For Immediate Release Tuesday, 26 June 2012

Contact:

Hannah Schweiger Matthew Paton

+44 (0)207 389 2964 +44 (0)207 389 2965

hschweiger@christies.com mpaton@christies.com

REALISE 124.7 MILLION / $195.8 MILLION / 154.4 MILLION

Top price of the sale series 8.5 million for Pablo Picassos Femme assise Global collectors demonstrate healthy appetite for rare works of art 29 works sell for over 1 million / 39 for over $1 million

IMPRESSIONIST AND MODERN ART

CHRISTIES JUNE AUCTIONS OF

London Christies summer auctions of Impressionist and Modern Art in London between 20 and 26 June realised 124,774,838/ $195,894,031/ 154,425,459, demonstrating the healthy appetite of global collectors for rare works of art. The top price from the series of sales was paid for Pablo Picassos Femme assise, 1949, which sold for 8.5 million/ $13.4 million/ 10.5 million. In total, 29 lots sold for over 1 million (39 for over $1 million). Please find a table of results below with the auction totals:
Impressionist and Modern Art Evening Auction Impressionist and Modern Art Day Sale Impressionist and Modern Works on Paper Impressionist and Modern Art (Christies South Kensington) Picasso Ceramics: The Madoura Collection (Christies South Kensington) TOTAL: 92,583,550 14,307,800 8,338,950 1,462,238 8,082,300 124,774,838

$ $145,541,341 $22,420,323 $13,067,135

$2,281,091 $12,584,141 $195,894,031

114,618,435 17,655,825 10,290,264 1,814,637 10,046,298 154,425,459

For Immediate Release Wednesday, 20 June 2012 Contact: Hannah Schweiger Matthew Paton +44 (0)207 389 2964 +44 (0)207 389 2965 hschweiger@christies.com mpaton@christies.com

REALISES 92.5 MILLION / $145.5 MILLION / 114.6 MILLION

Global collectors demonstrate healthy appetite for rare works of art 27 works sell for over 1 million / 36 for over $1 million Artist records set for Giorgio Morandi and Kurt Schwitters

IMPRESSIONIST AND MODERN ART

CHRISTIES EVENING AUCTION OF

London The Impressionist and Modern Art Evening Sale at Christies London on 20 June 2012 realised 92,583,550 / $145,541,341/ 114,618,435, selling 80% by lot and 84% by value. The auction had a presale estimate of 74.5 million to 108.7 million. The top price was paid for Femme assise, 1949, by Pablo Picasso (1881-1973) which sold for 8,553,250/ $13,445,709/ 10,588,924 (estimate: 5 million to 7.5 million; pictured above). In total, 27 works of art sold for over 1 million / 36 for over $1 million, and two artist records were set. Jay Vincze, International Director and Head of The Impressionist and Modern Art Evening Sale, Christies London: Quality, rarity and considered pricing were key to the successful results of this evenings sale. Nearly every one of the top 10 lots was offered on the open market for the first time in 20 years or more, and in some cases for the first time in up to three generations; these stellar opportunities, coupled with intelligent estimates, attracted determined bidding. There were particularly notable prices for Surrealist works, reflecting the current fervor for this field which has steadily grown since Christies pioneering standalone sale in 2001. These were led by Magrittes Les jours gigantesques which sparked a fierce battle between 10 bidders and which sold for almost five times its high estimate, setting the second highest price for the artist at auction. We look forward to tomorrows day sales, and the auctions at South Kensington including Mondays sale of Picasso Ceramics from The Madoura Collection.

