Artist Grayson Perry was one of 120 Academicians to donate work to benefit the Royal Academy's expansion.
LONDON - The galleries at Burlington Gardens in London were thronged with bidders as forty lots were sold earlier today in an auction that was the start of the fundraising process for the Burlington Project, which will see the Royal Academy nearly double in size over the next five years.
What is so wonderful about the RA is the great variation of what is on offer – this exhibition features some 120 Academicians and there is something for everyone as they say. RA NOW is a wonderful project that has allowed Sotheby’s to utilise all of our skills and ability for a wonderful sale and a great cause.
Highlights of the auction included Grayson Perry’s ceramic pot entitled Bad Portraits of Establishment Figures, 2012 that sold for £120,000, Tony Cragg’s It is, it isn’t, 2011 that sold for £105,000 and David Hockney’s Autumn Leaves, 2008 which sold for £20,000 – over three times its pre-sale estimate of £4,000 – 6,000.
A further 80 works remain available to buy privately or through an online auction throughout the duration of the exhibition, which runs until 11 November.
Sotheby's Mark Poltimore and Royal Academy Director Charles Saumarez Smith.
Designer Anya Hindmarch.
Actor, comedian and author Stephen Fry.
Net-a-Porter's Executive Chairman Natalie Massenet.
Artist Tracey Emin.
Artist Anish Kapoor and guest.