Introduction:OVERVIEWImpressionist and Modern Art Day Sale is being organized by Christie’s London on Feb 28, 2018.Last year’s (2017) at Christie’s London, garnered sales of GBP 16.6 Million of 105 Lots. This year, the auction is expected to realize a sale between GBP 16.8 Million to GBP 25.3 Million and there 226 works of 112 artists on offer. Blouin ArtInfo takes this opportunity to present numerical insights of this upcoming auction.Analytical Insights powered by BASI (Blouin Art Sales Index): For art enthusiasts, this segment offers data-driven insights to help them prepare better for the auctions. This covers: • Past Auction at a glance. How the Impressionist and Modern Art day sales have performed in the past and the artists who have consistently been on top. • Lots on Offer in various estimated low price bands (in GBP).• Top artists by estimated sales in the upcoming auction.• Top artworks on offer by estimated sale.• Marc Chagall, Alfred Sisley and Henri Matisse - Sale Price of similar (by size and medium) artworks in the last 5 years. 1. Past Auctions at a glance:The sales in the last 7 years has undergone ups and downs. It reached the peak of £ 19.3 Million in 2012 and went down to £ 13.3 Million in 2013 and then back to a high of £ 16.6 Million in 2017. This year, we expect the sale to cross last year’s mark. Last year this sale had 105 lots on offer with 24 % lots as bought-ins. The status of bought-ins over years is also shown in the above graphPerformance of Top Artists (in this sale) in the last 3 years Marc Chagall was the top artist of 2017 sale realizing a total sale of £ 1.7 Million of 3 lots. Pablo Picasso, Pierre-Auguste Renoir, Ossip Zadkine and a few others have been consistently featuring in this sale year on year. The sale performance of the top artists is shown in the graph above. 2. Upcoming Auction on Feb 28, 20182.1 # of Lots on Offer in various estimated low price bands (in GBP)Most (107) of the artworks in this sale are offered in the estimated low price band £ 10K to 50K. There are about 46 lots (35 artists) in this auction that are expected to sell in the price range £ 100K to 500 K3.Top Artists on Offer by Estimated SalesThe graph above shows the top artists featuring in this auction, their number of lots on offer and expected sales (estimated low and high). Picasso has the most artworks (4) in this sale followed by Marc Chagall.4. Top Artworks on Offer by Estimated SalesOther top artworks on offer by estimated price (high and low) are presented in the graph below. Marc Chagall’s, “Le Peintre Et La Crucifixion” is expected to be the top selling artwork of this auction expected to sell between £ 650,000 to £ 950,000. The other top artworks on offer are: “Vase à Huit Pieds, Taureau” by Pablo Picasso again expected to sell betwen £ 400,000 to £ 600,000 and Alfred Sisley’s “Paysage Au Tas De Bois” expected to sell between £ 350,000 to £ 550,000.5. Sale of Similar Sized Artworks of the Top ArtistsMarc Chagall : Sale Price of similar sized artworks in the last 5 years“Le Peintre Et La Crucifixion” by Marc Chagall is the expected top lot on offer, estimated to sell between £ 650,000 to £ 950,000. The prices at which similar sized artworks (73 by 54 cm) of Marc Chagall, sold in the last 5 years (2012 to 2017) are shown here. Marc ChagallLe Peintre Et La CrucifixionMedium : oil on canvassigned ‘Marc Chagall’ (lower right) and dated 1981 (on the reverse)Size:73 x 53.8 cmExecuted in 1981.At one of the spectrum, artworks of similar size (73x54 cm) have sold for as high as $ 3 Million to $ 5 Million, and at the other end, there are others that have sold for as low as $ 1 Million to $ 2 Million. The high priced artworks have sold mostly in the evening auctions.Alfred Sisley : Sale Price of similar sized artworks in the last 5 years“Paysage Au Tas De Bois” by Alfred Sisley is also one of the top artworks on offer estimated to sell between £ 350,000 to £550,000. The prices at which similar sized artworks (38 by 56 cm) of Alfred Sisley, sold in the last 5 years (2012 to 2017) are shown here. Alfred SisleyPaysage Au Tas De BoisMedium : oil on canvasSigned and dated 'Sisley 77' (lower right)Size: 38.1 x 56.2 cm.Executed in 1877.At one of the spectrum, artworks of similar size (38x56) have sold for as high as $ 1.7 Million and at the other end, there are others that have sold for as low as $ 191,268.Henri Matisse: Sale Price of similar sized artworks in the last 5 years“Le vivier (Paysage de Provence)” by Henri Matisse is also one of the top artworks on offer estimated to sell between £ 300,000 to £ 500,000. The prices at which similar sized artworks (46 by 55 cm) of Henri Matisse, sold in the last 5 years (2012 to 2017) are shown here. Henri MatisseLe vivier (Paysage de Provence)Medium : oil on canvassigned 'HENRI-MATISSE' (lower left)Size: 46.4 x 55 cm.Executed in 1923.At one of the spectrum, artworks of similar size (46x55) have sold for as high as $ 11 Million to $ 19 Million and at the other end, there are others that have sold for as low as $ 511,980.To view the top lots of this auction, click here
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