Profitable investment: the collector sold the painting for 23 million pounds

Profitable investment: the collector sold the painting for 23 million pounds

13 february 2020, 17:18
A source: © korrespondent.net
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Billionaire Joseph Lau put up at Sotheby's a painting "Splash", owned by the brush of David Hockney. The work sold at a price of 23 million pounds. For the previous owner, this sale was very successful – at the time he bought for 2.9 million pounds. Thus, the work, written in late 1966, was a profitable investment for Joseph Lau.

"Splash" refers to a cycle of works United by a single theme. The big splash is now in the Tate Gallery (London). "Little splash" is kept in the collection of another private collector. According to the author, he transmitted an event lasting two seconds on the canvas, having worked on it for two weeks. Today, David Hockney is one of the most expensive contemporary artists. One of his works with the double title "Portrait of an artist (a Pool with two figures)" was purchased last year for $ 90 million.
Photo © korrespondent.net

Photo © korrespondent.net
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