.Sothebys first hip-hop-themed auction achieved $2 million with 91 percent of all lots sold.
Sotheby’s closed on Tuesday evening its first auction dedicated to hip-hop, achieving $2 million with 91 percent of all lots sold.
The auction kicked off on Sept. 11 with a slew of artworks, art installations, fashion pieces and experiences, among others, for hip-hop acts in the Seventies, Eighties and Nineties, including Tupac Shakur, the Notorious B.I.G., Salt-N-Pepa, Slick Rick, Fab 5 Freddy, Big Daddy Kane and more. A portion of the proceeds went to benefit the Queens Public Library Hip-Hop Programs and Building Beats, a nonprofit organization focused on DJ and music programs.
The Wall of Boom, an art installation created by Roc Nation DJ and collector DJ Ross One, sold for $113,400. Additional works sold at the auction included Fab 5 Freddy’s gold and diamond MTV ring , Dr. Dre’s shiny red World Class Wrecking Cru “Rapped in Romance” suit , a complete run of Source Magazine , two Louis Vuitton x Supreme trunks , and unreleased Air Jordan IV sneakers for Drake .
Collectors’ interests long ago expanded beyond art and jewelry to include more consumer goods. For instance, Doyle New York is auctioning collector Jennifer Zuiker’s collection of Alexander McQueen couture and ready-to-wear.
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