‘The Mainbocher Corset’ (1939) by Horst
The Financial Times features, in its “Collecting” section, a quick overview of the Photographs market. The featured sale is that of Bonham’s.
The art world was agog back
in 1999 when Gustave Le Gray’s
atmospheric image "Grande Vague, Sète"
fetched £507,500 at Sotheby’s in London to
become the world’s most expensive
photograph. Within eight years that record
had been broken no fewer than six times,
with Andreas Gursky’s "99 Cent II Diptychon" sold at Sotheby’s in February 2007 for £1.7m, and then Richard Prince’s "Untitled (Cowboy)" at $3.4m in New York in November 2007. But this Bonhams
sale shows that a six- or seven-figure budget is not necessary to secure a first-class image by a known name. Among the 150 lots here are photographs by David Bailey, Sebastiao Salgado, Horst P Horst, Herb Ritts and Norman Parkinson, all at relatively affordable prices.
For more on the article: Financial Times