Sotheby's New York Spring Sales Reach $267.3 Million
On May 13, 2024, Sotheby's spring auctions in New York amassed a total of $267.3 million from two events, The Now and Contemporary Evening Auction, exceeding the pre-sale estimate of $241.8–$350.4 million. This represented a 30% rise compared to 2023, although there was a decline in bidding for high-value pieces. The Now Evening Auction achieved $32.7 million by selling 16 out of 18 lots, highlighted by Kerry James Marshall's Vignette #6 (2005) at $7.48 million and Lucy Bull's 16:10 (2020), which set a record at $1.81 million. The Contemporary Evening Auction reached $234.6 million, with Francis Bacon's Portrait of George Dyer Crouching (1966) leading at $27.74 million. Female artists accounted for 42% of lots in the main auction and 70% in The Now.
Key facts
- Sotheby's New York spring sales on May 13, 2024, totaled $267.3 million.
- The Now Evening Auction sold 16 of 18 lots for $32.7 million.
- Kerry James Marshall's Vignette #6 (2005) sold for $7.48 million.
- Lucy Bull's 16:10 (2020) set an auction record at $1.81 million.
- Francis Bacon's Portrait of George Dyer Crouching (1966) sold for $27.74 million.
- Lucio Fontana's Concetto Spaziale, La fine di Dio (1964) sold for nearly $23 million.
- Warhol-Basquiat collaboration Untitled (1984) sold for $19.37 million.
- Female artists comprised 42% of lots in the main sale and 70% in The Now.
Entities
Artists
- Andy Warhol
- Jean-Michel Basquiat
- Joan Mitchell
- Frank Stella
- Cecily Brown
- Kerry James Marshall
- Jaquelin Humphries
- Avery Singer
- Lucy Bull
- Jeffrey Gibson
- Francis Bacon
- George Dyer
- Lucio Fontana
- Faith Ringgold
- Alice Neel
- Gerard Malanga
- Yayoi Kusama
- Alice Denney
Institutions
- Sotheby's
- Royal Academy of London
- Rachofsky Collection
- Fondation Louis Vuitton
- Artribune
Locations
- New York
- Upper East Side
- United States
- London
- Venice