Sunday, 16 December, 2018

Hockney painting smashes record price for living artist

An auctioneer takes bids for the sale of David Hockney's Portrait of an Artist at Christie's in New York David Hockney painting auctions for record $90M
Melody Ballard | 17 November, 2018, 17:04

"Together", The Times opined, "the sales signaled a new inclusivity in the art world, driven by a generational shift toward artists who have been out of the mainstream, and driven by stratospheric prices for more established names".

At 81-years-old, David Hockney has just become the highest-selling living artist, the BBC reports.

Working 18-hour days for a solid two weeks before the show, Hockney has recalled he "literally finished the painting the night before it had to be sent off to the exhibition".

An iconic 1972 painting by British artist David Hockney soared to $90.3 million at Christie's on Thursday. He was so confident the Hockney would sell for more that he opted to offer it without a reserve, a minimum price at which the work can be hammered down. After it was announced last week, "everyone was ringing to leave a bid", said Christie's President Jussi Pylkkanen, the evening's auctioneer. The purchaser was a client of Marc Porter, chairman of Christie's Americas.

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The 1972 canvas depicts two men. "I always loved swimming pools, all the..."

"It has all the elements that you would want in a Hockney painting", Rotter said in an interview.

Lewis, whose collection includes pieces by Picasso, Klimt and Degas, bought the Hockney from fellow billionaire collector David Geffen in 1995.

The rocky landscape is in southern France, and the standing figure is said to represent Peter Schlesinger, whom the artist met in 1966, when the younger man was a student in one of Hockney's art classes at UCLA. The sale reached a total of $357.6 million (€315.4 million). Auctions of lower-priced art continue Friday at Christie's.

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