Record Sales at Christie’s

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Christie’s Auction House brought in the highest total for an auction in history last night, grossing $852.9 million at the contemporary sale in New York.  New records were also set for 11 artists, among them Cy Twombly, Ed Ruscha, Peter Doig, Martin Klippenberger, and Seth Price. The stars of the night were Andy Warhol’s Triple Elvis [Ferus Type](1960) and Four Marlons (1966), which sold early going for $81.9 million and $69.6 million, respectively.  “By the time the second figure was reached, the crowd—whether reeling from the action or no longer capable of being surprised or just no longer impressed by anything under $80 million—forgot to clap,” says Dan Duray from ArtNews. Although the prior nights’ Sotheby’s sale was a disappointment bringing in only $343.6 million, the two weeks of sales at both auction houses took in a total of some $2 billion, comforting many that the art market is alive and kicking.