3 min read · 14 May 2024
Faith Ringgold, Dinner at Gertrude Stein's: The French Collection Part II, #10. Copyright the artist's estate. Courtesy of Sotheby's
Kerry James Marshall led Sotheby's $32.67m 'The Now Evening Auction' in New York, when Vignette #6 (2005), which had a guarantee, sold for $7.48m. For more highlights, see the HENI News report
Francis Bacon led the $234.6m 'Contemporary Evening Auction' at Sotheby's thanks to a guarantee but the outperformer was a 1959 painting by Yayoi Kusama, which sold for $4.66m, 350% above its estimate. HENI News
Faith Ringgold’s auction record jumped 225% when Dinner at Gertrude Stein's: The French Collection Part II, #10, which had a guarantee, sold for $1.57m at Sotheby's. HENI News
Andy Warhol and Jean-Michel Basquiat's Untitled painting set a new auction record for the artists’ historic collaboration, selling for $19.37m at Sotheby's. HENI News
A Cecily Brown painting with a $6m estimate was among the works withdrawn from Sotheby’s auctions but another, Functor Hideaway (2008), sold for $3.57m, 42% above its low estimate. HENI News
"Based on estimates alone, the New York sales at Christies, Sotheby’s, and Phillips are down by around 18% compared to the ones held this time in 2023."
- ARTnews