Expected to bring in roughly 72 million pounds, the Contemporary Art Auction in London on Wednesday broke records with a whopping total of 95 million pounds ($188 million)! With such pieces as Francis Bacon's "Study Of Nude With Figure In A Mirror" selling for 19.9 million pounds and Andy Warhol's "Three Self Portraits" going for 11.4 million pounds, smashing their pre-sale estimates, it was quite the night. Even though many in the U.S. may be struggling a bit financially as of late, it looks like art collectors are not so down on their luck, willing to pay more than expected.London Contemporary Art Auction Breaks Records
Expected to bring in roughly 72 million pounds, the Contemporary Art Auction in London on Wednesday broke records with a whopping total of 95 million pounds ($188 million)! With such pieces as Francis Bacon's "Study Of Nude With Figure In A Mirror" selling for 19.9 million pounds and Andy Warhol's "Three Self Portraits" going for 11.4 million pounds, smashing their pre-sale estimates, it was quite the night. Even though many in the U.S. may be struggling a bit financially as of late, it looks like art collectors are not so down on their luck, willing to pay more than expected.
