Skip to comments.Artist Tracey Emin whoops as her "My Bed" fetches over $4 million
Posted on 07/03/2014 4:07:57 AM PDT by Dr. SivanaEdited on 07/03/2014 6:53:54 AM PDT by Admin Moderator. [history]
(Reuters) - Tracey Emin's "My Bed," complete with cigarette butts, crumpled sheets and underwear, sold for 2.5 million pounds ($4.25 million) on Tuesday, a record for the artist, who was present at the auction and applauded and whooped delightedly.
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The auction house said it was very rare for an artist to attend an auction, and it demonstrated the connection Emin felt to the highly personal work.
The price reached for Emin's work, described by the auction house as an iconic piece of 1990s British art, quadrupled her previous sale price record, but Christie's said the market was not overheating.
"There is a very discerning element to this market. It's not a frothy market. People are really making distinct choices. Its a very subjective response to works," Brett Gorvy, Christie's international head of post-war and contemporary art, said after the sale.
A painting by Peter Doig, the huge oil "Gasthof," sold for 9.9 million pounds, beating the estimated price of 3 million to 5 million pounds, and beating a record set the previous day for one of the Scottish artist's works.
Around 190 bidders from 28 countries took part in the auction, Christie's said, with interest from Europe, North America, the Middle East and Asia.
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All the buyers from the auction chose to remain anonymous, meaning Emin will have to wait to find out whether her Turner short-listed work will end up in a museum, a wish she expressed the week before.
"My Bed," auctioned for the first time, was sold by the Saatchi Gallery Collection.
Apparently, the sale of ‘this’ gives unquestioned credence to the belief that money does not necessarily translate into sense.
Idiocy on high parade.
“Fool and his money.....” comes to mind.
There is something else going on here. No one in their right mind would pay over $4 million for that. No intelligent person would even consider it a work of art.
My guess is some kind of fraud or some other other dishonest activity.
Or maybe she just has really rich relatives.
Just another day of laundering money, nothing new here.
...or “one is born every minute”. -P.T. Barnum
I just don’t understand.
Well, it might be kinda of cool if Tracey just stays with the bed, snarling at anyone who approaches, as she is in the picture.
Modern art scene = drug money laundrying
kinda looks like my bed, if you take away the cigarette butts... shoot—i’ll part with mine for 1 million dollars...
This week’s sign that the Apocalypse is indeed upon us..
1 million dollars! Any takers?
You may have to pose with it and have a scowl on your face.
Saw pictures of her. She was definitely rode hard and hung up wet.
You’re not missing a thing. The people who pay a million bucks for dirty sheets in order to consider themselves sophisticated... they’re the ones missing things. Namely brain cells.
I went to Glassel Art School in Houston a few years ago. Someone got the bright idea to take their grandfathers old messy garage, paint everything in it bright red and re assemble it at Glassel.
There were a few other things like that that were touted as “art”.
I think that is when I decided it was time for me to move on and just paint the way I wanted to and I am still doing it.
I’ve got one of those for sale sans cigarette butts but with a Chuhuahua under the sheets. I’ll take $100,000 including the Chuhuahua. :-)
Yes, but can you prove it was ART when you made it? That’s the whole difference I think. :o)
Wow, my step daughter’s room must be worth a lot...