Sunday, September 25, 2011

AUCTION: Jennifer Aniston Sets Record Price for Glenn Ligon at Artists for Haiti Auction

Glenn Ligon, Stranger #44 (2011), oil, charcoal and graphite on canvas, 72 1/4 by 60 1/8 in.
Excerpted from:
Jennifer Aniston Sets Record Price for Glenn Ligon at $13.7 M Artists for Haiti Auction
Text by Dan Duray
Published September 22, 2011 on New York Observer web site 

Despite the massive hype leading up to the event, Ben Stiller and David Zwirner’s Artists For Haiti charity auction at Christie’s [held September 22, 2011] exceeded expectations with the 27 works offered selling for a collective $13.7 million, beating an earlier estimate of $10 million. Most pieces  exceeded high estimates, and four artists saw new record prices for their work at auction — Adel Abdessemed, Raymond Pettibon, Nate Lowman and Glenn Ligon, that last piece selling to Jennifer Aniston for $450,000. [Note: Chris Ofili's oil on canvas work Blue Smoke (Pipe Dreams) sold for $420,000.] The prices realized were all at hammer, as well, since Christie’s had waved its fees for the evening. 

At $450,000, Ms. Aniston beat Mr. Ligon’s previous record of $434,500, realized at Sotheby’s in September 2010.

Director and Chief Curator of the Studio Museum in Harlem, Thelma Golden 
and artist Glenn Ligon in front of Stranger #44
Photo by Michael Plunkett/
Via Us magazine web site.

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