Christie's New York has announced First Open, an auction of Post-War and Contemporary Art to take place on March 10. The daring and innovative sale is robust with key works ranging from blue-chip artists such as Andy Warhol and Robert Rauschenberg to stand-out auction newcomers, including Ion Birch and Michael Scoggins.
First Open is geared toward both new and seasoned collectors, thus estimates for works of art in the auction range from the accessible to aspirational. There are relatively affordable works on offer, some of which should make good investments.
Merce Cunningham's Diptych No 6, for instance, has an estimate of $1,500-$2,000, while at the top end, Untitled, a seminal work by Rudolf Stingel has an estimate of $300,000-$500,000. First Open is expected to generate upwards of $8m with 316 lots.
The sale will be led for the first time by Sara Friedlander, who was named Head of First Open in January 2011. "First Open is the perfect opportunity to begin collecting Post-War and Contemporary Art, while seasoned collectors can bid on formidable pieces that will continue to accrue in value," noted Friedlander, who has been with Christie's in Post-War and Contemporary Art since 2006.
"We are seeing strength and continued value in works of art and are looking forward to kicking off the spring season with a spectacular sale."
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