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Sotheby’s London Evening IM = £74.9m

June 19, 2012 by Marion Maneker

  1. Henry Moore, Mother and Child with Apple (£1.8-2.8m) £3.73m
  2. Fernand Léger, Composition aux Deux Danseuses (£1.5-2m) £2.8m
  3. Alexej von Jawlensky, Stilleben mit Blumen und Orangen (£800-1.2m) £2.5m
  4. Marc Chagall, Noce et Musique (£1-1.5m) £2.5m
  5. Alberto Giacometti, Femme Debout (Annette) (£800-1.2m) £2.17m
  6. Kandinsky, Study for Green Border (£750-900k) £1.273m
  7. Rene Magritte, La Promesse (£350-500k) £769k
  8. Ernst Ludwig Kirchner, Tanzgruppe (£400-600k) £735k

Bloomberg’s Scott Reyburn gets some good quotes on the sale’s meaning:

“The good stuff is getting rarer,” said Olivier Malingue, a Paris-based dealer who bought a 1924 Wassily Kandinsky watercolor for 713,250 pounds. “People remember what happened in the early 1990s when the market collapsed. The prices of the best things recovered and those of the middle quality didn’t. Now the economy is low, buyers don’t want to take risks.”

Picasso, Miro Start $500 Million Test Of Auction Market (Bloomberg)

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  • Sotheby’s London Evening Impressionist & Modern = £177m ($220m)Sotheby’s London Evening Impressionist & Modern = £177m ($220m)
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Filed Under: Auction Results Tagged With: Impressionist, London, Modern, Sotheby's

About Marion Maneker

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