Pi-eX PRE-AUCTION Analysis

CHRISTIE'S CONTEMPORARY SALE

NEW YORK, May 13th, 2015
General Analysis
Number of lots to be auctioned85
Total estimated valuation (*) $480m
Number of artists represented 44
Low Estimate (LE) Analysis
A very strong offering from Christie’s with 85 lots presented including 38 lots with low Estimates over $3 million.


These 38 works of art represent 45% of the total number of lots but 87% of the total valuation (*).


28 of these 38 lots have guarantees attached to them, highlighting the importance of guarantees in the auction market!


Andy Warhol dominates here again with 13 works of art, representing a total valuation (*) of $68 million.


Cy Twombly sees four works of art with a total valuation (*) of $56.5 million, mostly due to the "Untitled" piece estimated between $35 and $55 million.

Types of Lots Analysis
(*) based on the average between Low Estimates and High Estimates
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