London Auction Week Preview
June 25, 2012
LONDON— London eagerly awaits the start of this year’s Art Auction week. Sotheby’s will hold their annual Contemporary Art sale tomorrow evening and Christie’s will follow with its Post-War and Contemporary Art a day later, on the evening of June 27. Phillips du Pury will conclude the week with their June 28 Contemporary Art Part I.
Hoping to continue the strong sales made during last week’s two-day series of Impressionist and Modern Art, Sotheby’s will present Gerhard Richter’s “Untitled (687-4),” 1989. The work’s analogue, Kind (Child), 1989, sold for $4.8 million this February. The house will also offer a group of early Damien Hirst’s, including the 1991 “My Way.” Once owned by Charles Saatchi, the work ought to command bids of $1.9-3 million. Christie’s will auction Jeff Koons’s “Baroque Egg with a Bow (Blue/Turquoise),” a sparking blue stainless-steel sculpture predicted to sell for as much as $6 million. A new-to-market Lucien Freud— “Head of A Greek Man”—should also boost Christie’s sales, with a predicted retail price of $3.3 million. Phillips de Pury will straddle the schools of contemporary art with a 1982 Warhol print of Princess Diana and a dark 1995 Kiefer canvas, “Die Woge”.
Image via The Tate Modern
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