"Christie's won the London evening sale race on Thursday, bringing in £197.5 million ($263.8 million) with fees. That was a 52 percent jump from the same sale last year in British pounds and a 58 percent increase in dollars. The three sales offered 93 lots, after five were withdrawn, and stretched for nearly four hours."
"The house offered water and cheese twists snacks for attendees. That marathon run proved worthwhile for the house, which got a sell-through rate of 96 percent after withdrawals. Less than 20 percent of the lots were hammered below their presale low estimates."
"The auction theater kicked off with the unveiling of a new Christie's oak rostrum, designed by Jony Ive and his team at LoveFrom, to mark the 260th anniversary of the house. A nearly 10-minute-long film took the audience on a journey through the turbulent history the house has witnessed."
Christie's held three evening sales in London totaling 93 lots (after withdrawals), generating £197.5 million with fees—a significant 52% increase from the previous year in British pounds and 58% in dollars. The sales included traditional 20th-/21st-century works, an "Art of the Surreal" collection, and holdings from Belgian collectors Roger and Josette Vanthournout. The marathon four-hour event achieved a 96% sell-through rate with less than 20% of lots selling below presale estimates. Christie's unveiled a new oak rostrum designed by Jony Ive to commemorate its 260th anniversary. The top lot, Henry Moore's 1952-53 sculpture King and Queen, sold for a record £26 million after an eight-minute bidding battle.
Read at Artnet News
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