LONDON.- Classic Week at
Christies concluded on 13 July achieving a total of £109,038,888 / $141,931,118 / 128,048,200, having welcomed over 19,000 visitors to view the diverse displays and auctions which spanned the Decorative Arts, Antiquities, Old Master & British Paintings, Prints and Drawings, Books and Manuscripts and The Exceptional Sale. The week realised a strong average sell-through rate of 87% by value across the 14 sales, anticipating the market for each price point and category. Increased international participation saw over 1,000 registered bidders from 50 countries, 695 registered online bidders and substantial cross-category buying with over 700 active bidders across the week, including collectors of 20th Century art. Christies achieved seven of the top ten auction prices of the season across all houses, underlining its leading position in the market. The auctions were highlighted by the memorable sale of Rubenss masterpiece Lot and his Daughters, which achieved the highest price for a work of art at auction this year.
The energy and response from Christies clients to the first Classic Week in London has been exceptional - as the salerooms were transformed to host the very best in classical art, said Orlando Rock, Chairman, Christies UK. Following Christies 20th Century sales and the curated 250th anniversary Defining British Art sale on 30 June which achieved £33.5 million for the Old Master category, Classic Week has been a fitting conclusion to a remarkable summer season at Christies, highlighted by Rubenss masterpiece Lot and his Daughters. Our specialists have continued to innovate and inspire collectors and I hope that James Christie himself would have been proud that his legacy lives on.
CHRISTIES SUMMER SEASON BY NUMBERS
Classic Week (5 13 July 2016) totalled: £109,038,888 / $141,931,118 / 128,048,200.
20th Century at Christies (20 30 June 2016) totalled: £212,545,850 / $291,370,503 / 258,869,958.
Christies 250th Defining British Art Sale (30 June 2016) totalled: £99,479,500 / $133,203,051 / 119,872,798.
Top lots across the season:
o Peter Paul Rubenss Lot and his Daughters (circa 1613-14) achieved £44,882,500 / $58,167,720 / 52,422,760, the highest price realised for a work of art this year.
o John Constables full-scale six-foot sketch, View on the Stour near Dedham by John Constable (circa 1821-22), which sold for £14,082,500 / $18,856,468 / 16,969,413.
o Henry Moores Reclining Figure: Festival sold for £24,722,500 / $33,103,428 / 29,790,613, the highest price for a work by the artist at auction.
o Francis Bacons Version No. 2 of Lying Figure with Hypodermic Syringe1968, realised £20,242,500 / $27,104,708 / 24,392,213.
49 lots sold over one-million GBP.
67 lots sold over one-million USD.
30 artist records were set throughout the season.
Over 36,000 visitors to Christies King Street since the opening of the new gallery space.