O'Toole-Ewald March Newsletter
Artist Spotlight: David Hockney
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Part II of OTE's series of monthly newsletters focusing on some of the most important artists on the market today: Mark RothkoDavid HockneyFrank Stella and Roy Lichtenstein.
David Hockney, born 9 July 1937, studied at the Royal College of Art and later the Bradford School of Art, is considered to be one of the most prolific living British artists.

Although in retrospect it seems that British artist David Hockney’s work was known since his student days at the Bradford School of Art, few works from this period have achieved high prices at auction. An exception is the self-portrait from 1954, which sold for $643,094 at Sotheby’s London in February 2014. An example of the more typical prices for this earlier period is the 1955, Bradford Street Scene that sold at Bonham’s New York in July of 2008 for $31,106.

While beginning graduate studies at the Royal College of Art in London Hockney met R.B. Kitaj, Francis Bacon and Richard Hamilton since they were visiting artists at the college and began working in a more abstract manner related to the work of Jean Dubuffet. In 1963, at the John Kasmin Gallery in London Hockney’s Procession of Dignitaries in the Semi-Egyptian Style was sold in a one-man exhibition and in 1989 it sold again, at Sotheby’s New York, for $2,200,000. Another picture from the same sold-out Kasmin show was spoken for at Christie’s auction in February 2013 for $5,459,595.

In 1964 the British artist moved to sunny California which opened up a new art vista that brought in the intensity of sunlight on more schematized and patterned images wrought of acrylic paint. Hhis 1966 
Beverly Hills Housewife, a tranquil rendering of a blonde woman in a lilac gorn moving across a perfectly arranged living room, sold at Christie’s New York in May of 2009 for $7,922,500. Since then Hockney has returned to London to live. In the last five years all ten of his most expensive works at auction were painted in 1963 or later.  
Top-10 most expensive paintings of the last 5 years (according to artnet):

1. Great Pyramid at Giza with Broken Head from Thebes, 1693
    Christie’s London: Wednesday, February 13, 2013
    5,459,596 USD Premium
2.  Double East Yorkshire (in 2 parts), 1998
     Sotheby’s London: Tuesday, June 26, 2013
     5,277,479 USD Premium
3.  Swimming Pool, 1965
     Sotheby’s London: Tuesday, June 26, 2012
     3,912,619 USD Premium
4.  Green Tide (in 2 parts), 1989
     Sotheby’s London: Tuesday, February 10, 2015
     3,302,318 USD Premium
5.  Crayon Painting, 1978
     Sotheby’s New York: Wednesday, November 12, 2014
     2,965,000 USD Premium
6.  Table with Conversation (in 2 parts), 1988 
     Christie’s London:  Wednesday, July 2, 2014
     2,832,990 USD Premium
7.  30 Sunflowers, 1996
     Phillips de Pury & Company New York: Thursday, May 12, 2011
     2,546,500 USD Premium
8.   Hotel l’Arbois, Saint Maxime, 1968
      Sotheby’s London: Tuesday, February 15, 2011
      2,143,605 USD Premium
9.   Autumn Pool (Paper Pool 29) (in 6 parts), 1978
      Phillips de Pury & Company London: Wednesday, October 13, 2010
      2,105,575 USD Premium
10.  A Small Sunbather, 1967
      Sotheby’s London: Wednesday, June 26, 2013
      1,769,891 USD Premium
A B O U T    U S
OTE has been a leading authority in both fine and decorative art valuation since its establishment in 1932, and to this day continues to earn the trust of clients internationally.

We take great pride in our highly experienced team that includes experts in fine and decorative art, rugs, fine wine, jewelry, ceramics, and many other personal properties. OTE' specializes in Damage/Loss appraisals and estate valuations, which include artist estates such as
Andy Warhol, Jean-Michel Basquiat, and  Roy Lichtenstein 

Confidentiality, trust and transparency are benchmarks of OTE’s services and our clients may be assured that OTE specialists will help guide them through all steps of the appraisal process. 
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