London Post-Brexit Auctions: Christie's and Sotheby's February 2020 Sales Report
London's first major post-Brexit auctions saw Christie's and Sotheby's hold impressionist and contemporary art sales in February 2020. Christie's impressionist evening sale reached nearly £107 million, driven by 'The Art of the Surreal' and a record £16.3 million for Tamara de Lempicka's 'Portrait de Marjorie Ferry'. Sotheby's impressionist sale totaled £49.9 million, with Camille Pissarro's 'Gelée blanche, jeune paysanne faisant du feu' selling for £13.3 million (including premium). In contemporary art, Sotheby's dominated with £92.5 million, led by David Hockney's 'The Splash' at £23.1 million. Christie's contemporary sale reached £56.2 million, with Andy Warhol's 'Muhammad Ali' selling for £4.2 million. Notable records included George Grosz's 'Gefährliche Straße' at £9.7 million (six times previous record), Jean Metzinger's 'Le cycliste' at £3 million, and Pyke Koch's 'Florentin Garden' at £555,000. Banksy's 'Vote to Love' sold for £950,000. The market held steady with conservative choices.
Key facts
- Christie's impressionist sale totaled nearly £107 million.
- Tamara de Lempicka's 'Portrait de Marjorie Ferry' sold for £16.3 million, a record for the artist.
- Sotheby's impressionist sale reached £49.9 million.
- Pissarro's 'Gelée blanche' sold for £13.3 million, the second-highest for the artist.
- Sotheby's contemporary sale totaled £92.5 million, led by Hockney's 'The Splash' at £23.1 million.
- Christie's contemporary sale reached £56.2 million.
- George Grosz's 'Gefährliche Straße' sold for £9.7 million, six times the previous record.
- Banksy's 'Vote to Love' sold for £950,000 at Sotheby's.
Entities
Artists
- Tamara de Lempicka
- Camille Pissarro
- Paul Signac
- Franz Marc
- Jean Metzinger
- Pyke Koch
- Vincent van Gogh
- René Magritte
- Alberto Giacometti
- Pablo Picasso
- George Grosz
- Louis Anquetin
- James Ensor
- David Hockney
- Banksy
- Adrian Ghenie
- Jean-Michel Basquiat
- Georg Baselitz
- Bridget Riley
- Gerhard Richter
- Sigmar Polke
- Rudolf Stingel
- Christopher Wool
- Yves Klein
- Francis Bacon
- Lucio Fontana
- Maurizio Cattelan
- A.R. Penck
- Andy Warhol
- Tom Wesselmann
- Eddie Martinez
- On Kawara
- Glenn Ligon
- Jordan Casteel
- Günther Förg
- Albert Oehlen
- Richard L. Weisman
Institutions
- Christie's
- Sotheby's
- Musée d'Orsay
- Unicredit
Locations
- London
- United Kingdom