Auction buyers are catching on to African-American art
THE NEW YORK TIMES
By Scott Reyburn
LONDON — “I don’t need to tell you, sir, how great this is,” said Sotheby’s auctioneer Oliver Barker last Wednesday evening, leaning over his rostrum and trying to coax another eight-figure bid out of the New York dealer David Zwirner for Kerry James Marshall’s 1997 masterwork, “Past Times.” Moments later, Mr. Barker knocked the lot down to one of three telephone bidders for $21.1 million with fees. A wryly updated “fête champêtre,” showing black suburbanites relaxing in a Chicago park, had just set an auction high for any work by a living African-American artist. The painting was bought by the Grammy Award-winning rapper and music producer, Sean Combs, better known by his former stage names Puff Daddy and P. Diddy. [More]
By Scott Reyburn
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| Auctioneer Oliver Barker, taking bids at Sotheby’s for Kerry James Marshall’s painting “Past Times.” It was eventually sold for $21.1 million with fees. Credit Sotheby's |
