Wednesday, February 13, 2008

Contemporary Art Goes for $ 34.2 Million

Christie's New York sale of postwar and contemporary art in New York turned into an auctioneer's dream.

Mark Rothko's "Untitled (Red, Blue, Orange)" of 1955 topped the list at $34.2 million, matching the upper end of the estimate. With its blue toned rectangle painted above a lower orange-ochre rectangle, it looked familiar.
The third highest price also went to an abstract composition by Rothko, "No. 7 (Dark over Light)," done the year before. It went for $21 million.

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