AFP/OFF Photo: American artist David Smith's large-scale metal structure 'Cubi XXVII,' seen here, has become the most...
See other 4play Articles
Title: Sculpture sets contemporary auction record of 23.8 million dollars
Source:
Yahoo News
URL Source: http://news.yahoo.com/s/afp/2005111 ... afplifestyleusart_051110150445
Published: Nov 10, 2005
Author: Staff
Post Date: 2005-11-10 18:28:13 by TommyTheMadArtist
Ping List: *You Gotta Be Shitting Me* Subscribe to *You Gotta Be Shitting Me*
Keywords: contemporary, Sculpture, auction
Views: 200
Comments: 26
Thu Nov 10,10:04 AM ET
NEW YORK (AFP) - A large-scale metal sculpture by American artist David Smith has become the most expensive work of contemporary art ever sold at auction, fetching 23.8 million dollars at Sotheby's in New York. ADVERTISEMENT ZIP code where you park at night:
Five bidders competed for Smith's "Cubi XXVII" which was the starting lot at a Wednesday evening sale of 54 contemporary works that brought in 114.5 million dollars.
The 1965 sculpture was finally snapped up by Manhattan dealer Larry Gagosian at nearly twice its high estimate of 12 million dollars.
Experts attributed the record price to the fact that most of Smith's works are in museums or permanent collections and therefore make extremely rare auction appearances.
"This exceedingly rare work was the pinnacle of a four-decade career," said Tobias Meyer, Sotheby's worldwide head of contemporary art and the auctioneer for the evening.
The second best price of the evening was the 9.2 million dollars paid for "Jackie Frieze," one of two works in which Andy Warhol assembled portraits of Jackie Kennedy in a frieze format.
Click the link to see the art that was sold. I'm telling you, as an artist, I could have made this same thing for about a grand, and had plenty of beer and pizza money left over.
Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
Begin Trace Mode for Comment # 6.
#3. To: TommyTheMadArtist, All (#0)
It looks like oversized childrens blocks.
#7. To: Dakmar (#6)
Naw, it's great art. Psssst..... I can sell you a complete set for only 17.25 mil.
Top • Page Up • Full Thread • Page Down • Bottom/Latest
#6. To: robin (#3)
Replies to Comment # 6. It looks like oversized childrens blocks.
End Trace Mode for Comment # 6.