Asia Week Surprises
Acquavella wants a Geldzahler premium for its Hockney at ABHK; Saffronart gets $3.7m for Gaitonde; Sotheby's $45.7m Asia Week haul; Skinner sells $1000 cloisonne plate for $315k.
Acquavella’s $15m Hockney at Art Basel Hong Kong
Artnews announced that Acquavella galleries is bringing a 1985 portrait of Henry Geldzahler to Art Basel Hong Kong with a $15m price tag. Even assuming the painting would be sold for a 20-30% discount, the price would dwarf anything paid for a work in this style and from the mid-80s. In 2014, a 7-ft long 1…