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DAVID HOCKNEY'S THE SPLASH SELLS FOR 23 MILLION GBP
12 February 2020
Category : MARKET


"The Splash" (1966)by David Hockey sold for £23.1 million at Sotheby's in London on February 11, 2020, the third highest price paid for a work by the British artist.


"The Splash", which was painted in 1966, depicts the moment just after a diver has broken the surface of a Californian swimming pool.

 

The price was almost eight times that achieved when the work last sold at auction for £2.9 million in 2006 while Hockney's "Portrait of an Artist (Pool with Two Figures)" sold for over $90 million in New York in 2018, an auction record at the time for a work by a living artist. The same year, his "Pacific Coast Highway and Santa Monica" sold for $28.5 million.

Meanwhile, Adrian Ghenie's The Arrival went over the high estimate to achieve £4,184,500  and Wayne Thiebaud's Californian Fruit Stand sold for £1,815,000. Then, a new world record was set for A.R Penck's Welt des Adlers I (World of the Eagle I) when it sold for £531,000. The work was executed in 1981 at a crucial moment in Penck's career following his exodus from East to West Germany in August 1980. The previous record for the artist was £369,000 set at Phillips London in October 2017.


Banksy's Vote to Love more than doubled its pre-sale estimate when the price climbed to £1,155,000  while Jean Dubuffet's Episode champêtre doubled its low estimate to reach £1,815,000.

Jean Michel Basquiat's Rubber sold for £7,487,600, 23 times the price achieved for the work when it sold for €420,500 at Sotheby's New York in 1988 while Francis Bacon's Turning Figure, in the same collection for more than 30 years, sold for £7,032,000.


One of Christopher Wool's abstract monochrome painting, Untitled achieved £6,156,809 and Yves Klein's  Anthropometry, (ANT 132) went for £6,177,750. The painting was the first Anthropometry work to appear at auction that features two full body figures and has remained in one family collection for 35 years.

Julie Curtiss' enchanting Witch achieved £162,500 against an estimate of between £50,000-70,000). Works by Curtiss' first appeared at auction in May 2019. Her record at auction has since been broken twice. In addition, Eddie Martinez's Empirical Mind State climbed to £615,000 against a high estimate of 150,000)



 

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