The full sale included 924 lots with 856 selling for an impressive buy through rate of 93%. The sale totaled $3.4 million, with all of the top eight Hopper items going for multiples of the pre sale estimate. The two top lots were by Andy Warhol, the Mao with a pre sale estimate of $20,000-$30,000 selling for $302,500 (see image) and a 1967 Marilyn Monroe selling for $206,500 against a pre sale estimate of $40,000 to $60,000.
As I mentioned in my previous post, this is a good sale to bookmark and use when discussing premiums for provenance.
Christie's stated about the sale
Cathy Elkies, Director of Iconic Collections at Christie’s comments: “Dennis Hopper's refined taste and curatorial eye resulted in an illustrious sale at Christie's. The unique and varied Collection exhibits that clients aren’t simply wooed by the art; they are intrigued by the stories behind the works. As such, Andy Warhol’s Mao print with gunshot holes inflicted by the Hollywood icon himself, was the top lot, selling for $302,500, establishing a new record at auction for a single print from the iconic series.”
Francine Wolterbeek, Christie’s Senior Specialist, Fine Arts comments: “We are very pleased with the results of Tuesday and Wednesday’s sales. There were new and seasoned buyers in the room as well as several institutions bidding. Notably, two venerable California museums acquired works from the Dennis Hopper Collection: Museum of Contemporary Art in San Diego acquired John Valadez’s Car Show for $7,500 and The Hammer Museum in Los Angeles acquired Llyn Foulkes’ The Scene that is God’s Mouth for $10,625.”
1 comment:
This is a great property to have. Hope I own some of this lot too.
Angelo H
Post a Comment