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Courtesy of Christie's

Prices Rocket Back to Boom Levels At Christie's $99 Million Post-War and Contemporary Sale.

The top lot was a $17 million Warhol self-portrait, which touched off a heated battle between Jose Mugrabi and Larry Gagosian.

 

The red-hot Christie's evening sale of postwar and contemporary art on February 16 raced to $99,190,888 (£61,380,500), marking the highest London result in the category since June 2008 - the apex of the last art boom. The total annihilated Christie's $61.1 million result from the same sale last February.
The sale was powered in part by the previously unrecorded, six-foot-square Andy Warhol "Self Portrait" from 1967 that sold to Larry Gagosian for a staggering $17,441,892 (£10,793,250), over an estimate of £3-5 million. The sale featured 15 other offerings that broke the million pound mark, and 28 that hit over one million dollars.


For the rest of this article go to Artinfo.

 

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At Sotheby's London, Richter, Warhol, and Munoz Fetch Millions.
The Great Deitch Hope

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