contemporary-art-auction

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.

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Tags: andy-warhol, contemporary-art-auction, expire-images:2009-2-28, francis-bacon, london