When artist Nelson Diaz put three paintings up for auction this week, I was a bit worried. Pushing two paintings in one week seemed difficult enough, but three seemed aggressive. As of yesterday, none had a bid of more than $1. I have a lot of confidence in Nelson and in this project, but I was a bit frightened. What if they only went for a buck each?
Well, it looks like I was getting ahead of myself. The action has picked up today. Prices on all three paintings have shot up. Self-Portrait with Pipe, 2008 #7 is up to $100, reflecting just one day’s action. #8 is now at $76, and #9 just made it to $81.
And, the auctions have three days left.
Historically, the action has come on the last day of the auction, so these paintings could wind up north of $400. Nelson’s goal has been to keep the auctions under $300, to make sure they remain affordable. But, my sense from the auction action is that these bidders are pretty committed.
The most recent bids on all three paintings have come from the same person, obviously interested in portraying them as a tryptich (reminiscent of Bacon’s work). The hat-trick could be spoiled though, as that bidder now has only two of the three. But, there are a few days left until the auctions conclude.
[Note: the paintings in the photo are not up for auction]