Cheyenne Westphal News
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Paintings by Francis Bacon, Gerhard Richter and Jean-Michel Basquiat boosted a $117 million auction, the year’s first major test of demand for contemporary art.
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A Pablo Picasso painting of his mistress Marie-Therese Walter and a collection of German art from the 1960s and 1970s may add as much as 60 million pounds ($99 million) to London’s June art auctions.
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An Andy Warhol portrait of Brigitte Bardot was among the top lots in a $56 million sale of artworks that were owned by the actress’s late husband.
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Sotheby’s said it is renewing its sponsorship of Tate Britain’s contemporary-art commissions for three years -- a program that in 2008 saw Martin Creed send sprinters through the London gallery.
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Collectors at a $108.4 million sale last night pushed a Glenn Brown painting to three times the artist’s record, while remaining choosy about secondary works by auction stars such as Gerhard Richter and Francis Bacon.
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Andy Warhol ’s portrait of Blondie singer Debbie Harry , and Damien Hirst spot paintings owned by Eurythmics star Dave Stewart , were today added to this month’s auction test of the contemporary-art market’s recovery.
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Pussy Riot, the female Russian punk rock band with two members still in jail, landed on ArtReview’s annual ranking of the 100 most influential people in the art world, the Power 100, published today.
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UniCredit SpA’s German banking unit may make as much as 6.5 million pounds ($9.9 million) by the auction of a 1961 Yves Klein painting.
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Self-portraits by Andy Warhol and Jean-Michel Basquiat will star in contemporary-art auctions in London set to raise at least 72.5 million pounds ($116 million).
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Works by Andy Warhol and Damien Hirst will lead contemporary-art sales in London next month that may raise at least 49 million pounds ($76 million) and test a fragile market recovery, dealers said.
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