{"id":40186,"date":"2020-07-27T09:00:27","date_gmt":"2020-07-27T13:00:27","guid":{"rendered":"https:\/\/rehs.com\/eng\/?p=40186"},"modified":"2024-02-26T00:49:24","modified_gmt":"2024-02-26T05:49:24","slug":"sothebys-contemporary-evening-online-pt-2","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/","title":{"rendered":"Sotheby\u2019s Contemporary Evening – Online pt 2"},"content":{"rendered":"
\"Francis<\/a>

Francis Bacon – Triptych Inspired by the Oresteia of Aeschylus<\/p><\/div>\n

Immediately following the Ginny Williams collection, Sotheby\u2019s offered up 30 lots of Contemporary work, though it was a far cry from the usual slate of works featured in an evening sale\u2026 the high end of the sale estimate was $239M – just for a frame of reference, last year Sotheby\u2019s Contemporary Evening sale totaled $341M and Christie\u2019s totaled more than half a billion.<\/p>\n

\"Roy<\/a>

Roy Lichtenstein – White Brushstroke 1<\/p><\/div>\n

The top lot of the session was none other than Francis Bacon, who has become a staple in evening sales\u2026 no other lot came close. Expected to sell for $60-80M, the sizable triptych which has been privately held for more than 30 years, found a buyer at $74M ($84.5M w\/p). A work by Clyfford Still titled PH-144(1947-Y-NO.1)<\/em> took second at the low end of its range\u2026 $25M on a $25-35M estimate ($28.7M w\/p). Rounding out the top three was Roy Lichtenstein\u2019s White Brushstroke 1<\/em>, which was guaranteed going into the sale\u2026 it found a buyer at $23.5M ($25.4M w\/p) on a $20-30M estimate. Surprisingly, this work last sold at Christie\u2019s in 1993 and went below estimate (even with the premium). At that time, the estimate was only $750-950K! This time around, the seller was certainly happy with the results given they acquired the work for just $728K – a roughly 3,100% return.<\/p>\n

\"Clyfford<\/a>

Clyfford Still – PH-144 (1947-Y-NO.1)<\/p><\/div>\n

Only one lot provided a truly surprising result\u2026 the first lot up \u2013 Matthew Wong\u2019s The Realm of Appearances<\/em> saw some spirited bidding as it climbed to $1.5M ($1.8M w\/p) though it was estimated at just $60-80K\u2026 if anyone can explain that, I\u2019m all ears.<\/p>\n

There were five work that sold below estimate, along with one failure\u2026 the most significant were works by Diebenkorn ($7.7M on $9-12M est.) and Henry Moore ($2.95M on $4-6M est.), as well as the Basquiat which sputtered out at $1.3M on a $1.5-2M estimate, leaving it unsold.<\/p>\n

Half of the lots (15 of 30) were sold within their estimate range, along with another 9 that topped their estimate, so 80% saw good results\u2026 and with just one unsold, that works out to 97% sold \u2013 a solid showing given the circumstances. The 29 sold lots totaled $203M ($234.9M w\/p) and they were expecting between $171-239; not too far off the high end, but well off last year\u2019s levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

