On average, a successful first auction is when 50 percent of the value of the entire auction is sold but Gary Nader’s pulled in 80 percent on its first run with four of the most expensive pieces sold to top collectors from around the world. Nader’s sold a total of $17,137,300.00.
Highlights from the auction include:
Frank Stella “untitled” – sold for $600,000
Joaquin Torres-Garcia “Constructivo” – sold for $500,000
Fernando Botero “Self Portrait” – sold for $500,000
Wilfredo Lam “Butinantes” [Saque Adoras] [Les Saccageurs] – sold for $600,000
Roy Lichtenstein “Three Brushstrokes” – sold for $2.9 million
Pablo Picasso “Buste de Femme” – sold for $3 million
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