Bidders appetites for big-name artists exceeded all expectations in Heritage Auctions
$2 million Prints & Multiples event Oct. 20 in Dallas.
Artworks by Andy Warhol, KAWS, Banksy and Damien Hirst all sold for nearly double or triple pre-auction estimates: Warhols Chanel, from Ads, 1985, sold for a staggering $225,000 against a $120,000 estimate. Applause, 2006, by Banksy, was expected to sell for $8,000 until 23 bids pushed the sale price to $57,500, fully seven times its pre-auction estimate.
It doesnt surprise me that the worlds most popular artists would be among the top lots in the sale, said Holly Sherratt, Directory of Prints & Multiples at Heritage Auctions. Warhol has always been an auction powerhouse and what can be more luxurious than a bottle of Chanel No. 5? Now Banksy is the cultural commentator of today and has cultivated his own celebrity status under a cloak of anonymity. Banksy is following Warhols footsteps and bidders cant seem to get enough of his work.
Ankle Bracelet, 2017, by KAWS. sold for $45,000, more than twice what was expected, and the artists Piranhas When You're Sleeping, 2016 an early print from an edition of 50 ended at $42,500.
Damien Hirsts Cathedral Print, Palais des Papes, 2007, a stunning screenprint in colors with glazes and diamond dust on wove paper, sold for $42,500, beating expectations.
A selection of 56 lots of Picasso's ceramic and print works, by far the largest group of its kind in the sale, sparked intense bidder interest. Le déjeuner sur l'herbe, 1964, a Terre de faïence plaque heading up a diverse selection of ceramic artworks on offer by Pablo Picasso, sold for $65,625. The artists Tête de femme couronnée de fleurs, 1954, sold for $27,500.