Christie’s Major Two-Week Spring Sales Series Yields $557 Million and New World Records

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NEW YORK, NY.- Christie’s reports its two-week sales series devoted to important Impressionist, Modern, Post-War and Contemporary Art totaled $556,944,875 (£338,398,139/€384,154,653) and yielded average sell-through rates of 87% by lot and 90% by value. These stellar results underscore Christie’s position as market leader for the major spring sales series in the Americas. The next round of auctions in these categories will take place next month in London, featuring important private collections from the estate of Swiss collector and dealer Ernst Beyeler and from the pioneering curator and collector Kay Saatchi. Of the most recent sales series in New York, Marc Porter, Chairman and President of Christie’s Americas, noted, “These sales were marked by strong, sensible bidding on the part of collectors, with moments of rational exuberance. Collectors and dealers alike were committed to acquiring the very best examples