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

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.

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