At the same auction Metallica drummer Lars Ulrich sold his Untitled Basquiat painting for a cool $14 million ($2 million more than its estimated sale price), Francis Bacon's (Not to be confused with the Elizabethan philosopher) Study For Self Portrait failed to hit its estimated auction price by about $10 million.
In a sign of consumer belt-tightening, the 1964 trypticht peaked at only $27.4 million - falling drastically short of its expected $40 million. Another Bacon triptycht sold last May for $86.2 million, setting a record for the Irish painter who died in 1992.
When the bidding stopped at 27.4 million the esteemed auction house halted the proceedings, to a chorus of gasps.
The art auction world is not faring the economic decline very well, with 30-40% of lots going unsold, and the prices of sold pieces disappointing expectations.
In a sign of consumer belt-tightening, the 1964 trypticht peaked at only $27.4 million - falling drastically short of its expected $40 million. Another Bacon triptycht sold last May for $86.2 million, setting a record for the Irish painter who died in 1992.
When the bidding stopped at 27.4 million the esteemed auction house halted the proceedings, to a chorus of gasps.
The art auction world is not faring the economic decline very well, with 30-40% of lots going unsold, and the prices of sold pieces disappointing expectations.
Now we know,the cat is out f the bag,I don't blame old Dave for not doing a reality show,if that is the way he looks in the morning.
ReplyDeleteDamn that's ugly,he better know how to f..k,that's all he has going for him.(giggles)
.......LOL!
ReplyDeletePaps asked for 10 million for a picture of David Caruso "just out of bed" - and that is the result. LOl!
There's art and there's fart.Some people can't tell the difference.
ReplyDeleteI appreciate the value of the work,but I still like my art to be beautiful.
Right. And no way that I would be paying 10.000.000 bucks for an ugly picture like that. That's ridiculous.
ReplyDeleteALL I can say is put a baseball cap on it and it will be an improvement for Dave...Dave could use it for a stand-in,nothing moves,it would be fun trying to pick out the real Dave..hahahaha
ReplyDeleteAnd nobody would notice a difference....LOL
ReplyDelete