London June 2022 Auctions: Christie's and Sotheby's Results
In June 2022, the auctions held in London by Christie's and Sotheby's shifted their emphasis towards investment, with maximum estimates capped at £2 million. Christie's "20/21 London to Paris" event achieved a total of £203 million, highlighted by Jeff Koons' "Balloon Monkey (Magenta)," which was sold for £8.6 million to Jens Faurschou, with the proceeds benefiting Ukraine. Yves Klein's "Anthropométrie de l'époque bleue" garnered £23.5 million, while Barbara Hepworth's sculpture reached a record £4.8 million. In Paris, a painting by Pierre Soulages sold for €1.7 million. Sotheby's included Francis Bacon's "Study for Portrait of Lucian Freud," which fetched £37.5 million, contributing to total sales of £149.2 million from participants across 40 countries.
Key facts
- Christie's London-Paris sale totaled £203 million.
- Jeff Koons' 'Balloon Monkey (Magenta)' sold for £8.6 million to Jens Faurschou, supporting Ukraine aid.
- Yves Klein's 'Anthropométrie de l'époque bleue (ANT 124)' sold for £23.5 million.
- Barbara Hepworth set a new auction record at £4.8 million.
- Three Monets and a Chagall bought by single anonymous bidder for £60 million.
- Magritte's 'Souvenir de voyage' sold for £13.8 million, above £7 million estimate.
- Sotheby's Francis Bacon 'Study for Portrait of Lucian Freud' sold for £37.5 million.
- Sotheby's total sales were £149.2 million.
Entities
Artists
- Jeff Koons
- Yves Klein
- Alberto Burri
- Barbara Hepworth
- Claude Monet
- René Magritte
- Marc Chagall
- Ernie Barnes
- Francis Bacon
- Sigmar Polke
- Cecily Brown
- Edgar Degas
- Paul Delvaux
- Henry Moore
- Pierre Soulages
- Nicolas de Stael
- Jean Hélion
- Serge Poliakoff
- Arnaldo Pomodoro
- Fausto Melotti
- Francesco Lo Savio
- John Constable
- Magdalene Odundo
- Flora Yukhnovich
- Pauline Boty
- Frank Auerbach
- David Hockney
- Banksy
- Chris Levine
- Michel Majerus
- Simone Leigh
- Anna Weyant
- Gerhard Richter
- Alberto Giacometti
- Lucio Fontana
- Andy Warhol
- Ernst Ludwig Kirchner
- August Strindberg
- Pierre-Auguste Renoir
- Edward Burra
- Hurvin Anderson
- James Tissot
- Damien Hirst
- David Bowie
- Queen Elizabeth II
Institutions
- Christie's
- Sotheby's
- Pinchuk family
- Jens Faurschou Foundation
- Artribune
Locations
- London
- Paris
- United Kingdom
- France
- Ukraine
- Bond Street
- St James's Square