$30 Mil David Bowie Auction Sets Records for Modern British Art

artnet News | Colin Gleadell:

There were no signs of a post-Brexit or Donald Trump election victory backlash in the art market tonight as, fairly predictably, every lot found a buyer in the first part of Sotheby’s sale of the David Bowie collection. Over 720 bidders registered to make a play for the 49 lots—more than for any other evening sale at Sotheby’s—and the pre-sale estimate of £8.1 million to £11.7 million ($10.04/14.5 million) was easily surpassed as it ran up a total of £24.3 million or $30.2 million… Read more

Image: Jean-Michel Basquiat,1960-1988, “Air Power,” signed, titled and dated 1984 on the reverse acrylic and oilstick on canvas, 167.5 by 153cm.; 66 by 60¼in