Los Angeles by David Hockney (born 1937) made £121,250 at Christie's. Picture courtesy Christies Images Ltd., 2012. (Click on image to enlarge).
Los Angeles by David Hockney made £121,250 at the Hockney on Paper sale at Christie’s, South Kensington, on February 17. The pencil, coloured pencil and coloured crayon work on paper, the top lot, had been estimated at £20,000-30,000. It is signed with initials, dated and inscribed Los Angeles 1967/DH. The auction brought in £1,399,400, selling 80% by lot and 85% by value.
Richard Lloyd, International Head of Department, and Alexandra Gill, Head of Department at Christie’s commented after the sale: “It is a rare pleasure to be able to curate a single-artist sale and we are thrilled with the results of the ‘Hockney on Paper’ auction which followed an exceptionally well-attended view. Strong bidding was received across all channels with several works selling for many times over their pre-sale estimates. The success of the sale is a testimony to both Christie’s skill at organising these landmark sales and David Hockney’s versatility as a draughtsman.”
See post on antiquesandartireland.com for February 3, 2012.