"An Amoako Boafo painting listed for sale in Phillips's upcoming modern and contemporary art day sale next week was consigned by actor and ARTnews Top 200 collector Jesse Williams, ARTnews has learned. The 2017 oil on paper work Red Dress measures 52 3/8 inches by 56 inches and depicts Thelma Golden, director and chief curator of New York's newly reopened Studio Museum in Harlem. It carries an estimate of $150,000 to $200,000."
"Boafo's market has cooled considerably from its Covid-era peak. The artist has had six works sell for over $1 million, with the record set at Christie's Hong Kong in December 2021 at $3.4 million. The most recent sale to hit seven figures happened at Sotheby's New York in May 2022 for the 2019 painting Tonica and Adia, which sold for $1.13 million. More recently, Boafo's paintings have sold more in the $100,000 to $300,000 range."
A 2017 Amoako Boafo oil on paper titled Red Dress, measuring 52 3/8 by 56 inches and depicting Thelma Golden, is consigned to Phillips by Jesse Williams with an estimate of $150,000 to $200,000. The work was shown in Boafo's 2022 solo exhibition Soul of Black Folks at the Contemporary Arts Museum Houston, where Williams is listed as lender; Phillips's lot listing states the current owner bought it directly from the artist. Boafo's market has cooled from Covid-era peaks, with earlier million-dollar sales giving way to more recent price ranges of $100,000 to $300,000. A previous work once in Williams's collection also appeared at Phillips in May 2024, and a spokesperson clarified a separate consignment was made by Williams's ex-wife.
Read at ARTnews.com
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