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A Few Fails from Contemporary Sales

February 22, 2011 by Marion Maneker

Colin Gleadell does some scorekeeping from last week’s Contemporary art sales in London:

  • ‘The Naked Spirit of Captain Shit’, a glittering, but pale elephant dung painting by Chris Ofili, sent for sale with a £600,000 estimate by Miami collector, Craig Robins, failed to sell
  • two Damien Hirst paintings bought from his landmark Sotheby’s sale in 2008 struggled to meet their former prices.
  • Bargain of the week was probably Tim Noble and Sue Webster’s light bulb sculpture, ‘Excessive Sensual Indulgence’, which was snapped up at almost half the estimate for £49,250 by art dealer, Harry Blain.

Art Market News: Museums Should Buy in Neglected Areas (Telegraph)

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Filed Under: Auction Results Tagged With: Contemporary, London

About Marion Maneker

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