August 18, 2022
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The primary lot, a piece by the American conceptual artist Mike Bidlo, “Not Picasso (Bather with Beachball),” estimated at $60,000 to $80,000, went for $1.3 million with charges.

The collector Peter Brant, seated within the third row, purchased the third lot, Francesco Clemente’s “Fourteen Stations, No. XI,” for $1.9 million, over an estimate of $80,000 to $120,000. Then the supplier Larry Gagosian bought Cy Twombly’s blue, inexperienced and purple portray on a wood panel for about $17 million, over the excessive estimate of $15 million.

By comparability, the Marilyn silk-screen — which Rotter lately known as “essentially the most vital Twentieth-century portray to come back to public sale in a technology” — felt like one thing of an anticlimax. Sure, it set a report, however hypothesis prematurely of the public sale had the portray hovering to as a lot as $400 million. As an alternative, the auctioneer appeared to wring the bids, with the portray finally going to Gagosian; it was unclear on whose behalf he was bidding.

“Expectation was very, very, very excessive,” the artwork adviser Abigail Asher mentioned. “It was an extremely wholesome value, however at the identical time I imagine the customer bought a deal. It’s one of many icons of Twentieth-century artwork.”

Some questioned whether or not the inventory market’s poor efficiency on Monday might need muted the “Marilyn” bidding. The Warhol portray, considered one of 5 in a sequence, relies on a promotional photograph from the actress’s movie “Niagara,” a part of a sequence of “Shot Marilyn” portraits. In 1964, a lady walked into Warhol’s Manufacturing facility studio with a pistol and shot at a stack of 4 Marilyn work. (The canvas up for public sale at Christie’s was not pierced by the bullet.)

The Ammann siblings purchased the work from the media mogul S.I. Newhouse Jr., in 1998; that 12 months, Newhouse bought Warhol’s “Orange Marilyn” (1964) at Sotheby’s for $17.3 million. After Newhouse’s dying, in 2017, the billionaire hedge-fund supervisor Ken Griffin purchased that work privately for about $200 million.

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