Wednesday , March 29 2023

The most expensive living artist: Hockney's painting was auctioned for $ 90 million



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New York –

A painting by British painter David Hockney has set a record price for a living artist's work at a $ 90 million auction (just under $ 80 million) at a New York auction. The painting "Portrait of an Artist (Two-Digit Swimming Pool)" was auctioned on Friday night for exactly $ 90.3 million, Christie's told auction house Wishing to remain anonymous at first, the acrylic painting created in 1972 shows that two men – one of them swimming in the pool, the other standing on the edge of the basin.

Hockney, 81, replaces Jeff Koons, 63, as the most expensive living artist. American Koons destroyed the record in 2013 with the "Balon Dog" sculpture, which was also auctioned at Christie's in New York for $ 58.4 million (43.6 million euros).

A nine-minute contest between two phone bailiffs

During the auction in New York, a snow record was set up in front of the auction house: they dropped about 16 centimeters – more was not measured in a single day in November for at least 136 years. However, dozens of people gathered in the auction house, including Larry Gagosian gallery owner and actor Jake Gyllenhaal. Many people offered the Hockney photo, after all, two phone bidders competed for nine minutes. The image vendor says it is appropriate for US media reports to British billionaire Joe Lewis. Christie's did not want to confirm this at first.

The sale at Hockney was the culmination of the auctions this autumn, but even before that, demand and prices have been picked up, and many records have diminished. A work by German artist Gerhard Richter, "Abstract Picture" in 1987, was auctioned at Sotheby's for about $ 32 million (about 28 million euros). A painting by American artist Edward Hopper (1882-1967) – "Chop Suey" – set a new auction record for the artist at Christie's about $ 92 million. Previously, Sotheby's auctioned a work of Belgian painter René Magritte (1898-1967) for about $ 26.8 million – also an auction for the artist. (AP)

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