An untitled canvas by the industrial artist Jacob Kassay has sold at Phillips' auction entitled Under the Influence on April 11 in London.
 Kassay's work is hot among collectors, as an emerging artist that has established a strong reputation |
The work achieved a 34.7% increase on its $90,000 high estimate, selling for $121,250.
Kassay is a 28 year old emerging US artist whose silver paintings have seen much critical acclaim, propelling him into the limelight.
A similar piece to the example at auction sold for $290,500 at Phillips de Pury in 2011, suggesting that Kassay could be one to watch for future investment.
Those wishing to invest in more established artists will want to view our Art & Photography for sale, which includes pieces by the ever-lucrative impressionists Monet and Renoir.