Immediately following the Ginny Williams collection, Sotheby\u2019s offered up 30 lots of Contemporary work, though it was a far cry from the usual slate of works featured in an evening sale\u2026 the high end of the sale estimate was $239M … More…<\/a><\/p>\n","protected":false},"author":5,"featured_media":40189,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[207,20,429],"class_list":["post-40186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rehs-contemporary","tag-auction-news","tag-auction-results","tag-contemporary-art"],"yoast_head":"\nSotheby\u2019s Contemporary Evening - Online pt 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sotheby\u2019s Contemporary Evening - Online pt 2\" \/>\n<meta property=\"og:description\" content=\"Immediately following the Ginny Williams collection, Sotheby\u2019s offered up 30 lots of Contemporary work, though it was a far cry from the usual slate of works featured in an evening sale\u2026 the high end of the sale estimate was $239M … More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-27T13:00:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-26T05:49:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"827\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lance Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lance Rehs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/\"},\"author\":{\"name\":\"Lance Rehs\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/1af73bcc60ffc65ae3789309242c7168\"},\"headline\":\"Sotheby\u2019s Contemporary Evening – Online pt 2\",\"datePublished\":\"2020-07-27T13:00:27+00:00\",\"dateModified\":\"2024-02-26T05:49:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/\"},\"wordCount\":435,\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Bacon.jpg\",\"keywords\":[\"Auction News\",\"Auction Results\",\"Contemporary art\"],\"articleSection\":[\"Rehs Contemporary\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/\",\"name\":\"Sotheby\u2019s Contemporary Evening - Online pt 2\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Bacon.jpg\",\"datePublished\":\"2020-07-27T13:00:27+00:00\",\"dateModified\":\"2024-02-26T05:49:24+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Bacon.jpg\",\"contentUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2020\\\/07\\\/Bacon.jpg\",\"width\":2000,\"height\":827,\"caption\":\"Francis Bacon - Triptych Inspired by the Oresteia of Aeschylus\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2020\\\/07\\\/sothebys-contemporary-evening-online-pt-2\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Sotheby\u2019s Contemporary Evening – Online pt 2\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\",\"name\":\"Rehs Galleries\",\"description\":\"Offering and acquiring high quality paintings in excellent condition. Family owned and operated for more than 80 years!\",\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/rehs.com\\\/eng\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\",\"name\":\"Rehs Galleries\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2015\\\/02\\\/indexlogo.jpg\",\"contentUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2015\\\/02\\\/indexlogo.jpg\",\"width\":153,\"height\":85,\"caption\":\"Rehs Galleries\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/RehsGalleriesInc\",\"https:\\\/\\\/x.com\\\/rehsgalleries\",\"https:\\\/\\\/www.instagram.com\\\/rehsgalleries\\\/?hl=en\",\"https:\\\/\\\/www.facebook.com\\\/rehscontemporary\\\/\",\"https:\\\/\\\/twitter.com\\\/rehscgi\",\"https:\\\/\\\/www.instagram.com\\\/rehscontemporary\\\/?hl=en\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/1af73bcc60ffc65ae3789309242c7168\",\"name\":\"Lance Rehs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g\",\"caption\":\"Lance Rehs\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Sotheby\u2019s Contemporary Evening - Online pt 2","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/","og_locale":"en_US","og_type":"article","og_title":"Sotheby\u2019s Contemporary Evening - Online pt 2","og_description":"Immediately following the Ginny Williams collection, Sotheby\u2019s offered up 30 lots of Contemporary work, though it was a far cry from the usual slate of works featured in an evening sale\u2026 the high end of the sale estimate was $239M … More...","og_url":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/","og_site_name":"Rehs Galleries","article_publisher":"https:\/\/www.facebook.com\/RehsGalleriesInc","article_published_time":"2020-07-27T13:00:27+00:00","article_modified_time":"2024-02-26T05:49:24+00:00","og_image":[{"width":2000,"height":827,"url":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg","type":"image\/jpeg"}],"author":"Lance Rehs","twitter_misc":{"Written by":"Lance Rehs","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#article","isPartOf":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/"},"author":{"name":"Lance Rehs","@id":"https:\/\/rehs.com\/eng\/#\/schema\/person\/1af73bcc60ffc65ae3789309242c7168"},"headline":"Sotheby\u2019s Contemporary Evening – Online pt 2","datePublished":"2020-07-27T13:00:27+00:00","dateModified":"2024-02-26T05:49:24+00:00","mainEntityOfPage":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/"},"wordCount":435,"publisher":{"@id":"https:\/\/rehs.com\/eng\/#organization"},"image":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#primaryimage"},"thumbnailUrl":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg","keywords":["Auction News","Auction Results","Contemporary art"],"articleSection":["Rehs Contemporary"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/","url":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/","name":"Sotheby\u2019s Contemporary Evening - Online pt 2","isPartOf":{"@id":"https:\/\/rehs.com\/eng\/#website"},"primaryImageOfPage":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#primaryimage"},"image":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#primaryimage"},"thumbnailUrl":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg","datePublished":"2020-07-27T13:00:27+00:00","dateModified":"2024-02-26T05:49:24+00:00","breadcrumb":{"@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#primaryimage","url":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg","contentUrl":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2020\/07\/Bacon.jpg","width":2000,"height":827,"caption":"Francis Bacon - Triptych Inspired by the Oresteia of Aeschylus"},{"@type":"BreadcrumbList","@id":"https:\/\/rehs.com\/eng\/2020\/07\/sothebys-contemporary-evening-online-pt-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/rehs.com\/eng\/"},{"@type":"ListItem","position":2,"name":"Sotheby\u2019s Contemporary Evening – Online pt 2"}]},{"@type":"WebSite","@id":"https:\/\/rehs.com\/eng\/#website","url":"https:\/\/rehs.com\/eng\/","name":"Rehs Galleries","description":"Offering and acquiring high quality paintings in excellent condition. Family owned and operated for more than 80 years!","publisher":{"@id":"https:\/\/rehs.com\/eng\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/rehs.com\/eng\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/rehs.com\/eng\/#organization","name":"Rehs Galleries","url":"https:\/\/rehs.com\/eng\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/rehs.com\/eng\/#\/schema\/logo\/image\/","url":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/02\/indexlogo.jpg","contentUrl":"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2015\/02\/indexlogo.jpg","width":153,"height":85,"caption":"Rehs Galleries"},"image":{"@id":"https:\/\/rehs.com\/eng\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/RehsGalleriesInc","https:\/\/x.com\/rehsgalleries","https:\/\/www.instagram.com\/rehsgalleries\/?hl=en","https:\/\/www.facebook.com\/rehscontemporary\/","https:\/\/twitter.com\/rehscgi","https:\/\/www.instagram.com\/rehscontemporary\/?hl=en"]},{"@type":"Person","@id":"https:\/\/rehs.com\/eng\/#\/schema\/person\/1af73bcc60ffc65ae3789309242c7168","name":"Lance Rehs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/11eb0099eeb151dca92214ac40a59a3499eb81271a954494e95d23c2826a54bc?s=96&d=mm&r=g","caption":"Lance Rehs"}}]}},"_links":{"self":[{"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/posts\/40186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/comments?post=40186"}],"version-history":[{"count":1,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/posts\/40186\/revisions"}],"predecessor-version":[{"id":51090,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/posts\/40186\/revisions\/51090"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/media\/40189"}],"wp:attachment":[{"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/media?parent=40186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/categories?post=40186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rehs.com\/eng\/wp-json\/wp\/v2\/tags?post=40186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}