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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Sotheby’s London Contemporary Evening = £118m ($144.5m)
Phillips London Evening = £14.66m ($17.9m)
Christie’s London PWC Evening = £96m ($118m)
Sotheby’s Goes German in London Led by Baselitz
