3 min read

Pieces of Eight: The spirit of collecting, 31 for $45m and bidding starts on El Pelusa’s shirt.

Pieces of Eight: The spirit of collecting, 31 for $45m and bidding starts on El Pelusa’s shirt.

🎨 One of American artist Jackson Pollock’s signature “drip” paintings is poised to rank among Pollock’s most expensive works, after it returns to auction next month for the first time in decades.  “Number 31”is expected to fetch more than $45 million at Christie’s 20th Century Evening Sale auction on May 12 after remaining in the same private collection for more than 20 years, according to the auction house.    The painting last sold at auction in 1988 for $3.5 million.

🖌 A Picasso painting owned by Sean Connery is expected to fetch £15m (€18m) at auction, with the proceeds going to causes close to the actor’s heart, his family said the proceeds will help Scottish organisations working in areas he cared about, including sport and ocean preservation. The 1969 painting will be sold at auction house Christie’s in Hong Kong on May 26 and has been praised as one of the best of Picasso’s musketeer portraits.

Our Take: There are some wonderful pieces appearing at auction in the next couple of months, it seems a shame they aren't accessible to most collectors. As you know, showpiece are on a mission to make rare and iconic items accessible to all and after our collectors voted for art, we may just have our own announcement to make over the next couple of weeks. You may even be able to guess if you're a regular reader of Pieces of Eight. Feel free to send us your guesses, we'll offer a free Piece to the first person to guess correctly!

⚽️ An auction of the football shirt worn by Diego Maradona or 'El Pelusa' (The Fuzz) when he scored twice against England in the 1986 World Cup, including the infamous "hand of God" goal, kicked off Wednesday with a bid of over $5 million.   Sotheby's is selling the blue number 10 Argentina shirt in an online sale that runs until May 4.

🥃 A rare “forgotten” cask of whisky, bought for £5,000 more than 30 years ago, has sold for more than £1 million at auction in what is said to be a new world record.

Whisky enthusiasts from around the world placed bids on the 374-litre cask, distilled at The Macallan in 1988, in the online auction which ended on Sunday evening.

“To come across a cask of this age, quality and size is extraordinary in itself, enhanced by the fact the liquid was distilled at The Macallan which is reflected in the global attention the cask has attracted.  It’s been incredibly exciting for everyone at Whisky Hammer to have represented what has become the most expensive cask ever to be sold at auction.”

- Daniel Milne, co-founder and managing director of Whisky Hammer

Our Take: Retaining collectables can provide spectacular results, even if unintentional! Rarity and provenance are cornerstones of an items desirability and the only thing better than a documented history is a thick layer of dust! Had the owner been aware of of its existence they may have been tempted to sell countless times, long before it was one of kind which would no doubt have resulted in less demand.

That's it for this week, thanks as always for reading and if you have any comments please get in touch via hello@showpiece.com.

The Showpiece Team