Dubuffet Market Remains Selective As It Moves Forward at the Top

This market analysis is available to AMMpro subscribers. Monthly subscriptions begin with the first month free. Subscribers are welcome to convert their monthly subscriptions to yearly at any time. Feel free to subscribe and cancel before the end of the first month if you’re not satisfied. AMMpro subscribers also have access to our No-Fee Brokerage. Sign up for AMMpro here.

Christie’s is making a play to continue the chugging market advance of works by Jean Dubuffet. Over the last two years, works sold at auction have achieved the top 6 prices for the artist’s work. In fact, 13 of the top 20 prices have been achieved since 2014.

In March, the London sales will feature this work from 1963 that Christie’s is touting as a pivot between the Paris Circus series, which attracted the top two prices in 2015 and 2016, and theHourloupe works that so many recognize as the artist’s mature work. Given the spectacular results for the Paris Circus works—both made just under $25m with the top price achieved by the first one to come to market (reportedly sold by Steven Cohen)—Christie’s work isn’t estimated anywhere near the record price. But if it succeeds, Etre et Paraitre will be the third highest priced work by the artist to be sold publicly.