Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

A Different Top Ten

May 13, 2010 by Katherine Jentleson

Sotheby’s Contemporary Evening sale had the two top lots for the week in the Warhol Self Portrait and the Rothko. But few doubted those works would sell well and since both artists had established much higher prices during the boom, the impact of those sales was muffled.

Both works out-sold their estimates. But the auction house had the luxury of setting them lower to attract bidders. That’s why the Warhol raced to the high estimate on the second bid. But other works absolutely demolished their estimates without making headlines.

Here are ten works from this week’s sales that blew out the high estimates. The least of them is the Richard Prince, which made 2 and 1/4 the high estimate (for reference, the Warhol came shy of doubling the high estimate.) The rest climb from there, including the Basquiat saxophone player being sold by the estate that was the subject of a fierce bidding battle between Larry Gagosian and an unidentified bidder a few seats away.

More from Art Market Monitor

  • Ex-Knoedler Employees Accused of Selling Fake MotherwellsEx-Knoedler Employees Accused of Selling Fake Motherwells
  • That Was the Two Weeks That WasThat Was the Two Weeks That Was
  • Uccello Painting Sold Under Duress During World War II to Appear in Sotheby’s Sale Following SettlementUccello Painting Sold Under Duress During World War II to Appear in Sotheby’s Sale Following Settlement
  • New York Mid-Season Contemporary Sales = $41.65mNew York Mid-Season Contemporary Sales = $41.65m
  • Sotheby’s: Indian Buyers Show 33% YoY Growth in Value of PurchasesSotheby’s: Indian Buyers Show 33% YoY Growth in Value of Purchases
  • Phillips de Pury London June 2011 Day Sale = £4,773,700Phillips de Pury London June 2011 Day Sale = £4,773,700

Filed Under: Auction Results

About Katherine Jentleson

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...