Chowaiki Gets Sentenced, Jho Low's Story Optioned for the Movies, + Christie's PWC Mid-Season Makes $20.1m
Christie’s mid-season Post-War and Contemporary art sale in New York made $20.1m, a 25% rise from the total the year before. That’s also double the level of sales two and three years ago when the totals for these sales bottomed out against the backdrop of a supposed market contraction.
Expectations at the top of these sales are hard to outpace. So the Richard Prince and Helen Frankenthaler works that led the sale made a prices below the low estimates on a hammer basis. But Kaws made another strong showing with a six-part work, Kimpsons, that sold for $516,500 over a $200k high estimate. Not all of his works outperformed though. Nor were the upside surprises confined to Contemporary names. Willem de Kooning’s small work on vellum laid on canvas topped the $350k high estimate to make $468,500. Louise Nevelson’s Maquette for White Vertical Water hit $432k over a $150k high estimate.
Cecily Brown’s untitled tiny work also saw competitive bidding that drove it to $348,500 above the $250k high estimate. Wojciech Fangor’s M 24, above, doubled the high estimate to make $250k. Sam Gilliam saw continued success with Stage Middle making $225k over a $150k high estimate. A Friedel Dzubas work, Florentine, also got bid up to $150k over a $60k high estimate.
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