The top price at the auction was paid for Femme assise, 1949, by Pablo Picasso (1881-1973) which sold for 8,553,250/ $13,445,709/ 10,588,924 (estimate: 5 million to 7.5 million). This work maps not only the development of Picassos representations of his partner Francoise Gilot who is heavily pregnant with their daughter Paloma in this work - but also his longstanding exploration of the theme of the sitting woman. Offered from a private Californian Collection, Femme assise was formerly part of the impressive collection of the American steel magnate and philanthropist Leigh B. Block. Further leading highlights of the sale: Les jours gigantesques, 1928, by Ren Magritte (1898-1967) realised 7,209,250/$11,332,941/ 8,925,052 (estimate 800,000-1,500,000), setting the second highest price for the artist at auction. This is one of the artists first great pictorial subversions of reality and one of the most memorable, powerful and disturbing images in Magrittes entire oeuvre. It was offered at auction for the first time in 60 years, from an important private European collection. Femme au chien, 1962, by Pablo Picasso (1881-1973) realised 6,985,250/ $10,980,813/ 8,647,740 (estimate: 6 million to 9 million). A large and colourful depiction of Pablo Picasso's second wife, Jacqueline Roque, alongside the couples beloved Afghan hound, Kaboul, Femme au chien was painted during a period of great change for the artist, who had finally settled at villa Notre-Damede-Vie, near Mougins, in 1961, the year of his marriage to Jacqueline. Jacquelines double profile clearly references Picassos sculptures in cut and folded steel from this time. Having been in an important private collection for almost 40 years it was offered at auction for the first time. La Corne d'or. Les Minarets, 1907, by Paul Signac (1863-1935) realised 6,201,250/ $9,748,365/ 7,677,148 (estimate: 4 million to 6 million). Having been acquired in the late 1920s it came to the market for the first time in almost a century. A masterful composition, rich in pictorial rhythm and exhibiting the artists signature Neo-Impressionist brushwork, this chromatically dazzling opalescent work belongs to an important series of twelve paintings depicting Constantinople (Istanbul), across the Golden Horn estuary. Le monde des images, circa 1961, by Ren Magritte (1898-1967) realised 4,857,250/$7,635,597/ 6,013,276 (estimate: 2 million to 3 million). It tackles one of the artists favourite themes: the way we see the world. Offered at auction for the first time from an important private European collection, it was acquired in 1962, the same year that it was last seen in public. Paysage aux troncs bleus, by Paul Gauguin (1848-1903), realised 4,521,250/ $7,107,405/ 5,597,308 (estimate: 3 million to 5 million). This recently rediscovered painting dates to the artists historic first trip to Tahiti, in 1892, unrecorded in literature on the artist, it has remained in the same private Norwegian collection for over half a century and has not been seen in public since 1955. A distinguished private collection of 14 bronze sculptures by Edgar Degas (1834-1917) which provide a crucial perspective upon his work and working methods as he sculpted throughout his oeuvre realised a combined total of 10,962,250/ $17,232,657/ 13,571,266 (individual estimates started at 15,000 up to 2.5 million). The group was led by Degas Etude de nu pour la Petite danseuse de quatorze ans, conceived in 1878-79, which realised 2,841,250/ $4,466,445/ 3,517,468 (estimate: 1.8 million to 2.5 million). This work relates to his single most famous work, the sculpture of the little dancer aged fourteen.

Notes to Editors:

Baigneuse, 1888, by Pierre-Auguste Renoir (1841-1919), was sold privately before the auction. Full results of the sales can be found at the following link: http://www.christies.com/results/
About Christies Christies, the world's leading art business, had global auction and private sales in 2011 that totaled 3.6 billion/$5.7 billion. Christies is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christies offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Private sales totaled 502 million / $808.6m in 2011, an increase of 44% on the previous year. Christies has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zrich, and Hong Kong. More recently, Christies has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai. *Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or application of buyers or sellers credits.

### Images available on request Visit Christies Website at www.christies.com Complete catalogue available online at www.christies.com or via the Christies iPhone app

Impressionist and Modern Art Evening Sale London Wednesday, 20 June 2012 Sale no: 5465 Top Ten [All sold prices include buyers premium] Sold: 92,583,550 Lots Sold: 56 Lots Offered: 70 Exchange Rate:= $1.572 / 1.238 $145,541,341 Sold by Lot: 80% 114,618,435 Sold by : 84%

