filter_list Showing 7 results for "Drip" close Clear
search
dashboard All 8 trending_up market 7article local 1
date_range Range Today This Week This Month All
Subscribe

S.I. Newhouse’s 11-Foot-Wide Jackson Pollock Drip Painting Sells for Record-Breaking $181.2 M.

A Jackson Pollock drip painting, *Number 7A* (1948), formerly owned by media magnate S. I. Newhouse, sold at Christie’s on Monday night for a hammer price of $157 million, totaling $181.2 million with fees. The work, measuring nearly 11 feet wide, received over 60 bids in a 10-minute bidding war and set a new auction record for the Abstract Expressionist artist, surpassing the previous high of $61 million set in 2021. The winning bid was placed by a buyer represented by Christie’s global president Alex Rotter, with Swiss mega-dealer Iwan Wirth acting as an underbidder, possibly for collector Laurene Powell Jobs.

Sold-out Phillips auction in New York brings in $115.2m, more than double 2025 result

Phillips’s marquee spring auction in New York achieved a sold-out result, bringing in $91.73 million hammer ($115.2 million with fees), more than double the equivalent sale from a year ago. The top lot was Andy Warhol’s *Sixteen Jackies* (1964), which sold for $13.5 million ($16.2 million with fees), while a Jackson Pollock drip painting that had failed to sell in a previous auction found a buyer at $7.4 million. Fierce bidding occurred for contemporary works by artists with tightly controlled primary markets, such as Salman Toor, whose *Two Friends* (2020) surpassed its high estimate.

Phillips’ $115.2 Million Evening Sale Was a Testament to the Power of Pre-Planning and Priority Bidding

Phillips’ Modern & Contemporary Art Evening Sale on May 19 achieved a white-glove result, totaling $115.2 million across 41 lots—a 122 percent increase from May 2025. The sale saw strong performances from works by Lee Bontecou, Salman Toor, and Cecily Brown, with Bontecou’s 1985 pastel on canvas setting a record for a two-dimensional work by the artist at $4.2 million. Other top lots included Andy Warhol’s *Sixteen Jackies* (1964) at $16.2 million, a Monet landscape at $9.3 million, and a Joan Mitchell at $6.9 million. Notably, less than half of the lots were guaranteed, with Phillips’ Priority Bidding incentive—offering a 4 percent discount on buyer’s premium—contributing to the strong results, as more than half of the lots attracted such bids.

$181.2 Million Pollock, $107.6 Brancusi Million Sell at Christie’s, as Records Fall

Christie's New York auctioned 16 works from the collection of late media magnate S.I. Newhouse for a total of $630.8 million, far exceeding the $450 million estimate. The top lot was Jackson Pollock's "Number 7A" (1948), which sold for $181.2 million, setting a new auction record for the Abstract Expressionist and making him the latest artist to join the $100 million club. Minutes earlier, Constantin Brancusi's bronze sculpture "Danaïde" (1913) achieved $107.6 million, also a record for the Romanian modernist and the second-highest price ever for a sculpture at auction.

Nicole Kidman's Billion-Dollar Breakfast at Christie's

Christie's held a record-setting evening sale on May 18, 2025, that generated over $1 billion, featuring a promotional video starring Nicole Kidman. Jackson Pollock's drip painting "Number 7A, 1948" sold for $181.2 million, nearly tripling the artist's previous auction record, while Constantin Brancusi's bronze bust "Danaïde" (c. 1913) fetched $107.6 million, becoming the second most expensive sculpture ever sold. The works came from the collection of late magazine magnate S.I. Newhouse, and a Rothko from Agnes Gund's collection also set a new artist record at $98.4 million.

Pollock and Brancusi Join the $100 Million Club at Auction

A drip painting by Jackson Pollock sold for $181.2 million with fees, and a bronze head by Constantin Brancusi from the S.I. Newhouse collection fetched $107.6 million at Christie’s, both joining the $100 million club at auction.

Christie’s Auction Rakes in $1.1 Billion as Pollock Sells For Triple Record Price

Christie’s generated $1.1 billion in back-to-back evening sales on May 18, driven by record-breaking prices for major artworks. The top lot was Jackson Pollock’s 1948 drip painting *Number 7A*, which sold for $181.2 million with fees, tripling the artist’s previous auction record. Other highlights included Constantin Brancusi’s *Danaïde* (ca. 1913) at $107.6 million, Mark Rothko’s *No. 15 (Two Greens and Red Stripe)* (1964) at $98.4 million, and Alice Neel’s *Mother and Child (Nancy and Olivia)* (1967) at $5.7 million. The sales featured works from the collections of S. I. Newhouse and Agnes Gund.