By Robyn Collins
The first day of the auction of art owned by David Bowie has taken in £24.3 million ($30.7 million), more than doubling the pre-sale estimates, reports the BBC.
The 47 pieces from Bowie’s collection that were sold at Sotheby’s in London on Thursday had been valued at between £8.1 million ($10.2 million) and £11.7 million ($14.8 million).
Bowie’s family has kept artworks that are “of particular significance” but is selling the rest of his collection. The proceeds, after any fees and taxes are deducted, will go back to his estate.
The most expensive work sold was Jean-Michel Basquiat’s Air Power, which went for £7.1 million ($8.98 million). Air Power had been previously valued at £3.5 million ($4.43 million). And an untitled Basquiat painting dating from 1984 brough in £2.4 million ($3 million) – more than three times its pre-sale estimate.
Bowie played Andy Warhol in the 1996 film of Basquiat’s life.
In addition, Frank Auerbach’s Head of Gerda Boehm fetched £3.8 million ($4.8 million). The final price for the thick, layered 1965 portrait of the artist’s cousin Gerda Boehm beat the previous record for an Auerbach — £2.3 million ($2.91 million).
Bowie once said of Auerbach’s Head, “I want to sound like that looks.”
Other highlights from the Bowie auction:
- Peter Lanyon – Witness: £797,000 ($1 million)
- Damien Hirst with David Bowie – Beautiful, hallo, space-boy painting: £785,000 ($993,000)
- Damien Hirst – Beautiful, shattering, slashing, violent, pinky, hacking, sphincter painting: £755,000 ($955,000)
- Patrick Caulfield – Foyer: £665,000 ($841,000)
- Henry Moore – Family group: £581,000 ($735,000)
- Marcel Duchamp – With hidden noise (a bruit secret): £557,000 ($704,000)
Another 309 works owned by the late singer will be auctioned off today (Nov. 11).
Post Author: jay.tilles.