Art News Christie’s

Art News Christie’s – While the usual suspects continue to fetch the highest prices at auction — as evidenced by Monday night’s $195 million sale of Warhol’s Marilyn — the art market continues to reach out for the potential next trend.

On Tuesday, Christie’s turned its attention to some of the prospects at the evening’s Contemporary 21st Century auction – which totaled $103 million versus a high estimate of $106 million. The sale of 31 works brought strong prices for works by black artists such as Amoako Boafo, Reggie Burrows Hodges and Ouattara Watts.

Art News Christie’s

Art News Christie's

Women are also doing well – including Shara Hughes, Ewa Juszkiewicz, Elizabeth Peyton and Lisa Yuskavage – alongside relative unknowns like 27-year-old painter Anna Weyant, recently represented by mega-dealer Larry Gagosian (and dating). And Refik Anadol, a Turkish-American data artist, offers NFT at night.

Christie’s King Street, London, Uk. 1st Mar 2019. Roy Lichtenstein, Kiss Iii, 1962, Est In The Region Of $30m And Other Works

“We’re defining what the next great generation of artists will be,” said Ana Maria Celis, Christie’s researcher. “Ultimately, the market will decide.”

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There is only a limited supply of first-class works around the world, and collectors – as well as auction houses – remain hungry for inventory. Because of this demand, the normally long journey of artists on the world stages of Christie’s or Sotheby’s is significantly accelerated.

Last year, for example, Hodges, a figurative painter, held his first solo show in New York at the Karma Gallery on the Lower East Side, setting an auction record just eight months later when one of his paintings was estimated at around $40,000. to $70,000, sold for more than $600,000 At Christie’s on Tuesday, his “Intersection of Color: Experience,” depicting a crowd of characters, sold for $706,000, an estimate of $200,000 to $300,000. Sporting event will be next week for the same Estimate how Phillips come.

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In part, market experts say, this has to do with collectors’ attention to black artists in the wake of the Black Lives Matter movement. “Everything changed in 2020,” said Mashonda Tifrere, an arts consultant. “As of December 2021, I have sold more than 60 works by new Black and Brown People artists.”

“Afro Beat” by Ouattara Watts, an acrylic, oil, oilstick, metallic paint and inkjet collage on canvas, sold for $781,000, above the high estimate of $150,000. Credit… Christie’s Images Ltd.

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Ouattara Watts, an Ivory Coast artist whose painting Afro Beat sold for $781,000 at an estimate of $100,000-$150,000, has been around for a long time — he had a solo at Gagosian in 1995 — and is now an exhibition at the Karma Gallery.

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“Now you discover artists who should be talking,” said Gardy St. Fleur, an art consultant. “Finally they got their rights.”

Art News Christie's

The works of color artists skyrocketed in their appreciation. Boafo’s “Yellow Dress” sold for $819,000 at an estimate of $250,000-$350,000; A work by Pakistani-born artist Salman Toor, Girl and Boy With Driver sold for $882,000 with an estimate of $150,000-$200,000. $1.6 million, which is higher than the estimate of $600,000 to $800,000.

A wide range of female artists also performed well. Weyant’s work “Summertime” – depicting a voluptuous young woman without skin – began one night in the showroom of Christie’s Rockefeller Center and was sold over the phone in Hong Kong to an anonymous buyer for a whopping $1.5 million with an estimate of $200,000 to $300,000 after eight-minute competition among 11 bidders. “What a way to start the sale,” said auctioneer Georgina Hilton.

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A rare sight from Hughes, who had an exhibition at the Contemporary Art Museum St. Louis last year, sold for $2.9 million at an estimate of $500,000-$700,000. And Juszkiewicz’s Portrait of a Lady (After Louis Leopold Boilly), which examines gender and class in European painting, fetched $1.6 million, with an estimate of $200,000 to $300,000.

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Almost a third of all Tuesday night’s lots were women’s work, which collectively fetched more than three times their combined low estimate. (As of Monday night, Ann Craven’s 2003 three-bird canvas “I Wasn’t Sorry” sold for $680,400, more than 20 times its high estimate of $30,000.)

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Giovanna Bertazzoni, vice president of Christie’s 20th and 21st Century Art departments, pointed out that the strong presence of female artists at auctions reflects the emphasis on women at the current Venice Biennale, organized by Cecilia Alemani.

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“Christie’s is consciously trying to go in the same direction,” Bertazzoni said, noting that the increasing number of women in leadership positions at Christie’s may have something to do with it. (All regional offices are now led by women.) “In both cases there is a female perspective and I celebrate that.”

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Ewa Juszkiewicz’s Portrait of a Lady (After Louis Leopold Boilly) fetched $1.6 million from a high estimate of $300,000. Credit… Christie’s Images Ltd.

Similarly, in the following week’s auctions, Sotheby’s and Phillips Weyant led, as did Christie’s. At next week’s Sotheby’s Now Evening Auction, 14 of the 24 lots are for female artists, including Simone Leigh and Christina Quarles, both featured at the Venice Biennale. And at Phillips’ forthcoming evening sale of 20th Century and Contemporary Art, 14 of the 37 artists in the auction are women, including Amy Sherald, Issy Wood and Robin F. Williams.

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As of Tuesday night, sales from some of the more established artists weren’t very strong. A deep red Gerhard Richter, the auction lot’s top price, sold for $36.5 million, well above the estimate of more than $35 million; Sigmar Polke took in $819,000, below the low estimate of $1.2 million.

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A testament to the strange nature of the art market – how an artist can lose money – was recently auctioned for $2.2 million, an abstract by Adrian Ghenie that was all the rage at auction, below the low estimate, the 2.5 million dollars.

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Two Basquiats consigned by the same owner have been withdrawn from sale – typically. an indication that the minimum price will not be reached. “It was not an easy decision,” said Guillaume Cerutti, CEO of Christie’s. “We don’t want to sell at any price. We want to sell at a price that is relevant to the artwork and at a price that the customer wants.

Christie’s, London, Uk. 5 July 2021. Preview Of Christie’s Classic Week Is A Marquee Series Of 9 Auctions Featuring Art From Antiquity To The 20th Century. Image: Christie’s Old Masters Evening Sale (

Anadol’s dynamic NFT, inspired by the facade of Antoni Gaudí’s Casa Batlló in Barcelona, ​​sold for $1.4 million with an estimate of $1 million to $2 million. (The NFT, based on climate data, was installed in front of Christie’s headquarters prior to the sale.)

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Despite the bubble that seems to surround some artists at Christie’s, art world observers say it’s heartening to see artists of color playing in the big leagues at auction and fetching high prices. .

“The auction is a way to strengthen color artists’ contributions to the canon,” says Phyllis Hollis, host of the Cerebral Women Art Talks podcast. “People recognize the talent of unknown artists and that’s promising.”

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