Art Market Monitor

Global Coverage ~ Unique Analysis

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

Paris Surprise in Global Sales

December 1, 2009 by Marion Maneker

It’s a jam-packed day in the global art market with major or important sales in Hong Kong, London, Amsterdam and Paris across a range of collecting areas. It would be easy to overlook Christie’s startling sale of Impressionist and Modern art held in Paris today if not for the very strong numbers for Alberto Giacometti and Zao Wou-ki. In a sale that cleared just shy of €20m (or almost $30m) there were surprise pops for Giacometti paintings and sculptures.

  • d5268302lLot 40, Giacometti‘s Portrait de Maurice Lefebvre-Foinet was estimated at the high end for €1m but sold for €2.249m
  • Lot 119 Giacometti‘s La Vide Poche wasn’t supposed to go for more than €200k but bidders drove it to €1.8m
  • Lot 60 Zao Wou-ki‘s 5.11.64 is estimated up to €400k but follows the momentum from Hong Kong to sell for €817k

More from Art Market Monitor

  • Market Ready to Test 2010 Record Prices for Giacometti, Modigliani—and How Many Others?Market Ready to Test 2010 Record Prices for Giacometti, Modigliani—and How Many Others?
  • Heirs Enlist WSJ to Find Museum Willing to Pay $20m for Man RayHeirs Enlist WSJ to Find Museum Willing to Pay $20m for Man Ray
  • Turns Out a Huge Guarantee Was At Center of Ganz Sale in ’97Turns Out a Huge Guarantee Was At Center of Ganz Sale in ’97
  • Sotheby’s Unveils Munch’s $50m Girls on the Bridge for November SaleSotheby’s Unveils Munch’s $50m Girls on the Bridge for November Sale
  • Western Buyers May Not Relate to Old Master Paintings but Russians & Chinese Are FansWestern Buyers May Not Relate to Old Master Paintings but Russians & Chinese Are Fans
  • Demand Rising for Cassi Namoda’s Figurative Paintings of Intimate RelationshipsDemand Rising for Cassi Namoda’s Figurative Paintings of Intimate Relationships

Filed Under: Auction Results

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

  • After Pandemic’s Rapid Change, Sotheby’s Has 8 Predictions for 2021
  • For 2020, Phillips Brought in Total of $760.4 million, Down 16 Percent from 2019; Asia Sales Up 24 Percent
  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • A Season of Resilience: Fall 2020 Hong Kong Auction Analysis
  • Tony Podesta's Secret Art Buying
  • Soulages First Owned by Senegalese Poet-Politician Léopold Sédar Senghor Sells in France
  • A Season of Improvisation: Fall 2020 New York Modern and Contemporary Art Auction Analysis
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Christie's Announces $70m Picasso Self Portrait
  • 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