Update – Art
Last week, former Christie’s co-chairman Loïc Gouzer debuted his new app called Fair Warning. The artwork auction app sees a single piece of art auctioned off each week starting on Sundays at 5 p.m. EDT. Yesterday, Gouzer announced that the app sold Jean-Michel Basquiat’s Untitled (1982) for $10.8 million USD — a record for an in-app purchase of any item. Measuring four by six feet, the acrylic and oil stick Basquiat work was kept in Gouzer’s garage in Montauk, which he transformed into a climate-controlled viewing room. Interested buyers were allowed to view it in person.
For more news, yet another Yayoi Kusama exhibition has been postponed as a result of the ongoing COVID-19 lockdowns.