Christie's Stephen Ongpin Sale Totals £2.51m with 92% Sell-Through Rate

So, Christie's London held an auction called Lines of Vision for Stephen Ongpin Fine Art, marking its twentieth year. The auction raised £2.51 million, about $3.32 million, and had a remarkable 92% of items sold, with 41% exceeding their high estimates. A standout piece was Picasso's 1970 artwork, Le Peintre et son modèle, which sold for £508,000, more than triple its low estimate. Another highlight was a Turner watercolor that went for £482,600, surpassing its £400,000-£600,000 estimate. The auction featured nearly 100 lots from five centuries, including works by notable artists like Tiepolo and Matisse. Stephen Ongpin, who opened his own gallery in London in 2006, shared insights on the personal nature of drawings.