Saturday, 11 November 2017

The art market’s Disneyland - $ 1.6b

Art auctions in New York are shaping up to be a spectacle. Leading the charge is Da Vinci’s 500-year-old “Christ as Salvator Mundi". It is being sold by Russian billionaire Dmitry Rybolovlev. He purchased it for $127.5 million in 2013.

Warhol’s 32-foot-wide canvas depicting “The Last Supper” 60 times as a massive black and white grid. The 1986 work is estimated at $50 million.
Vincent Van Gogh’s 1889 landscape “Laboureur dans un champ”. Estimated at about $50 million

Peter Doig’s “Red House" is estimated at $18 million to $22 million.
Schumacher’s Ferrari will mark the first time a collector car will be offered at a Sotheby’s art auction. Estimated at $4 million to $5.5 million, the Ferrari F2001, Chassis No. 211, was driven by the racing legend to win the Grand Prix de Monaco.