Christie's reports a record year

With 5.3 billion pounds ($6.8 billion Swiss francs) looks back to the auction house Christie’s on the most successful year since its inception in the year 1766. Compared to the previous year, it was able to increase its sales by three percent. The global company, which is owned by the French billionaire and art collector François Pinault, claimed this result as a market leader.

in 2017, the sale of Leonardo was da Vinci's "Salvator Mundi" (authenticity is still disputed) for a sensational $ 450 million to the income statement. In 2018, it was the collection of Peggy and David Rockefeller, whose auction was the proceeds of everything else in the shade, as Bertold Müller, Managing Director of Christie's Europe, Middle East, Russia and India, said yesterday. The sale of the approximately 1,500 objects from the collection of the American industrialist family provided $ 835 million. The entire proceeds were used by the Rockefeller Foundation to charitable purposes, what is good for the reputation of the art market, where dubious transactions.

The Centerless at the Rockefeller-auction of Picasso "Fillette au corbeille fleurie" of 1905, which was bought for $ 115 million of David Nahmad was. The Lebanese-American art dealer, was called in connection with the robbery of art in the Panama Papers.

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In 1968, David Rockefeller created a six-person syndicate to acquire the collection of Gertrude Stein for the MoMA. After one member dropped out, David took on that person's investment. ? .? When the syndicate members met to divide the collection between them, David had a double interest in the six-way split. ? . ? David picked Picasso's ‘Fillette a la corbeille fleurie’, as his first pick. Its value had increased significantly: back in 1905, Leo Stein had paid only $30 for the piece. ? . ? The back of Picasso's painting reveals several exhibition labels, which show where the painting has been. Exhibition labels can emphasis the importance of a piece, and can also lead historians to original show reviews. One can learn how a painting was first received by the public. The first-hand accounts provide a helpful addition to the catalogue entries.? .? Pablo Picasso (1881 – 1973). ‘Girl with a Basket of Flowers, 1905. © Succession Picasso/DACS, London in 2018.? .? #Christ Rockenfeller #Theartof Giving #Giving While Living #Rockefeller Philanthropy #Gertrude Stein #Picasso #Paris #MoMA # ???? @ChristiesInc ?

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The "Fillette au corbeille fleurie" by Picasso, is the Highlight of the Rockefeller collection. Source: Instagram

The image is now in the Picasso exhibition at the Fondation Beyeler in Riehen. Connoisseur of the art market mean that the Picasso is not achieved with the minors naked girls, due to the #MeToo debate the price it was actually worth.

A third of the sales from the Rockefeller collection was conducted via the Internet. Even if the public art auctions generated by far the largest share of the turnover of Christie's Online auctions are becoming more and more important. So, the company achieved a turnover of $ 250 million. Christie’s in this area all competitors in the shade.

Important Online sales

Online sales are Important, according to Müller, because you reach a wider and younger group of buyers. About 40 percent of new customers are recruited in this way, also, because the price segment is different from the traditional auctions. In the case of Offline sales, depending on the plant, also moderate prices, so that the customers do not come rich from Christie’s from the circle of the super. To talk

the big Lots in the last year, for example, a Edward Hopper for $ 91 million, a Claude Monet for $ 84 million, or a gemstone, such as the Winston Pink Legacy, achieved at an auction in Geneva, more than 50 million Swiss francs. but

The most expensive work by a Swiss artist, was a small figure by Alberto Giacometti, which moved at an auction in Zurich for 1.8 million Swiss francs. (Editorial Tamedia)

Created: 08.02.2019, 10:36 PM