Monet Record Setter Revealed; The Curse of the Lobby; Anticipating Nauman's Market; and Sotheby's African Sale = $3mThis commentary by Marion Maneker is available to AMMpro subscribers. (The first month of AMMpro is free and subscribers are welcome to sign up for the first month and cancel before they are billed.)
Christie’s Paris Avant-Garde = €29.6mExperimenting with a sale organized to take advantage of visitors to the newly revived FIAC, Christie’s had a strong sale of Modern and Contemporary art today. The top lot was Pablo Picasso’s Guitar. It was followed by several familiar names in the French market Zao Wou-ki, Pierre Soulages, Nicolas de Staël and Jean Arp who have all been experiencing strong and active sales. The surprise was Pierre Alechinsky who had a work double his former record price to make €1.38m. Christie’s gave out a break down by category of the sales:
- The Impressionist and Modern Art section realised €11,431,000 including Fernand Léger's Nature morte which sold for €1,039,500 and Chaïm Soutine's La place de la Liberté à Céret realised €877,500.
- The Contemporary Art section totalled €18,278,000 with a strong price established for Zao Wou Ki's 01.04.1986 which sold for €2,857,000 against a presale estimate of €800,000-1,200,000 and for Pierre Soulages' Peinture 97 x 130cm, 5 juin 1962, sold for €2,632,500.
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