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Sotheby's London auction of contemporary themes

Alexander Calder's Untitled £ 1,833,000

Alexander Calder's A Cinq Morceaux de Bois, 261,7 million pounds

Four-week, Sotheby's London to continue the theme of the post-war and the local auction, a number of new works to let the market have also raised about God.

And Wednesday and modern impression of the theme of the auction, this night's work is carefully choreographed. There are 40 works of 37 found buyers, with a total sales of 25.55 million pounds (41.91 million U.S. dollars). 6 works price of more than one million pounds, 11 works of more than one million U.S. dollars. Come from the geographical breakdown, Europe accounted for 57% of buyers, the U.S. accounts for 24%, Asia accounted for 19%.

Night work is the highest price Andy - Warhol's Mrs. McCarthy and Mrs. Brown (Tunafish Disaster), to 3.737 million pounds (valued from 3.5 to 4.5 million pounds) sold price. But the star of the evening is Alexander Calder, two of his works have sold in excess of valuation, A Cinq Morceaux de Bois to attract at least 5 buyers chasing each other (including Hauser & Wirth and Iwan Wirth of the Nahmads), final 261, £ 70,000 hammer (Valuation 120-1800000 pounds). Calder another free title to 183 entries.
30,000 pounds sold (Valuation 120-1800000 pounds).

For the evening the results of the auction, Sotheby's European contemporary art Cheyenne Westphal person in charge said: "We feel that if your price is right, then the market reaction is positive."

2009-6-27

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