Bidders from Asia and works by young artists propel Christie’s $103.1 million 21st-century art auction:
eclipsed that figure in the matter of seconds. At least seven bidders chased after the painting, with two final hopefuls battling it out in Hong Kong.
Asian bidding helped establish new auction records for Ewa Juszkiewicz and Joel Mesler . Outtara Watts, 65, made his evening sale debut with a collage,Things were a lot less boisterous at the higher end of the market, and many works by artists who drew frenzied bidding just a few years ago, including Christopher Wool, Mark Grotjahn, and Adrian Ghenie, sold on single bids. Asian interest seemed to have been switched off with a click.
Maezawa, who is best known for paying a record $110.5 million for a Jean-Michel Basquiat in 2017, bought the Koons at Christie’s for $6.9 million six years ago to the day as part of his first big shopping spree. which was guaranteed by Christie’s, hammered at $3.1 million, below its estimated range of $3.5 million to $5.5 million. .
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