◼ 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).
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.