Sunday , April 11 2021

The painting by David Hockney is sold for 90.3 million records

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By Reuters

NEW YORK – A 1972 painting by British artist David Hockney rose to $ 90.3 million on Christie's Thursday, crushing the record at the highest price ever paid at auction for work by a living artist.

With the commission of Christie, "Portrait with an Artist", it exceeded the pre-sales estimate of $ 80 million auctions, after a bidding war between two specific buyers, once work has arrived to 70 million dollars.

The previous record of a work by a live artist was made by Jeff Koons' "Balloon Dog" sculpture, which was sold for $ 58.4 million in 2013. The previous auction record for Hockney was $ 28.4 million.

Hockney's painting shows a man in a pink jacket looking toward another figure swimming under water in a pool. It was reported that it was sent by British retail trader billionaire Joe Lewis.

Christie's did not identify the seller or the successful bidder, who was bidding on the phone.

Image: Auctioneer during the sale of David Hockney's
The auctioneer takes the branches during the sale of "Portrait with an Artist (Pool with Two Figures)" by David Hockney on Thursday.DON EMMERT / AFP – Getty Images

The work went far enough to boost the success of Christie's post-war art and contemporary art auction, which amounted to a total of 357.6 million dollars, with 41 of the 48 lots on offer to find buyers.

Other highlights included the "Henrietta Moraes Laughing Study" by Francis Bacon, who sold for $ 21.7 million versus a pre-sale estimate of $ 14 million to $ 18 million, and the "21 Feuilles Blanches" by Alexander Calder , which more than doubled its high estimate, just under $ 18 million.

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