PARIS, Oct. 22, 2018 /PRNewswire/ -- Sotheby's (NYSE:
BID) annual sales of Modern and Contemporary Art held alongside the
prestigious FIAC art fair in Paris concluded at the end of last week with a
total of $37,808,112, representing a
52.6% increase over the same series of sales in October 2017, and with an 85% sell through
rate. More than 900 bidders from over 40 countries competed
for 264 lots sold in five auctions over three days, including the
Renand-Chapet and Oscar Mairlot Collections, sales of Impressionist
& Modern Art, the second edition of the Modernités auction, and
works curated by noted gallerist, Natalie
Seroussi.
Aurélie Vandevoorde, Head of the Impressionist & Modern
Art Department, Sotheby's France: "Once again, unseen works with
prestigious provenance were celebrated by the market. This is
evidenced by the remarkable results of our various auctions over
the past three days, and in particular by the exceptional
performance of the collections sold throughout the week. These
works, most of which had never appeared on the market, sparked
great enthusiasm from collectors around the world and set several
world records."
The highest price for the week was achieved by an outstanding
cast of Auguste Rodin's iconic
Penseur, Petit modèle, which sold for $2,775,505 in the Modernités auction. The
original Penseur, created in 1880, was part of a commission
for a gateway inspired by Dante's Divine Comedy for the
Musée des Arts Décoratifs de Paris. The first smaller models were made from
1903 onwards, such as the present work that was cast before 1920.
It remained in the same family for close to a century and had
never before appeared at auction.
About Sotheby's
Sotheby's has been uniting collectors
with world-class works of art since 1744. Sotheby's became the
first international auction house when it expanded from
London to New York (1955), the first to conduct sales in
Hong Kong (1973), India (1992) and France (2001), and the first international
fine art auction house in China
(2012). Today, Sotheby's presents auctions in 11 different
salesrooms, including New York,
London, Hong Kong and Paris, and Sotheby's BidNow program allows
visitors to view all auctions live online and place bids from
anywhere in the world. Sotheby's offers collectors the resources of
Sotheby's Financial Services, the world's only full-service
art financing company, as well as the collection, artist, estate
& foundation advisory services of its subsidiary, Art
Agency, Partners. Sotheby's presents private sale opportunities
in more than 70 categories, including S|2, the gallery arm of
Sotheby's Global Fine Art Division, and three retail businesses:
Sotheby's Wine, Sotheby's Diamonds, and Viyet, the online
marketplace for interior design. Sotheby's has a global network of
80 offices in 40 countries and is the oldest company listed on the
New York Stock Exchange (BID).
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| Sophie Dufresne |
sophie.dufresne@sothebys.com
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SOURCE Sotheby's