“There’s something slightly boastful wanting to own these things. And there’s a prevalent sense that this is also about asset gathering, not just collecting.”

Abigail Asher
Art Consultant

Well, that’s the understatement of the year. I don’t imagine this post will get a lot of play, but I find this stuff endlessly fascinating. It was a record week at the spring Contemporary and Impressionist art auctions. Christie’s alone sold over $1 billion worth of art. As always, a splendid time was had by the 1%.

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Alas, poor Vincent. Only sold one lousy painting his whole life. And that was to his brother. He’s doing okay now. This was a great piece. The blue was more vibrant than what you see here.

Vincent Van Gogh
L’Alle des Alyscamps
Estimate on Request, but believed to be +/- $40,000,000.
Sold for $66,300,000

It’s hard to look at this and feel indifferent. People either love Pollock or hate him. I understand why folks might have a problem with this, but I liked it.

Jackson Pollock
Number 12, 1950
Estimate: $15,000,000-20,000,000
Sold for $18,282,000

I’ve just recently developed an appreciation for sculpture. Late to the game. If I could have this piece on this pedestal with this lighting, I’d take it.

Alberto Giacometti
Buste de Diego (Amenophis)
Estimate: $6,000,000-8,000,000
Sold for $12,794,000

Contemporary art snobs disparage the Impressionists as being about as challenging as a Hallmark greeting card. Well, screw them. I like it. Art snobs should remember: Impressionism is a gateway drug. A few years of these guys and the next thing you know you’re curious about the Pre-Raphaelites. In the comic strip Doonsbury, prototype slacker Zonker Harris won $23 million in the lottery and spent $1 million on a Monet. He hung it above his refrigerator but subsequently sold it to purchase a royal title in the British aristocracy.

Claude Monet
Nympheas
Estimate: $30,000,000-45,000,000
Sold for $54,010,000

A smattering of contemporary pieces.

Keith Harring
Dog (Three Works)
Estimate: $500,000-700,000
Sold for $1,690,000 

Robert Indiana
Love
Estimate: $400,000-600,000
Sold for $538,000 

Barbara Kruger
Untitled (Provenance)
Estimate: $120,000-180,000
Sold for $394,000

You’ve got to hand it to Jeff Koons. He has a talent for making wealthy people look foolish. Three Hoovers in Plexiglas with fluorescent lights. The lot description said this was executed in 1980-1986. This took six years?!

Jeff Koons
New Hoover Deluxe Shampoo Polishers
Estimate: $5,000,000-7,000,000
Sold for $5,765,000

This Rothko was described as being unusually bright. That’s putting it mildly! Rothko’s color palate trends towards deathly earth tones. This was owned by Bunny Melon. Pronounce her name with a clenched jaw. You can’t get Waspier than that.

Mark Rothko
Untitled (Yellow and Blue)
Estimate: $40,000,000-60,000,000
Sold for $46,450,000

I’m posting this Mondrian right after a Rothko intentionally. Rothko famously fumed that, “I am not a formalist. I have no interest in Mondrian. My paintings do not deal in space. Mondrian divides a canvas; I put thing on it.”

Piet Mondrian
Composition No. III with Red, Blue, Yellow and Black
Estimate: $15,000,000-25,000,000
Sold for: $50,565,000—a world record for a Mondrian

I love both the Rothko and the Mondrian. If I could, I’d buy both and hang them next to one anotheer. Heh.

Spooky and rich. This feeds both my desire to own an Impressionist masterpiece and my bottomless pit of Anglophilia.

Claude Monet
The Houses of Parliament at Sunset
Estimate: $35,000,000-45,000,000
Sold for $40,485,000

This Lichtenstein is thought to have missed the estimate because, believe it or not, it doesn’t contain one of his trademark comic book speech bubbles, which can add millions to a piece. WTF, art world?

Roy Lichtenstein
The Ring (Engagement)
Estimate on Request, but thought to be around $50,000,000
Sold for $41,690,000

All of Gerhard Richter’s works are an insult to the brushes he loaded with paint and the canvases he dragged them across. A giant mess.

Gerhard Richter
Abstraktes Bild
Estimate on Request
Sold for $28,250,000

Here’s another in a series of nothings from Jean-Michael Basquiat. He threw his life away on heroin addiction. Stupid ass. A door painted on two sides.

Jean-Michael Basquiat
Untitled
Estimate: $3,000,000-6,000,000
Sold for $3,610,000

This O’Keeffe is being offered in the May 20th American Art auction but included it here because I think it’s magnificent. O’Keeffe was angry that people interpreted her flower paintings as female genitalia. That was never her intent.

Georgia O’Keeffe
White Calla Lily
Estimate: $8,000,000-12,000,000

I hadn’t intended to include this Rothko. I was afraid of Rothko-overkill and the photo doesn’t do it justice. This was hung in a side gallery. The lights were dim and there was a bench set in front of it. I sat down and realized there was also relaxing spa music playing at a barely-audible level. I got kind of lost in the canvas. I had an out-of-body experience, which is what I believed Rothko intended. It sold for an extraordinary amount of cash.

Mark Rothko
No. 10
Estimate on request
Sold for $81,925,000

I showed this to a friend who’s an artist. He’s a master at watercolor. His comment was, “Nice flesh tones.” Well, that might be true but I couldn’t look at this hanging on my wall every day. Fun fact: Lucian Freud was the grandson of Sigmund Freud.

Lucian Freud
Benefits Supervisor Resting
Estimate: $30,000,000-50,000,000
Sold for $56,165,000

I like Anish Kapoor’s work. This concave disk is made of stainless steel and gold. It was mounted in a small room and smacked you as soon as you turned the corner. It’s all in the lighting, folks.

Anish Kapoor
Untitled
Estimate: $750,000-1,000,000
Sold for $905,000

Here’s what happens when you stand too close to it.

I wasn’t going include this Damian Hirst butterfly-wing piece because I’ve done a few of them in the past and I hate being redundant, but this is a particularly striking example so I couldn’t resist.

Damian Hirst
Freedom
Estimate: $500,000-700,000
Sold for $629,000

Here’s a funny one. Oh, golly, you’re going to laugh and laugh! These are words painted on a wall. How big it is depends on you. The lot description reads:

“Any size as suits the needs and desires of the receiver.”

Which, I guess, means Weiner comes to your house and paints this on a wall. Now, THERE’S a piece that can be easily forged.

Lawrence Weiner
Balls of Wood Balls of Iron
Estimate: $80,000-120,000
Sold for $185,000

This means when the auction is over and Christie’s paints that wall, they’re painting over a $185,000 “masterpiece.”

You are looking at $181,770,000 worth of art. I walked through this gallery with my backpack on. One false turn and you’d have read about me in the paper.

Mark Rothko
No. 36 (Black Stripe)
Estimate: $30,000,000-50,000,000
Sold for $40,485,000

Alberto Giacometti
L’homme au Doigt
Estimate on Request
Sold for $141,285,000

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