#contemporary-art-auction

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fromArtnet News
5 days ago

This Basquiat Last Sold for $14.5 Million. Now It Could Fetch $45 Million | Artnet News

Basquiat's 1983 painting Museum Security (Broadway Meltdown) heads to Sotheby's with a $45 million estimate, more than triple its $14.5 million 2013 sale price.
fromARTnews.com
3 months ago

Auction Houses Add a Little Sparkle: Why Sotheby's and Christie's Are Dressing Their Talent in Jewels

In just over an hour and half, Sotheby's auctioneer Oliver Barker, sheathed in a tuxedo and black bowtie to celebrate the house's inaugural sale at the Breuer building, coaxed in $527.5 million in sales, breezily surpassing the pre-sale low estimate of $379 million. That included the season's most talked about piece of treasure, Gustav Klimt's portrait of Elisabeth Lederer for which sold for $236.4 million, earning Klimt an auction record and the portrait the distinction of being the second most expensive work at auction.
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