Global participation was stronger than ever, bidders from 47 different countries converged at Christie’s New York, and new world auction records were set for the great masters of modernism: Claude Monet, Wassily Kandinsky and Willem de Kooning. Christie’s leads the auction market for impressionist and modern art - The highest auction prices of 2016 achieved at Christie’s New York.
One week following the U.S. Presidential elections, an engaged, confident and increasingly global community of collectors converged at Christie’s flagship saleroom in Rockefeller Center, driving the firm’s total sales of Impressionist, Modern, Post-War and Contemporary Art to a combined $620,173,375 (£502,336,526 / €582,927,448). A companion online-only sale devoted to Picasso Ceramics concluded the series late Friday afternoon, with 100% of lots sold, adding an additional $1.77 million to the week’s total.
Christie’s continued investment in global growth initiatives was evident this season, as clients from more than 47 different countries registered to participate in the 20th Century Art Week series. American buyers were a dominant force across the sales, with strong competition from Asian and European collectors, particularly for Impressionist and Modern Art. Read More…
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