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A Record-Setting Franz Marc Tops Christie’s $334 Million in Sales From a Three-Part Auction

Click here to read the full article. Launching the spring auction season with a three-part auction that took place in London and Shanghai, Christie’s sold $334 million in works from the 20th and 21st centuries on Tuesday. Between the three sales, 94 out of a total 105 lots that were offered sold. Two works—one by Stanley Whitney, the other by Gabriele Münter—came with in-house guarantees, while another 20 were secured with third-party backing. The entire grouping after several lots were withdrawn was expected to fetch an estimated hammer price of £202 million–£290 million ($269 million–$386 million). (The sale’s final sum of $334 million...
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Record-Setting Franz Marc Tops Christie’s $334 M. Sale in Shanghai and London

Click here to read the full article. Launching the spring auction season with a three-part auction that took place in London and Shanghai, Christie’s sold $334 million in works from the 20th and 21st centuries on Tuesday. Between the three sales, 94 out of a total 105 lots that were offered sold. Two works—one by Stanley Whitney, the other by Gabriele Münter—came with in-house guarantees, while another 20 were secured with third-party backing. The entire grouping after several lots were withdrawn was expected to fetch an estimated hammer price of £202 million–£290 million ($269 million–$386 million). (The sale’s final sum of...
Picture for Record-Setting Franz Marc Tops Christie’s $334 M. Sale in Shanghai and London