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Sotheby's London Impressionist & Modern Art Sale Series Achieves Total of $181,028,706
A Sotheby's employee poses with artist Alberto Giacometti's artwork "Trois hommes qui marchent II" at Sotheby's Auction House in London. The piece was expected to realise up to £15 million ($24.23 million) at Sotheby's and sold for £10,681,250 ($17,353,827/€11,959,826). REUTERS/Luke MacGregor.


LONDON.- Yesterday, Sotheby’s London June Impressionist & Modern Art Day Sale brought a total of £14,622,250/$23,484,796 /€16,436,842, bringing the total for the June Impressionist & Modern Art sale series to £111,590,250 / $181,028,706 / ¤125,012,186, comfortably within the combined presale estimate of £91,989,000-132,214,000 / $103,064,905-148,132,751 / €149,181,313-214,417,225

James Mackie, Director & Acting Head of Sotheby’s Impressionist & Modern Art Day Sale, commented: “Today’s sale saw strong prices achieved for Modern masters, with Alberto Giacometti, Marc Chagall and Salvador Dalì attracting competitive bidding from international buyers, and earlier works were also well represented and sought after by collectors.”

The highest price of the week’s sales was established at Sotheby’s with the sale of Egon Schiele’s 1914 cityscape Häuser mit bunter Wäsche (Vorstadt II) / Houses with Laundry (Suburb II), which commanded £24,681,250 / $40,099,627 / €27,635,665 665 (est. £22-30 million / $35.4-48.5 million), almost double the previous record for the artist at auction. The monumental work, sold by the Leopold Museum in Vienna , was acquired by an anonymous telephone bidder.

Records were also set for Marc Chagall’s Au-Dessus de la ville, which soared past the high estimate of £850,000 to sell for £1,833,250 / $2,978,481 / €2,052,695, setting a record for a work on paper by the artist, and Tamara de Lempicka’s sensual La Dormeuse of 1930 sold for £4,073,250 / $6,617,809 / €4,560,830 (est. £2.2-£3.2 million), establishing a record for the artist at auction in US dollars.





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