Led by the record-breaking sale of Jean-Michel Basquiats Untitled, the Sothebys auction house had a historic week that not only set record for the artist, but also shattered the $100 million mark. It was sold for $110.5 million making it the highest price ever paid at an auction for an artwork created after 1980 and a new record for an American artist.
This sale wasnt the only one making headline. From stunning jewels in Geneva to works by Pablo Picassos granddaughter, the auctions at Sothebys got better by the minute.
The Geneva sale, with over 90% of lots sold and two-thirds over the high estimate, broke multiple records, including an auction record for a Fancy Intense Purplish Pink diamond, which sold for $13.2 million, setting a new record price per carat at $1.9 million. The Apollo and Artemis Diamonds, offered separately, were purchased for a combined total $57.4 million, becoming the most valuable earrings ever sold at auction.
Another record was achieved when Kazimir Malevichs Suprematist Composition with Plane in Projection sold for $21.2 million, topping the Impressionist & Modern Art Evening Sale and eclipsing its high estimate.
Representing Picassos most celebrated styles, works from his granddaughter Mariana Picasso, received the rare honor of being White Glove with all 111 lots sold, adding up to a total of $10.3 million.
To see which other auctions broke records at Sothebys, click here
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