New York, May 13: Buyers snapped up everything offered at Sotheby's holding's contemporary art auction last night, producing a USD 65.7 million sale and setting
auction records for 13 artists.
Many of the 58 works offered, including pieces by Roy Lichtenstein, Richard Diebenkorn, Andy Warhol, and Gerhard Richter attracted three or four bidders at a time.
The sale exceeded the USD 46.9 million to USD 65.4 million estimate set by the auctioneer. It fell far short of the USD 102.1 million auction mounted by Archrival Christie's International on Tuesday night, although at that sale seven works failed to find buyers.
The Sotheby's sale was the second of three high-profile postwar and contemporary art evening sales in New York this week, as part of the biannual fine-art auctions in which the world's top auctioneers offer the most expensive and highest quality works they can secure.
Bureau Report
