With paintings like Mark Rothko’s “No.10” going for $82 million or Andy Warhol’s “Colored Mona Lisa” topping $56 million, it is no wonder Christie’s made history Wednesday by becoming the first auction house to cross the $1 billion mark in total art sales in one week.
According to the auction house, 72 postwar and contemporary artworks sold for just under $660 million in a New York evening auction. This comes on the heels of Christie’s “Looking Forward to the Past” event that made over $705 million on Monday. Among the latter’s sales were Picasso’s “Les Femmes d’Alger, Version O” becoming the most valuable single piece of artwork sold at an auction when it fetched over $179 million.
Christie’s is set to add to the record on Thursday with a day and night sale. They will have another day sale on Friday.
And it isn’t just Christie’s raking in the dough. Competitor Sotheby’s notched up $380 million on a Tuesday evening sale and over $90 million on a Wednesday day auction.
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