Thursday, November 12, 2009

200 One Dollar Bills Worth A Bit More

Great news for the fall contemporary art auctions.

ART DAILY:NEW YORK, NY.- Tonight at Sotheby’s in New York, Andy Warhol’s monumental masterpiece, 200 One Dollar Bills, brought a remarkable $43,762,500, soaring past the pre-sale estimate of $8/12 million. Competition was fierce. Auctioneer Tobias Meyer opened the bidding at $6 million and was immediately met with an almost unheard of response - a bid of $12 million, twice his opening bid. Five more bidders raised their paddles before the winning bid was cast by an anonymous purchaser bidding on the telephone. The Warhol was the top-selling lot in a sale of Contemporary Art that brought an outstanding total of $134,438,000, far-above pre-sale expectations (est. $67.9/97.7 million) and with all but two lots finding buyers

1 comment:

Anonymous said...

All I can say is: "I'll be damned!!" And I sound just like my grandmother.

It is still all I can say. I am totally astonished......and to borrow a British expression (because there isn't an American equivalent.....that feels like it) "GOBSMACKED"!!!

Andy is laughing like hell in his grave.....or wherever he is.......he might be a porpoise! Anyway; he is laughing.