Analysis
Skarstedt Sells Over $40 Million on Art Basel’s First Day
![Andy Warhol, Self-Portrait (Fright Wig) (1986) Photo: Courtesy of Skarstedt. © 2014 The Andy Warhol Foundation for the Visuals Arts, Inc. DACS 2014 Andy Warhol, Self-Portrait (Fright Wig) (1986) Photo: Courtesy of Skarstedt. © 2014 The Andy Warhol Foundation for the Visuals Arts, Inc. DACS 2014](https://news.artnet.com/app/news-upload/2014/06/Andy-Warhol-skarstedt.jpeg)
Alexander Forbes
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New York and London’s Skarstedt Gallery topped artnet News’ tally of first day sales at Art Basel’s hometown fair. The gallery unloaded over $40 million worth of art. The monetary deluge was lead by Andy Warhol‘s 1986 silkscreen Self-Portrait (Fright Wig) (1986). The gallery reported an asking price in the mid-$30 million range.
The Warhol was flanked by other major sales, such as Georg Baselitz‘s painting Edvard in front of the Mirror (Munch) (1982), which carried a $3 million price tag. Richard Prince‘s You No Tell – I No Tell (1987), for which the gallery was asking $2.2 million also sold.