Auction market set for a shake-up
The Citizen|November 18, 2024
With a René Magritte painting estimated to sell for nearly $100 million (about R1.7 billion), a drawing by pop artist Keith Haring, and a rather gnarly banana, New York's auction houses will try this week to shake up a stale market.
Auction market set for a shake-up

The sale of Magritte's Empire of Light (L'Empire des lumières), which will go under the hammer tomorrow at Christie's, will be one of the high points of the autumn season.

The seminal 1954 work is one of a series of paintings from the Surrealist master, depicting the interplay of shadow and light.

Its estimated price is $95 million, which would easily shatter the previous record for a Magritte at $79 million in 2022.

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