The Coming Out Party: Breakout Sales for New Talent at Frieze

about 31 months ago (10/19/2021)

The Coming Out Party: Breakout Sales for New Talent at Frieze Flora Yukhnovih, I’ll Have What She’s Having (£60-90k) £2.3m An art advisor summed up the mood of the Frieze sales in London last week in a comment on Instagram . Observing the top lots at Sotheby’s Evening sale, the advisor wrote, “So it’s either a major Cy Twombly, OR … a Flora Yukhnovich … hmmm.” The advisor had purchased the Twombly work on paper for £2.8 million at slightly below the low estimate (the client was surely happy about that.) The chagrinned comment was because the Yukhnovich had made £2.2 million—which was more than 30 times the low estimate on a hammer-price basis.

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