The Phillips de Pury contemprary evening auction brought in a total of $4,324,900 last night. Tauba Auerbach set an artist record for Binary lowercase, from 2006, which sold for $86,500. Cindy Sherman’s Untitled #426 was the top lot of the night, selling for $446,500. That busted Maybach from the Jay-Z and Kanye West Otis video that kicked off the sale, however, didn’t do so hot.
It had an estimated price of $100,000 to $150,000 and sold far below that, for just $60,000. Let’s keep in mind the usual price range of these things: a regular old Maybach 57, the model used in the video, retails for about $375,000. The particular Maybach in the video has no doors and is missing a bit of the roof, but it still seems like somebody got away with a steal on this one. The ultimate takeaway here is: congratulations, Ms. Auerbach! Your art is officially worth more than the finest in German luxury sedans.