Howard Hodgkin Master Work Exceeds £1m at Bonhams Post-War and Contemporary Sale in London

LondonOut of the Window, 2000, a fresh-to-the-market work by Howard Hodgkin (1932-2017), was the top lot at Bonhams' Post-War & Contemporary Art sale today (Friday 15 October) in London, achieving £1,150,750, more than double its pre-sale estimate of £450,000-650,000.

The 40-lot sale made a total of £5,267,420 with 74% sold by lot and 86% sold by value.

Bonhams Global Head of Post-War and Contemporary Art, Ralph Taylor, commented: "We are thrilled with the results of today's sale and especially to have achieved such a fantastic result for Howard Hodgkin's Out of the Window. Fresh-to-the-market after remaining in the same collection since its acquisition in 2001, it is a dazzling and vibrant display of Howard Hodgkin's work, which demands the attention of the viewer. Understandably it captivated the bidders in today's sale, going on to more than double its pre-sale estimate."

In 2000, Howard Hodgkin (1932-2017) was invited to exhibit ten recent works alongside the permanent collection of the Dulwich Picture Gallery in London. Searching for certain qualities in the predominantly 17th Century collection, his selected works, which included Out of the Window, emphasized the nature of painting itself – drawing attention to composition, color, speed and execution, even the traditional gilt framing.

Another highlight of the sale was Intersection (Copperhead) by Robert Rauschenberg (1925-2008), which sold for £982,750 against an estimate of £300,000-500,000 – a new world record for a work from the Copperhead series. The work, which dates from 1989, was from the celebrated series of paintings on metal created during Rauschenberg's Overseas Culture Interchange project known as ROCI. The project was an expression of his long-term commitment to human rights and was intended to spark a dialog and achieve mutual understanding through creative work.

Other highlights of the sale include:

Josef Albers (1888-1976), Homage to the Square: Study to Young Prediction, 1951. Sold for £586,750.

Banksy (B. 1975), Bomb Love, 2002. Sold for £562,750.

Zao Wou-Ki (1920-2013), Red Composition, 1962. Sold for £319,000.

Jaume Plensa (B. 1955), Shadows I, 2006. Sold for £300,250.

Zao Wou-Ki (1920-2013), Composition, 1962. Sold for £287,750.

15 October 2021


NOTES FOR EDITORS

Bonhams, founded in 1793, is one of the world's largest and most renowned auctioneers, offering fine art and antiques, motor cars and jewelry. The main salerooms are in London, New York, Los Angeles and Hong Kong, with auctions also held in Knightsbridge, Edinburgh, Paris, San Francisco and Sydney. With a worldwide network of offices and regional representatives in 22 countries, Bonhams offers advice and valuation services in 60 specialist areas. For a full list of forthcoming auctions, plus details of Bonhams specialist departments, please visit bonhams.com.

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