Pi-eX TOP 10

New York & London Art Evening Sales at
Sotheby's, Christie's and Phillips

YEAR 2016

TOP 10 most expensive bought-ins (*)
The worst thing that can happen to an artwork when it is auctioned is to be bought in. This happens when no one makes an offer above the seller's reserve price. The following 10 artworks all encountered this sad fate in 2016 and they were the top ten most expensive bought-ins based on their Low estimates ahead of the auction.
Source: Pi-eX Ltd proprietary database of auction results
1. "Ib and Her husband", Lucian Freud
  • EOR (**): $24,172,200
  • Bought-in
  • June 30th, 2016
  • Christie's Curated Auction, London
    • 3. "Eve, grand modele", Auguste Rodin
  • LE (***): $11,736,000
  • Bought-in
  • June 21st, 2016
  • Sotheby's Impressionist evening sale, London
    • 5. "Liz", Andy Warhol
  • LE (***): $10,000,000
  • Bought-in
  • May 10th, 2016
  • Christie's Contemporary evening sale, New York
    • 7. "Tete de Femme" by Pablo Picasso
  • LE (***): $9,000,000
  • Bought-in
  • November 16th, 2016
  • Christie's Impressionist evening sale, New York
    • 9. "Madame de Galea a la Meridienne", Pierre-Auguste Renoir
  • LE (***): $8,000,000
  • Bought-in
  • May 12th, 2016
  • Christie's Impressionist evening sale, New York
    		•
    2. "Les Voiles Rouges", Andre Derain
  • LE (***): $15,000,000
  • Bought-in
  • May 9th, 2016
  • Sotheby's Impressionist evening sale, New York
    • 4. "Anthropometrie sans Titre, (Ant 118)", Yves Klein
  • LE (***): $11,548,000
  • Bought-in
  • February 11th, 2016
  • Christie's Contemporary evening sale, London
    • 6. "Paysage avec route et clocher (île de France près de Melun)", Paul Cezanne
  • LE (***): $10,000,000
  • Bought-in
  • November 16th, 2016
  • Christie's Impressionist evening sale, New York
    • 8. "Buste d'Homme", Pablo Picasso
  • LE (***): $8,000,000
  • Bought-in
  • May 9th 2016
  • Sotheby's Impressionist evening sale, New York
    • 10. "Venice (Island)", Gerhard Richter
  • LE (***): $7,000,000
  • Bought-in
  • May 10th, 2016
  • Christie's Impressionist evening sale, New York
    		•
    (*) Bought-in: unsold work
    (**) EOR: Estimate on Request
    (***) LE: Low Estimate
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