Warhol’s Mao to Red Richter Boost $146 Million Sotheby’s Auction
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Paintings by Gerhard Richter, Andy Warhol and Jean-Michel Basquiat boosted a 87.9 million-pound ($146 million) Sotheby’s auction as wealthy collectors from 40 countries competed for established and emerging art trophies.
Last night’s tally represented an 18 percent increase from Sotheby’s contemporary art auction a year ago and fell within the firm’s estimated range, as 47 of 57 lots were sold.