05/28/2026
In a world of guarantees and irrevocable bids, what interests us are the lots that draw fierce bidding — we love old fashioned auction theatrics!
At Now & Contemporary Evening Auction, Yu Nishimura’s ‘Leaves Carpet’ (2017) was pursued by 11 bidders, selling for $998.4k against an estimate of $120–180k. Andy Warhol’s ‘Brigitte Bardot’ (1974) drew six bidders and set a record for the series at $24.8m (est. $14–18m). By contrast, Basquiat’s ‘Museum Security (Broadway Meltdown)’ (1983) sold for $52.7m—but on a single bid past its irrevocable bid of $45m.
Sotheby’s also had an incredible Contemporary Day Auction: $102.5m total, a 93% sell-through rate, and 60% of lots above high estimate. Day sales are the most predictable and useful profit centers for the big two auction houses, with much less risk than the evening sales. If the evening sale is Haute Couture (expensive, risky, occasionally loss-making), the day sale is perfume (reliable, high-margin).
1. Yu Nishimura ‘Leaves Carpet’ (2017) sold for $990.4k (est. $120-180k)
2. Andy Warhol ‘Brigitte Bardot’ (974) sold for $24.8m (est. $14-18m)
3. Roy Lichtenstein ‘Girl in Mirror’ sold for $6.22m (est. $5-7m)
4. Lucio Fontana ‘Concetto spaziale, Il cielo di Venezia’ (1961) sold for $16.5m (est. $10-15m)
📸 Courtesy of Sotheby’s