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A Jean-Michel Basquiat Rarity And Banksy's Spray-Painted Flag Head To Frieze London 2025

Frieze London 2025 returns for its 23rd edition from October 15-19 in Regent's Park, featuring over 280 international galleries. Major auction houses are staging blockbuster sales during the week, including Sotheby's evening and day sales in partnership with Celine, Christie's 20th/21st Century Evening Sale and a trilogy of drawings from the Klaus Hegeswich collection, and Phillips' Modern & Contemporary sales. Highlights include a Jean-Michel Basquiat rarity, Banksy's spray-painted flag, a Francis Bacon portrait, a Picasso etching, and a Lucian Freud self-portrait estimated at up to $16 million.

by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art 2646123

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

Sotheby’s London Notches $63.3 Million Contemporary Sale, as Francis Bacon Portrait Soars

Sotheby's London held a contemporary evening sale on Thursday, totaling £47.6 million ($63.3 million), a significant increase from the £37.6 million ($49.2 million) achieved in the same Frieze-timed sale last year. The auction featured 27 lots, with a sell-through rate of 89%, and was led by Francis Bacon's *Portrait of a Dwarf* (1975), which sold for £13 million ($17.5 million), well above its high estimate. Tom Eddison, Sotheby's co-head of contemporary art, took the rostrum for his first marquee evening auction, guiding measured bidding that saw confident competition, including a cross-Channel contest for the top lot, ultimately won by Johan Nauckhoff for a client.