Billionaire Bill Koch's Western Art Collection Shatters Records at Christie’s, Becomes Most Successful in History
A monumental sale of Western art has catapulted billionaire industrialist Bill Koch into the spotlight, as his two-part collection of works by Frederic Remington and other American masters shattered all previous records. The Visions of the West: The William I. Koch Collection sale at Christie's realized a staggering $84.1 million with fees, marking the most successful Western art auction in history.
The evening sale was highly anticipated, with lovers of Western art bracing for a stampede. Records began to fall within minutes of the start, as Frederic Remington's An Argument with the Town Marshal set a new record for the artist, selling for $11,847,500 over its $6 million high estimate. The auction continued to soar, with Charles Marion Russell's Dust achieving $5.8 million and Alfred Jacob Miller's The Buffalo Hunt reaching $4.7 million.
What makes this sale particularly notable is that it not only broke previous records but also marked the largest single-owner Western art sale in history. Koch's trove of works by Remington, Russell, Albert Bierstadt, and others had been a labor of love for decades, reflecting his deep connection to the American West.
The top lots of the sale included Remington's Coming to the Call, which more than doubled its low estimate to reach $13,285,000. The auction also saw significant sales from other artists, including G. Harvey and Charles Marion Russell.
Koch himself seemed subdued after the sale, stating that while he would miss the works, it was a pleasure knowing others would enjoy them as much in the future. However, his Western art collection has undoubtedly left an indelible mark on the art world.
The sheer scale of this sale serves as a testament to the enduring popularity of Western art and the dedication of collectors like Koch to preserving its legacy. With fees, the total amount raised surpassed $100 million, solidifying Christie's position as the leading platform for high-stakes art auctions.
A monumental sale of Western art has catapulted billionaire industrialist Bill Koch into the spotlight, as his two-part collection of works by Frederic Remington and other American masters shattered all previous records. The Visions of the West: The William I. Koch Collection sale at Christie's realized a staggering $84.1 million with fees, marking the most successful Western art auction in history.
The evening sale was highly anticipated, with lovers of Western art bracing for a stampede. Records began to fall within minutes of the start, as Frederic Remington's An Argument with the Town Marshal set a new record for the artist, selling for $11,847,500 over its $6 million high estimate. The auction continued to soar, with Charles Marion Russell's Dust achieving $5.8 million and Alfred Jacob Miller's The Buffalo Hunt reaching $4.7 million.
What makes this sale particularly notable is that it not only broke previous records but also marked the largest single-owner Western art sale in history. Koch's trove of works by Remington, Russell, Albert Bierstadt, and others had been a labor of love for decades, reflecting his deep connection to the American West.
The top lots of the sale included Remington's Coming to the Call, which more than doubled its low estimate to reach $13,285,000. The auction also saw significant sales from other artists, including G. Harvey and Charles Marion Russell.
Koch himself seemed subdued after the sale, stating that while he would miss the works, it was a pleasure knowing others would enjoy them as much in the future. However, his Western art collection has undoubtedly left an indelible mark on the art world.
The sheer scale of this sale serves as a testament to the enduring popularity of Western art and the dedication of collectors like Koch to preserving its legacy. With fees, the total amount raised surpassed $100 million, solidifying Christie's position as the leading platform for high-stakes art auctions.