Lot 11

Description Pablo Picasso (1881-1973), Femme assise, 1949 Ren Magritte (1898-1967), Les jours gigantesques, 1928 2nd HIGHEST PRICE FOR THE ARTIST AT AUCTION Pablo Picasso (1881-1973), Femme au chien,1962 Paul Signac (1863-1935), La Corne d'Or, les minarets 1907 Ren Magritte (1898-1967), Le monde des images, circa 1961 Paul Gauguin (1848-1903), Paysage aux troncs bleus, 1892 Maurice de Vlaminck (1876-1958), Les rgates Bougival, 1905 Ren Magritte (1898-1967), Shhrazade, 1947 Edgar Degas (1834-1917), Etude du nu pour la 'Petite danseuse de Quatorze ans', circa 1878-1881 Claude Monet (1840-1926), Le Chantier de petits navires, prs de Honfleur, 1864

Estimate () 5,000,000 7,500,000 800,000 1,500,000 6,000,000 9,000,000 4,000,000 6,000,000 2,000,000 3,000,000 3,000,000 5,000,000 3,500,000 4,500,000 1,000,000 1,500,000 1,800,000 2,500,000 1,200,000 1,800,000

Purchase Price 8,553,250 $13,445,709 10,588,924 7,209,250 $11,332,941 8,925,052 6,985,250 $10,980,813 8,647,740 6,201,250 $9,748,365 7,677,148 4,857,250 $7,635,597 6,013,276 4,521,250 $7,107,405 5,597,308 3,625,250 $5,698,893 4,488,060 2,953,250 $4,642,509 3,656,124 2,841,250 $4,466,445 3,517,468 2,785,250 $4,378,413 3,448,140 US Trade

Buyer

56

US Private

8 9 57 15 4 58 29 19

International Trade European Private US Private US Private Anonymous European Private US Private Anonymous

Comment: See separate release Press Contact: Next Sale Date: Hannah Schweiger 020 7389 2964 hschweiger@christies.com The Impressionist and Modern Art Day Sale and Impressionist and Modern Art Works on Paper sale will be held on 21 June 2012. Please click here to view the full schedule of upcoming sales from the department.

Impressionist and Modern Day Sale London Thursday, 21 June 2012 Sale no: 5472 Top Ten [All sold prices include buyers premium] Sold: 14,307,800 Lots Sold:94 Lots Offered:153 Exchange Rate:= $1.567 / 1.234 $22,420,323 Sold by Lot: 61% 17,655,825 Sold by : 80%

Lot 434

Description Pablo Picasso (1881-1973), Retrato de Modesto Castillo, 1895 Pierre-Auguste Renoir (1841-1919), La plage de Varengeville, 1880 Ren Magritte (1898-1967), La femme du maon

Estimate () 2,169,250 $3,399,215 2,676,855 1,553,250 $2,433,943 1,916,710 589,250 $923,355 727,135 481,250 $754,119 593,863 433,250 $678,903 534,631 421,250 $660,099 520,156 409,250 $641,295 505,015 385,250 $603,687 475,399 325,250 $509,667 401,359 313,250 $490,863 386,551

Buyer Anonymous

100,000 - 150,000

328

350,000 - 550,000

European Private

313

500,000 - 700,000

European Private

369

Pierre-Auguste Renoir (1841-1919), Femme nue dans un paysage, 1915

400,000 - 600,000

Private

406

Wassily Kandinsky (1866-1944), Paysage avec pont, 1903

150,000 - 250,000

European Trade

373

Marc Chagall (1887-1985) Fleurs et fruits devant la mer

300,000 - 500,000

Private

405

Max Liebermann (1847-1935), Blumentpfe vor dem Haus, 1926 Marino Marini (1901-1980), Grande toro, 1953

300,000 - 500,000

Private

366

150,000 - 250,000

European Trade

305

Auguste Rodin (1840-1917), Le baiser, 1912

150,000 - 250,000

European Trade

342

Henry Moore (1898-1986), Small Maquette No. 2 for Reclining Figure, 1950

300,000 - 500,000

European Trade

Comment: Jason Carey, Head of Day Sale, Impressionist and Modern Art, Christies London: The demand for the cross section of movements and periods offered within this sale - spanning Impressionism, Modernism, Surrealism and German Expressionism was demonstrated by the top six lots, reconfirming the breadth and depth of the current market at this price level. Buyers remain willing to pay strong prices for top quality works with good private provenance. The top lot by Picasso (lot 434) is the first London Day Sale work in this category to fetch in excess of 2 million. Press Contact: Hannah Schweiger +44 207 389 2964 hschweiger@christies.com Next Sale Date: The next sale of Impressionist and Modern Art will be held at Christies South Kensington on Friday 22 June 2012.

