• Issue
  • Jul 01, 2022

Auction Report: The Great Plateau

ANDY WARHOL, Short Sage Blue Marilyn, 1964, acrylic and silkscreen ink on linen, 101.6 × 101.6 cm. Courtesy Christie’s Images, Ltd., 2022.

Auction prices in the first half of 2022 paled in comparison to 2021’s spectacular figures. With many big names—including Jean-Michel Basquiat, Yoshitomo Nara, Zao Wou-ki—achieving only expected or even rocky results, auctioneers are boosting their bottom lines with niche art-historical figures and feeding speculators’ demand for younger artists.