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Collectors paid big money for Picasso and Giacometti.
June 30, 2021
Veronica Scarpati taking the 20th/21st Century: London Evening Sale - Live auction on 30 June at Christies King Street, London. Image courtesy Christie s.
Christie’s held a marathon series of sales that lasted more than three hours in total today, starting off in London with a major offering of Impressionist, modern, and contemporary art titled “20th/21st Century: London Evening Sale,” before switching countries entirely and moving the proceedings to Paris.
There, the two-part offering included the prestigious private collection of Francis Gross, much of which had not been seen in nearly three decades, as well as a focused group of works by artists closely associated with Paris, such as Pierre Soulages, Zao Wou-ki, and Jean Dubuffet.
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For the first time in 14 months, the auction calendar is behaving as it used to before Covid-19, as rivals Christie’s and Sotheby’s gear up for a week of marquee evening and day sales in New York. The events will begin on May 11 and end on May 14.
The phrases “masterpiece” and “museum-quality” are once again straining from overuse by auction specialists, and Sotheby’s will even allow in-person bidders, though in a highly limited capacity.
But even though the calendar looks like it used to and auction house specialists are sounding the same notes, the makeup of the auctions themselves, particularly in the contemporary art categories, is strikingly different than in years past.