Top Ten Art Sales in 2011

By Katya Kazakina and Scott Reyburn - 2011-12-29T20:17:02Z

Photograph by Sotheby's via Bloomberg

Company Symbol % Change
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1949-A-No. 1

As the European debt crisis roiled financial markets in 2011, the value of the most expensive works of art sold at auction fell 41 percent.

The priciest 10 lots amounted to $413.6 million, compared with a tally of $698.6 million in 2010, according to Bloomberg News calculations.

Left, "1949-A-No. 1" (1949) by Clyfford Still sold for $61.7 million at Sotheby's on Nov. 9, 2011.