Christie’s Achieves $94.6 Million in New York Contemporary Sales Despite Cyberattack and Star Lot’s Withdrawal.
Christie’s recent evening sales in New York displayed both resilience and optimism, despite facing challenges. The auction featured works from the collection of Rosa de la Cruz, with a total of $94.6m in sales. Bidding was strong, with a 90% sell-through rate.
The highlight of the auction was the De la Cruz collection, which achieved a hammer total of $28.1m. Notable sales included record-breaking prices for artists such as Ana Mendieta and Félix González-Torres. The auction also featured impressive works by artists like Peter Doig and Shara Hughes.
However, the 21st-century sale faced setbacks, including the withdrawal of Brice Marden’s “Event.” Despite this, the auction still saw success with works by artists like Jean-Michel Basquiat and Julie Mehretu. Online bidding played a significant role in the sale, with some lots going to internet bidders.
Overall, Christie’s CEO Guillaume Cerutti praised the successful sale under challenging circumstances, referring to a recent cyberattack that affected the auction house. Despite the incident, Christie’s remains focused on delivering quality auctions and regaining the confidence of its clients.
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Cillian O’Rourke, studied at the National College of Art and Design in Dublin, Ireland, where he majored in Visual Communication. His work spans graphic design, illustration, and branding, with a distinct minimalist style that emphasizes simplicity and impact. Cillian has collaborated with international brands and runs his own design studio focusing on creative solutions for startups.