To levels Christie's and Sotheby's did not have lasted, but without significant results could not have done

Jean-Michel Basquiat Overrun. 1985
Source: bloomberg.com

Week Contemporary Art Auction in London came to an end. February 17, followed by Christie's and Sotheby's , their trades conducted Phillips de Pury - house specializing not in post-war classics, and on a relatively new and as yet "no run-on art auctions. Buyers were offered 29 lots, only five remained unsold. Slightly short of the estimate to the (5,7-8,4 million), the auction is still collected 5.4 million pounds.

first place in the list of authors of the most expensive works predictably won Jean-Michel Basquiat (Jean-Michel Basquiat) , perhaps the only "new" artists who, without any reservations can be called "blue chip". His work Overrun, executed in mixed media, brought 1.1 million pounds in the evaluation 1-1,5 million. Lot bought the client from Europe.

interest buyers also called picture provided by the Spanish Fund for investment in art Valencia. Unnamed Work of Georg Herold (Georg Herold), among the materials which appear on the Small and caviar, "went for 121,000 pounds Estimé 40-60 thousand, as many have posted a chilling portrait of the girl's wrist Marlene Dumas (Marlene Dumas), estimated at 80 -120,000, and get the estimate of 100-150 thousand abstraction Olena Albert (Albert Oehlen) bought for 193,000.

material was prepared by Julia Maksimova, AI

Sources: bloomberg. com , artinfo.com , artinvestment.ru