Even considering the addition of Loic Gouzer’s $78 million hybrid “Bound to Fail” sale on May 8, totals to date—total current Christie’s sales of about $400 million—are a fraction of what they were last year.
In comparison, last year’s “Looking Forward to the Past” sale raked in $705.9 million, followed several nights later by a dedicated Christie’s postwar and contemporary sale that was not far behind, with $658.5 million. The two-sale total amounted to a mind-boggling $1.4 billion.
The Basquiat buyer…
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