Following yesterday evening's remarkably strong results, Sotheby's
October Sales Series of 20th Century Italian Art and Contemporary Art today concluded with the Contemporary Art Day Auction, which brought the near-top estimate total of £9,683,850 ($15,513,528/11,014,376) (est. £7.5-10.6 million). The sale established sell-through rates of 83% by lot and 86% by value.
This afternoon's result brings the overall total for Sotheby's October Sales Series of 20th Century Italian Art and Contemporary Art to the exceptional sum of £40.1/$64.3/45.7 million (est. £30-41 million) - nearly top estimate for the whole series and far surpassing the total established for Sotheby's equivalent sales series last October (£20 million).
Part Two of the jerry hall
Collection today realised £153,125 ($245,306/174,164) and was led by Andy Warhol's Diamond Dusted Chocolates, which more than doubled its pre-sale high estimate selling for £91,250 ($146,182/103,787) (est. £30,000-40,000). The result for Part Two of the jerry hall
Collection brings the overall total for the Property from the Collection of jerry hall
to the outstanding sum of £2,489,775 ($3,988,619/2,831,861) - significantly exceeding pre-sale expectations of £1.5 million.
The Museum Art Center Buenos Aires (MACBA) was among the buyers in todays sale and they acquired four lots, including: Carlo Cruz-Diez's Physichromie No 321-B, which sold for £193,250 ($309,568/219,802) (lot 164: est. £70,000-100,000) and Torsion Mobilo Statique B.702 by Walter Leblanc's, which brought £82,850 ($132,726/94,233) (lot 152: est. £20,000-30,000).