Art News

Bouguereau Tops Christie’s Sale at $2.77 Million

NEW YORK, NY.- Christie’s New York sale of Old Masters & 19th Century Art featuring Select Works from the Salander-O’Reilly Galleries on June 9 achieved $11,749,750/£8,103,276/€9,791,458 with sell-through rates of 60% by lot, 78% by value. The top lot of the sale was William Bouguereau’s Pietà, painted in 1876, which sold for $2,770,500/£1,910,690/€2,308,750 – the second highest price at auction for this artist. This exceptional painting was purchased by a new collector to the field and directly underbid by a collector of Old Master paintings. Nicholas Hall, International Co-Head, and Ben Hall, Head of Department, for Old Masters & 19th Century Art commented: “The market for Old Masters and 19th Century Art continued to rebound this week at Christie’s, with our mid-season sale achieving an $11.7 million result that is nearly double that of last June’s sale. A spirited round of bidding