Auction Results: Post-War and Contemporary Art Evening and Day Auctions, March 6 and 7, 2019 @Christie’s London

The top photography lots at Christie’s recent Post War and Contemporary Art auctions in London carried the sales. Led by prints by Barbara Kruger and Wolfgang Tillmans (both of which found buyers) and followed by a dozen more in the top price tier (that also found buyers), even with only two positive surprises, the Total Sale Proceeds came in above the top end of the aggregate pre-sale estimate range.

The summary statistics are below (all results include the buyer’s premium):

Summary Statistics
Total Lots 25
Pre Sale Low Total Estimate £845000
Pre Sale High Total Estimate £1185500
Total Lots Sold 19
Total Lots Bought In 6
Buy In % 24.00%
Total Sale Proceeds £1296375

Here is the breakdown (using our usual Low, Mid, and High price tier definitions):

Detailed Breakdown
Low Total Lots 4
Low Sold 3
Low Bought In 1
Low Buy In % 25.00%
Total Low Estimate £9500
Total Low Sold £4375
Mid Total Lots 9
Mid Sold 4
Mid Bought In 5
Mid Buy In % 55.56%
Total Mid Estimate £131000
Total Mid Sold £98750
Total High Lots 12
High Sold 12
High Bought In 0
High Buy In % 0.00%
Total High Estimate £1045000
Total High Sold £1193250

The top photography lot by High estimate was tied between two lots: lot 30, Wolfgang Tillmans, Freischwimmer 207, 2012, and lot 320, Barbara Kruger, Untitled (Perpetual Still Life), 1986, both estimated at £180000-250000. The Kruger print was the top photography outcome of the sales at £383250 (image above, via Christie’s); the Tillmans print sold for £225000.

94.74% of the photo lots that sold had proceeds in or above the estimate range and there were 2 positive surprises in the sales (defined as having proceeds of at least double the high estimate) (images above, via Christie’s):

Lot 215, Gerhard Richter, Untitled (1.12.88), 1988, estimated at £25000-35000, sold at £75000

Lot 321, Wolfgang Tillmans, JAL, 1997, estimated at £15000-20000, sold at £40000

Complete lot by lot results can be found here (Evening) and here (Day).

Barbara Kruger, Gerhard Richter, Wolfgang Tillmans, Christie's

Leave a comment

Your email address will not be published.

Recent Articles

Barbara Kasten: CONSTRUCTS 1981-1982 @Bortolami

Barbara Kasten: CONSTRUCTS 1981-1982 @Bortolami

JTF (just the facts): A total of 8 color photographs, framed in black and matted, and hung against white walls in a small side gallery. All of the works are ... Read on.

Sign up for our weekly email newsletter