This month’s auction at Christie’s in New York on July 16 will provide contemporary art collectors an opportunity to acquire works by a number of prominent artists at discount prices. The Open House sale will feature such artists as Andy Warhol, Cindy Sherman, Robert Longo, and Gerhard Richter, among others. The auction will include pieces from renown art institutions such as the Museum of Modern Art and Chicago’s Museum of Contemporary Art with estimates as low as $2,000 and no reserve.
In a recent article in the LA Times Christie’s specialist in charge of the sale, Nathania Nisonson, indicated to Reuters that the upcoming auction presents a “terrific opportunity” for all types of collectors “to acquire works of art by some of the world’s most established artists at approachable price points.”
In addition to the low prices, the auction will offer collectors an opportunity to bid on several high-priced pieces, including Ruth Asawa’s 1962 untitled hanging sphere sculpture, which is expected to sell for $150,000. The Open House sale featuring a postwar and contemporary lineup of 175 works is expected to bring in a total of more than $1.5 million.