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christies four paris art week 2025 auctions

Christie's and Sotheby's both posted strong results during Paris Art Week 2025, with Christie's four auctions totaling $107.4 million—a 16% increase year-over-year—and Sotheby's two sales reaching €89.7 million ($104 million), a 50% rise from the previous year. The top lot at Christie's was Yves Klein's monumental painting *California (IKB 71)*, which sold for €18.4 million ($21.4 million), setting a record for the artist in France. Other artists including Max Ernst, Paul Signac, Lee Ufan, and Berthe Morisot also achieved new auction records in France during the week.

may marquee auctions recap analysis christies sothebys

Christie's marquee auctions in New York generated $489 million across two sales, led by the $272 million 'Leonard & Louise Riggio: Collected Works' sale and a $217 million 20th century art evening auction. The house guaranteed all 39 lots in the Riggio sale and used third-party guarantees on many others to mitigate risk in a soft market. Top lots included Piet Mondrian's *Composition with Large Red Plane, Bluish Gray, Yellow, Black, and Blue* (1922) at $47.6 million, Claude Monet's *Peupliers au bord de l'Epte, crépuscule* (1891) at $49.2 million, and Mark Rothko's *No. 4 (Two Dominants) [Orange, Plum, Black]* (1950–51) at nearly $39 million. Two Warhols were pulled before the sale, highlighting ongoing challenges in selling high-value works at auction.