Art Market Monitor

Global Coverage ~ Unique Analysis

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

Important YBA Works to Test the Market at Christie’s

January 21, 2014 by Marion Maneker

Jenny Saville Self Portrait

Colin Gleadell has his eye on the YBA market and an important test coming up at Christie’s:

American commodities trader Frank Gallipoli, who bought a number of works that were in Charles Saatchi’s groundbreaking 1997 exhibition, Sensation, is to sell three of them – by Jenny Saville, Gary Hume and Chris Ofili – at Christie’s next month, together with two bull’s heads in formaldehyde by Damien Hirst and appliqué blankets by Tracey Emin. The six works, which Christie’s describes as the property of an East Coast collector, are estimated to fetch between £2.5 million and £3.5 million, or more with the buyers’ premium added, and will form a mini test of the market for the Yong British Artists (YBAs) of the 1990s, which some believe to be past its sell-by date.

Having said that, Gleadell is quick to point out that three of the works are poised to set records for the artists in question: Saville, Emin and Gary Hume. What the Hirst works will do is anyone’s guess.

Market News: Christie’s tests the YBA market (Telegraph)

More from Art Market Monitor

  • Vernissage TV: Bruce Nauman at Venice BiennaleVernissage TV: Bruce Nauman at Venice Biennale
  • App-tastic AuctionsApp-tastic Auctions
  • Art Brussels Sales ReportArt Brussels Sales Report
  • Edward James Foundation sale = £6.7mEdward James Foundation sale = £6.7m
  • Essl Collection to Sell 44 Guaranteed Works (Valued at £60m) at Christie’s for Frieze Essl Collection to Sell 44 Guaranteed Works (Valued at £60m) at Christie’s for Frieze
  • What Is To Be Done?What Is To Be Done?

Filed Under: Artists

About Marion Maneker

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

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Asian Art Market Continues Rapid Ascent at Sotheby’s $270 M. Hong Kong Sales
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Tony Podesta's Secret Art Buying
  • How to Chant Like an Auctioneer
  • Christie's Announces $70m Picasso Self Portrait
  • Tracey Emin Neon Lights Up Sotheby's 'Contemporary Showcase' Pop-Up
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Sotheby’s to Sell $40 M. Monet Water Lilies Painting in May
  • 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