Christie’s | New records for Balthus and…

Balthus’ Thérèse sur une banquette (1939)
On May 13 in New York, the Impressionist and Modern evening sale at Christie’s scooped an impressive total of $399m (fees included). The 63 lots on offer had a total estimated value of between $287.6m and $399.8m (fees not included).


The pieces on sale largely came from the collections of S.I. Newhouse, Drue Heinz, Dorothy and Richard Sherwood and H.S.H. Princess “Titi” von Fürstenberg.


The Low-Down:


— From the S.I. Newhouse collection – who acquired the piece in 1999 for $26.5m – Paul Cézanne’s painting Bouilloire et fruits (1888-90) scooped $59.3m, making it the biggest sale of the evening.


— Nine lots didn’t find a buyer.



Pierre Bonnard, Terrasse ou une terrasse à Grasse (1912)



— Forty-five lots sold for over a million dollars.


— Six sold for over twenty million.


— With an estimate of between $12m and $18m, Balthus’ Thérèse sur une banquette (1939) went for $19m, a new record for the artist.


— With an estimate of between $5m and $8m, Pierre Bonnard’s La Terrasse or Une Terrasse à Grasse (1912) sold for $19.6m, setting a new record for him, too.


More information available here.