An impressive array of contemporary art is to go under the hammer in New York at Christie's highly anticipated Interiors auction over the course of January 8-9. US artist Kenneth Noland's (1924-2010) Greek Vision, currently the property of the North Carolina Museum of Art, is set to lead the sale, with a $50,000-70,000 estimate.
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Other notable works include Maquette, an angular sculpture by Kenneth D Snelson, that carries a presale estimate of $25,000-35,000, and Jennifer Bartlett's Funeral, an oil on canvas which has been valued at between $20,000-30,000.
During 2012 strong art sales were seen by the old masters, who featured surprisingly often and brought substantial sums. Raphael's Head of an Apostle became the most valuable drawing ever sold when it achieved £29.7m ($47.8m) at Sotheby's in December, while El Greco's Saint Peter sold during the same month for $1.3m - a 1,219% increase on its $96,698 presale estimate.
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Whether or not Kenneth Noland, Kenneth D Snelson or Jennifer Bartlett represent the Rapheals and El Grecos of the future is yet to seen, however contemporary art remains a boom sector, with 87% of the world's leading 200 art buyers investing in contemporary pieces, according to the 2012 Artnews 200 report.
Here at Paul Fraser Collectibles we have a pair of works by Damien Hirst in stock. Known for employing teams of underlings to produce his larger works, our two examples are all the more rare for having been hand-produced by the artist.