TOTAL SALES Evening Sales Day Sales POST-WAR & CONTEMPORARY ART $ 74,747,000 NEW YORK, MAY 2017 $ 448,062,000 $ 92,830,675 Works by Francis Bacon and Cy Twombly each sold for more than $50 $ 319,199,000 million at Christie's Post War and Contemporary art auction, helping drive a $ 18,619,250 $448 million sale that met expectations in an uncertain political environment. $ 110,286,000 Of the 71 lots on offer virtually all found buyers, with only three going unsold. CHRISTIE'S SOTHEBY'S PHILLIPS The sale's total nipped at the high pre-sale estimate of $463 million. The sale's top lot was Cy Twombly's Leda and the Swan, which sold for $52.9 million including commission of just over 12 percent, against an estimate of $35 TOTAL LOTS AVAILABLE & BI RATE million to $55 million. Francis Bacon's Three Studies for a Portrait of George Dyer, a 1963 triptych, fetched $51.8 million, at the very lowest end of its $50 LOTS SOLD UNSOLD LOTS BI million to $70 million estimate. 350 25% 20% 300 61 Sotheby's Post War and Contemporary sale fetched a robust $319.2 million 20% 250 36 total, which easily eclipsed even the high $277 million pre-sale estimate, and only two of the 50 works on offer went unsold. The star of the season was 200 13% 15% Jean-Michel Basquiat’s Untitled bought by entrepreneur Yusaku Maezawa, 150 248 14 244 10% 9% founder of e-commerce giant Start Today. Joining the rarefied $100 million- 100 3 4% plus club in a salesroom punctuated by periodic gasps from the crowd, Jean- 4% 149 5% 50 2 0 Michel Basquiat’s powerful 1982 painting of a skull brought $110.5 million at 68 48 37 0% 0 0% Sotheby’s, to become the sixth most expensive work ever sold at auction. CHRISTIE'S CHRISTIE'S SOTHEBY'S SOTHEBY'S PHILLIPS PHILLIPS DAY EVENING DAY EVENING DAY EVENING Only 10 other works have broken the $100 million mark. On Friday morning, shares of Sotheby's were trading up around 2 percent at $50.52, putting it on track to end the week in positive territory. Phillips has set a new auction record for a work by a living British artist during PRICE DISTRIBUTION OF LOTS SOLD its stellar Evening Sale of 20th Century & Contemporary Art in New York. Peter Doig’s 1991 masterpiece Rosedale sold to a phone bidder for $28.8 million, CHRISTIE'S SOTHEBY'S PHILLIPS helping Phillips reach a sale total of $110,286,000 – a 136% Increase on The 35% sale also saw a new record achieved for a sculpture by Roy Lichtenstein, with 40% 35% 36% 35% the artist’s Woman: Sunlight, Moonlight 1996 selling for $10,330,000. 30% 25% 19% 24% 21% 20% 18% 17% 14% 15% 15% 15%13% 11% 11% 10% 9% 3% 5% 1% 2% 0% < $50,000 $50,000 - $100,000 - $500,000 - $1,000,000 - > $100,000 $500,000 $1,000,000 $10,000,000 $10,000,000 10 TOP LOTS SOLD AVERAGE PRICE MEDIAN PRICE Artist Title Venue Sale Price $ 7,000,000 1 JEAN-MICHEL BASQUIAT UNTITLED SOTHEBY'S$ 110,487,500 $ 5,735,601 $ 6,000,000 2 CY TWOMBLY LEDA AND THE SWAN CHRISTIE'S$ 52,887,500 $ 5,000,000 3 FRANCIS BACON THREE STUDIES OF A PORTRAIT CHRISTIE'S$ 51,767,500 4 JEAN-MICHEL BASQUIAT LA HARA CHRISTIE'S$ 34,967,500 $ 4,000,000 5 PETER DOIG ROSEDALE PHILLIPS$ 28,810,000 6 ROY LICHTENSTEIN RED AND WHITE BRUSHSTROKES CHRISTIE'S$ 28,247,500 $ 3,000,000 $ 2,410,000 7 ANDY WARHOL BIG CAMPBELL'S SOUP CAN CHRISTIE'S$ 27,500,000 $ 2,000,000 $ 1,339,728 8 ROY LICHTENSTEIN NUDE SUNBATHING SOTHEBY'S$ 24,000,000 $ 1,000,000 9 ANDY WARHOL LAST SUPPER CHRISTIE'S$ 18,727,500 $ 200,000 $ 290,479 $ 125,000 10 SIGMAR POLKE FRAU MIT BUTTERBROT CHRISTIE'S$ 17,159,500 $ 0 ALL SALES Evening Sales Day Sales TOTAL SALES $ 394,554,500 *All prices are in USD .