Impressionist and Modern Works on Paper London Thursday, 21 June 2012 Sale no: 5467 Top Ten [All sold prices include buyers premium] Sold: 8,338,950 Lots Sold: 119 Lots Offered:161 Exchange Rate:= $1.567 / 1.234 $13,067,135 Sold by Lot: 74% 10,290,264 Sold by : 90%

Lot 188

Description

Estimate () 289,250 $453,254 356,934 265,250 $415,647 327,318 241,250 $378,039 297,702 205,250 $321,627 253,278 193,250 $302,822 238,470 193,250 $302,822 238,470 181,250 $284,019 223,662 169,250 $265,215 208,854 169,250 $265,215 208,854 169,250 $265,215 208,854

Buyer Trade

Egon Schiele (1890-1918), Liegender Akt, 1918

120,000 - 180,000

147 148

Joan Mir (1893-1983), Painting, 1963 Joan Mir (1893-1983), Femme dans la nuit, 1966 Pablo Picasso (1881-1973), Nu debout et deux hommes, 1972 Pablo Picasso (1881-1973), Homme l'agneau et musicien, 1967 Salvador Dal (1904-1989), Le conseil des dieux

100,000 - 150,000 200,000 - 300,000

European Private Trade

112

150,000 - 200,000

European Private

113 249 194 105 150 134

150,000 - 200,000 100,000 - 150,000 150,000 - 200,000 150,000 - 200,000 180,000 - 250,000 70,000 -100,000

European Private European Private European Private Trade Trade European Private

Wassily Kandinsky (1866-1944), Ohne Titel, 1911-1912 Pablo Picasso (1881-1973), Chevalier en armure, page et femme nue, 1951 Joan Mir (1893-1983), Sans titre, 1952 Marc Chagall (1887-1985), Mose devant le buisson ardent, 1954

Comment: Cornelia Svedman, Head of Sale, Impressionist and Modern Art Works on Paper, Christies London: Reflecting the strength of demand for Impressionist and Modern Works on Paper, this sale realised the highest total for the category in London since February 2008 and secured 66% market share against our nearest competitor for the UK June auction series. Seven of the top ten works were offered at auction for the first time, illustrating the importance and appetite for lots which are fresh to the market. The sale was led by an exemplary Schiele drawing from the height of the artists oeuvre. Buyers continue to compete particularly fiercely for colourful Modern works by Mir, Picasso and Chagall. The market responded well to the rare opportunity presented by the complete set of scenes from the Odyssey by Dal (lot 247 - 263) which realised a combined total of 1,480,350. Press Contact: Hannah Schweiger +44 207 389 2964 hschweiger@christies.com Next Sale Date: The next sale of Impressionist and Modern Art will be held at Christies South Kensington on Friday 22 June 2012.

Impressionist/Modern South Kensington Friday, 22 June 2012 Sale no: 6240 Top Ten [All sold prices include buyers premium] Sold: 1,462,238 Lots Sold: 161 Lots Offered: 258 Exchange Rate:= $1.560/ 1.241 $2,281,091 Sold by Lot: 62% 1,814,637 Sold by : 76%

Lot

Description Jindrich Styrsky Church on a hill (recto); Saint Sebastian (verso), 1921 Pierre-Auguste Renoir and Richard Guino Petite Venus la pomme Mose Kisling Nu debout, 1918 Henri de Toulouse-Lautrec Homme nu en buste Gustave Loiseau Village au Vandreauil Pablo Picasso Taureau, 1958 Jean-Gabriel Domergue Les quatre continents Paul Gauguin Femme nue debout, 1890-1891 Charles Camoin Jeune fille au chat Henri Martin Petit garon au bord du Bassin du Jardin du Luxembourg Paris

