Quantcast
Art Market News
 Mark Rothko, Francis Bacon, Yves Klein, Willem de Kooning, Picasso
£54m Mark Rothko Breaks Contemporary Art Auction Record - ArtLyst Article image

£54m Mark Rothko Breaks Contemporary Art Auction Record

09-05-2012
 
Bookmark and Share

Before last night the price of $86.3 million, paid for Francis Bacon's 'Triptych', 1976, in 2008 was the most expensive post-war artwork ever sold at auction. But now Mark Rothko's Orange, red, yellow has been sold for $86.9 million (£53.8m). Wow. The painting was executed in 1961, and was sold at Christie's in New York. The monumental sale contributed to the auction house’s total takings of $388.5m (£240.5m), breaking their personal contemporary art record set in 2007.

Last night’s sale was also a personal best for Mark Rothko, with the most being paid for one of his works at auction previously being $72.84m (£45m). Another £10m: not bad. And last night, a number of records were set for other artists. Yves Klein's FC1 went for $36.5m (£22.6m).  Jackson Pollock's Number 28 fetched $23m (£14.2m). And an untitled work by Willem de Kooning went for $14.1m (£8.7m).

It must be something in the water. Only last week, the auction of Edvard Munch’s ‘The Scream’ lived up to all the hype, selling for an incredible $119.9 million – the most expensive piece of art to ever sell at auction, smashing the previous record held by Picasso’s ‘Nude, Green Leaves and Bust’, which went under the hammer for $106.5 million.

Follow ArtLyst on Twitter for breaking art news and latest exhibition reviews


Subscribe to our weekly newsletter

* indicates required

Email Format

View previous campaigns.

Artlyst Quiz
Advertise with Artlyst

FACEBOOK FEED

ICA
Canvas Bar
Camden Arts Centre
Art Below
Guardian Select
Button Advertise
Top 10 Exhibitions
Top 10 Emerging Exhibitions