Monday, February 19, 2007

Contemporary & Modern Cha-ching!

Detail from Andy Warhol's "Brigitte Bardot," 1974.

A new phenomenon was observed at Contemporary Art sales in London last week.

Records were set for works by Peter Doig, Frank Auerbach, Gerhard Richter, Piero Manzoni, Alberto Burri and Francis Bacon while works by Andy Warhol, Cy Twombly and Roy Lichtenstein also fetched high prices.

Warhol's portrait of the French actress Brigitte Bardot bagged £5.39 million (that's roughly 10.5 million US!) points to new forces at work that auction professionals had not anticipated.

Read the rest: International Herald Tribune

That's Right,


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