S otheby’s marquee auction week, 168开奖官方开奖网站查询:The New York Sales, delivered a strong showing across categories, capped by excellent results in its Modern Evening Auction – including a new auction record for architect Frank Lloyd Wright – and an exceptional result for The Now and Contemporary Evening Auction. The sales drew ꦛglobal partic🔯ipation and underlined the market’s appetite for fresh-to-market works of art from celebrated artists and works assembled by visionary collectors.

The New York Sales

168开奖官方开奖网站查询:The Modern Evening Auction led the week with a total of $186.4 million, with nearly half the works coming to auction for the first time. Strong results were driven by major names, including a commanding $15 million for Pablo Picasso’s 168开奖官方开奖网站查询:Homme assis, among the most significant from his Musketeers and Matadors series. Georgia O’Keeffe’s 168开奖官方开奖网站查询:Leaves of a Plant exceeded its presale estimate, selling for $13 million in its auction debu🍸t.

Other highlights included Paul Cézanne’s 168开奖官方开奖网站查询:portrait of Hortense Fiquet, which led The Collection of Rolf & Margit Weinberg at $7.4 million, and Paul Signac’s 168开奖官方开奖网站查询:Saint-Georges. Couchant (Venise), wh𝄹ich sold for a record $8.1 million for a Venetian sub🌊ject by the artist.

Bidding was particularly competitive for works of Orphist art, an abstract movement named by the Surrealist poet Guillaume Apollinaire. František Kupka’s 168开奖官方开奖网站查询:Flux et reflux achieved $5.9 million and his 168开奖官方开奖网站查询:Formes flasques reached $5.3 million, both from The Joseph H. Hazen Family Collection. Meanwhile Robert Delauney’s 168开奖官方开奖网站查询:Nature morte realized $2 million – well above its $1ꦍ.5 million high estimate.

Sculpture also performed well, notably Jean Arp’s 168开奖官方开奖网站查询:Figure-germe dite l’après-midinette, which doubled its high estimate at $3.6 million. Meanwhile, Willem de Kooning’s 168开奖官方开奖网站查询:Two Figures in Dunes fetched $3.2 million – nearly 15 times its 1993 sale price. A Van Gogh 168开奖官方开奖网站查询:double-sided work fro൩m The Marina Picasso Collection also attracted bidding from Asia, selling for just under $1 million.

Among the most talked-about results is the $7.5 million sale of a 168开奖官方开奖网站查询:Frank Lloyd Wright double-p💞edestal lamp, which set a new auction record for the architect and designer. The lamp, created for the Susan Lawrence Dana House in Springfield, IL, ignited an 11-minute bidding battle and more than doubled Wright’s previous aucti🐻on record, set in 2023. Jodi Pollack, Sotheby’s Chairman and Co-Worldwide Head of 20th Century Design, described the work as “a beacon of the American pursuit of design, innovation and progress.” Its final price was nearly four times what it had achieved when it last sold in 2002.

168开奖官方开奖网站查询:The Now and Cont꧒ღemporary Evening Auction followed with similarly robust results, totaling $127.1 million – a 31% incrꦍease over last November’s edition. Combined with single-owner, white-glove auctions dedicateꦬd to collectors and gallerists Barbara Gladstone ($18.5 million) and Daniella Luxembourg ($40.4 million), the evening reached $186.1 in total sales. Competitive bidding was a hallmark of the evening, with 96% of lots sold and multiple works attracting five or more bidders.

Highlights include Jean-Michel Basquiat’s 168开奖官方开奖网站查询:Untitled, which sold for $16.4 million after a six-minute contest among four bidders – marking the second-highest auction price for a work on paper by the artist. Ed Ruscha’s 168开奖官方开奖网站查询:That Was Then This Is Now achieved $7.8 million, while Andy Warhol’s 168开奖官方开奖网站查询:Flowers more than tripled its low estimate, realizing $4.1 millio൲n after attracting five bidders.

Works from the Collection of Dorothy and Roy Lichtenstein were 100% sold, totaling $29 million – exceeding the group’s high estimate of $25 million. The top lot from the collection, 168开奖官方开奖网站查询:Reflections: Art, reached $5.5 million, while 168开奖官方开奖网站查询:Stretcher Frame with Cross Bars III sold to applause at $4.9 million, far above its $2.5-3.5 milli﷽on estimate.

“I don’t take it for granted that people love my father’s work as much as🐼 I do,“ said Mitchell Lichtenstein, “so I was heartened by the depth of interest expressed in the success of these sales. And I was especially excited to see strong results for his various studies and for the lesser-known works of the 1940s and ’50s.”

A number of artists achieved auction records across the three-sale evening, including Michael Armitage, whose 168开奖官方开奖网站查询:Mpektoni sold for $2.4 million, and Claes Oldenburg, whose 168开奖官方开奖网站查询:Soft Switches realized $1.9 million – a record for a light switch work by the artist. Additional records were set for 168开奖官方开奖网站查询:Carroll Dunham ($762,500) and 168开奖官方开奖网站查询:Ernst Yohji Jäger ($190,500).

The combined sell-through rate𝔉 for The Modern Day Auction and The Contemporary Day Auction was an impressive 85% – the highest since November 2021 – with more than half of the artworks in each auction selling above their high estimates

168开奖官方开奖网站查询:Im Spazio: The C𓂃ollection of Daniella Luxembourg was led by Lucio Fontana’s 168开奖官方开奖网站查询:Concetto spaziale, La fine di Dio, which fetched $14.5 million. Michelangelo Pistoletto’s 168开奖官方开奖网站查询:Maria nuda saw spirited bidding from e🍰ight participants before selling to a European collector for $3.4 million, five times its last a🎶uction price in 2004.

Selecti🏅ons from the Collection of Barbara Gladstone achieved $18.5 million, surpassing expectations with 100% of lots sold and 75% exceeding their high estimates. Leading the group was Richard Prince’s 168开奖官方开奖网站查询:Man Crazy Nurse, which realized $4 million. Other standouts included Andy Warhol’s 168开奖官方开奖网站查询:Flowers, which more than doubled its high estimate to sell for $3.8 million, and Thomas Schütte’s 168开奖官方开奖网站查询:Roter Frauenkopf, which brought in $698,500, more than twice its high estimate. The results reflected the market’s strong appeti♏te for works tied to Gladstone’s avant-garde legacy and discerning eye.

“Last night’s results were 💃nothing short of extraordinary,” said Gabriela Palmieri, advisor for the collections of Daniella Luxembourg and Barbara Gladstone. “How could one not be thrilled to see these visionary collections from two trailblazing women༒ receive the recognition they deserve?”

Several works from The New York Sales spoke directly to the moment, backed by major institutional attention. Among them: Rashid Johnson’s 168开奖官方开奖网站查询:Two Standing Broken Men, which brought in $1.8 million ahead of a mid-career survey at the Guggenheim, and Jack Whitten’s 168开奖官方开奖网站查询:Alpha Group III, which achieved $1.1 million aheꦆad of a MoMA retrospective.

With global participation – from collectors in Asia acquiring works by Van Gogh, Matisse and Munch, to European collectors contributing almost a🌌 third of the total spend, to millennial collectors making up nearly a quarter of the value in the two curated evening sales – Sotheby’s May sales confirmed not just the vitality of the market, but also the enduring appeal of premier works across disciplines.

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