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HomeNewsChristie's London 20th Century Art Evening Auction in 2021: Banksy Concluded with £16.75 million

Christie's London 20th Century Art Evening Auction in 2021: Banksy Concluded with £16.75 million

24 Mar 2021, 00:11

On March 23, 2021, as Christie's Hong Kong, “Fearless: Baskia's Warrior” concluded, “Christie's London Art Evening Auction of 20th Century”started officially. Banksy’s Game Changer was estimated with £2.5-3.5 million. After 88 bids, it ended up with £14.4 million and £16.75 million, which greatly set a new personal record for the artist.

Auction Site

Two portraits of Picasso, a master of art, are presented at the auction with brilliant results. The focus of the auction includes the works of Jean Dubuffet, Francis Bacon and Lucio Fontana, as well as the masterpieces of Le Mois Des Vendanges by René Magritte.

Top 1:

Banksy’s Game Changer is estimated at £2.5-3.5 million pounds. After 88 bids, it was finally sold for £14.4 million and £16.75 million, which greatly broke the artist's personal record. Compared with Sotheby's London's £9.87 million Decentralized Parliament in 2019, the price nearly doubled.

Top 2:

The Lying Naked Woman with a Necklace (Marie-Thérèse) is estimated at £ 9-15 million, with a result of £12.5 million. This work was painted by Picasso in 1932 at his villa Boseru castle in the northwest of Paris.

The Moment of Final Falling Hammer

In the summer of 1932, Picasso fell in love with a 22-year-old woman, (Marie-Thérèse Walter ,1909-1977), instead of Olga, a Russian ballet dancer and his wife, who was increasingly grumpy at that time. According to biographer John Richardson, Picasso "played the God of war, while Marie-Thérèse played Venus" here, and finally reached "the most pioneering period since Cubism".

Top 3 :

The Woman in the Armchair (Jacqueline) was estimated at £6-9 million and was concluded with a bidding of £8.2 million. This work was painted in 1962, when Picasso and his second wife Jacqueline (1927-1986) had just been married for several months. Her distinctive features were a pair of apricot eyes and dark hair. Keith Gill described it as "a more three-dimensional portrait, but as lustful and passionate as the one of Marie-Thérèse."

The Black Horse was Sold with a Large Margin

In addition to the halo of the Top Three, Amoko Boafu, Wang Junjie, Jean Fortrell, Daniel Richter, Neo Rauch and other artists have made a lot of over-high-estimate deals. Amoko and Boafo's Self Portrait was estimated at £ 60,000-80,000 and ended up with £440,000; Wang Junjie's Untitled was estimated at £500,000-700,000 and ended up with £2.25 million after 30 bids.

Other Highlights:For more details, please click the "View Auction" below

ArtPro will continue to pay attention to the Spring Auction in 2021. Please look forward to more auction trends.

20th Century Evening Sale
Christie's London
23 Mar 2021, 13:00
8 King Street, St. James's London
Source: ArtPro