Friday, November 15, 2013

Art auction records hit new highs in New York

Christie's New York has staged the highest grossing auction ever with a postwar and contemporary art sale that brought in $691.6 million and set a new record for a publicly traded artwork with Three Studies of Lucian Freud by Francis Bacon, which sold for $142 million - 20 million more than Edvard Munch's The Scream. And Jeff Koons' sculpture Balloon Dog (Orange) fetched 58.4 million, an auction record for a living artist.
Image: Francis Bacon's Three Studies of Lucian Freud goes under the hammer at Christie's