YSL Sale Totals $484,426,456, Wildly Exceeding Pre-Sale Expectations

27Feb09
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The Pompidou bought this Giorgio di Chirico, "Le Revenant," for 11 million euros, but there are rumors circulating that it might be a fake

The YSL sale with totals of $484, 426, 456, is now the greatest single-owner auction in history and second only in all-time high grossing sales to Christie’s multi-owner Impressionist and Modern Art sale in New York in November 2006, which had totals of $491,472,000.

Auction records were set, thousands of visitors crowded the Grand Palais to see the Collection Yves Saint Laurent et Pierre Bergé under the same roof for the last time.  Only 31 of the 689 lots offered during the three-day, six session sale failed to find buyers.  The buy-in rate was only 4 percent by lot and 7 percent by value.

One of the controversial Qing bronzes sold in the YSL auction

One of the controversial Qing bronzes sold in the YSL auction

The rare 18th century Qing bronze rat and rabbit heads (that were almost pulled from the auction for legal reasons) were the star lots of the last auction session, making €15,745,000 respectively, selling to the same telephone bidder.

Final Coverage:

Vente YSL-Bergé : 3 jours, 373,5 millions d’euros (Le Monde)

Christie’s YSL Auction Raises $477 Million As Qing Bronzes Sell (Bloomberg)

Yves Saint Laurent Sale Is One For The Ages (ARTINFO)

Vente YSL-Bergé – Pompidou, a-t-il acheté un faux? (Le Monde)

China Targets Christie’s Over Qing Bronzes Auction (IHT)

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