Recently a Christie’s art sale became the highest auction in history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, among others and in total generated $495 million. The sale established 16 new world auction records, with nine works selling for more than $10m (\u00a36.6m) and 23 for more than $5m (\u00a33.2m). Christie’s said the record breaking sales reflected “a new era in the art market”.<\/p>\n
The top lot of Wednesday’s sale was Pollock’s drip painting Number 19, 1948, which fetched $58.4m (\u00a338.3m) – nearly twice its pre-sale estimate.<\/p>\n
Lichtenstein’s Woman with Flowered Hat sold for $56.1 million, while another Basquiat work, Dustheads (top of article), went for $48.8 million.<\/p>\n
All three works set the highest prices ever fetched for the artists at auction. Christie’s described the $495,021,500 total – which included commissions – as “staggering”. Only four of the 70 lots on offer went unsold.<\/p>\n
In addition, a 1968 oil painting by Gerhard Richter has set a new record for the highest auction price achieved by a living artist. Richter’s photo-painting Domplatz, Mailand (Cathedral Square, Milan) sold for $37.1 million (\u00a324.4 million). Sotheby’s described Domplatz, Mailand, which depicts a cityscape painted in a style that suggests a blurred photograph, as a “masterpiece of 20th Century art” and the “epitome” of the artist’s 1960s photo-painting canon. Don Bryant, founder of Napa Valley’s Bryant Family Vineyard and the painting’s new owner, said the work “just knocks me over”.<\/p>\n","protected":false},"excerpt":{"rendered":"
Recently a Christie’s art sale became the highest auction in history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, among others and in total generated $495 million. The sale established 16 new world auction records, with nine works selling for more than $10m (\u00a36.6m) and 23 […]<\/p>\n","protected":false},"author":4,"featured_media":162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[5,6,7,8,9,10,11],"class_list":["post-1089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-elementor-music","category-music-theme","tag-elementor","tag-envato","tag-kentha","tag-music","tag-non-stop-music-player","tag-theme","tag-wordpress"],"yoast_head":"\n