Highlights from the Lehman Auction
When Lehman Brothers filed for bankruptcy protection in 2008, among its assets was one of the most distinguished corporate collections of modern art in the world.
The collection was auctioned off on Sept. 25, 2010 by Sotheby’s, bringing in a total of $12.3 million.
Among the pieces to be were early works by many of the leading artists from the late 20th and early 21st centuries, including artists such as Damien Hirst, Gerhard Richter and Neo Rauch.
Click ahead for selected works from the auction, showing both their estimated sale price and actual one.
Updated Oct. 15, 2010
First posted Sept. 23, 2010
Stares (with Lamps)
Artist: John Baldessari
Sold for: $482,500
Estimate: $350,000-$450,000
Year: 1986
Shakespeare Actress
Artist: John Currin
Sold for: $362,500
Estimate: $500,000-$700,000
Year: 1991
Einbruch
Artist: Neo Rauch
Sold for: $542,500
Estimate: $400,000-$600,000
Year: 1999
Untitled (Swimmer No. 1)
Artist: Fang Lijun
Sold for: $374,500
Estimate: $200,000-300,000
Year: 1997
Untitled (Three-Tiered Perspective)
Artist: Mark Grotjahn
Sold for: $782,500
Estimate: $600,000-$800,000
Year: 2000
We've Got Style (The Vessel Collection - Blue)
Artist: Damien Hirst
Sold for: Not sold
Estimate: $800,000-$1.2 million
Year: 1993
Metal Jacket
Artist: Do-Ho Suh
Sold for: $362,500
Estimate: $300,000-$400,000
Years: 1992-2001
The jacket is composed of three thousand dog tags on US military jacket fabric liner.
The Long Way Home
Artist: Liu Ye
Sold for: $962,500
Estimate: $500,000-$700,000
Year: 2005
Untitled I
Artist: Julie Mehretu
Sold for: $1,022,500
Estimate: $600,000-$800,000
Year: 2001
Chaos
Artist: Takashi Murakami
Sold for: $134,500
Estimate: $150,000-$200,000
Year: 1999
Untitled
Artist: Richard Prince
Sold for: $212,500
Estimate: $300,000-$400,000
Year: 2003
Bank (Galvanic Suite)
Artist: Robert Rauschenberg
Sold for: $104,500
Estimate: $60,000-$80,000
Year: 1991
763-9 Abstract Painting
Artist: Gerhard Richter
Sold for: $506,500
Estimate: $200,000-$300,000
Year: 1992
Betty
Artist: Gerhard Richter
Sold for: $458,500
Estimate: $100,000-$150,000
Year: 1991
763-5 Abstract Painting
Artist: Gerhard Richter
Sold for: $506,500
Estimate: $300,000-400,000
Year: 1992