May Art Quiz Winner!!
So yesterday was the Sothebys Contemporary feeding frenzy sale. And as expected, irrational exuberance was rampant in these auction rooms this week. This has resulted in the Highest Contemporary Art Sale In Sothebys History!!
New Sky High record prices were set for Robert Ryman, Andreas Gursky, Damien Hirst, Lisa Yuskavage, David Hockney, Neo Rauch, Brice Marden, and Cecily Brown just to name a few. 10 artist records alone were set at Sothebys Wednesday night. It must have been a full moon. But, all in all, as of this morning, 141 different works sold for over a million dollars each !!
Our beloved little MAO painting by
Andy Warhol (1928-1987) MAO
Estimated Sales Price : $250,000 - 350,000
Size : 12 by 10 inches.
Description : Acrylic and Silkscreen ink on canvas
Executed in 1973.
Sold for a total whopping $772,000.
But sad to say.. very few of our bright MAO readers thought it was worth anywhere near the three quarters of a Million dollars hammer price.
We had one cracked out optimistic reader who suggested a million dollars.. but the winning guess came from Cesar L of New York City, who guessed $550,000. Cesar has selected a great NYC art charity. Creative Time for a donation to be made in his honor. Great choice, and nice guess! Congratulations Cesar!!
FYI... On June 1st, Creative Time is going to have a great fund raising event. It's their annual Benefit and this time it's honoring artist Shirin Neshat! So, Well worth checking out!
Who wudda thunk that little Mao to come in 6th highest out of 443 lots.
Quote from Andy "You could make art out of that"
Posted by: George | May 12, 2006 at 03:49 PM
Howdy!
I think you got a small typo there, "Neo Ranch" sounds like something Kraft would want me to pour on my salad, I think you mean "Neo Rauch," right?
Posted by: Zeke | May 13, 2006 at 02:19 PM
Hey Zeke,
Thanks.. for the correction.. I was rushing, and I have an over zealous spell checker!
Posted by: Mike | May 14, 2006 at 08:25 PM