Wednesday, July 11, 2012
Record prices for Warhol, Twombly, Lichtenstein and Gerhard Richter at Sotheby's Contemporary Art Evening Auction
Tobias Meyer, this evening’s auctioneer and Sotheby’s Worldwide Head of Contemporary Art, said: "We are thrilled with tonight's total of $266 million, and especially with the results achieved for our top four lots, which set a record for Roy Lichtenstein, one of the strongest prices for Andy Warhol in some time, and a record for Cy Twombly. The top end of the market performed beautifully this evening due to a global demand for masterpieces that is almost unparalleled, and we saw a remarkable depth of bidding between $30-40 million."
A fabulous Francis Bacon and truly stunning Gerhard Richter were up for bid this evening - making the auction a true delight for all with a fabulous pre-sale margin that only Sotheby's seems to able to command. - Ecomanta