Christie's Auction Video

This is interesting . . . it's a video of the Christie's auction of Warhol's Green Car Crash last Wednesday night. I've never seen a Christie's art auction before. There were two people bidding against each other until the price reached $61 million, and one of the bidders dropped out. The auctioneer was about to close the sale when Larry Gagosian, a new bidder, jumped in and upped it to $61.5 million. But ultimately Larry lost to the other telephone bidder, whose identity has not been disclosed. It's not exactly an action-packed video, but it's interesting, nonetheless.

Christie's Auction

I cannot believe the prices paid for artwork at the Christie's Auction on Wednesday night. Almost everything sold for more than the high estimate, for a total of $384.6 million. It set a record for the most successful sale of contemporary art ever. $71,720,000 for Warhol's Green Car Crash, pictured above. That's an incredible amount of money for a single piece of art.