Underbidders' Delight: LiveArt Matches for March Sales

It takes two bidders to make a good price but only one buyer gets the work. LiveArt's inventory follows the sales.

Marion Maneker

Fri, Mar 04, 2022

Underbidders' Delight: LiveArt Matches for March Sales
LiveArt Auction Matches for March 2022

This week in London two different works by Elizabeth Peyton sold well in the auctions. One was a portrait of artist Martin Creed that made £655,200 at Sotheby’s. The other was a work on paper from 1998 that sold for £94,500 at Christie’s. A collector following the sales learned that LiveArt had “Flowers, Flowers and Palace Bridge #1” on the platform listed for $90,000. The collector bought that work without delay.

With that in mind, we’re going through last week’s auctions with to match some successful lots with works that are available on the LiveArt platform.

Hilary Pecis sold two works in the London sales. “Fish and Bird” made a new record for the artist when Sotheby’s sold the work for well above the $135,000 low estimate to make $1,282,727. Christie’s also sold a 2015 work, “Kitchen Counter,” for a slightly smaller premium to the estimate at $342,968 against an $80,000 estimate. LiveArt has a 2019 painting by the artist listed at $500,000. Contact us for more information on the work.

Javier Calleja’s portraits continue to gain traction on the market. Sotheby’s promoted the artist to the Evening sale and was rewarded with a $1.148m sale for “Don’t take it all to heart” from 2018. Christie’s put Calleja in the Shanghai sale, Calleja’s market having grown substantially in Asia. They too were rewarded with a strong $940,225 sale. The LiveArt Market has “Oh Oh #2” from 2017, a work on paper, with an asking price of $420,000. You can access that work through LiveArt or contact us for more details on the work

Isshaq Ismail, another of the newly prominent artists from Ghana. Ismail had two strong sales in London. One at Phillips where “Failure and Possibilities” from 2018 made $222,929. Another at Christie’s, “Unknown Faces No. 3” also from 2018 that made $188,632. Those works are matched by two private listings on LiveArt for asking prices of $115,000 and $70,000.

Kwesi Botchway’s second auction sale at Phillips was a very strong $188,632 for the striking “The Apprentice Bench” from 2020. LiveArt is listing a portrait from the same year for $150,000.

Strong sales continue for Ivoirien artist Aboudia who saw three works sell in London for prices ranging from $120,039 to two works at $154,335. LiveArt has an earlier work from 2017 listed for $100,000.

For more information on any of these works or just to learn more about how to buy or sell through LiveArt, please contact us here.