{"id":14005,"date":"2014-05-13T15:55:55","date_gmt":"2014-05-13T15:55:55","guid":{"rendered":"https:\/\/rehs.com\/blog\/?p=14005"},"modified":"2024-03-18T09:08:25","modified_gmt":"2024-03-18T13:08:25","slug":"an-experiment-in-hype-and-cash-surplus","status":"publish","type":"post","link":"https:\/\/rehs.com\/eng\/2014\/05\/an-experiment-in-hype-and-cash-surplus\/","title":{"rendered":"An &#8220;Experiment&#8221; in Hype and Cash Surplus"},"content":{"rendered":"<p>Last night Christie&#8217;s &#8220;experiment&#8221; was a <em>major success<\/em>, &#8220;If I Live I&#8217;ll See You Tuesday&#8221; featured 35 lots and brandished highly aggressive estimates. With works by hot contemporary artists along with blue-chip names like Warhol, Basquiat, and Koons, it is easy to understand why the salesroom was packed with big name collectors. Well sort of easy to understand&#8230; After all, we are talking about the likes of a 144 x 108 inch Damien Hirst that is made entirely of dead flies in resin&#8230; that&#8217;s a hell of a lot of bugs for one house. Perhaps Koons is more your style, and for just under $7 million you could have had a half filled fish tank that he put two basketballs in&#8230; Wait, what?!<\/p>\n<p>Here is an overview of the results but check out the full article for more details&#8230;<\/p>\n<p>-97% sold (34\/35)<\/p>\n<p>-$134.6 million (High Est. $124m)<\/p>\n<p>-$3.95 million (Price per lot sold)<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2014\/05\/13\/arts\/design\/at-christies-auction-an-experiment-proves-fruitful.html?ref=arts&amp;_r=0\"><img decoding=\"async\" class=\"alignnone\" src=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2014\/05\/AUCTION-superJumbo1.jpg\" alt=\"AUCTION-superJumbo1\" width=\"590\" height=\"472\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.nytimes.com\/2014\/05\/13\/arts\/design\/at-christies-auction-an-experiment-proves-fruitful.html?ref=arts&amp;_r=0\">At Christie\u2019s Auction, an Experiment Proves Fruitfu<\/a>l<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last night Christie&#8217;s &#8220;experiment&#8221; was a major success, &#8220;If I Live I&#8217;ll See You Tuesday&#8221; featured 35 lots and brandished highly aggressive estimates. With works by hot contemporary artists along with blue-chip names like Warhol, Basquiat, and Koons, it is &hellip; <a href=\"https:\/\/rehs.com\/eng\/2014\/05\/an-experiment-in-hype-and-cash-surplus\/?contemporary=N\">More&#8230;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[11],"class_list":["post-14005","post","type-post","status-publish","format-standard","hentry","category-rehs-contemporary","tag-rehs-contemporary-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>An Experiment In Hype And Cash Surplus<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/rehs.com\/eng\/2014\/05\/an-experiment-in-hype-and-cash-surplus\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An &quot;Experiment&quot; in Hype and Cash Surplus\" \/>\n<meta property=\"og:description\" content=\"Last night Christie&#8217;s &#8220;experiment&#8221; was a major success, &#8220;If I Live I&#8217;ll See You Tuesday&#8221; featured 35 lots and brandished highly aggressive estimates. With works by hot contemporary artists along with blue-chip names like Warhol, Basquiat, and Koons, it is &hellip; More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/rehs.com\/eng\/2014\/05\/an-experiment-in-hype-and-cash-surplus\/\" \/>\n<meta property=\"og:site_name\" content=\"Rehs Galleries\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/RehsGalleriesInc\" \/>\n<meta property=\"article:published_time\" content=\"2014-05-13T15:55:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-18T13:08:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/rehs.com\/eng\/wp-content\/uploads\/2014\/05\/AUCTION-superJumbo1.jpg\" \/>\n<meta name=\"author\" content=\"Lance Rehs\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lance Rehs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/\"},\"author\":{\"name\":\"Lance Rehs\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#\\\/schema\\\/person\\\/1af73bcc60ffc65ae3789309242c7168\"},\"headline\":\"An &#8220;Experiment&#8221; in Hype and Cash Surplus\",\"datePublished\":\"2014-05-13T15:55:55+00:00\",\"dateModified\":\"2024-03-18T13:08:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/\"},\"wordCount\":167,\"publisher\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2014\\\/05\\\/AUCTION-superJumbo1.jpg\",\"keywords\":[\"Rehs Contemporary - Art World News\"],\"articleSection\":[\"Rehs Contemporary\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/\",\"name\":\"An Experiment In Hype And Cash Surplus\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2014\\\/05\\\/AUCTION-superJumbo1.jpg\",\"datePublished\":\"2014-05-13T15:55:55+00:00\",\"dateModified\":\"2024-03-18T13:08:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#primaryimage\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2014\\\/05\\\/AUCTION-superJumbo1.jpg\",\"contentUrl\":\"https:\\\/\\\/rehs.com\\\/eng\\\/wp-content\\\/uploads\\\/2014\\\/05\\\/AUCTION-superJumbo1.jpg\",\"width\":2048,\"height\":1639,\"caption\":\"AUCTION-superJumbo1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/2014\\\/05\\\/an-experiment-in-hype-and-cash-surplus\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"An &#8220;Experiment&#8221; in Hype and Cash Surplus\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/rehs.com\\\/eng\\\/#website\",\"url\":\"https:\\\/\\\/rehs.com\\\/eng\\\/\",\"name\":\"Rehs Galleries\",\"description\":\"Offering and acquiring high quality paintings in excellent condition. 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