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Thursday, May 17, 2007

Warhol Painting Sets Record

Warholcrash Thinking about chucking it all to become a professional artist? Could be lucrative, all you have to do is work 24/7 for years, become famous in your own time, die young, have an enormous body of work...oh, and be a genius:

NEW YORK.- This past evening, Christie’s Post-War and Contemporary Art sale became the most valuable auction ever in the category, and the second highest art auction in history at $384,654,400. The sale’s highlight was Andy Warhol’s epic Green Car Crash (Green Burning Car I) which sold for $71.7 million. Seventeen works sold above $5 million and 74% of the works sold above their pre-sale estimate. Buyers were 47% American, 19% European, 18% Asian and 16% other. Christie’s achieved the world record for any art auction when its November 2006 Impressionist and Modern Art Evening Sale realized $491 million. --artdaily.com

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