Gazette Drouot - C apencheres

AUCTION RESULTS THE MAGAZINE
From Basquiat to "This is not a Basquiat"
In just two days, the sales of contemporary artworks
totalled €4,966,536, including a section dedicated
to street art. The Saturday night auction had some
of the best results. At €1,648,237, the estimate for
Jean-Michel Basquiat’s painting (illustrated) was
respected. This mixed-media was purchased by the
vendor, a French collector at the Galerie Daniel
Templon in 1987, six years after its creation. It is worth
noting that 1981 was a pivotal year in the life of the
artist. René Ricard published his famous article “The
Radiant Child” in Artforum and Basquiat’s career was
launched. At the same period, Annina Nosei organized
Basquiat’s first solo New York exhibition. In our painting,
numerous elements of Basquiat’s visual vocabulary
are present, including the three-pointed crown,
which became a kind of signature for the artist.
Executed the same year, “Dollar Sign” by Andy Warhol
didn’t waiver from its high estimate at €396,500. This
piece is an ink silkscreen and polymer acrylic on
canvas. A special catalogue presented the works of
Gaston Chaissac and Jean Dubuffet. With 13 numbers
sold, a total of €888,518 was obtained. Dubuffet
received two six-figure bids, surpassing estimates. His
"Chaise de pratique fonction II" from 1969-1972, polyurethane
paint on polyester went for €309,800. Street
art was also the subject of a second special catalogue.
€30,360 set a world record for Dondi White’s aerosol
on canvas from 1982. Gully, a French graffiti-artist from
the last decade, is known for his explicitly intertextual
works using graffiti. At €27,260, "Hommage NTHK 5"
sold for four times its estimated price. This mixedmedia
on canvas is a reworking of Edward Hopper’s
famous “Nighthawks” painting dating from 1942.
€18,589 was the going price for "Ceci n’est pas un
€1,648,237 Jean-Michel Basquiat (1960-1988),
Untitled, 1981, acrylic, oil pastel and collage
of paper and fabric on panel,
basquiat 2” (This is not a Basquiat 2), a mixed-media
and collage on canvas dating from 2011. These two
results set a new record for the artist. (Source: Artnet).
Sylvain Alliod
Where ? Paris - Hôtel Salomon de Rothschild
When ? 20 & 21 October
Who ? Cornette de Saint Cyr auction house.
Ms. Tubiana
How much ? €4,966,536
N° 19 I GAZETTE DROUOT INTERNATIONAL
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