Contemporary Art Goes Over Big at Christie's
The stars of the show were a blue-and-ornange painting by Mark Rothko which sold for $34.2 million. Other top-selling artists included media darling Richard Prince, the nearly always bankable Lucian Freud and the art world's clown prince Jeff Koons whose "Blue Diamond" went for $11.8 million.
This sale even had a Hollywood angle in the form of a 1963 turquoise Andy Warhol portrait of actress Elizabeth Taylor that belonged to Hugh Grant. The painting sold for $23.6 million which was below its $25 million low estimate. Last week, Christie's had a strong night followed by a disappointing evening at Sotheby's. Judging by today's stock market dip, they just might be in for a bumpy night.