Art Market Watch
May 8, 2006NEW PHOTO RECORD FROM REFCO SALEThe schedule of spring auctions in New York City is so packed full that
Christie’s scheduled the evening sale of the
Refco Collection of Contemporary Photography at 5 pm on Friday, May 5, 2006. The 41 lots sold for a total of $5.37 million with 98 percent finding buyers, doubling presale expectations. Top lot was
John Baldessari’s
Beach Scene / Nuns / Nurse (with Choices) (1991), a group of five framed color photos -- including two praying nuns, a Red Cross nurse, and a some body builders (could that be
Arnold Schwarzenegger?), all with Baldessari’s trademark circles of color blotting out their faces -- that sold for $744,000 (est. $150,000-$200,000), a new record for the artist. The buyer was
L&M Arts, according to the
Baer Faxt.
...more
