Thuesday evening Sotherby reached a new sales record: $375.205.000. It is the largest amount ever gained from the sale of art in the history of the auction house.

Mark Rothko’s No. 1 (Royal Red and Blue) was the most expensive piece of art sold at the auction. It was sold for the impressive amount of $75.122.500.

Furthermore, sales records were reached for art pieces by Jackson Pollock, Franz Kline, Hans Hofmann, Arshile Gorky, Robert Motherwell, Wade Guyton, paper-works by Andy Warhol and Takashi Murakami.

Tobias Meyer, Worldwide Head of Contemporary Art Sotheby’s, makes a statement regarding this specific auction: “Tonight’s record results bring our 2012 total to well over $1 billion, and we still have tomorrow’s Day auction, as well as our upcoming sale in Paris. The Rothko was the undisputed highlight of the evening, surpassing the Rockefeller Rothko to become the second highest price ever achieved for the artist at auction. The wonderful consignment from the Collection of Sidney and Dorothy Kohl brought more than $100 million, led by the Jackson Pollock, which sold for $40.4 million, well above expectations. If you are looking for evidence that today’s market is alive and well, look no further.”

Read more about todays art scene.


One thought on “New sales record at Sotherby!

  1. Pingback: Sotheby’s profits drop by 58% over nine-month period | Toxique Magazine

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