Monday, November 11, 2013

NYC fall art auctions poised to set artist records - posted by Florida Fine Art Blog

fetch $80 million at auction. Photo: AP Photo/Sotheby's
  
NYC fall art auctions poised to set artist records
Washington Post 
By Associated Press
 
NEW YORK — Potential buyers will have to dig deep as New York City’s frenzied fall auction season gets underway with blockbuster works of art poised to set records.
 Among the blue-chip offerings is Andy Warhol’s “Silver Car Crash (Double Disaster),” a provocative double-panel painting that Sotheby’s estimates could bring as much as $80 million at its Nov. 13 postwar and contemporary sale. The current Warhol auction record is $71.7 million for “Green Car Crash (Green Burning Car I),” set in 2007.

A day earlier, Christie’s is offering a 1969 triptych by Francis Bacon of his friend and artist Lucian Freud. The auction house says “Three Studies of Lucian Freud” could topple the $86 million auction record for the artist set in 2008 for his 1976 “Triptych.”

It remains to be seen if either can surpass the nearly $120 million paid at Sotheby’s in spring 2012 for Edvard Munch’s “The Scream.” The painting is the most expensive artwork ever sold at auction.

Warhol produced four paintings in the “Death and Disaster” series. The other three are in museums.

Measuring 8 feet by 13 feet, the 1963 silver work captures the immediate aftermath of a car crash, a twisted body sprawled across its mangled interior. It has been seen in public only once in the past 26 years.

Sotheby’s also is offering a portrait of Elizabeth Taylor by Warhol. “Liz #1 (Early Colored Liz)” is estimated to fetch between $20 million and $30 million.
Christie’s also has an iconic Warhol, “Coca-Cola (3),” at its Nov. 12 sale with a pre-sale estimate of $40 million to $60 million.

The two-week season begins this week with impressionist and modern works of art.

Article found here


 

1 comment:

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