Because it clearly has more Contemporary art than it can sell, Christie’s has announced yet another Contemporary sale, much as it has done by adding additional First Open sales. On May 12, Loic Gouzer will organize an evening sale:

Mr. Gouzer is creating his own separate auction as a kickoff to the frenetic week of spring postwar and contemporary art sales. Scheduled for May 12, it will be filled with paintings, drawings and sculptures that capture the raw angst intended to appeal to his generation of rich embryonic collectors. Mr. Gouzer has included around 30 artworks handpicked and estimated to sell for a total of nearly $70 million.

As a way of shaking things up even more, Mr. Gouzer’s auction will be held starting at 6 p.m. — just one hour before Phillips, a rival auction house, begins its evening contemporary sale. Rather than the usual blast of ads, collectors wanting to know what will be for sale before the catalog comes out will have to go to Mr. Gouzer’s Instagram account, @loicgouzer.

For Those Who Can Afford It, Christie’s Is Selling Anxiety (NYTimes.com)