Posts tagged ‘auctions’
Portrait 5 Stephen(s), 2010 Lot #1
Portrait 5, Stephen(s), 2010
The whimsical Phillips de Pury & Company website is, as I’ve noted in the past, a remedy to prim auction house hem-haw. And I am pleased that Lot #1 of their Under the Influence auction of March 8, went for a full quarter of it’s estimated $100, 000 to hammer at $26,000 — the full proceeds of which, will benefit DonorsChoose.org, which sends dollars to classrooms with projects in need of materials and resources.
It is much the credit of PdP that they take on nonsense and give full fluff to the requisite irony.
Here’s the site description of Lot #1, in it’s full glory:
1
FULL PROCEEDS BENEFIT DONORSCHOOSE.ORG
STEPHEN COLBERT, SHEPARD FAIREY, ANDRES SERRANO AND FRANK STELLA
Portrait 5, Stephen(s), 2010
ESTIMATE: AVAILABLE UPON REQUEST •
PROVENANCE The Colbert Report
In an ambitious on-going work that calls to mind the sprawling constructed worlds of Matthew Barney and identity-questioning narratives of Sophie Calle, TV pundit and conceptual artist Stephen Colbert has been performing his site-specific installation, “The Colbert Report,”…
Art Market Recovery: Tracing Improvements
$48 Mil in 2009 for Raphael's Head of a Muse
As I continue to study the art market’s very slight, but seemingly strong rebound, I will continue to compile reports which should lend insight, not only to the workings of the art market as it improves, but to trends that should grow out of this latest bubble burst. What follows are some things to look out for and what they mean for the future.
WALL POWER
The Picasso, on sale at Christie’s onTuesday, is “poised to eclipse the $104.3 million paid for the current record holder, Giacometti’s “Walking Man I” purchased at Sotheby’s in February.
A GOOD BASQUIAT
“A good Basquiat was made in 1982 or 1983, and contains a head, a crown and the color red”.
