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Prints Go over Estimate in New York

NEW YORK CITY
: -Christie's conducted a recent sale of prints and multiples totaling nearly $5 million with 90 percent sold by dollar. The sale added one more result to a year that had already been flamboyant on the print front.

The $6.2 million achieved by the memorable sale "Picasso: Themes and Variations" organized in April, and the results of three other prints sales held in spring and fall, bring the 2003 total of the print department to $17,348,317.

The recent sale offered 379 lots, of which 323 sold for $4,843,287. Prices quoted include the buyer's premium.

Immediately after the sale, Kelly Troester, head of the print department stated, "A packed salesroom and active phone bidders contributed to a great result today."

Target Jasper Johns 119500
"Target," Jasper Johns, $119,500.
The top lot of the sale was the Marc Chagall folio of lithographs entitled "Cirque," comprising 23 unsigned lithos in colors and 15 unsigned lithos in black. Chagall completed the set in 1967. The set had been estimated at $120/160,000, but an American private buyer took the lot for $214,700.

Max Beckmann's "Group Portrait, Eden Bar," was a woodcut executed in 1923. It sold to an American dealer for $141,900 ($150/250,000). A private collector purchased "Target," a 1974 screen print in colors by Jasper Johns, for $119,500 ($100/150,000).

An Andy Warhol screen print in colors of Marilyn Monroe from 1967 sold far above estimate for $95,600 ($28/32,000) to an American private buyer. Barnett Newman's untitled lithograph of 1961 brought $83,650 on an estimate of $40/50,000.

Marilyn Monroe Andy Warhol 95600
"Marilyn Monroe," Andy Warhol, $95,600.
Another winner at the auction was Edward Hopper's "American Landscape," a 1920 etching that had been estimated at $30/40,000. It sold for $77,675. An American dealer purchased "La Femme au Chapeau" a 1963 linocut in colors by Pablo Picasso. It sold within its $70/90,000 estimate.

David Hockney's lithograph and screen print in colors with collage of "An Image of Celia" also sold within its $70/90,000 estimate at $71,700. Marc Chagall's "Bible," a complete set of 105 etchings from 1956, brought $71,700 ($30/40,000).

A German dealer purchased David Hockney's 16 signed and numbered etchings "A Rake's Progress" of 1961 $65,000 ($40/50,000).

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for 3/22/2010
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