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  • L11024 Contemporary Evening 13.10

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    Sotheby’s Evening Sales of Contemporary Art and 20th Century Italian Art, including ‘Italian Identity’ – an important private collection – brought the combined total of £39,456,950/$62,081,566/€45,048,011 against the pre-sale estimate of £34,982,000-48,338,000 – in excess of the total achieved for the equivalent sales last year (£34 million). A total of six artist records were established across both sales – for Alberto Burri, Leon Kossoff, Wim Delvoye, Francesco Lo Savio, Michelangelo Pistoletto and Giuseppe Penone. The Contemporary Art Evening Sale brought a total of £17,809,000/$28,020,681/€20,332,540 (pre-sale est. £19-26 million) - the third-highest total for an October sale of Contemporary Art at Sotheby’s London – and established sell-through rates of 76.6% by lot (36 of the 47 lots offered sold) and 79.2% by value, and saw two new artist records set for Leon Kossoff and Wim Delvoye. Sotheby’s sale of 20th Century Italian Art (including ‘Italian Identity’, an important private collection) achieved the highest-ever total for a sale in this category, with a total of £21,647,950/$34,060,885/€24,715,471, exceeding pre-sale expectations (est. £15.8-21.7 million) and established healthy sell-through rates of 79.3% by lot and 84.9% by value. The important private collection ‘Italian Identity’ (lots 1-36) realised £10,691,550/$16,822,085/€12,206,546 (pre-sale est. £7,087,000-9,863,000). · The top-selling lot of the 20th Century Italian Art Sale was Alberto Burri’s Combustione Legno, which sold for £3,177,250 ($4,999,085/€3,627,467) - a record for the artist at auction. · The top-selling lot of Contemporary Art Evening Sale was Lucian Freud’s Portrait Boy's Head of 1952 depicting Charlie Lumley, which sold for £3,177,250/$4,999,085/€3,627,467 · Leon Kossoff’s A Street in Willesden of 1985 sold for £690,850/$1,086,983/€788,744 – almost double its low estimate of £350,000-450,000 – a record for the artist at auction.

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    Sotheby’s Evening Sales of Contemporary Art and 20th Century Italian Art, including ‘Italian Identity’ – an important private collection – brought the combined total of £39,456,950/$62,081,566/€45,048,011 against the pre-sale estimate of £34,982,000-48,338,000 – in excess of the total achieved for the equivalent sales last year (£34 million). A total of six artist records were established across both sales – for Alberto Burri, Leon Kossoff, Wim Delvoye, Francesco Lo Savio, Michelangelo Pistoletto and Giuseppe Penone. The Contemporary Art Evening Sale brought a total of £17,809,000/$28,020,681/€20,332,540 (pre-sale est. £19-26 million) - the third-highest total for an October sale of Contemporary Art at Sotheby’s London – and established sell-through rates of 76.6% by lot (36 of the 47 lots offered sold) and 79.2% by value, and saw two new artist records set for Leon Kossoff and Wim Delvoye. Sotheby’s sale of 20th Century Italian Art (including ‘Italian Identity’, an important private collection) achieved the highest-ever total for a sale in this category, with a total of £21,647,950/$34,060,885/€24,715,471, exceeding pre-sale expectations (est. £15.8-21.7 million) and established healthy sell-through rates of 79.3% by lot and 84.9% by value. The important private collection ‘Italian Identity’ (lots 1-36) realised £10,691,550/$16,822,085/€12,206,546 (pre-sale est. £7,087,000-9,863,000). · The top-selling lot of the 20th Century Italian Art Sale was Alberto Burri’s Combustione Legno, which sold for £3,177,250 ($4,999,085/€3,627,467) - a record for the artist at auction. · The top-selling lot of Contemporary Art Evening Sale was Lucian Freud’s Portrait Boy's Head of 1952 depicting Charlie Lumley, which sold for £3,177,250/$4,999,085/€3,627,467 · Leon Kossoff’s A Street in Willesden of 1985 sold for £690,850/$1,086,983/€788,744 – almost double its low estimate of £350,000-450,000 – a record for the artist at auction.

