Post-War & Contemporary Art Day Sale Achieves $97 Million

Marquee Week running total: $1.36 BILLION.

Christie’s continued its Spring 2022 Marquee Week with the Post-War and Contemporary Art Day Sale featuring The Collection of Thomas and Doris Ammann on Friday, May 13 at Rockefeller Plaza in New York. The sale totaled $97 million, bringing the week’s running total to $1.36 billion. The sale consisted of an incredible selection of works spanning the 20th and 21st centuries, and raised a total of $11.3 million for philanthropic initiatives, including an additional $7.3 million for The Thomas and Doris Ammann Foundation, bringing the week’s cumulative total raised for the Foundation to $325.1million.

The sale was 96% sold by value and 93% sold by lot, selling 151% hammer above low estimate with 17 works selling above $1 million. Bidders and buyers were drawn globally, coming from 41 different countries.

The sale was led by two outstanding works by icons painted in the 1960s—Andy Warhol’s Marilyn Monroe (Marilyn) (estimate: $1,500,000-2,500,000), and Wayne Thiebaud’s Three Ice Cream Cones (estimate: $2,500,000-3,500,000), from the Family of Nina Van Rensselaer. Both works achieved $4,980,000.

Strong performances came from a range of diverse artists, from established icons of the post-war era to contemporary market stars. Highlights included Helen Frankenthaler’s Crete which sold for $1,620,000 and Frank Stella’s Hagmatana I from the Estate of Sondra Gilman which achieved $2,220,000, over triple its low estimate. Weeping Blur by Shara Hughes doubled its high estimate of $600,000 to sell for $1,134,000 and Ernie BarnesStorm Dance sold for $2,340,000, 15 times its high estimate of $150,000.

Christie’s was pleased to partner with a number of charitable organizations to benefit from this sale:

  • Artists for Ukraine: Property to Benefit Doctors Without Borders
  • Art for Vaccines: Property Sold to Benefit CARE’s Global COVID-19 Response
  • From the Studio to Benefit amfAR, The Foundation for AIDS Research
  • Helping Children Heal: Artwork Donated To Benefit Rxart
  • Property to Benefit CORE: Community Organized Relief Effort
  • Property to Benefit the Bronx Museum of the Arts, on the occasion of its 50th Anniversary
  • Farnsworth Art Museum with Proceeds Dedicated to the Acquisitions Fund

Artist Records

  • Rosalyn Drexler
  • Janet Cooling
  • Michael Mogavero
  • Milo Reice
  • Alessandro Twombly
  • Rainer Fetting
  • Tim Rollins & K.O.S.
  • Tim of Finland
  • Lois Lane
  • Deborah Kass
  • Klaudia Schifferle
  • Lynne Drexler
  • Godwin Champs Namuyimba
  • Louis Fratino
  • En Iwamura
  • Andy Warhol Marilyn print set

Sale Highlights

Post-War & Contemporary Art Day Sale Achieves $97 Million

SHARA HUGHES (B. 1981)
Weeping Blur
oil and dye on canvas
57⅞ x 50 in. (147 x 127 cm.)
Executed in 2018.
PRICE REALIZED: $1,134,000

Post-War & Contemporary Art Day Sale Achieves $97 Million

Sold by the Farnsworth Art Museum with Proceeds Dedicated to the Acquisitions Fund
LYNNE DREXLER (1928-1999)
Herbert’s Garden
oil on canvas
63 5⁄8 x 83 1⁄2 in.
Painted in 1960.
PRICE REALIZED: $1,500,000

Post-War & Contemporary Art Day Sale Achieves $97 Million

Property from the Family of Nina Van Rensselaer
WAYNE THIEBAUD (1920 – 2021)
Yo-Yo’s
oil on canvas
11 x 12 in. (27.9 x 30.5 cm.)
Painted in 1962.
PRICE REALIZED: $3,180,000

Post-War & Contemporary Art Day Sale Achieves $97 Million

Property from the Estate of Sondra Gilman
FRANK STELLA (B. 1936)
Hagmatana I
acrylic and graphite on shaped canvas
120 x 180 in. (304.8 x 457.2 cm.)
Painted in 1967.
PRICE REALIZED: $2,220,000

Christies

editor

Christie’s, the world's leading art business, had auction sales in the first half of 2019 that totalled £2.2 billion / $2.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectables, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.

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