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Post-War and Contemporary Art

New York, 8 March 2013, Sale #2683


[All sold prices include buyers premium]

First Open

239 lots sold 297 lots offered Lot

Total: $12,352,550 /8,275,344 /9,509,240 0.6699= $1 / 0.7698=$1 Description Estimate ($) Price Realized
$ 782,500 250,000-350,000 524,220 602,384 $ 626,500 200,000-300,000 419,711 482,292 $ 566,500 379,515, 436,103 $ 374,500 180,000-250,000 250,889 288,298 $ 362,500 200,000-300,000 242,850 279,060 $ 350,500

87% sold by lot 85.5% sold by value Buyer

77

Gerhard Richter, Ohne Titel, oil on paper, drawn in 1986

US Private

65

Peter Doig, Cobourg 3+1 more, oil on paper, painted in 1995


WORLD AUCTION RECORD FOR A WORK ON PAPER BY THE ARTIST

US Private

110

Harry Bertoia, Dandelion from the Hilton Hotel, Denver, stainless steel, executed in 1961.
SECOND HIGHEST PRICE FOR THE ARTIST AT AUCTION

150,000-200,000

Anonymous

111

Frank Stella, Untitled, oil on canvas, painted in 1961

US Trade

112

Gerhard Richter, Grn-Blau-Rot, oil on canvas, painted in 1993

US Private

62

Gerhard Richter, Fuji, oil on alucobond, painted in 1996

180,000-250,000

234,810 269,822 $ 314,500

European Private

90

Andreas Gursky, Atlanta, cibachrome print, executed in 1996 Gerhard Richter, Felsenlandschaft watercolor on paper, drawn in 1984.
WORLD AUCTION RECORD FOR A WATERCOLOR BY THE ARTIST

250,000-350,000

210,693 242,108 $ 268,500

European Private

64

70,000-100,000

179,876 206,697 $ 254,500

European Trade

52

Andy Warhol, Campbell's Soup Box: Chicken Rice acrylic and silkscreen inks on canvas, painted in 1986.

120,000-180,000

170,497 195,919 $ 230,500

Asian Private

89

Anselm Kiefer, Star Book, bookacrylic on lead on cardboard, executed in 2001

180,000-250,000

154,419 177,444

Australia Private

Saara Pritchard, Head of First Open, Post-War and Contemporary Art:

First Open achieved over $12 million in sales-- its highest total to date.
The auction opened with BKLYN works donated by 23 artists to benefit the artistic activities of the Brooklyn Museum, which realized $506,250 (lots 1 23). One of the contributors Dustin Yellin made his debut at auction with I see the Boys of Summer (lot 19)a work that exemplifies the Brooklyn Museum's dedication to young, emerging artists, was sold for $30,000, six times its presale estimate. The 21 works (lots 162 182) offered by artists to support the Artists Space program fund, totaled $830,625. After, a work on paper by Richard Serra estimated 70,000-80,000 was sold for $218,500. The selection of intimately-sized Abstract Expressionist works (lots 113-149) from the Property of a Private Collection, included ones by Adolph Gottlieb, Richard Pousette-Dart, Mark Tobey and Helen Frankenthaler that sold for a total of $1 million. The extremely competitive bidding underscored the ongoing enthusiasm for exceptional examples from one of the most important schools of the 20th century. These works capture the zeitgeist of American Modernism, when artists united to change the course of American art history, and sold with great success. World auction records were fetched by works created by Dorothy Dehner (lot 131) at $ 47,500 and Melville Price (lot 124) at $4,000.

The highlights of the sale were two major works on paper by Gerhard Richter (lot 77) and Peter Doig (lot 65), both of which were held in private collections and unseen for 20 years. While both exceeded their pre-sale estimates. Doigs Cobourg + 1 achieved a new world record for a works on paper by the artist, selling for $626,500. Gerhard Richters Ohne Titel (9.4.86), 1986among the most ambitious works on paper in Richters oeuvre in terms of both scale and execution, was sold for $782,500. We are pleased with the successful prices achieved by artists presented for the first time at auction: Keltie Ferris (lot 76) $68,500, Angel Otero (lot 8) $ 52,500, Aleksandar Duravcevic (lot 15) $8,750, Dustin Yellin (lot 19) $30,000. Significant auction records were set with the sale of works by Mel Bochner (lot 57) and Alfredo Jaar (lot 173), which sold for $74,500 and $62,500, respectively. PRESS CONTACT: Capucine Milliot | +1 212 641 5078| cmilliot@christies.com Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or application of buyers or sellers credits.

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