Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Christie's Scores

June 25, 2008 by Marion Maneker

The Highest Total in Europe for an Impressionist/Modern sale; 81% of lots sold

Such is the strange nature of the press coverage of the art market that a solid sale with 81% sell-through can be reported with doubts.

The top end of the Impressionist market remains strong. Christie’s sale confirms what experts have been saying for several years now: the market likes quality. And it should be added that quality includes provenance. But the important statistic to emerge from last night’s sale was the weighting of the top ten lots in the total. At 86,932,500 pounds, the top ten lots represented 60% of the total sale value.

The average price for the Evening sale was 2,188,492 pounds, a figure comparable with the numbers last seen in New York in May where Christie’s had an average lot value of $6.3 million. The median price in last night’s sale was 1,060,450 pounds against a median of $3 million in New York.

More from Art Market Monitor

  • Christie’s Surprise Picasso Buyer and Other Tales From a Long SaleChristie’s Surprise Picasso Buyer and Other Tales From a Long Sale
  • London’s Imp-Mod Sales Rise 59%, Near 2014 Peak SalesLondon’s Imp-Mod Sales Rise 59%, Near 2014 Peak Sales
  • Christie’s London Imp-Mod Day = £16.5m ($20.6m)Christie’s London Imp-Mod Day = £16.5m ($20.6m)
  • Christie’s London Imp-Mod Works on Paper = £6.4m ($8m)Christie’s London Imp-Mod Works on Paper = £6.4m ($8m)
  • Christie’s London Imp-Mod Evening Sale = £94m ($117m)Christie’s London Imp-Mod Evening Sale = £94m ($117m)
  • Christie’s Announces £12m Gauguin, Matisse for March in LondonChristie’s Announces £12m Gauguin, Matisse for March in London

Filed Under: Uncategorized Tagged With: Christie's, Impressionist, London, Modern

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Tony Podesta's Secret Art Buying
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • The Billion-Dollar NYC Apartment of Ben Heller
  • How to Chant Like an Auctioneer
  • David Bowie Talks About Art (with Julian Schnabel)
  • $10 M. Picasso Portrait Unseen for Decades to Sell at Bonhams
  • Breaking Views: Art Doesn't Hedge Inflation
  • Mapping a Career in the Art World
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor