This report on the Paris Impressionist and Modern Art market by Angelica Villa with data from Live Art Auction 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.)
Without the force of FIAC and La Bienniale Paris this season to attract global collectors, Christie’s and Sotheby’s faced a new challenge staging their Impressionist & Modern Art auctions in their French headquarters. The sales were lead this June by Van Rysselberghe, Klee, Magritte, Picabia and Picasso, placing works with buyers for prices as high €5.6 million to as low as €625,000.
The summer sales of Impressionist and Modern art in Paris saw an increase from the previous year—the two sessions, which came to €22.6 million total (excluding works on paper offered in a separate session) were up 23% from the €18.4 million total across the March 2019 auctions. The season’s top lots were by Belgian Neo-Impressionist, Theo van Rysselberghe and Swiss artist, Paul Klee.Continue Reading