Andy Warhol’s 1962 silkscreen painting “Four Marilyns” sold for $38.2 million at Phillips in New York Thursday night, the top price in a $78.6 contemporary- art sale that concluded two weeks of semi-annual evening auctions.
Records were smashed for Jean-Michel Basquiat, Jackson Pollock, Roy Lichtenstein and auctions themselves as Christie’s sold $495 million of contemporary art last night in New York.
Sotheby’s, the New York-based publicly traded auction house, will be opening a gallery for private sales close to its branch in London.
Madonna, Leonardo DiCaprio and Microsoft co-founder Paul Allen could help sell as much as $1.3 billion of art at the three New York auction houses this month.
The influential Miami-based collectors Mera and Don Rubell will focus on contemporary Chinese art in their next exhibition for the 2013 Art Basel Miami Beach in December.
Paintings by Jean-Michel Basquiat, Peter Doig and Gerhard Richter starred in a $127 million sale as the auction market for contemporary art continued to grow.
The Musee d’Art Moderne de la Ville de Paris is playing it safe. Presenting the first retrospective of the U.S. photographer Larry Clark in France, it has restricted access to visitors over 18.
Even before Jean-Michel Basquiat died of a heroin overdose at 27, his friends began selling the paintings he’d given them, cashing in on his meteoritic success.
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.
Ruth Madoff sports big round eyeglasses and an air of reproach. The wife of Bernie Ebbers looks frightened.