Art Market Monitor

Global Coverage ~ Unique Analysis

  • Contact Us
  • Podcast
  • Newsletter
  • AMMpro

Sotheby’s London Contemporary Eve Sale = £93m ($158m)

July 1, 2014 by Marion Maneker

Sotheby’s London Evening Sale of Contemporary Art (Press Release)

Totals £93,147,500 / $158,490,471 / €116,127,250

(est. £67.9/89.7 million, $115.5/152.7 million, €84.7/111.9 million)

  • 86.4 % sold by lot
  • 88.2% of the sold lots achieved prices at or above their estimates
  • Asian participation: There was global participation in tonight’s sale, with considerable activity from Asia, including Mainland China and Japan:
  • The top lot of this evening’s sale was Francis Bacon’s Three Studies for Portrait of George Dyer which sold after an extended battle between four bidders, including Chairman of Sotheby’s Asia, Patti Wong, for £26,682,500 ($45,400,274), surpassing the high estimate (£15/20 million, $25.2/33.6 million). That price established a new benchmark for a small-scale triptych by the artist.
  • A new auction record was established for Peter Doig when his Country-rock (wing-mirror) sold for £8,482,500 ($14,432,974).The painting has been in the same private collection since 1999, the year it was painted.
  • Frank Auerbach’s Primrose Hill, Summer sold for a record £2,322,500 ($3,951,734) (est. £1/1.5 million, $1.7-2.5 million). This is many multiples of the £274,050 it sold for at auction in London in 2003.

 

More from Art Market Monitor

  • Pulling Teeth at Sotheby’s Pulling Teeth at Sotheby’s 
  • Sotheby’s Van Gogh Was a B Picture, Dealers Say, But $66m Is Also a B Price in Today’s MarketSotheby’s Van Gogh Was a B Picture, Dealers Say, But $66m Is Also a B Price in Today’s Market
  • Sotheby's Says HK Sales 2x 2010 So FarSotheby's Says HK Sales 2x 2010 So Far
  • London Imp-Mod Eve Charts Feb ’12London Imp-Mod Eve Charts Feb ’12
  • Turkish DelightTurkish Delight
  • Enthusiasm in Hong KongEnthusiasm in Hong Kong
  • Print
  • Tweet

Filed Under: Auction Results

Advertise on Art Market Monitor with Nectar Ads

Top Posts

  • Sotheby's Unveils Plans for New Galleries at York Ave.
  • Agnes Gund & Oprah Winfrey Lead Auction of Women Artists at Sotheby's to Benefit Miss Porter's School
  • Christie's Announces $70m Picasso Self Portrait
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Sotheby's Celebrates Bauhaus's Centenary with 25 Works in Imp-Mod Sales
  • Frieze LA Sales Report
  • Phillips London Contemporary Has Richter, Kippenberger and Lichtenstein
  • David Hockney's $20m Pacific Coast Highway & Santa Monica
  • Sotheby's Targets Fiduciaries with New Client Group
  • What Happens to Sotheby's After the Activists Get What They Want?


  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • Art Loans
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
Advertise on Art Market Monitor