OTYI Post #12: Warhol & Rothko Each Fetch Over 70 Mill For Single Works

Not too shabby, eh?

Reuters is reporting that yesterday, at a Christie's auction, Andy Warhol's "Green Car Crash (Green Burning Car I)" sold for 71+ million dollars while Mark Rothko's "White Center (Yellow, Pink and Lavender on Rose)" went for close to 73 million bucks. Both of these totals are not only record-breaking for each artist, but record-breaking for Christie's as well. The Rothko piece is the single most costly piece of art ever sold, anywhere to this date, period.

Though the buyers for the pieces are unknown, New York magazine speculates: "Indeed, internal speculation is that two of the four bidders, if not the winner, were Russian. (Rothko was actually born Marcus Rothkowitz in Dvinsk, Russia, in 1903.) Sotheby's had given a hard sell on the painting to buyers who bid on behalf of an art-collecting suite of Russian vodka, metals, and oil oligarchs. Sotheby's auctioneer Tobias Meyer had even argued, perhaps implausibly, that the filmy abstract painting was about 'the immigrant experience.'"

MP3: Art Brut - Modern Art

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