Night Music: Nessum DormaMarch 6, 2019
More Art SalesMarch 6, 2019
The rash of major sales continued in London two days ago with another Contemporary Art sale at Sotheby’s. The total realised at the sale was $123 million with 91% of lots selling.
The highest price was $10.8 million for Apex by Jean-Michel Basquiat, an artist who’s work I simply don’t appreciate. This same piece had sold in 1988 for just $28,190.
More to my taste, Gerhard Richter (one of my favourites artists) had a piece Abstraktes Bild sell for $9.12 million, smack in the middle of its pre-sale estimate.
Perhaps more interestingly, a very Lucian Freud-ish painting by Jenny Saville called Juncture sold for $7.17 million, a massive increase from the same work’s $656,000 price tag in 2009. It stands 12 feet tall.