Estimated to go for a high estimate of $700,000, it hammered for $4.1 million, meaning that with the promised gift from the two foundations, the work by Wood raised $20.5 million to protect a swath of the rainforest 40 times the size of Manhattan. The price with fees came to a record $4.9 million for the artist, but such a figure wasn’t a fluke spurred on by environmentally-minded collectors. The following day, M.S.F. Fish Pot #5 (2015) sold for $3.4 million at Christie’s Afternoon sale, and The Speller (2007) sold at Sotheby’s post-war evening sale for $1.7 million, indicating that the $4.1 million price the night before wasn’t completely an outlier.
In a serendipitous twist, another artist who saw her work sell for several times the high estimate last week was
, an artist who makes porcelain sculptures that often appear in Wood’s paintings—Kusaka and Wood are married. On Wednesday at the Phillips post-war and contemporary art day sale, a porcelain vase work, (square 36)
(2018), estimated at $3,000 to $5,000, sold for $25,000. On Thursday at the Christie’s post-war and contemporary art afternoon session, another stoneware work by Kusaka, (carved 39)
(2013), estimated to sell for between $8,000 to $12,000, sold for $52,000. And on Friday at the Sotheby’s day sale, the Kusaka stoneware vase (line 65)
(2017), estimated to sell for between $10,000 and $15,000, sold for $100,000. Say hello to a new art market power couple!