Richard Prince Instagram works rising in value

Richard Prince’s controversial artworks based on Instagram images continued to demonstrate their popularity at the Phillips contemporary art evening auction last night.

Untitled (Portrait) 2014, sold within its estimate of £80,000 -120,000 for £98,500. At Frieze New York this May, The Art Newspaper reports, where they were for sale through Gagosian Gallery for $90,000. (c. £58,300).

The work, which measures 167 x 123.8 cm, is a characteristic example of the US artist’s series of works based on the image sharing app Instagram that have caused controversy about ownership and copyright.

It features a photograph that the artist has taken from another user’s Instagram account, blown up, and printed on a large-scale canvas.  The work was featured as part of a white-glove sale (meaning all works were sold) at Phillips that totalled £31.5m (est £24.1m-£36.2m), up from £14.9m this time last year.

Read more about these controversial images here and here.

Read Prince’s curious response here.

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