The auction has already caught the eyes of several bidders who have raised their virtual paddles on items since its Jan. 23 start date. And in good news for Brooklyn, a portion of Paddle 8’s "Forecast 13" auction sales will benefit Brooklyn Academy of Music.
“We see Brooklyn at the forefront of cutting-edge art,” said Paddle 8 project manager Gabriel Butu. “And BAM is in the vanguard of pushing boundaries in the art world.”
Paddle 8, founded in 2011, consigns artwork from galleries, collectors, institutions or “individuals who stumbled upon a gem in their attic.” Their fully virtual auction platform provides a low-cost model for buyers and sellers, and because of additional funding from the venture capital fund Founder Collective, Paddle 8 is able to donate a percentage of each of its auctions to nonprofits.
"Forecast 13" includes some of the greats such as Claes Oldenbburg’s "Typewriter Eraser, 1970," Takashi Murakami’s "Jellyfish Eyes Black 3 & 5," Jeff Koons’ "Flower Drawing," Richard Prince’s "Cowboys and Girlfriends," Lucio Fontana’s "Concetto Spaziale Rosso, 1968" and Diane Arbus’ "South Bay Singles: Couple on a Chaise Lounge, 1970."
In total, 48 works are up for sale and starting bids range from $550 to $19,000. Final bids must be placed by Feb. 6.
To see a complete list of auction items or to place a bid visit the "Forecast 13" auction.