The sale which saw 54 of the 61 lots find a buyer, had a pre-sale estimate of £50-£74 million($72.7-97.5 million) considerably less than last February's estimate of £93 -£133 million ($135.3-193.5 million.)

Peter Doig, The Architect's Home in the Ravine, 1991 Image via Christie's Peter Doig, The Architect's Home in the Ravine, 1991
Image via Christie's

However, new records were set at auction for Joseph Beuys and Robert Mangold, whilst the market for British artists was strong. Peter Doig's The Architect's Home in the Ravine sold for £11.3 million ($16.45 million) last night to a telephone bidder from Asia, an impressive figure against the last time it was at auction in 2013 when it sold for £7.66 million ($11.15 million.)

David Hockney, Beach Umbrella, 1971 Image via Christie's David Hockney, Beach Umbrella, 1971
Image via Christie's

Beach Umbrella, 1971, by David Hockney, doubled its estimate as the hammer went down at £3.1 million ($4.5 million) when it sold to a member of the Gagosian Gallery staff.

Lucian Freud, Head of Esther, 1982-1983 Image via Christie's Lucian Freud, Head of Esther, 1982-1983
Image via Christie's

Lucian Freud proved popular againlast night's at Christie's as his work had done earlier in the week at Sotheby's. Portraits of his daughters Esther and Ib both sold to the same bidder on the phone, with the portrait of Esther selling for £4.8 million ($7 million) a figure above its estimate.

Francis Bacon's Two Figures, 1975, a vertical canvas which Bacon created by cutting down the original, was always going to be a risky piece at auction. It came from the collection of Bacon's biographer Michael Peppiatt and after some bidding competition, it sold to an Asian buyer in the room for £5.5 million ($8 million) a number below its low estimate.

American minimalist Robert Mangold's work sold for £746 500 ($1 million) a new record for the artist. A record was also set for Joseph Beuys' blackboard work from a performance of Documenta 5, 1972,which was battled for by dealer Thaddaeus Ropac and a telephone bidder. The phone bidder won with a record price of £854 500 ($1.2 million.)

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