Boom (ctd.)

November 15 2012

Video: Christie's

Alas, Sotheby's excitement at their highest auction total ever ($375m) was short-lived. Last night Christie's New York contemporary art sale fetched a record total of $412.2m. The top lot was, inevitably, a Warhol, the Statue of Liberty silkscreen featured in the video above. Another Warhol, of Marlon Brando, made $23.7m. The fact that it last sold in 2003 for $5m gives you an idea of how crazy the art world is.

Carol Vogel in the New York Times says Christie's knew they were in for a big night, because:

...in addition to a great deal of interest in the sale from collectors around the world, Brett Gorvy, chairman of Christie’s postwar and contemporary art department worldwide, said there had been a record number of requests for sky boxes — those invitation-only spaces secreted a floor above the salesroom, where the superrich can watch and bid without being seen.

Yuk.

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