Christie’s, the big art peeps, threw a cool art party in New York. But, guess what? It didn’t go as smooth as they wanted. The whole thing was about art from now, and they made $88.4 million, not the $96 million they hoped for. Even with extra stuff, they only got $107.5 million from selling 42 pieces.
Some Wins, but Not Enough
In the middle of the art chaos, they did really well for four artists: Jadé Fadojutimi, Jenna Gribbon, Jia Aili, and Ilana Savdie. Still, it was kinda meh because lots of fancy art didn’t even get the lowest prices they thought.
Heroes Turned Zeros
Even the big shots like Cy Twombly and Jean-Michel Basquiat didn’t hit the jackpot. Cy Twombly’s painting, “Untitled (Bacchus 1st Version II),” was supposed to make $25 million but only made $20 million. Basquiat’s 1981 masterpiece made $10 million, the lowest they thought.
Looks like the art game is different now. The rockstars from about ten years ago, like Jeff Koons and John Currin, aren’t making as much money. Instead, it’s the new faces, especially girl painters, who are in the spotlight.
New Bosses in Town
Artists like Jenny Saville, Jadé Fadojutimi, and Jia Aili are breaking records, selling their art for lots of money. It’s like a big sign saying, “New artists are cool now.”
But wait, there were some surprises at the art party. Paintings by Stefanie Heinze and Sanya Kantarovsky sold for way more than anyone thought. And get this, a funny painting by Robert Colescott, showing Black figures in a Van Gogh painting, made $3.9 million, just what they thought.
In a Nutshell
So, Christie’s art party didn’t go like they wanted, but it told us some cool things about art. It’s like the new faces and cool artists are taking over from the old ones. Watch out for these new artists, they might be the next big art stars.