Sotheby’s Contemporary Art Evening Sale Totals $224.4 million - Over High Estimate
New York, 9 November 2010 - Tonight’s excellent sale of Contemporary Art at Sotheby’s in New York totaled $222,454,500 (£138,067,589, €160,103,711), exceeding the pre-sale high estimate of $214 million. The sale set five new artist records and was 90.7% sold by lot.
Highlights of the sale were Coca-Cola [4] Large Coca-Cola by Andy Warhol, which surpassed the high estimate to sell for $35,362,500 (est. $20/25 million), and Mark Rothko’s Untitled from 1955, which sold for $22,482,500 (est. $20/30 million).