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Last week at the Grand Palais in Paris, under the auspices of Christie’s, Yves Saint Laurent and his longtime partner, Pierre Bergé sold their luxury goods of unique art and furniture. For a three days sale a remarkable 95.5% of lots sold by lot, and 93% sold by value. This historic sale set a world record for the most valuable private collection sold at auction, was the highest grossing sale in Europe on record, and set multiple world records for Impressionist and Modern Art, 20th Century Decorative Arts, Silver, Sculpture and Works of Art.
Buyer activity at the auction was 70% Europe and 30% Americas, and seven world records were set for artists at auction, including Matisse, Brancusi, Mondrian, De Chirico, Duchamp, Klee and Ensor. The ready-made masterpiece “La Belle Haleine – Eau de Voilette” by Marcel Duchamp, with the assistance by Man Ray in 1921, witnessed fierce bidding in the room and realized € 8.9 million / £7.9 million / $11.5 million, nearly 9 times its estimate of €1,000,000 – 1,500,000, a world auction record for the artist. Via: iheartartblog |
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