Art Investment

Andy Warhol painting sold for $ 63 million

A 90 pounds of candy left over 4,5 million

Auction "Week of Modern Art" was launched successfully: the Monday auction Phillips de Pury brought the entire 137 million dollars. Top lot was the painting of Andy Warhol (Andy Warhol) «men in her life pushed for 63.4 million dollars (estimate 40-50 million). The sum is definitely amazing, but for the "king of pop art" is not a record: "Green car crash" was sold in 2007 for 71.7 million.

picture "Men in her Life put up for auction is a collector Jose Mughrabi (Jose Mugrabi). A financier, gave her a guarantee. There are only four versions of this work, one of which, smaller size, was sold in 1989 for 286,000 dollars.

The photograph reproduced on canvas 38 times, depicts Elizabeth Taylor (Elizabeth Taylor), her then (third) husband, Michael Todd (Michael Todd), singer Eddie Fisher (Eddie Fisher) and his wife, Debbie Reynolds (Debbie Reynolds). The photograph was taken in 1957, both women at that time were pregnant. Less than a year, Todd was killed in the crash. Taylor also was supposed to fly, but at the last moment refused because of poor health. Some time after the death of Todd started a romance with actress Fischer, who became her next husband.

Success Auction Phillips obliged art dealer Philip Segal (Philippe Ségalot), acting as a facilitator first session trades (called "Carte blanche"). Of the 33 selected lots of buyers are not found only three, brought more than sixteen million dollars. In addition, it was established seven personal records. Revenues "Carte Blanche" was 117.05 million, ie, overstepped even the top bar of expectations of organizers 77,4-104,8 million.

Among the "failures" of lots - kinetic sculpture of Paul McCarthy (Paul McCarthy) «Mechanical pig" and a picture-collage by Jeff Koons (Jeff Koons) «Prison (Venus). Estimate both components of 2,5-3,5 million. But the work of Takashi Murakami (Takashi Murakami) - figure in the style of "Manga" entitled "Miss ko2» - bought for 6.8 million dollars (preliminary estimate of 4-6 million). Another popular work - installation by Felix Gonzalez-Torres (Félix González-Torres), consisting of 90 kilograms of chocolates (this work, by the way, recreated for the exhibition "100 years of performance" in Moscow "Garage"). Edible masterpiece, put up for auction estimate: 4.6 million, went for nearly 4.5 million dollars - a record for the artist.

Among the top lots was also included sculpture, Maurizio Cattelan (Maurizio Cattelan) «Charlie", which is a self-portrait in the image of a boy - the hero kubrikovskogo "Shine." The new owner paid for her 2.99 million dollars Estimé 2-3 million.

In addition, it is worth noting the sale of 2.77 million dollars a picture Cindy Sherman (Cindy Sherman) «No name № 153 "- a brilliant result for the photos.

second trading session was much more calm. The result amounted to 19.97 million dollars with a preliminary assessment 23-34,4 million. The new owners went 22 Lot of 26. Up to estimate not have lasted mainly from the fact that the main lot - Koons sculpture "Ladder with caterpillars" with the estimate 7.5 million - has failed. Seven-digit sum brought four works, including large-scale composition of Roy Lichtenstein (Roy Lichtenstein) «Two figures in an Indian style; pharmaceutical magnate Stewart Rahr (Stewart Rahr) bought it for 3.89 million (preliminary estimate of 3-5 million).

Source: artinfo.com , artinvestment.ru


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