3 min read · 27 Feb 2026




Winter Bears by Jeff Koons sold for $7.64m. Image courtesy of Christie's
A work by Jeff Koons, which had a guarantee, was the headline sale at Christie's 'Post-War to Present' auction on February 26 in New York.
The star lot was: Jeff Koons, Winter Bears (1988), which sold for $7.64m, 101% above its $3.8m low estimate. The work was backed by a guarantee. It has been traded once in the past.

Southampton Sand by Mary Abbott sold for $209,500 (598% above estimate). Image courtesy of Christie's
The outperformer sold for 598% above its low estimate. Mary Abbott, Southampton Sand (1969), sold for $209,500 ($30,000 low estimate). It has been traded once in the past.
46 works were backed by guarantees, including: Cy Twombly, Roman Notes (1970). It sold for $1.1m, 57% above its $700,000 low estimate.. It has been traded once in the past.
43 works were bought-in, including: Donald Judd, Untitled (1972), estimated at $700,000 (low) to $1m (high). It has been traded 7 times in the past.
2 works were withdrawn before the sale, including: John Baldessari, Santa with Diving Person (1984) estimated at $100,000 (low) to $200,000 (high).
All results include the fees and premiums added to the price of a work of art when the auctioneer's hammer falls. Sale prices are compared to the auction house’s low estimate, which do not include premiums.
Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.
Bought-in: If there are no bids for a work, or if bidding falls short of the reserve price, the lot is unsold or “bought-in”.
Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.
Premiums: Typically a sliding-scale of charges paid in addition to the hammer price by the buyer, plus any other fees.
Get the HENI News Daily Art Digest delivered to your inbox