Artwork Title: Red House - Artist Name: Peter Doig

Red House

Peter Doig

The top lot of the night, Peter Doig’s Red House (1995—96), was touted as a possible record breaker after the house set Doig’s auction record in May. It fell short of that achievement, but did sell close to the high estimate, for $21.1 million, amid applause. The work went to a telephone bidder on the line with Phillips’s co-chairman, Cheyenne Westphal. [https://news.artnet.com/market/phillips-tk-sale-brings-art-world-back-earth-1152287] Doig created the painting shortly after he was nominated for the Turner Prize in 1994... Jean-Paul Engelen, the auction house’s worldwide co-head of contemporary art, told artnet News that Red House has all the ingredients for a record-setting Doig. “It has architecture, landscape, it has memories of Canada, and it comes from a pivotal period,” he said. When Doig created this work in the mid-’90s, he was transitioning from the thick impasto that defined his earlier work to more delicate compositions. Red House also has size on its side. “It’s very rare for big paintings [by Doig] to come to the market,” Engelen said.... Doig’s prices have seen a steep incline in recent years. The artist’s top 10 auction prices, according to the artnet Price Database, have all been set since 2013. “It’s really amazing how global the interest in Doig is,” Engelen said. With Rosedale, interest “really came from America, Asia, and Europe, and we’re seeing the same thing again. It’s always difficult to predict if it will break the world record or not, but I’m convinced we’ll see multiple bidders.” [https://news.artnet.com/market/peter-doig-red-house-phillips-1126715]
houselandscape

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