The spring auction sales not only solidify pop arts impact but convey the strong interest from collectors and institutions to acquire work by women and artists of color who are leading the conversation in contemporary art today. You're winning! Narratives like this, however, appear to follow a specific trend this year, with buyers showing the most interest in popular art, abstract art from artists of color who make up the global majority, and art by women. A smaller work by Weyant did well at Phillipss 20th-century and contemporary sale: Buffet II (2021) sold for $735,000, 495% above the estimated high of $150,000. At Sothebys The Now, evening auction Weyant landed an auction high with Falling Woman (2020) selling for $1.6 million, which was well above the $200,000 high estimate. Christies contemporary sales totaled $1 billion across multiple auctions that included an evening sale of the collection of Thomas and Doris Ammann, featuring the stunning Shot Sage Blue Marilyn (1964) by Andy Warhol, which sold for $195 million with fees to Larry Gagosian. The Lovers 4 (2016) sold for $1.008 million, several times above the high estimate of $500,000 at Sothebys The Now evening auction; Burrow of the Yellow (2013) sold for $998,000 at Phillips; and The Celebration (2012) sold for $1.3 million at Christies. Privacy Policy and Andy Warhol. Here are some more notable results by women artists from the recent sales: Belkis Ayn, Nuestro Deber, 1993. Courtesy of Christies New York. High Bid: {{item.CurrentBid}} {{item.ValueType}} The lush Southern regionalist style of Barness Sugar Shack, which evokes the likes of Thomas Hart Benton, has an illustrious pop-culture history, appearing on the groundbreaking show Good Times (197479), which was televisions first Black American two-parent family sitcom. Compare that 48% return on a Basquiat to the sale of Gerhard Richters Abstraktes Bild (1994), which a decade ago made headlines for its colossal price tag of $34 million. Courtesy of Christies New York. However, across the three major auction houses, Phillips, Sothebys, and Christies, sales this season have restored faith. Mara Berro. Gerard Richter, Abstraktes Bild, 1994. {{item.PreSaleEstimate}} Sold | ' : ''}}{{item.Value}} Her darkly figurative paintings of women and still lifes are captivating the art world and evoke the work and precision of early 20th-century masters like Ren Magritte. A link to reset your password has been sent to your email address. Anna Weyant, Falling Woman , 2020. {{item.Specialist}} Sugar Shack demolished Barness previous auction record set last year with $550,000 for the large-scale painting Ballroom Soul (1978). Courtesy of Phillips. Much was uncertain entering the spring New York auctions after two pandemic-fueled sales in 2020 and 2021 that triggered warnings about a declining market. | ' : ''}}, Monterey | Available Lots | Classic Cars for Sale in California | RM Sotheby's, Customize your preferences and enjoy a tailored experience when visiting us, Access history files and inspection reports for your favourite cars. (Another edition of that print can be seen in The Milk of Dreams exhibition at the Venice Biennale.) Enter the email address associated with your rmsothebys.com account. On the same day that the Dow dropped 1,100 points, Phillipss 20th-century and contemporary art evening sale netted a company best of $225 million in sales. The spring New York 20th-century and contemporary art auctions reflect an equitable shift in collectors interests across the board with women artists, artists of color, and emerging artists receiving both critical interest and incredible financial interest. Bid. Ewa Juszkiewicz, Portrait of a Lady (After Louis Leopold Boilly), 2019. {{item.Lot.length > 0 ? While Richter remains a key contemporary artist, this spring, the sale of Abstraktes Bild at Christies was estimated at only $35 million and hammered at $33 million, with the sole bidder being the third-party guarantor. Collectors appear interested in not only acquiring works by emerging artists, but also expanding the canon, with deceased artists like Belkis Ayn and Denyse Thomasoswho are both featured in major biennials this yeardemonstrating high sales at Phillipss 20th-century and contemporary day sale. Ayns print Nuestro Deber (1993) sold for $107,100, three times its estimated high of $30,000. Berros surrealistic painting collages reflect the institutional interest in and rise of women working in collage and inspired by Surrealism and mythology, as is also reflected in recent exhibitions like The Milk of Dreams at the 59th Venice Biennale. Denyse Thomasos, Spin, 1997. Barness pop-culture ties are not coincidental, as pop arts 15 minutes of fame continues to prove its lasting effect on the contemporary art world. Denyse Thomasos. Courtesy of Phillips. Portrait of Sotheby's Senior International Specialist and Auctioneer Michael Macaulay during The Now evening auction, 2022. Courtesy of Phillips. This site is protected by reCAPTCHA and the Google Mara Berro, Burrow of the Yellow, 2013. Ernie Barnes. Current: {{item.CurrentBid}} {{item.Collection}} Elsewhere, Mara Berro continued to make a strong impact across the three houses after her auction debut last year. You're outbid 'Lot ' : ''}} {{item.Lot}} {{item.Lot.length > 0 && item.Value.length > 0 ? ' The successful auction season was best summarized by Robert Manley, deputy chairman and worldwide co-head of 20th-century and contemporary art at Phillips, who said that the two markets [finance and art] are not in lock step, and that the arts remain a vital and stable asset in times of financial uncertainty. Closing: {{item.TimeLeft}} Thomasoss work can currently be seen at the Whitney Biennial, Quiet As its Kept, on view through September 5th. {{item.Lot.length > 0 ? The biggest gambles and payoffs for collectors were delivered toward emerging artists, specifically those working in painting. Warhols Shot Sage Blue Marilyn surpassed Pablo Picassos 1955 painting Les Femmes dAlger (Version O), which sold for $179.4 million with fees in 2015, making the former the most expensive 20th-century artwork to be sold at auction. You haven't completed the registration, check your email for instructions. A version of the painting was also used for the cover of Marvin Gayes 1976 album I Want You. Ernie Barnes, The Sugar Shack, 1976. It is a movement that has birthed contemporary masters across figuration and abstraction who use daily life as a source of inspiration for their work. Andy Warhol, Shot Sage Blue Marilyn, 1964. Lot Closed Anna Weyant. Sothebys contemporary art sales totaled $283.4 million, with The Now evening auction netting $72.9 million, and 73% of its lots selling above their high estimate. This dethroning demonstrates that we are now in an era where the great masters of 20th-century art are no longer defined by modernists, but by contemporary icons like Warhol and his protg Jean-Michel Basquiat. Gerard Richter. 'Lot ' : ''}} {{item.Lot}} {{item.Lot.length > 0 && item.Value.length > 0 ? ' Courtesy of Sothebys New York. Basquiat beat his own record this spring with Untitled (1982) selling for $85 million at Phillipss 20th-century and contemporary evening auction, marking a 48% return on its previous sale in 2016. Belkis Ayn. Rank: {{item.Rank}} Terms of Service apply. And this springs fairy-tale story goes to Ernie Barness Sugar Shack (1976), which sold to Houston-based hedge fund manager and noted poker player Bill Perkins for $15.2 million with fees at Christies 20th-century evening sale, marking a triumph for works by Black American artists at auction. The Wild History of the Warhol Marilyn Thats Set to Fetch $200 Million, The Example Article Title Longer Than The Line. Courtesy of Sothebys New York. Thomasoss colorful abstract painting Spin (1997) sold for $302,400, nearly 10 times its estimated high of $35,000. In this field, we saw the star debut of Anna Weyant, who had a presence at all three major auction houses. Courtesy of Christies New York. Courtesy of Christies New York. This beat her previous record set at Christies the week before, with Summertime (2020) selling for $1.5 million, several times above the $300,000 high estimate.
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