Christie's Post-War & Contemporary Art Auctions Set New Records

CHRISTIE’S LONDON JUNE AUCTIONS OF POST-WAR & CONTEMPORARY ART REALISE £148.2 MILLION / $231.4 MILLION / €185.1 MILLION Highest Total Achieved for a Series of Post-War & Contemporary Art Auctions in Europe Strong Day Sale results illustrate demand at every level of market

London - Christie's June auctions of Post-War & Contemporary Art in London realised £148,283,125 ($231,469,957 / €185,159,232) - the highest total for a series of Post-War & Contemporary Art Auctions in Europe. The top price of the week was paid for Yves Klein’s Le Rose du bleu (RE 22), pictured right, which sold for £23,561,250 ($36,779,111 / €29,428,001) – a world record price for a French post-war artist at auction. In total, four works sold for over £10 million (five lots for over $10 million), six for over £5 million (nine lots for over $5 million), 21 lots sold for over £1 million (30 lots for over $1 million).  Francis Outred, Christie's Head of Post-War & Contemporary Art, Europe: “We are now operating in a truly global art market where the demand for masterpieces defines the collector’s passion. Bidders and buyers from most continents are seeking to build collections of the highest quality and our outstanding results this week show that Europe is reinforcing its role as a global market centre for the greatest post-war and contemporary art.”   For more information on this or Telluride area real estate, please contact us at 970.728.3111, info@telluriderealestatecorp.com or http://www.telluriderealestatecorp.com/.