the auction achieved a final total of €25,033,725, with collectors coming from 20 countries, a high proportion of Asian buyers and remarkable results. 93% of lots were sold by value and 60% of lots sold above their high estimates.
Collectors showed continued enthusiasm for major artists from the French and American post-war scene. Some impressive bidding battles were witnessed for historical works by Jean Dubuffet, Pierre Soulages, Zao Wou-Ki and Yves Klein.
The top lot was Untitled by Jean-Michel Basquiat, executed in 1986, which sold for €2,667,000. The famous painting by Kazuo Shiraga, Utchen, executed in 1539, achieved €2,103,000.
Untitled, 1984-1985, a joint work by two geniuses of the 20th century, Jean-Michel Basquiat and Andy Warhol, from Sir Elton John's collection sold for €819 000.
In the past few years Sotheby’s France has set numerous records for post-war artists established in Paris, such as Dubuffet, Zao Wou-Ki, Soulages, Riopelle and Hantaï. Once more, the June Contemporary Art auction is likely to follow the same trend. Major works by Zao Wou-Ki and Soulages will be the highlights of the sale, covering almost the entire career of the two artists, from the beginning of the surrealist adventure of the former to the culmination of the outrenoir of the latter. Works by Jean-Michel Basquiat, Andy Warhol, Robert Indiana, Frank Stella, and Roy Lichtenstein, and more recent works by Robert Longo, Anselm Kiefer, Tadashi Kawamata or Shirin Neshat, will be offered for this auction.