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Christie’s Reports Record Art Sales Over $153M for the Spring Marquee

Christie’s continued its 20th and 21st Century Spring Marquee Week auctions with a strong showing for A Century of Art: The Gerald Fineberg Collection Part I, a result that confirmed the prescient taste and sensitive eye of one of the great collectors of the last half-century.

Records were broken for women artists and for artists of color, continuing a trend of the past several seasons.

The evening achieved $153,053,300, bringing the total for the Spring Marquee Week to $878,066,496, with a final sale remaining, A Century of Art: The Gerald Fineberg Collection Part II beginning tomorrow at 10 AM.

This evening’s auction was 91% sold by lot, and 77% hammer against low estimate.

The highest-priced lots of the sale reflected the diversity of Gerald Fineberg’s interests, with pieces from the 1950s through 1990s achieving strong numbers in a sale of works that spanned a century.

The top lot of the evening was Christopher Wool’s Untitled, selling for $10,070,000. There were notable results for Gerhard Richter’s Badende, which sold for $9,610,000; Pablo Picasso’s Buste d’homme lauré making $8,460,000; a Joan Mitchell abstraction Untitled brought $6,584,000.

Christie’s achieved five new records in total, the majority for female artists: Alma Thomas, Jo Baer, and Alina Szapocznikow.

Two were set by artists of color, notably Barkley Hendricks, whose portrait of Stanley Whitney sold for $6,100,000 after more than six minutes of competitive bidding.

Sara Friedlander, Deputy Chairman of Post-War and Contemporary Art, said, “Jerry Fineberg would have reveled in this evening, which showed how far ahead of the curve he was in his collecting evidenced by the multitude of world record prices set by artists, many of whom have never appeared in an evening sale at Christie’s.

It was an honor to know Jerry and to share his taste, his passion, and his gloriously varied collection with the world. We look forward to his Part II sale tomorrow as well as future sales in Design, Photography, and Contemporary Art.”

By ML staff. Images courtesy of Christie’s.


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