Monday, November 28, 2016

See this Art Work by Njideka Akunyili Crosby that Sets A New Auction Record In New York

A new auction record was set for the Nigerian-born artist Njideka Akunyili Crosby in New York last week when “Drown” soared to sell for $1,092,500, over three times the high-estimate ($200,000-$300,000), in Sotheby’s Contemporary Art Evening Sale.

No fewer than 11 bidders competed for the work that was eventually sold to an anonymous buyer on the telephone. This was the second time in less than two months that the auction record for Njideka Akunyili Crosby had been broken at Sotheby’s. The previous auction record for the artist was $93,750, set by her “Untitled” work from 2011 at Sotheby’s New York in September 2016.

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