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    Post-War & Contemporary Art Fetches $93 Million

    Date: 22 May 2007 | | Views: 6270

    Source: ArtDaily (www.artdaily.org)

    Alexander Calder, Fleur Jaune, hanging mobile- painted sheet metal and wire, 1963
    © Christie’s Images Ltd. 2007.
    NEW YORK - Yesterday's Morning and Afternoon Sessions of Post-War & Contemporary Art fetched $93,097,200, setting a new record total for Post-War and Contemporary Art day sales. The James Christie Room was ablaze with intense bidding, more than fifty Christie's employees were on the phones with clients and the Christie’s LIVE™ bidding feature was active. Highlights in the Morning Session included Alexander Calder's hanging mobile Fleur Jaune ($1,384,000) and Willem de Kooning's Untitled ($1,384,000) while the Afternoon Session continued to demonstrate the unquenchable thirst for all things contemporary with Zhang Xiaogang's The Sisters (The Grand Family no. 7) ($1,160,000) and Keith Haring's Untitled ($2,840,000), the super cool cover of the afternoon catalogue.

    The total for Post-War & Contemporary Art realized this week at Christie's is $477,751,600, a record result for the category anywhere, ever.

    Combined with the results of the Impressionist and Modern Art sales which realized $282,441,400 last week, Christie's established a total of $760,193,000 for the two weeks of sales activity and continues to dominate the high end of the market.

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