Estimate ()

Purchase Price 145,250 $226,590 180,255 67,250 $104,910 83,457 43,250 $67,470 53,673 42,050 $65,598 52,184 39,650 $61,854 49,206 36,050 $56,238 44,738 34,850 $54,366 43,249 34,850 $54,366 43,249 34,850 $54,366 43,249 27,500 $42,900 34,128

Buyer European Private European Private Russian Private European Private European Private European Trade Russian Private European Private European Private European Trade

9 178 141 194 184 84 143 193 177 183

30,000 - 50,000 20,000 - 30,000 8,000 - 12,000 25,000 - 35,000 20,000 - 30,000 6,000 - 8,000 25,000 - 35,000 10,000 - 15,000 30,000 - 50,000 20,000 - 30,000

Comment: Michelle McMullan, Specialist and Head of Sale commented: The South Kensington sale of Impressionist and Modern Art demonstrated the strength of the middle market, with Eastern European and Russian collectors playing a large part in the bidding, enticed by the high number of Czech and Russian artists represented in the sale. More than a quarter of the lots were bought or directly underbid via Christies LIVE, including the top lot a cubist landscape by Czech artist Jindrich Styrsky, unseen in over 70 years, which sold for 145,250 to an online bidder. Smaller works by well-known artists also proved particularly popular, with Picassos gold medallion Taureau fetching more than five times the estimate. We look forward to the two-day auction of Picasso Ceramics: The Madoura Collection next Monday and Tuesday, 25 and 26 June 2012. Press Contact: Next Sale Date: Leonie Pitts +44 (0)20 7752 3121 lpitts@christies.com For a full international schedule of upcoming sales from the department please click here

Picasso Ceramics The Madoura Collection

South Kensington Monday and Tuesday, 25 & 26 June 2012 Sale no: 4232 Top Ten [All sold prices include buyers premium]

Sold: 8,082,300 Lots Sold: 543 Lots Offered: 543 Exchange Rate:= $1.557/1.243

$12,584,141 Sold by Lot: 100%

10,046,298 Sold by : 100%

Lot

Description Pablo Picasso (1881-1973) Grand vase aux femmes voiles Conceived in 1950 and executed in an edition of 25 Pablo Picasso (1881-1973) Grand vase aux femmes nues Conceived in 1950 and executed in an edition of 25 Pablo Picasso (1881-1973) Gros oiseau visage noir Concieved in 1951 and executed in an edition of 25 Pablo Picasso (1881-1973) Grand vase aux danseurs Conceived in 1950 and executed in an edition of 25 Pablo Picasso (1881-1973) Gros oiseau corrida Conceived in 22 June 1953 and executed in an edition of 25 Pablo Picasso (1881-1973) Personnages et ttes Conceived in 1954 and executed in an edition of 25 Pablo Picasso (1881-1973) Gros oiseau Conceived on 23 March 1953 and executed in an edition of 75 Pablo Picasso (1881-1973) Grand hibou Conceived in 1951 and executed in an edition of 200 Pablo Picasso (1881-1973) Service scnes de corrida (set of 8 plates) Conceived on 1 July 1959 and executed in an edition of 50 Pablo Picasso (1881-1973) Taureau Conceived on 29 March 1955 and executed in an edition of 100

Estimate ()

Purchase Price 735,650 $1,145,407 914,413 337,250 $525,098 419,202 289,250 $450,362 359,538 265,250 $412,994 329,706 163,250 $254,180 203,920 133,250 $207,470 165,630 109,250 $170,102 135,798 99,650 $155,155 123,865 97,250 $151,418 120,882 97,250 $151,418 120,882

Buyer Anonymous

39

70,000 100,000

41

40,000 60,000

UK Private

94

30,000-50,000

European Trade

40

60,000 - 80,000

Asian Private

15

30,000 - 50,000

Anonymous

109

30,000-50,000

US Private

51

25,000 - 35,000

European Trade

74

6,000 - 8,000

Anonymous

45

30,000 - 50,000

Russian Private

123

18,000-25,000

US Private

Comment: Please see separate release Press Contact: Next Sale Date: Leonie Pitts +44 (0) 207 752 3121 lpitts@christies.com For a full international schedule of upcoming sales from the department please click here

