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Sotheby's Contemporary Art Sale

Filed under: Auctions

Sotheby's New York held their most successful contemporary art sale to date yesterday, selling almost $130 million worth of art. The best selling piece of the show was Roy Lichtenstein's "Sinking Sun," which came in at $15,696,000, but surprised no one because it was estimated at $15-20 million. The biggest surprise came from an untitled abstract work by William de Kooning, which more than doubled its estimate to sell for the same price as the Lichtenstein. Work by a number of younger artists, including Andreas Gursky, Christopher Wool and Cecily Brown set records, as did pieces from 7 other artists. Only three pieces were unsold when the final gavel fell, two of which were Warhols.

[Image Sotheby's]

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Tags: art, auction, kooning, Lichtenstein, new york, records, results, sotheby's

Warhol Soup Can Sells for $11.7M

by Nicole Weston (RSS feed) —

Filed under: Auctions

At Christie's contemporary art sale this week, an Andy Warhol painting sold for $11.7 million. The 1962 painting, titled "Small Torn Campbell's Soup Can (Pepper Pot), " shows a can of soup with a torn label and is one of the artist's earlier works, which he did following the initial success of soup can pieces. This painting measures 16x20 inches and was won by an art collector, Eli Broad, in Los Angeles.

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Tags: andy warhol, art, auction, results, soup can, warhol