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Speculation Threatened to Derail Dana Schutz s Market Here s How She and Her Dealers Wrested Rebuilt It on Solid Ground

Speculation Threatened to Derail Dana Schutz s Market Here s How She and Her Dealers Wrested Rebuilt It on Solid Ground
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A Prized Basquiat Skull Painting Fetched $93 1 Million at Christie s, the Second-Highest Price Ever Paid for a Work by the Artist at Auction

In This Case (1983) Image courtesy Christie s Images Ltd. A skull-head painting by Jean-Michel Basquiat soared to $93.1 million at Christie’s on Tuesday, offering the first glimpse of the demand for high-end art as the world begins to emerge from the pandemic. The work accounted for nearly half of Christie’s $210.5 million haul for its 21st-century evening sale. The total, which included fees, surpassed the low presale target of $145 million. Of the 39 lots offered, just two didn’t find buyers and new records were set for 11 artists. Asian buyers snapped up 25 percent of lots, including another Basquiat and a Dana Schutz canvas.

Basquiat s Skull Painting and 8-Bit NFT CryptoPunks Avatars Made Half of Christie s New York US$210m Evening Sale | Auctions News | THE VALUE

Christie’s New York sets the bar high for New York marquee auction week. Earlier tonight, the 21st Century Evening Sale raked in a total of US$210m and was spearheaded by the highest-grossing American artist Basquiat’s skull painting, which realized US$93m to become the artist’s second highest auction record.

A $93 1m Basquiat and reams of records for hot young names kicks off New York auction week at Christie s

Jean-Michel Basquiat s In This Case, sold for $93.1m Courtesy of Christie s For its first ever 21st-century evening sale last night, Christie’s hired in the writer and TV personality Derek Blasberg and model Precious Lee to play the hosts of a futuristic introductory broadcast designed to appear as though they were wandering through some light-filled corner of cyberspace. In the New York saleroom, Basquiats shared the limelight with an NFT (both bringing in many millions), and a virtual audience of observers, who were given special behind-the-scenes access to the proceedings, appeared as floating heads superimposed onto stadium seating courtesy of Microsoft technology.

Los artistas negros más codiciados en la movida de las subastas

Los artistas negros más codiciados en la movida de las subastas
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