One Week of Sales Totals £631 Million at Sotheby's Worldwide
AT SOTHEBY’S WORLDWIDE
A 15% Increase over the Same Sales Last Spring
2,758 Lots Sold Across 14 Auctions In New York, Geneva, Paris and London
Week of Sales Is 87% Sold
– Two-Thirds of All Lots Sell above Their High Estimates –
JEAN-MICHEL BASQUIAT BREAKS $100 MILLION BARRIER
Untitled from 1982 Achieves $110.5 Million
– Auction Record for Any Work by an American Artist –
Thousands Watch Basquiat Sell Live Online and on Instagram, Becoming a Global Trending Topic across Social Media
NEW WORLD AUCTION RECORD FOR EARRINGS The Apollo and Artemis Diamonds
Sell for a Combined $57.4 Million
Top Lots Sold Online:
Joan Mitchell’s Another Fetches $2.7 Million A 12.8-Carat Diamond Ring Brings $1.2 Million
TWO RARE ‘WHITE GLOVE’ AUCTIONS
A Paris Design Sale Dedicated to the Work of Diego Giacometti &
Picasso: Man & Beast
Offering Unique Ceramics and Works on Paper
From the Collection of the Artist’s Granddaughter, Marina Picasso
Part III of the Don Stott Cellar Is 99% Sold,
Raising Results for This Distinguished Wine Collection to $19 Million
Sotheby’s First Auction of Modern & Contemporary African Art Achieves $3.6 Million
HIGHLIGHT ANNOUNCED FOR MARQUEE
JUNE AUCTIONS IN LONDON
Wassily Kandinsky’s Murnau – Landschaft mit grünem Haus, An Expressionist Masterpiece by the Pioneer of Abstract Art Estimated to Sell for £15–25 Million
NEW YORK, 22 May 2017 – From 15–20 May, Sotheby’s conducted 14 auctions worldwide that totaled £631.3 million, matching the series’s high estimate, and with a very strong 87.5% of all lots sold. From 20th- and 21st-century art to magnificent jewels and rare wines, auction history was made throughout the week and across the globe.
Tad Smith, Sotheby’s President & CEO, commented: “Around the world with lots selling from less than $1,000 to over $110 million, last week was a very good one for Sotheby's clients, investors, staff, and even our competitors, and we toast all of them on great successes. And now we accelerate our momentum toward exciting sales this week in New York and London followed by great ones to come in Europe and Asia.”
COMING UP THIS WEEK AT SOTHEBY’S
Norman Rockwell’s The Saturday Evening Post cover Two Plumbers
American Art, 23 May
The autograph manuscript of Gustav Mahler's great song "Ich bin der Welt abhanden gekommen" Musical Manuscripts, 23 May
Superb silver, decorative furniture and pictures from the Belgravia home of Lord Ballyedmond
The Ballyedmond Collection, 23 & 24 May
Portraits of American Society by Sir Alfred James Munnings
European Art, 24 May
Diego Rivera's monumental portrait of the Mexican Golden Age film star Matilde Palou
Latin America: Modern Art Evening Sale, 25 May
The 'Holy Trinity' of Hypercars – the McLaren P1, the Ferrari LaFerrari, and the Porsche 918 Spyder – goes to auction at RM Sotheby's upcoming sale on shores of Lake Como, Italy Villa Erba Sale, 27 May
ONLINE-ONLY AUCTIONS NOW OPEN FOR BIDDING
Latin America: Modern Art Online
Latin America: Contemporary Art Online
American Art Online
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