Last week’s Christie’s New York evening contemporary and postwar art sale totaled a reported $658.5 million. The sale included three works that sold for over $50 million and eight works that sold for over $20 million. The sale that had everyone talking was the $179 million Picasso, the most expensive work ever sold at auction.
The purchaser of Femmes d’Alger is former Qatari Prime Minister Hamad bin Jassim bin Jaber Al Thani. Sources claim that the painting will be not featured in the buyer’s home in Qatar because of nudity. Earlier this year Al Thani also bought a Paul Gaugin painting which sold for $300 million making it the highest recorder price paid for a work of art.
Andy Warhol was the highest selling artist in 2014. Collectors bought 1,295 works totaling $653.2 million in sales, which was ahead of Picasso, who fetched $448.7 million. Francis Bacon, Gerhard Richter and Mark Rothko made up the rest of the top 5 artists. Although there are no women listed in the top 10 selling artists in 2014, there were two female auction records set back to back. The first was Joan Mitchell selling Untitled (1960-1965) for $11.9 million and Georgia O’Keffe selling Jimson Weed/White Flower No. 1 (1932) for $44.4 million.