NEW YORK, NY.- Sothebys
Contemporary Curated auction concluded last night in New York with a total of $31 million the highest-ever total for the auction series since it was introduced at Sothebys in 2013.
Charlotte Van Dercook, Head of Sothebys Contemporary Curated auctions in New York, remarked: We are thrilled with the results from todays auction, which saw our highest total since we began the Contemporary Curated auction series in September 2013. The sale brought outstanding prices for both established and emerging artists alike, and with particular strength in the market for works by African American artists including Kehinde Wiley, Faith Ringgold, Sam Gilliam and many others. We also established several auction records, including a record for a work on paper by Kerry James Marshall; a record for a Scramble by Frank Stella and a record for a work by Anne Truitt. We look forward to continuing this success as our Contemporary Curated sales expand, and are excited to use this momentum as we look to Hong Kong and London for our Contemporary auctions in the coming weeks.
The auction was led by Frank Stellas Scramble: Descending Green Values/Descending Spectrum, a remarkable embodiment of the exhilarating visual energy that characterizes the very finest of his oeuvre, which brought $2.7 million an auction record for any Scramble painting by the artist. Enveloping the viewer in a dazzling surge of painterly force, the canvas from 1977 captures Stellas incisive intellectual rigor as applied to the very tenets of painting.
Following the record-breaking $21.1 million sale of Kerry James Marshalls pivotal Past Times in May 2018, the artists Study for Past Times bested its high estimate to achieve $1.8 million, establishing a new auction record for a work on paper by Marshall (estimate $900,000/1.2 million). Study for Past Times combines the most thought provoking and aesthetically engaging features of Marshalls most celebrated larger scale paintings, with a level of insight into his compositional and conceptual developments that are seldom afforded by his grander examples.
In addition to pieces by these two artists, five works achieved prices in excess of $1 million, including George Condos Girl with Ponytail from 2009, a quintessential example of the artists distorted portraits that achieved $1.7 million (estimate $1/1.5 million); Robert Motherwells Elegy to the Spanish Republic #169, a classic example of the artists most acclaimed body of works, which also sold for $1.7 million; and Jonas Woods Hunting with Mochi that realized $1 million (estimate $400/600,000).
CONTEMPORARY ART ONLINE
Sothebys auctions of Contemporary Art continue this week with Contemporary Art Online now open through this Friday, 28 September. Featuring more than 200 lots, the sale offers works by many of the art worlds most celebrated names at exceptional prices. Alexander Calder, Louise Nevelson, Wayne Thiebaud and Keith Haring are just a few of the artists included in the sale, with other highlights including a striking example of Victor Vasarelys black and white optical paintings, and contemplative word art by Jenny Holzer.