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Star Lots: With an unpublished estimate in the region of $50 million, Jean-Michel Basquiat’s In This Case (1983) features one of his signature raw skulls. It hails from the collection of Italian fashion magnate Giancarlo Giammetti, co-founder of Valentino. It used to hang in his New York City apartment, where it was photographed above his dining room table in an Architectural Digest spread. The run-up in value is eye-popping.
Star Lots: A major turn-of-the century Claude Monet painting, Waterloo Bridge, effet de brouillard (1899–1903), will be offered with an asking price of around $35 million. The work hails from the artist’s “Vues du Londres” series, which he began in 1899. Perched on a balcony at the Savoy Hotel, the artist depicted a panoramic eastward vista that recedes toward the factory-dense South Bank beyond. In May 1999, it sold at Sotheby’s New York for $9.3 million.
There is no more important moment than the present. Contemporary art is a way to engage with the ideas and concerns of our own times. Artists working today explore and open up concepts and experiences which amplify our sense of being alive in the here and now. They make proposals and give visual form to ideas relevant to our lives now in a diverse range of formats which extend far beyond conventional historic art forms like painting and sculpture.