Christie's Contemporary Art Sale Soars to Record $745 Million, Highest Ever Total

Billionaire buyers wanting Warhol, Basquiat, Rothko, Koons, Newman, Calder, Bacon and other luminaries of postwar and contemporary art sent Christie's evening sale on Tuesday to $745 million (with buyer's premium), a record amount for a single sale. Records were smashed for artists from Barnet Newman to Alexander Calder, with 68 of 72 offered lots selling (98% sold by value). The sale was expected to bring $500 million. READ MORE