At Christie’s London contemporary sale, Christopher Wool’s Untitled set a new artist record. The price, after the buyer’s premium, was £4,913,250 ($7,758,022) high above the estimate of £2,500,000-3,500,000 ($3,947,500 – $5,526,500).
The piece spells out the word “FOOL,” and beat out the artist’s last record, $5,010,500 (according to Artnet), which happens to have been set by Blue Fool, a canvas with the word “FOOL” spelled out in the exact same way and in the same lettering except the previous record is in blue and the new one is in black (compare the two here). Uh, we hear black is in this season. Also: there is a joke to be made here about how Christopher Wool does not suffer fools, gladly. Actually, we just made that joke in the previous sentence. There you go.