's the kind of innovation we need in every field. it shows us that even when things get intense (like bidding wars!), we can still have fun and enjoy the ride 😊
 
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