Anyone else notice that Rhizome’s four-piece Paddle8 auction has already raised over $35,000? The auction supports their Seven on Seven Conference, for which they seem to have so shortage of support. That’s in no small part due to Petra Cortright’s “krakow_1.psd”, a digital painting on aluminum estimated at $3,500. The top bid for that painting is currently at $17,500 after 29 bids. The auction still has two days left.
Michael Manning’s “3 Pastrami Egg Rolls” performs well here too. The digital squiggles on canvas are valued at $10,000 with a current bid of $14000. That’s after 11 bids. Jeff Baij and Chris Coy both have bids on their work, but aren’t experiencing the same swiftness of bidding yet.
All this reminds me a little of The Kitchen’s 2010 auction benefit, in which the organization took home 94k on a then-unknown Jacob Kassay mirror painting with an estimated value of between $2,000-$8,000. This is a different scenario, in that Cortright is much better known than Kassay was, and we’re not at such high numbers. But, this is a group of artists whose prices are skyrocketing, so you never know. The auction still has two days to go.