Michael Craig-Martin Work Could Deliver a 1% Annualized Return at Auction

3 min read  ·  07 Mar 2025

Bicycle. Image courtesy of Christie's Online

Bicycle. Image courtesy of Christie's Online

Michael Craig-Martin, Bicycle (1986) is due to be sold at Christie's Online on March 12, 2025 with a $31,600 (GBP25,000) to $44,300 estimate.

It last sold at auction in 2005 for $21,800 at Sotheby's. This is $9,798 less than its new low estimate. If it sells for more than the low estimate on March 12, 2025 it could realize a 1% annualized return. Painted Steel And Oil On Aluminum, 220.0 x 166.0 x 11.0cm. The work has been traded twice in the past.