- Jul 16, 2009
Some good news from the art markets.
Roy Lichtensteins 1964 painting of a pouting redhead sold for an artist record $42.6 million last night at Christies International in New York, as buyers stuck with 1960s pop art to sustain a market recovery.
Roy Lichtenstein's previous best was $16.3 million and six other artists also broke records including abstract painter Mark Grotjahn, mobile maker Alexander Calder, and canvas stainer Morris Louis.
Pop art has always been very popular in the US market but like all markets there is always movement to different artists and styles. There was 15 of Andy Warhols works sold in the one night which is blamed for the lower than expected price for one of his soup and can opener canvases that sold for $23.9 million, expected price was $30 - $50 million.
Joan Miró (1893-1983)
signed, indistinctly inscribed and dated 'per Joaquim Gomis/.../Miró' (lower centre)
watercolour and ink on paper
7½ x 5¼in. (19.2 x 13cm.)
Executed in December 1957
Back down on terra firma I can at least dream about this gem by Joan Miro which sold for just under $30,000 almost twice it's estimate, always amazes me how even still masters like this can be purchased for the price of a car which devalues as soon as you pay for it while art does the opposite in almost every case!
André Derain (1880-1954)
stamped with the artist's atelier stamp (lower right)
ink and wash on paper
9 x 8in. (22.7 x 20cm.)
I found this deeper into the catalogue and it is really beautiful sold for $3,795, It is amazing that it is still possible to buy this artists work at this price! Now I am wondering how long it would take me to learn to paint?