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Tuesday, November 16, 2010

"Coca-Cola [4] Large Coca-Cola" by Andy Warhol sold for $35,362,500

On the 9th of November 2010, the Contemporary Art Evening Auction at Sotheby’s in New York reached a total of $222,454,500 (£138,067,589, €160,103,711), with five new artist records established.

But the star of the evening session was Andy Warhol's "Coca-Cola [4] Large Coca-Cola" (1962), an acrylic, pencil and Letraset on canvas (81 3/4 x 56 3/4 in. 207.6 x 144.1 cm.), which surpassed the high estimate ($20/25$ million) to sell for $35,362,500 (price include's buyer's premium).
Warhol's painting, which was the last of four paintings of individual Coca-Cola bottles executed in 1961 and 1962, and the largest of the group, was disputed by eight bidders.

The other highlight of this evening's sale was Mark Rothko's Untitled, a major 1955 painting included in the Abstract Expressionist works and acquired for $22,482,500.
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1 comment:

aquariann said...

Holy rusty nails, Batman. That's a lot of bucks.