David Hockney Painting Could Fetch $12 million at Phillips – ARTnews.com

Phillips’ upcoming evening auction of modern and contemporary art in New York will feature a painting of a California house by David Hockney, valued at $ 12 million to $ 18 million. It will be among the top lots in the auction set to take place on June 23 at the auction house’s new headquarters on Park Avenue.

A Neat Lawn, created in 1967 as part of Hockney’s “California Dreaming”, shows a manicured green lawn in front of a concrete residential building with a sprinkler system spraying water onto the grass.

“A Neat Lawn is one of the prime examples of Hockney’s ‘California Dreaming’ paintings, long considered one of his greatest achievements,” said Robert Manley, vice chairman and co-director of 20th Century and Contemporary Art Phillips. The work was last sold at Christie’s in 2006 for $ 3.6 million, a record price for the artist at the time.

Since then, Hockney’s auction prices have skyrocketed. Portrait of an Artist (Pool with Two Figures), 1972, was sold for $ 90.3 million at Christie’s New York in November 2019, making it one of the most expensive living artists at auction. West Coast art collector and real estate developer Richard Hedreen sold another California scene, Nichols Canyon (1980), at Phillips for $ 41 million during the 20th century evening sale of the house and for contemporary art in New York in December 2020.

The Hockney will be featured in Phillips alongside Wayne Thiebaud’s Winding River (2002), which is expected to fetch $ 6 million, and Matthew Wong’s landscape painting Field in a Dream (2014-17), which is expected to fetch $ 1.5 million, come on the market.

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