Lucy McKenzie's auction record: from £3,700 to €300,000

Scottish artist Lucy McKenzie (b. 1977, Glasgow) has seen her auction prices skyrocket, with a 2016 Christie's London sale of her 1998 painting 'Olga Korbut' reaching nearly €300,000, far above its €22,000–34,000 estimate. McKenzie, now based in Brussels and a professor at the Kunstakademie Düsseldorf, is represented by Galerie Buchholz in Berlin and New York. Her early auction career (2006–2007) was marked by unsold lots and low prices. A breakthrough came in 2009 at Phillips New York, where her watercolor 'Tin Tin' (2005) sold for €3,700. In 2012, her painting 'Badge' exceeded €10,000 at Phillips New York, and 'Quodlibet XIV' reached nearly €20,000 at Sotheby's London. After a less successful 2013, Phillips London sold 'They’re Lying on their CV' for over €12,000 in 2014. McKenzie won the EAST Award in 1999, selected by Peter Doig and Roy Arden. Her career includes exhibitions at the 2003 Venice Biennale (curated by Francesco Bonami), 'Happy Outsiders' at Zachęta National Gallery of Art in Warsaw, and shows at Walker Art Center, Tate Britain, and Kunsthalle Basel. Her work explores the boundaries between art and design.