In today’s Jacob Kassay-exceeding-market-expectations news (we can’t get enough), a small Kassay diptych, estimated at $30,000 to $40,000 at Phillips de Pury’s contemporary dale sale this afternoon, sold for $104,500. This wouldn’t be surprising given that the guy usually sells for multiples above his high estimate at auction, but this particular Untitled, made with Kassay’s signature silver deposit and acrylic on canvas, is about a third of the size of the canvas that set an artist’s record ($290,500) at the Phillips sale in New York back in May of this year.
So: it’s a new record! Sort of. By square inch anyway.
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