Records were shattered on Tuesday at Sotheby's $255 million auction of contemporary and postwar art, the biggest in history, which was led by a $73 million Rothko and a $53 million Bacon.
Both works obliterated the old mark for any postwar work at auction of $27.1 million set last November and far exceeded their pre-sale estimates, ushering in a new world of higher prices for contemporary art...
For more info http://news.yahoo.com/s/nm/20070516/en_nm/arts_auction_dc
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