Keith Haring’s Totem sculpture could achieve $117,500
Keith Harings Totem sculpture could achieve $117,500
Keith Harings Totem sculpture was executed two years before his death
Totem, a sculpture by Keith Haring,is expected to make 50,000-70,000 ($84,060-117,684) when it comes to auction at Phillips London on June 12.
The 1988 piece is one of an edition of 35 and features a signed plaque on the reverse. Another example from the same edition sold for $74,500 at Christie's New York in 2012.
Keith Haring produced Totem in 1988
Haring (1958-1990)rose to international stardom in the 1980s with his signature graffiti-inspired works that addressed the socio-political issues of the day, from gay rights to the AIDS and crack epidemics that ravaged his adopted New York.
His record remains $2.5m for a mixed media work that sold at Christie's in 2007. He is consistently undervalued when compared to contemporaries like Jean-Michel Basquiat and Andy Warhol, whose works regularly achieve sums in the eight figure range.
In April last year, Ringed Figure (1987) sold for $166,689 at Sotheby's Paris.
Pablo Picasso's Blind Minotaur Guided Through a Starry Night by Marie-Therese with a Pigeon, a screen print executed in 1934, carries an identical estimate of 50,000-70,000 ($84,060-117,684).
The surreal work is one of an edition of 250 taken from the Vollard Suite - the series of neoclassical etchings Picasso made for dealer Ambroise Vollard.
We have this signed photograph from Pablo Picasso available.
Love art? Sign up here to get our free newsletter delivered straight to your inbox.