Authorization

David Bowie art auction started on Thursday

David Bowie art auction started on ThursdayThe first day of the auction of art owned by David Bowie has taken £24.3m ($30.7m) - more than double the pre-sale estimate, BBC said on Friday.

The 47 artworks sold at Sotheby's in London on Thursday had been valued at between £8.1m ($10.2m) and £11.7m ($14.8).

The most expensive lot was Jean-Michel Basquiat's Air Power, which went for £7.1m ($9m). Basquiat's Air Power had an upper valuation of £3.5m but ended up selling for more than double that amount. And an untitled Basquiat painting dating from 1984 fetched £2.4m - more than three times its pre-sale estimate.

Meanwhile, Frank Auerbach's Head of Gerda Boehm fetched £3.8m ($4.8m).

A further 309 works owned by the late singer are going up for sale on Friday.

But the most valuable pieces went under the hammer on Thursday.

Bowie's family have kept artworks that are "of particular significance" but are selling the rest of his collection. The proceeds, after any fees and taxes are deducted, are going back to his estate.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    October 2017    »
MonTueWedThuFriSatSun
 1
2345678
9101112131415
16171819202122
23242526272829
3031