another edition<\/a> of that work sold for $24.4 million at Christie\u2019s Paul Allen sale in 2022.)<\/p>\n\n\tHe also came away the victor on the most intense auction battle of the evening, for Marc Chagall\u2019s Le songe du Roi David (1966), from the collection of the Kawamura Memorial DIC Museum of Art. After sparring with Rotter, senior London-based specialist Michelle McMullan, and Cyanne Chutkow, deputy chairman of Impressionist and modern art, DeLuca won the work for $26.5 million with fees on a $12 million high estimate.\u00a0<\/p>\n
\n\t\u201cThere was a lot of money waiting on the sidelines [before tonight]. More a lack of confidence than a lack of capital. Tonight I felt confidence has returned to art,\u201d DeLuca told ARTnews after the sale. DeLuca confirmed that the Ernst and the Chagall were purchased for clients. Of the Matisse, he said, \u201cCan\u2019t win them all!\u201d<\/p>\n
\n\tRotter, for his part, seemed invigorated by Monday\u2019s activity. \u201cThis felt like what an auction should feel like,\u201d he told ARTnews after the sale. \u201cI feel the tide rising. The collections added a lot of depth. Some of the prices really came down and that resulted in engagement from collectors.\u201d<\/p>\n
\t\t\t\t\t\t![\"\"](\"https:\/\/www.artnews.com\/wp-content\/themes\/vip\/pmc-artnews-2019\/assets\/public\/lazyload-fallback.gif\")
<\/p>\n
\t\t\t\t\tLot 25A, Marc Chagall\u2019s Le songe du Roi David (1966). It sold for $26.5 million with fees<\/p>\n
\n\tWhile the bidding activity was no doubt encouraging, and made for a lively sale, 38 lots hammered squarely in their pre-sale range, often seeing spirited bidding right up until the low estimate threshold was reached. After that, the bidding petered out.\u00a0<\/p>\n
\n\tThe final lot of the Weis sale, Mark Rothko\u2019s striking No. 31 (Yellow Stripe), from 1958, was a typical example. After bathing the audience in a red-orange light mimicking the painting, Meyer started the bidding at $34 million. Rotter, vice-chairman Katharine Arnold, and a Connecticut-based online bidder quickly pushed the bidding to the work\u2019s $50 million estimate. Rotter\u2019s buyer dropped out, and Meyer coaxed along the online bidder for a few more bids before Arnold sealed the deal at a hammer price of $53.5 million. While that was good for $62.2 million with fees, making the work the top one of the evening, the frenzy just moments earlier seemed to portend a more explosive result.<\/p>\n
\n\tThere were also more than a handful of works hammering below estimate\u201421 in total, not including the works that failed to sell. Many of those works were by some of the most esteemed artists on offer, including Monet\u2019s Falaise des Petites-Dalles and Nymph\u00e9as (1881), Amedeo Modigliani\u2019s Nu assis (ca. 1908), Edgar Degas\u2019s La Coiffure (La Toilette), ca. 1892\u201395, J.M.W. Turner\u2019s Ehrenbreitstein, or The Bright Stone of Honour and the Tomb of Marceau, from Byron\u2019s \u2018Childe Harold\u2019s Pilgrimage\u2019, and Picasso\u2019s Le Baigneur and La Lecture (Marie-Th\u00e9r\u00e8se), from 1957 and 1932, respectively.\u00a0<\/p>\n
\n\tEvan Beard, president of secondary market gallery Level & Co., told ARTnews that the mixed results lie more with the estimates than the works themselves. \u201cA healthy, rational market,\u201d he said. \u201cEstimates that got pushed underperformed, and the great things flew. But it\u2019s not 2021, when everything flew.\u201d He described the environment as now being \u201cmore selective.\u201d<\/p>\n
\n\tThe sale concluded with Picasso\u2019s M\u00e8re et enfant (1965) hammering for $100,000 over its low estimate at $4.1 million after half a dozen bids. With fees, the work came to $5 million, garnering a hearty round of cheers and claps, after a two-and-a-half hour sale that sustained bidding energy throughout.<\/p>\n
\n\tBefore the sale began, Christie\u2019s chairman and former CEO Guillaume Cerutti noted to ARTnews that the first sale of the week sets the tone. If that\u2019s the case, consider Monday a tentative step in the right direction\u2014the crowd was there and bidders were diving into the water. But, as Beard put it, this isn\u2019t 2021 anymore.\u00a0<\/p>\n
\n\t\u201cFor the first time in a while we have the quality we didn\u2019t have for a while,\u201d Cerutti said. \u201cThere have been good vibes all week.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"On Monday night, Christie\u2019s kicked off its fall marquee auctions with back-to-back auctions in a packed house full…\n","protected":false},"author":2,"featured_media":139244,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[86359,7123,146,85,46],"class_list":{"0":"post-139243","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entertainment","8":"tag-2025-fall-auction-sales","9":"tag-christies","10":"tag-entertainment","11":"tag-il","12":"tag-israel"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/139243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=139243"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/139243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/139244"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=139243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=139243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=139243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}