CHRISTIE’S INNOVATES WITH NEW GLOBAL AUCTION FORMAT

Roy Lichtenstein’s Nude With Joyous Painting,  Leads The Sale, Realizing $46,242,500 / £36,787,987 / €40,981,818 / HK$356,659,537

Post-War and Contemporary Art Day Sale Totals: USD$30,862,000

COMBINED TOTAL: $451,803,042

 13 Artist Records Achieved Throughout the Course of The Day

Ruth Asawa / Richard Avedon / Julia Chiang / George Condo /
Titus Kaphar / Leelee Kimmel / Brice Marden / Manolo Millares / Christopher Page / Emily Mae Smith / Spencer Sweeney /
Wayne Thiebaud / Takeo Yamaguchi / Austyn Weiner

Wayne Thiebaud’s Three Cones Leads The Post-War And Contemporary Art Day Realizing $3,735,000

Christie’s partnership with amfAR raises $1,730,000 to benefit amfAR’s Fund to Fight COVID-19

Guillaume Cerutti, Chief Executive Officer, Christie’s: “Today’s sale sends three important messages for now and for the future: despite a challenging economic environment, the demand for works of art of great quality remains very strong; the market is more global than ever, with significant activity from the Americas but also from Europe and Asia; and innovation and adaptability is key - our clients have embraced our creative presentation and sale format combining live and online experiences.”

Alex Rotter, Chairman, 20^th and 21^st Centuries Department: “Approaching this season, we felt very strongly about making a drastic shift to our auction model to create something completely new and inventive, while also retaining the elements of our marquee auctions that drive the sales of extremely valuable works of art, and from that we created ONE. The strength of today’s sale was proof of that concept. Innovation and investment in digital enhancement is the way forward, and we are very proud to be on the forefront of that movement in the global art market.”

Giovanna Bertazzoni, Vice Chairman, 20^th and 21^st Centuries Department, Christie’s: “ONE: A Global Sale of the 20th Century was an opportunity for us to transform our traditional live auction experience and bring an international digital community to this format. The Wayne Thiebaud Four Pinball Machines was hotly pursued by an online bidder before selling to our colleague on the phone for a record price, demonstrating that clients will bid competitively on all platforms.”

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1962: A Year of Creative Power

René Magritte’s L’arc De Triomphe
($22,373,029 / £17,798,750 / €19,827,808 / Hk$172,558,881)

 Ed Ruscha’s Annie
($22,975,000 / £18,277,645 / €20,361,297 / HK$177,201,770)
Wayne Thiebaud’s Record-Breaking Four Pinball Machines
($19,135,000 / £15,222,753 / €16,958,146 / HK$147,584,586)

Pioneering Abstraction

Joan Mitchell, La Grande Valleé VII
($14,462,500 / £11,505,569 / €12,817,204 / Hk$111,546,490)

Cecily Brown, Carnival And Lent,
($6,108,706 / £4,859,750 / €5,413,762 / Hk$47,115,276)

Manolo Millares, Cuadro
($1,371,701 / £1,091,250 / €1,215,653 / Hk$10,579,669)

Barnett Newman, Onement V
($30,920,000 / £24,598,250 / €27,402,450 / Hk$238,480,032)

Brice Marden, Complements
($30,920,000 / £24,598,250 / €27,402,450 / Hk$238,480,032)

Additional Data Points:

• Over 80,000 people tuned in to watch the ONE sale, with 60,000 of those across social media from Asia
  • Live Streamed across Artron in China and Artpro in Taiwan

• Digital Innovations Throughout – Augmented Reality, bespoke virtual exhibition tools, WeChat mini-program and the ONE relay sale format

• Buyer Breakdown:
  • Americas 37%
  • EMEA 38%
  • APAC 26%

Our Expanded Programme Of Online-Only Sales Continue Next Week:

- Dialogues: Modern & Contemporary Art (Until 14 July 2020)

- Impressionist & Modern Art Online (Until 15 July 2020)

- The World Is A Sphere: Works From The Faurschou Foundation (Until 16 July 2020)

- Joie De Vivre (Until 17 July 2020)