SOTHEBY'S Press Release New York For Immediate Release
New York | +1 212 606 7176 | Lauren Gioia | Lauren.Gioia@Sothebys.com| Dan Abernethy | Dan.Abernethy@Sothebys.com|
SOTHEBY'S SEPTEMBER
CONTEMPORARY CURATED SALE TOTALS $28.3 MILLION -OVER
HIGH ESTIMATE
Highest Ever Total For A Mid-Season
Contemporary Sale
The Joni Gordon Collection Brings $12.5m
(est. $4.5/6.3m), 96% Sold
New Record For Vija Celmins
24 September 2014 - Today at Sotheby's the sale Contemporary Curated Featuring WorksFrom The Collection Of Joni Gordon Of Newspace Gallery brought a total of $28,267,065, soaring over the pre-sale estimate of $15.8/22.7 million with 80% of lots sold. There was significant participation from Asia and Latin America as well as from the US and over 10% of bids were made online. The sale was led by the most important group of works by Vija Celmins to ever appear at auction, these included the seminal painting Burning Plane from
1965 which soared over the high estimate of $1.2 million to sell for $3,413,000. Other
memorable results from the Joni Gordon collection included the early John Baldessari work
18th and Highland, National City which sold for $509,000 (est. $180/250,000) as well as a series of pieces by John McLaughlin. Elsewhere in the sale Philip Guston's Magician's Table fetched $653,000 (est. $250/350,000) and an Untitled Keith Haring from 1988 sold for $2,741,000 - one of the highest prices achieved for the artist at auction.
Alexander Rotter, Co-Head of Sotheby's Worldwide Contemporary Art Department, commented: "Today's result shows that the global collecting community will go to great lengths to secure museum-quality works from artists or periods that rarely appear at auction. This hunger was seen with the extraordinary result of the Joni Gordon Collection. The Los Angeles gallerist used her brilliant vision and personal friendships with artists to build a formidable personal collection, works from which continually exceeded expectations."
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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) and France (2001), and the first international fine art auction house in China (2012). Today, Sotheby's presents auctions in eight 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 in real-time 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 private sale opportunities in more than 70 categories, including S|2, the gallery arm of Sotheby's Contemporary Art department, as well as Sotheby's Diamonds and Sotheby's Wine. Sotheby's has a global network of 90 offices in 40 countries and is the oldest company listed on the New York Stock Exchange (BID).
*Estimates do not include buyer's premium and prices achieved include the hammer price plus buyer's premium.
Images are available upon request
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