Will the hammer continue to come down on record prices at Sotheby’s landmark sale of the season?
Featuring The Triumph of Painting, a collection of works amassed by Steven and Ann Ames featuring auction favourites by Gerhard Richter and William de Kooning, it’s more than possible. Richter was one of the first painters to spark the couple’s interest. Canvases from every major period of his career – abstract, landscape, portraiture – are included in the sale. Two of his large abstracts are pencilled in at $20-30 million but the estimate seems somewhat wild – a guess perhaps? Some art market commentators think that such large splashy paintings may be drifting in price. Others point to Asia’s huge appetite for art with China, for one, building thousands of museums.
November 17th and 18th at Sotheby’s New York, USA
www.sothebys.com
