DAVID HOCKNEY BECOMES THE WORLD’S PRICIEST LIVING ARTIST

christies-evening-1024x683 Hockney

Just as Christie’s has been predicting—one might even say, hyping—81-year-old British artist David Hockney became the most expensive living painter tonight when Portrait of an Artist (Pool with Two Figures) (1972) sold for $90.3 million at the postwar and contemporary art auction in Rockefeller Center. All told, the sale realized a total of $357.6 million, compared with a revised pre-sale estimate of $323 million to $421.5 million.

The record-making Hockney’s unpublished pre-sale estimate had been $70 million to $100 million, though much of the pre-sale chatter guessed $80 million as the likely level.

Generating almost as much buzz as the sky-high asking price was the fact that the Hockney painting went to the block without any type of guarantee—almost unheard of in this day and age, when consignors know how to play the big auction houses off against one another.

CH-Hockney-Pool

David Hockney, Portrait of an Artist (Pool with Two Figures) (1972). Courtesy of Christie’s Ltd.

For more details on the sale visit: David Hockney Becomes the World’s Priciest Living Artist in Christie’s $358 Million Postwar Sale

Also see works and prices for Christie’s Post War Auction:

Mark Rothko $35 million

Francis Bacon $19 million

Christopher Wool $15 million

Richard Diebenkorn $22 million

 

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