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Sotheby’s Contemporary Art Evening Auction achieved $364,000,000, led by Andy Warhol’s Six Self-Portraits, which sold for $30,125,000.
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The offering of 19 works from The Sender Collection was 100% sold, totaling $44,591,000.
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The auction saw a sell-through rate of 85%, marking the 12th consecutive Evening Auction of Contemporary Art at Sotheby's New York with a sell-through rate of over 80%.
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Andy Warhol
Six Self Portraits, 1986
Hammer Price with Buyer’s Premium: 30,125,000 USD
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Gerhard Richter
Blau, 1988
Hammer Price with Buyer’s Premium: 28,725,000 USD
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Jeff Koons
Popeye, 2009-2011
Hammer Price with Buyer’s Premium: 28,165,000 USD
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Jean-Michel Basquiat
Undiscovered Genius of the Mississippi Delta, 1983
Hammer Price with Buyer’s Premium: 23,685,000 USD
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Andy Warhol
Big Electric Chair, 1967-1968
Hammer Price with Buyer’s Premium: 20,437,000 USD
Overview
RESULTS
The 14 May Evening Auction of Contemporary Art in New York achieved $364,379,000. The sale was led by Andy Warhol’s Six Self Portraits from 1986 which sold for $30,125,000. Other Warhol highlights included Big Electric Chair which sold for $20,437,000 and 12 Mona Lisas (Reversal Series) which reached $11,365,000. The offering of works from The Sender Collection was 100% sold, totaling $44,591,000, well above pre-sale estimates and featured artist records for Rosemarie Trockel, Dan Flavin, Keith Haring, Adam McEwan, Matthew Barney, and Sarah Lucas. Artist records were also set for James Rosenquist, Wade Guyton and Julian Schnabel. Another top lot of the auction and cover lot of the sale was Jeff Koons’ larger-than-life Popeye sculpture that sold for $28,165,000.
OVERVIEW
Sotheby’s Contemporary Art Evening Auction on 14 May will present a collection of spectacular landmarks of recent art history. Surveying the major developments of contemporary art over the past six decades, this auction will offer truly rare and prestigious exemplars of Pop Art, Abstract Expressionism, Minimalism and Postmodernism alongside various groundbreaking paintings and sculptures by the most influential artistic innovators of our time.
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