Gay Art Auctions: Does the Label Help or Hurt an Artist’s Market?

Three separate auctions are creating a new LGBTQ art category.

David Wojnarowicz and Luis Frangella’s Untitled (Steak on a Plate With Warriors), from 1987.

As part of a commemoration of Gay Pride Month and the 50th anniversary of the Stonewall Riots, Swann Auction Galleries held its first ever Pride Sale on Thursday in New York.

The sale included a letter from Frederick the Great that sold for $281, a binder of 100 photos of “hunky bodybuilders” from the 1960s that sold for $1,875, and a photograph of the artist David Wojnarowicz by Peter Hujar that carried a high estimate of $25,000 and sold for $106,250, which is more than double Hujar’s previous auction record.