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Dan Duray

Auctions

Eight Artist Records Set at Sotheby’s $364.4 M. Contemporary Art Auction

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Sold: $28.7 million | Gerhard Richter, Blau, 1988

Earlier tonight Sotheby’s hammered down a strong but  relatively sleepy sale that still brought in $364.3 million for the house with premium (within its pre-sale estimate of $339 million to $478 million) and saw new records for Julian Schnabel, Wade Guyton, Rosemarie Trockel, Dan Flavin, Adam McEwen, Matthew Barney, Sarah Lucas and Keith Haring.

Five of those records were achieved Read More

Auctions

Christie’s $745 Million Contemporary Art Sale is Most Expensive Single Auction in History

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Sold: $34.9 million | Jean-Michel Basquiat, Untitled, 1981

Last night Christie’s saw the highest auction total ever, as the house took in $744.9 million with premiums on an evening that saw new records for Lucas Samaras, Joseph Cornell, Alexander Calder, Robert Gober, Salvatore Scarpitta, Barnett Newman, Martin Puryear, Frank Stella, Robert Mangold and Joan Mitchell, whose 1960 untitled painting set a new record Read More

Auctions

Records Fall at Gritty $134.6 M. Christie’s Auction

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Sold: $10.5 million | Andy Warhol, Little Electric Chair, 1965

Earlier this evening Christie’s kicked off the spring contemporary auction week with an impressive performance at the one-off sale it had dubbed “If I Live I’ll See You Tuesday” (after a Richard Prince joke painting) and filled with what it termed “the gritty, underbelly-esque side of contemporary art.” It brought in $134.6 million for the house, including buyer’s premiums, at the top end of a high estimate of $124.1 million (calculated without premiums), and saw 14 new artist records, for Joe Bradley, Alex Israel, On Kawara, Dan Colen, Richard Prince, Martin Kippenberger, Wade Guyton, Louis Eisner, Thomas Schütte, Michael Riedel, Peter Doig, Glenn Ligon, R.H. Quaytman and Adam McEwen. Read More

Auctions

Picasso Steals the Show at $219 M. Sotheby’s Impressionist-Modern Sale

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Sold: $31.5 million | Pablo Picasso, Le Sauvetage, 1932

During a lengthy 71-lot Impressionist and modern sale this evening, Sotheby’s brought in $219 million (including buyer’s premiums), and though that sum was well below the evening’s estimates of $218 million to $317 million (calculated sans premiums) the figure suggested that the company has been relatively unscathed by its recently concluded war with the cost-cutting activist investor Dan Loeb, who will soon join its board. Read More