tebop opened this issue on May 15, 2007 · 86 posts
AnAardvark posted Wed, 16 May 2007 at 2:54 PM
Quote - " Mark Rothko's painting was sold by philanthropist David Rockefeller
**The auction record for post-war art has been smashed twice in one night.**Francis Bacon's portrait Study from Innocent X fetched $52.6m (£26.5m) at Sotheby's in New York - almost double the previous high for a Bacon work.
That was followed by a price of $72.8m (£36.7m) for US abstract artist Mark Rothko's 1950 work White Center (Yellow, Pink and Lavender on Rose). "
I need to find the buyer so I can sell them the Brooklyn Bridge, LOL.
I like it. One reason for the high prices for major works of art is that there just is very little movement of it, and many of the sales are private, between multi-billionaires. For example, there has been exactly one Vermeer which has come on the open market in 80 years.