New Record Auctions
David Bowie, Rolls-Royce and David Hockney have become the talk of the auction world with news of records being set in their auctions.
Here, we take a look at some of the biggest stories coming from the auction world.
First David Bowie Recording Quadruples Estimate
A 1963 recording of David Bowie sold in auction for just under £40,000 (£39,360).
With an estimate of £10,000, the final hammer surprised onlookers after a fierce bidding war between two overseas bidders.
The 18-minute tape was discovered in a bread basket by David Hadfield, the drummer of the band when he was in his loft. Initially rejected, the 16-year-old Bowie would leave The Konrads and go solo 6 years later.
Trivia - Bowie was the saxophonist before singing vocals for the tape.
Rare 'RR1' Numberplate Sells for Over £450,000
The owner of a Rolls-Royce has joined an ultra-exclusive club when they purchased the 'RR1' number plate to adorn their luxury vehicle.
The auction was held at the Goodwood Revival where the plate sold for £460,000. This price is remarkable because it's over £100,000 more than a Rolls Royce Phantom!
Trivia - The numberplate become the most expensive plate ever when it sold for £4,800 in 1968.
In truth, this isn't the most expensive number plate sold at auction. That record belongs to '25 0' which sold in 2014 at a Government auction for £518,000.
In other news, the most expensive lot of the day was a 1964 Shelby Cobra which sold for £1,359,000.
Record Estimate For Living Artist
David Hockney became the record-holder for the most expensive painting sold by a living artist.
His artwork (Pool with Two figures) received an estimate of £61m ($80m) and sold just over $90m! This is a far cry from his current record seller, the Pacific Coast Highway which sold for $28.5m in 2018.
The painting has been regarded as a masterpiece of the modern era and its 3-metre width makes it a massive standout.
The other records for a living artist:
- Jeff Koons - Balloon Dog sold for $58m in 2013.
- Gerhard Richter - Abstraktes Bild sold for £30.4m in 2015.
The painting will go on sale in November. Until then, it will be displayed in Hong Kong, London and Los Angeles.
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