For Immediate Release 26 June 2012 Contact: Leonie Pitts +44 (0)20 7752 3121 lpitts@christies.com

PICASSO CERAMICS: THE MADOURA COLLECTION

Landmark auction of 543 lots is 100% sold Marathon two-day sale achieves 8,082,300 / $12,584,141 / 10,046,298 more than four times the pre-sale estimate Four works exceed the previous world record price for a Picasso ceramic edition sold at auction

The auction of Picasso Ceramics: The Madoura Collection in progress at Christies South Kensington

South Kensington The two-day auction of Picasso Ceramics: The Madoura Collection on 25 and 26 June 2012 was 100% sold, realising 8,082,300 / $12,584,141 / 10,046,298 more than four times pre-sale expectations (estimate: 1,789,800 - 2,689,750). The auction offered 543 lots, including many ceramics which had remained untouched since they were created, as well as prints, posters, photography and furniture from the Pottery, presenting the last ever opportunity for collectors to purchase these works by Picasso directly from where they were made, at the Madoura Pottery in Vallauris, France. Nearly 500 clients registered to bid in the sale which lasted more than 13 hours in total, and buyers were from 43 different countries. The top lot of the sale was Grand vase aux femmes voiles by Pablo Picasso (1881-1973). Conceived in 1950 and executed in an edition of 25 the work sold for more than ten-times the pre-sale estimate, realizing 735,650 / $1,145,407 / 914,413. This is a new world record price for a Picasso ceramic edition at auction. The previous world record price for a Picasso ceramic edition at auction was 312,750 / $414,073 achieved for an edition of Grand vase aux danseurs sold at an auction in December 2010. Four lots in the sale of Picasso Ceramics: The Madoura Collection exceeded this previous record. *Please see separate document for the full top ten. A full results list can be viewed online here.

