Post-War & Contemporary Art Fetches $93 Million

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.


URL for news «Post-War & Contemporary Art Fetches $93 Million»   - http://www.sgallery.net/artnews/2007/05/22/post-war-contemporary-art-fetches-93-million.html
«ArtNews»   - http://www.sgallery.net/artnews/