Sotheby’s Breaks the Record for Banksy in Frieze Week Contemporary Sale

T he Sotheby’s 168开奖官方开奖网站查询:Contemporary Art Evening Auction set the art world alight on Thursday when Banksy's hotly anticipated 168开奖官方开奖网站查询:Devolved Parliament smashed its pre-sale estimate, soaring t⛦o £9.9 million and setting a new world record for the artiꦗst.

Watch Devolved Parliament set a new record for Banksy

The monumental canvas, which made headlines around the world even before its appearance in the London galleries, spar🌄ked a 13-minute bidding batt✱le on the phones and in the room.

Artist

Banksy

Alongside the Banksy, Jean-Michel Basquiat’s electric 1984 canvas 168开奖官方开奖网站查询:Pyro also achieved £9.9 million, confirming the appetite of collectors eager to secure a piece of Pop Art history. The spirited work was followed by Basquiat's 168开奖官方开奖网站查询:Natives Carrying Things, that achieved £3.3 million.

Watch Basquiat's Pyro selling for £9.9 million

A♍gainst the backdrop of Frieze Week, these works were joined by several other extraordinary pai🐓ntings, demonstrating the breadth of works from the post-war period.

Basquiat, Pyro — Basquiat, *Pyro*, 1984. Sold for £9,879,500.

Two works by Albert Oehlen, 168开奖官方开奖网站查询:Ingwertopf (Ginger Pot) and 168开奖官方开奖网站查询:Geigenbau (Lutherie) continues the upward swing of Oehlen’s position in the market, selling for £915,000 and £1.8 million respectively, as 168开奖官方开奖网站查询:a major retrospective of Oe💧hlen’s 𒆙work opens at the Serpentine Gall♍eries, sponsored by Sotheby’s.

See the moment Dubuffet's Mélancolie from the sought-after Paris Circus series hammers down at £2.6 million

Other highlights of the night included Jean Dubuffet’s 168开奖官方开奖网站查询:Mélancolie, from the celebrated Paris Circus series, that inspired𝄹 a lengthy bidding battle between eight collectors, eventually selling for £2.6 million.

Jean Dubuffet, Mélancolie — Jean Dubuffet, *Mélancolie*, 1961. Sold for £2,655,000.

It was not just a strong evening for painting, however, with Lucio Fontana’s exquisite 168开奖官方开奖网站查询:Concetto Spaziale, Natura, also hammering down for £2.5 million — securing a n꧒ew record for a sculpture by Fontana.

Lucio Fontana, *CONCETTO SPAZIALE, NATURA*, 1959-60. Sold for £2,535,000.

Strength in the market for works by women artists was reinforced through the sale of Nicole Eisenman’s 2015 painting 168开奖官方开奖网站查询:Close to the Edge, which sold for £639,000, marking the first appearance at Sotheby’s for the artist, and Cecily Brown’s 168开奖官方开奖网站查询:The Year of the Scavenger that was inspired by a The Jimi Hendrix Experience album cover and reached £1.6 million.

These successes were joined by a record for Salvatore Scarpitta, whose 168开奖官方开奖网站查询:Housing Developed broke the previous price record for the Italian artist, at £2.5 million. Results for the full sale, which made a total of £54,723,750, can be 168开奖官方开奖网站查询:viewed here.

If you wish to enquire about the possibility of offering a work in one of Sotheby's auctions please 168开奖官方开奖网站查询:click here.