Christie’s Spring Marquee Week Exceeds $1.44 Billion in Sales
NEW YORK – This May, Christie’s experienced a banner week of Marquee Sales. Comprised of eight live sales and two online sales, the Spring Marquee Week generated a total of $1,443,870,244, with approximately 25% of proceeds going to benefit philanthropic initiatives. From start to finish, the week saw stellar results, beginning with the second highest price ever realized at auction, for Warhol’s Marilyn, and ending with the record-breaking sale of an iconic Man Ray photograph. Fifty new records were set throughout the course of the week—40% of them for women artists and artists of color. Bidders came to Christie’s globally, hailing from 54 countries in the Americas, EMEA, and APAC. The sales were livestreamed across 11 platforms, with more than 3.7 million viewers throughout the week.
Bonnie Brennan, President of Christie's Americas, remarked, "At Christie’s, we are privileged and honored to work with the finest art objects in history, spanning all categories and eras. This season, it was a true thrill for us to bring this unmatched series of sales to life. We saw record-breaking sales from established artists including Warhol, Degas, and Man Ray, to exciting new market stars such as Ernie Barnes and Ewa Juszkiewicz. It was particularly rewarding to bring to auction collections assembled by female collectors including Doris Ammann, Rosalind Jacobs, and Anne Bass.”
The Collection of Thomas and Doris Ammann Evening Sale
The week began Monday, 9 May with The Collection of Thomas and Doris Ammann Evening Sale. The 36 lots sold to benefit The Thomas and Doris Ammann Foundation, closed with the historic sale of Andy Warhol’s Shot Sage Blue Marilyn realizing $195,040,000—the most expensive 20th century artwork to sell at auction. The sale in total achieved $317,806,490, with 68% of lots selling above the high estimate and establishing record prices for eight artists.
Sales continued Tuesday, 10 May, with the 21st Century Evening Sale totaling $103,064,200, selling 114% hammer above low estimate. The 31-lot auction was led by Gerhard Richter’s, Abstraktes Bild, which sold for $36,500,000, and the sale established ten new artist records.
The Collection of Anne H. Bass
The evening of Thursday, 12 May began with a single-owner sale of 12 exquisite works from The Collection of Anne H. Bass. The most significant American collection to come to market this season, the group achieved $363,087,500. The collection was 100% sold, and 149% sold above the low estimate. The top lot was Claude Monet’s Le Parlement, soleil couchant, which realized $75,960,000. Two artist records were established, including a new record for Edgar Degas.
Immediately following The Collection of Anne H. Bass, the 20th Century Evening Sale commenced, realizing $468,174,000; 98% by lot, 99% by value, 119% sold against low estimate. Leading the sale was Jackson Pollock’s Number 31, realizing $54,205,000. Six new artist records were set, including The Sugar Shack by Ernie Barnes which sold for $15,275,000—76 times its high estimate.
Thursday evening concluded with The Raptor, Deinonychus Antirrhopus, the most complete fossilized skeleton of this species extant, which achieved $12,412,500 against an estimate of $4,000,000 – 6,000,000.
Post-War and Contemporary Art Day Sale
Day sales began Friday, 13 May with the Post-War and Contemporary Art Sale achieving $97,166,838 and establishing 17 artist records. The 347-lot auction sold 93% by lot, 96% by value, 151% hammer above low estimate. Leading the sale were two outstanding works—Andy Warhol’s Marilyn Monroe (Marilyn) and Wayne Thiebaud’s Three Ice Cream Cones. Both achieved $4,980,000.
The sale featured 66 lots from The Collection of Thomas and Doris Ammann, which totaled $7,304,598. The auction featured an additional seven groupings of works sold to benefit philanthropic initiatives across the three sessions of the sale.
The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs
Saturday, 14 May, the final day of live sales, began with The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs which totaled $42,330,074. The iconic Man Ray masterpiece Le Violon d’Ingres was the top lot, setting a new record for a photograph, selling for $12,412,500. Results were exceptional, selling 99% by value and 92% by lot, 182% hammer above low estimate. Records were set for a number of artists including Dorothea Tanning, William Nelson Copley and Noma Copley.
Impressionist and Modern Art Work on Paper and Day Sale
Live sales came to close on Saturday, 14 May with the Impressionist and Modern Art Works on Paper and Day Sale achieving $37,154,922, The auction sold 87% by value, 85% by lot, 103% hammer above low estimate. The top lot was a fantastic oil painting by Claude Monet, Soleil couchant, temps brumeux, Pourville, which achieved $5,100,000, a record for the highest work ever sold in a Day Sale in the Impressionist and Modern Art category at Christie’s.
Picasso Ceramics Online closed on Monday, 16 May. It was 100% sold, realizing a total of $2,256,660. Leading the sale was Vallauris (A.R. 331) selling for $201,600 against an estimate of $20,000 – 30,000.
The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs Online Sale
The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs Online Sale concluded on Thursday, 19 May. The sale totaled $417,060. The top lot of the sale was Man Ray’s Revolving Doors which sold for $52,920 against an estimate of $20,000 – 30,000.
PHILANTHROPIC INITIATIVES SUPPORTED
The Thomas and Doris Ammann Foundation
Artists for Ukraine: Property to Benefit Doctors Without Borders
Art for Vaccines: Property Sold to Benefit CARE’s Global COVID-19 Response
From the Studio to Benefit amfAR, The Foundation for AIDS Research
Helping Children Heal: Artwork Donated To Benefit Rxart
Property to Benefit CORE: Community Organized Relief Effort
Property to Benefit the Bronx Museum of the Arts, on the occasion of its 50th Anniversary
Sold by the Farnsworth Art Museum with Proceeds Dedicated to the Acquisitions Fund
Property of The Metropolitan Museum of Art, sold to benefit the Acquisition Fund
Property Sold to Benefit POLIN Museum of the History of Polish Jews
MARQUEE WEEK RECORDS
The Collection of Thomas and Doris Ammann Evening Sale
Andy Warhol
Ann Craven
Francesco Clemente
Martin Disler
Mary Heilmann
Mike Bidlo
Ross Bleckner
Urs Fischer Painting
21st Century Evening Sale
Anna Weyant
Eric Fischl
Ewa Juszkiewicz
Helmut Newton
Joel Mesler
Matthew Wong
Ouattara Watts
Reggie Burrows Hodges
Shara Hughes
Tom Sachs
The Collection of Anne H. Bass
Edgar Degas
Vilhelm Hammershøi
20th Century Evening Sale
Ernie Barnes
Howardena Pindell
Grace Hartigan
Emanuel Leutze
Blinky Palermo
Pablo Picasso Sculpture
Post-War & Contemporary Day Sale
Alessandro Twombly
Deborah Kass
En Iwamura
Godwin Champs Namuyimba
Janet Cooling
Jenny Holzer
Klaudia Schifferle
Lois Lane
Louis Fratino
Lynne Drexler
Michael Mogavero
Milo Reice
Rainer Fetting
Rosalyn Drexler
Tim of Finland
Tim Rollins & K.O.S.
Todd Bienvenu
The Surrealist World of Rosalind Gersten Jacobs and Melvin Jacobs
Man Ray
Dorothea Tanning
Gilbert & George
Noma Copley
Richard Humphry
William Nelson Copley
Man Ray Jewelry