How did an Ivoirian artist Jean-Michel Basquiat discovered in the 1980s suddenly join two of the hottest galleries and become and auction star? Of all of the surprises that took place during the May sales in New York, one big one—the sale of Ouattara Watts’ Afro Beat from 2011 for a remarkable $781,200 during Christie’s 21st Century Evening sale—has gone almost unremarked upon.
This week there are two sales at Phillips in Hong Kong. Like any respectable sale in 2022, the opening lot is by Anna Weyant, and there is plenty of Kerwick and Nava to go around.
When she died last year at 96, the market was already waking up to her singular talent. “I am sensitive to beauty,” artist Etel Adnan says in one of her final interviews recorded for the exhibition of her work at the van Gogh museum that runs throughout this Summer.
Nicolas Party’s market has been growing steadily and progressively over the last three years. Normally we might expect sales to plateau at a new level after three successive years of growth and new record prices at auction each successive year. But that hasn’t really happened with Party’s auction market.
Best known for his heroic steel sculptures, Richard Serra's—approachable and accessible—drawings are starring in museums and galleries across Europe and the US this Summer.
Christie's announced that Victor Pinchuk and his wife Olena are selling their Jeff Koons Balloon Monkey (Magenta) in London later this month with a £6 million ($7.5 million) estimate.
More art by Claude Monet was sold in New York’s May sales than trades in even the biggest years for the artist. A full $310 million was traded for Monet paintings last month. That’s more than sold in 2019, a banner year for the artist.