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Thursday, 02 July 2015 02:06

Sotheby's Achieves Highest-Ever Total for an Auction of Contemporary Art in Europe

Andy Warhol’s landmark first ‘dollar’ painting, hand-painted in 1962, sold for £20.9m / $32.8m / €29.4m tonight - the highest price achieved across all auction houses this week. Andy Warhol’s landmark first ‘dollar’ painting, hand-painted in 1962, sold for £20.9m / $32.8m / €29.4m tonight - the highest price achieved across all auction houses this week. Photo: Sotheby's.

The sale realised £130,376,500 / $204,730,218 / €183,870,150 - the highest total for any auction of Contemporary Art ever held at Sotheby’s London.

“We reached new heights at Sotheby’s tonight with the highest total we’ve ever achieved for Contemporary Art in London. Bidders from across the globe were drawn to Warhol works that ripped up the rule book for 20th-century art; rediscovered Francis Bacon gems; and some of the greatest works by British artists of the last 70 years. Tonight’s achievements affirm the pivotal position of London within the international art market.” -- Alex Branczik, Sotheby’s Head of Contemporary Art, London

Artistic Currency: Warhol’s One Dollar Bill (Silver Certificate)
Andy Warhol’s landmark first ‘dollar’ painting, hand-painted in 1962, sold for £20.9m / $32.8m / €29.4m tonight - the highest price achieved across all auction houses this week (est. £1318m). This marks the fourth consecutive sale season in London that Sotheby’s has achieved the top lot across all auction houses.

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