Dissecting The London Postwar Sales

The postwar and contemporary evening sales in London this month brought in more than £240 million (about $370 million) in total sales for Sotheby’s and Christie’s—a banner year for the annual auctions. Today we slice into the numbers to see how the big two achieved those results. As the graph above shows, almost

Christie's post-war art sales break records in first half

Auction house Christie's reported record-breaking sales of post-war and contemporary art for January-June, helping push total sales to 2.69 billion pounds including a Picasso painting and 51 other works fetching $10 million (5.83 million pounds) or more.Sales rose 12 percent during the first half, compared with the first half of

A Sizzling Francis Bacon Helps Christie's Cook Up $126 Million at Its London Contemporary Sale

LONDON — Powered by a rare-to-market Francis Bacon painting of a reclining female nude, Christie’s Postwar and Contemporary Art evening sale shot to £80,576,100 ($126,504,477), the highest contemporary mark for the house here since June 2008.The tally came close to the high end of the £56.77 to 84 million ($88.96-131.9 million)