The owner of the collection, Alain Rami, was a friend and colleague of Picassos for many years, the author of the catalogue raisonn of Picasso ceramic editions, and the son of the owners of the Madoura Pottery, Georges and Suzanne Rami. The Rami family first inspired Picasso to enter into the world of pottery in 1946, the beginning of a fascination that would last until the final years of his life. India Phillips, and Michelle McMullan, Co-Heads of Sale and Specialists in Impressionist and Modern Art, commented, It has been a complete pleasure to be a part of the historic sale of The Madoura Collection, offering over 500 Picasso ceramics sourced directly from the Madoura Pottery. The response from collectors has been immense, as demonstrated by the impressive results, with some lots commanding bids from more than 20 collectors. Working with Alain Rami on the catalogue and sale has been an unforgettable experience, and his passion has been reflected in the bidding over the last two days. The extraordinary results exceed the pre-sale estimate by more than four times and are testament to Picassos skill and craftsmanship in all media, as well as his popularity the world over. Picasso, Madoura and the Rami Family Pablo Picasso was famously first made aware of the Madoura Pottery in 1946, whilst visiting the annual ceramics festival in Vallauris in the South of France. Enchanted by the works on display from the Madoura Pottery, he asked to be introduced to the creators, Georges and Suzanne Rami, who invited him to see their workshop in action. Picasso was immediately inspired, and modelled three clay pieces that day. A year later, he returned to see his finished works and was delighted with what he had achieved in this new medium and could not resist getting to work with the clay once more. A section of the workshop was set aside for Picasso, who sat with the workers, diligently creating and experimenting with new techniques. During the 1940s Villauris became an important hub for potters and artisans, and the romantic Picasso enjoyed returning to the simple life of the artisan, and being treated as just another worker by the Ramis. He embraced the simple, working life, out of the spotlight, and with his pet owl and goat for company: both animals became favoured motifs in his oeuvre at this time. The simplicity of Vallauris was in great contrast to Picassos international celebrity status, and he was visited there by some of the great names of the late 20th century such as Marc Chagall, Jean Cocteau, Brigitte Bardot, Gary Cooper and Richard Attenborough, many of whom he demonstrated his technique to and was inspired by in turn. The Madoura Pottery held a very special place in Picassos heart and greatly impacted upon his life not only did he meet his second wife, Jacqueline Roque, at Madoura (where she was a pottery assistant), but he spent twenty-four years there experimenting and perfecting his ceramic techniques. Between 1947 and 1971 Picasso produced 633 different plates, bowls, vases and pitchers, in limited editions ranging from 25 to 500. Growing up in the presence of Picasso, publishing the recognised source on the ceramic editions, and running the Madoura Pottery for many years have all given Alain Rami unique first-hand experience of Picassos life and work. Christies specialists India Phillips and Michelle McMullan arrived to meet Alain at the Madoura Pottery in Vallauris on a bright August day in 2011. The preparations had been extensive, but nothing could have prepared them for the sight they discovered there shelf after shelf of untouched Picasso ceramic masterpieces, mapping out his creative journey over twenty-four years. It took Christies almost a week to carefully wrap the many pieces, whilst taking in the incredible atmosphere of the place. The small workshop has remained unchanged since Picasso first visited in the 1940s, which adds to the magic of these untouched editors examples. Picasso mastered each medium he turned his hand to, and the inimitable witticism he worked into clay produced some of the most creative and recognisable ceramics of the 20th century. ### High resolution images and further information available upon request Click to view Christies International Impressionist and Modern Art Department Page Online
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Notes to Editors: Christies and Picasso Christies established the world record price for an artwork sold at auction in New York in May 2010, when Nude, Green Leaves and Bust by Pablo Picasso, from the Collection of Mrs. Sidney F. Brody, sold for $106,482,500 (70,278,450/81,991,525). Christies is the market leader for sales of Picassos ceramics, having held regular sales dedicated to the specific category over the last five years some of which were 100% sold by lot, with all sales exceeding 90% sold by lot. Since the Royal Academy in London hosted the first ever display that focused exclusively on Picasso's clay works in 1998, there has been a change in attitude to this portion of his oeuvre, with scholars now appreciating it as an extension of his master works. Christies South Kensington Open seven days a week, Christies South Kensington is one of the busiest salerooms in the UK attracting over 200,000 visitors each year. With over 100 sales and offering more than 20,000 lots annually, estimates start from 300. Interiors sales dedicated to home furnishings are held three times a month alongside regular Sunday sales of single-owner collections. Specialised sales for the avid collector are scheduled throughout the year according to category, and include Film Posters, Pop Memorabilia, Antiquities, Jewellery, 20th Century British Art and Chinese Works of Art, among others. In 2011 Christies South Kensington realised the highest ever total for the second successive year with sales of 115.9 million / $186.6 million. About Christies Christies, the world's leading art business, had global auction and private sales in 2011 that totaled 3.6 billion/$5.7 billion. Christies is a name and place that speaks of extraordinary art, unparalleled service and expertise, as well as international glamour. Founded in 1766 by James Christie, Christie's has since conducted the greatest and most celebrated auctions through the centuries providing a popular showcase for the unique and the beautiful. Christies offers over 450 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectibles, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War and Contemporary, Impressionist and Modern, Old Masters and Jewellery. Private sales totaled 502 million / $808.6m in 2011, an increase of 44% on the previous year. Christies has a global presence with 53 offices in 32 countries and 10 salerooms around the world including in London, New York, Paris, Geneva, Milan, Amsterdam, Dubai, Zrich, and Hong Kong. More recently, Christies has led the market with expanded initiatives in growth markets such as Russia, China, India and the United Arab Emirates, with successful sales and exhibitions in Beijing, Mumbai and Dubai. *Estimates do not include buyers premium. Sales totals are hammer price plus buyers premium and do not reflect costs, financing fees or application of buyers or sellers credits. CHRISTIES SOUTH KENSINGTON 85 Old Brompton Road, London, SW7 3LD OPENING SEVEN DAYS A WEEK Monday: 9.00am 7.30pm Tuesday Friday: 9.00am 5.00pm Saturday & Sunday: 11.00am - 5.00pm WWW.CHRISTIES.COM Prices do not include buyers premium