➤ Sotheby’s first David Bowie art auction raises twice the expected total sales figure

Frank Auerbach, Sotheby’s, Bowie/Collector, auction

At Sotheby’s Bowie/Collector auction tonight: the pop star’s favourite painting, Frank Auerbach’s portrait Head of Gerda Boehm, eventually went for went for £3.35m. (Screengrab from Sotheby’s live webcast)

PART 1 OF THE BOWIE/COLLECTOR SALE saw its 47 modern and contemporary artworks raise £24m tonight – just over twice the total of top prices estimated by Sotheby’s the auctioneer in advance. So the “Bowie premium” added to market prices for the privilege of owning a memento of the pop icon’s personal collection averaged 105% (with wild extremes either side).

Bowie/Collector, Sothebys, Frank Auerbach

Bowie’s inspiration: Auerbach’s Head of Gerda Boehm (Sotheby)

Most suspenseful bidding came for Bowie’s favourite painting, the Frank Auerbach portrait that the pop star said set his mood every day when he rose: Head of Gerda Boehm was estimated at best to sell for £500k but eventually went for £3.35m when a new bidder popped up at the £2m mark and staged a fight to the end.

As might have been expected, two Jean-Michel Basquiat works went for roughly two-thirds more than best estimates – £2m for an Untitled collage and £6.2m for his large acrylic Air Power. The final lot, a Damien Hirst spin painting on which Bowie collaborated, sold for £625k (top estimate £350k). Hirst’s other work, Untitled Fish For David, 1995, sold for £150k (top estimate £60,000).

Sadly the handful of works that didn’t even reach their low estimates included an exquisite Wyndham Lewis collage, a Paolozzi bronze, a rich Picabia portrait in oil, and a Bomberg townscape in oil. Among many moments of high-speed amusement that enlivened the event was the auctioneer’s unique pronunciation of Lytton Strachey’s name, which suggested this was the first time he’d come across it.

➢ Two more sales of 300 artworks owned by Bowie continue at Sotheby’s London through Friday, live online

➢ Previously at Shapersofthe80s: Bowie’s passionate eye for art proves to be not bad at all

➢ Previously at Shapersofthe80s: Bowie’s taste in art: respectable, with bargains to be had at Sotheby’s auction

FRONT PAGE

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s