What Happens When You Unexpectedly Buy That $20 Million Painting
- A guarantor was sole bidder for a Doig landscape last year
- The work is now being offered at Art Basel for $25 million
Just 15 months after Peter Doig’s “The Architect’s Home in the Ravine” fetched $20 million at Sotheby’s, the landscape is back on the market.
Displayed at the Gagosian booth this week at Art Basel with an asking price of $25 million, it’s one of the most expensive works at the world’s top modern and contemporary art fair.