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    28 views1 page

    L11024 Contemporary Evening 13.10

    Uploaded by

    Gavel
    Sotheby’s Evening Sales of Contemporary Art and 20th Century Italian Art, including ‘Italian Identity’ – an important private collection – brought the combined total of £39,456,950/$62,081,566/€45,048,011 against the pre-sale estimate of £34,982,000-48,338,000 – in excess of the total achieved for the equivalent sales last year (£34 million). A total of six artist records were established across both sales – for Alberto Burri, Leon Kossoff, Wim Delvoye, Francesco Lo Savio, Michelangelo Pistoletto and Giuseppe Penone. The Contemporary Art Evening Sale brought a total of £17,809,000/$28,020,681/€20,332,540 (pre-sale est. £19-26 million) - the third-highest total for an October sale of Contemporary Art at Sotheby’s London – and established sell-through rates of 76.6% by lot (36 of the 47 lots offered sold) and 79.2% by value, and saw two new artist records set for Leon Kossoff and Wim Delvoye. Sotheby’s sale of 20th Century Italian Art (including ‘Italian Identity’, an important private collection) achieved the highest-ever total for a sale in this category, with a total of £21,647,950/$34,060,885/€24,715,471, exceeding pre-sale expectations (est. £15.8-21.7 million) and established healthy sell-through rates of 79.3% by lot and 84.9% by value. The important private collection ‘Italian Identity’ (lots 1-36) realised £10,691,550/$16,822,085/€12,206,546 (pre-sale est. £7,087,000-9,863,000). · The top-selling lot of the 20th Century Italian Art Sale was Alberto Burri’s Combustione Legno, which sold for £3,177,250 ($4,999,085/€3,627,467) - a record for the artist at auction. · The top-selling lot of Contemporary Art Evening Sale was Lucian Freud’s Portrait Boy's Head of 1952 depicting Charlie Lumley, which sold for £3,177,250/$4,999,085/€3,627,467 · Leon Kossoff’s A Street in Willesden of 1985 sold for £690,850/$1,086,983/€788,744 – almost double its low estimate of £350,000-450,000 – a record for the artist at auction.

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    of 1

    +44 (0)20 7293 5000 F +44 (0)20 7293 5989 WWW.SOTHEBYS.

    COM

    Sale Results

    London, Bond St

    Sale L11024 Contemporary Art Evening Auction


    Grand Total
    Sold by Lot:
    Sold by Value:
    Lot

    13 OCT 11

    17,809,000 GBP (28,020,681 USD)


    76.6%
    79.2%
    Price (GBP)

    Exch Rate:
    Lots Offered:
    Lots Sold/Unsold:
    Estimate (GBP)

    Buyer

    3,000,000 - 4,000,000

    Anonymous

    9
    1,721,250 ($2,708,215)
    1,400,000 - 1,800,000
    Miquel Barcel, Pluja Contracorrent, mixed media on canvas, executed in 1991, 300 x 200cm.

    Anonymous

    26
    1,217,250 ($1,915,221)
    1,100,000 - 1,600,000
    Jean-Michel Basquiat, Spike, acrylic and oilstick on canvas, 1984, 155 by 165cm.

    Private US

    17
    3,177,250 ($4,999,085)
    Lucian Freud, Boy's Head, oil on canvas, 1952, 21.6 by 15.9cm.

    1.57
    47
    36 / 11

    30
    825,250 ($1,298,448)
    700,000 - 900,000
    Anonymous
    Anselm Kiefer, Melancholia, mixed media on canvas with glass polyhedron, 2004, 280 by 381 by 57cm.
    20
    690,850 ($1,086,983)
    350,000 - 450,000
    Leon Kossoff, A Street in Willesden, oil on board, 1985, 213.4 by 208.3cm.
    ***RECORD FOR THE ARTIST AT AUCTION***
    24
    623,650 ($981,251)
    600,000 - 1,200,000
    Andy Warhol, Mao, acrylic and silkscreen ink on canvas, 1973, 30.5 by 25.4cm.

    Private European

    25
    601,250 ($946,007)
    280,000 - 350,000
    Cy Twombly, Untitled, gouache, chalk, pastel and graphite on paper, 1971, 70 by 100cm.

    Private Latin American

    36
    577,250 ($908,245)
    500,000 - 700,000
    Marc Quinn, Microcosmos ( SIREN), 10 kilograms of 18 carat gold, cast, 2008, 34 by 23 by 19cm.

    Anonymous

    23
    541,250 ($851,603)
    300,000 - 400,000
    Jean-Michel Basquiat, Untitled (Many Figures), oilstick on paper, 1982, 55.9 by 76.2cm.

    Private US

    18
    517,250 ($813,841)
    300,000 - 400,000
    Lucian Freud, Untitled (Interior Drawing the Owl), pen and ink on paper, 1945, 54.5 by 40.5cm.

    Private UK

    Private US

    ---PLEASE
    --- PLEASE SEE SEPARATE POSTPOST- SALE RELEASE--RELEASE--Specialists in Charge: Oliver Barker, Cheyenne Westphal,
    Alexander Branczik

    Press Office Contact: Simon Warren

    Please note all prices include buyer's premium. Sale session totals are net aggregate figures plus premiums. Sotheby's buyer's premium is 25% of the hammer price on the first 25000,
    20% of the hammer price up to and including 500000, and 12% thereafter on each lot. **Estimates do not include buyer's premium**
    SOTHEBY'S: REGISTERED AT THE ABOVE ADDRESS NO. 874867

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