by Dr.Enozia Van Daele on May 19, 2013 at 10:07 pm News Lifestyle two major auctions in New York combined for week sales of the art world's richest ever, with development work at auction for more than $ 1 billion.
Christie won in more than 638 million dollars in its auction of art contemporary blockbuster Wednesday.
Its staggering haul included a record 58.4 million amount $ for a Jackson Pollock dripping, which smashed all records for the highest price for all the work to an art auction.
"We are delighted to announce a total unprecedented 638.6 million $ for the series from sale of post-war and contemporary of this week," said Brett Gorvy, official with Christie.
Sotheby's, meanwhile, had stellar global sales of 377.4 million $, including the sale of the book "Domplatz, Mailand" (place de la cathedrale, Milan) by the German painter Gerhard Richter for $37.1 million - a record for a living artist.
The other sensation for Sotheby was a work by American painter Barnet Newman, one of the leading figures of abstract expressionism, including "Onement VI" fetched 43,84 million $-the most ever for one of his paintings.
Gorvy said the record price "reflects a new era in the art market, in which collectors seasoned and new bidders compete at the highest level within a global market."
"Number 19, 1948," Pollock executed in his iconic style drip - painting with a sparkling silver, black, white, red and green mix, should sell between $25 million and 35 million $.
But he has pulled up to set a new auction high for the artist. The high auction price on the previous page for a Pollock was 40.4 million $ last year, although his paintings are said have sold for many more unconfirmed private business.
Meanwhile unique graffiti artist Jean-Michel Basquiat has also set a record, sailing beyond $25 million to 35 million $ estimate of Christie 48.8 million $.
It was the highest auction price ever for the young artist, who died in 1988 of a drug overdose of heroin in New York, 27 years old only.
Source-AFP
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