Strong%20demand%20for%20Pop-Art%20and%20Op-Art%20at%20Bonhams%20Post-War%20and%20Contemporary%20Sale

There was strong demand for Pop-art and Op-art works at Bonhams’ 33 lot Post-War and Contemporary Art sale in New York on 12 May which raised more than $3.5 million. Robert Indiana’s iconic work, LOVE outstripped expectations and fetched $653,000, racing past its high estimate of $250,000. The winning bid was placed in the room after a prolonged bidding war. The image is one of Indiana’s most recognizable and is still ubiquitous even half a century after its creation. Victor Vasarely’s hypnotic optical works sold well: OND-III, a 1968 acrylic on canvas, achieved $251,000, over two times its high estimate of $120,000; and Attam, a 1979 acrylic work realized $155,000, over 2.5 times the high estimate. Jeremy Goldsmith, Director of Post-War and Contemporary Art at Bonhams commented, “We saw competitive bidding for Robert Indiana’s LOVE painting,

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