A 2018 painting by Avery Singer that sold for $2.1 million at Sotheby's New York four years ago returned to the block this week and hammered at just $190,000, a collapse of 91 percent in value before any selling costs. With the buyer's premium, the final price reached $243,200, far below its $600,000 to $800,000 estimate. The work, titled Kundry, is a pink-and-black composition depicting a stark, gridded room with a robotlike figure seated on a chair and leaning on a sword. Its title nods to the heroine of Richard Wagner's 19th-century opera Parsifal. The painting debuted in Days of the Week (Computer Pain), Singer's breakthrough solo show at Gavin Brown's Enterprise in New York in 2018, and exemplifies the airbrushed, seemingly computer-generated style that made the artist, now 39, one of the most sought-after young painters of the last decade. At her peak, Singer's market was formidable: her large-scale painting Happening set a record of $5.3 million in 2021, a year in which her total auction sales reached $21.5 million, according to the Artnet Price Database. Since then, the floor has fallen out. Kundry was withdrawn from a May 2025 sale when it failed to attract bids at a $1.4 million to $1.8 million estimate, and the artist's auction supply has dried up, with works frequently going unsold or being pulled. Last year, only one Singer work sold at auction, for $63,777. The painting appeared in Sotheby's Contemporary Curated sale featuring the collection of R.M. Stern. Its trajectory mirrors the wider reckoning in ultra-contemporary art, where collectors who bought at the 2021 peak are now accepting steep losses to exit positions. For market watchers, Kundry has become a defining data point in how quickly fortunes have reversed for the decade's hottest young names.