2009年11月12日木曜日

What Recession??? It's Ovah!


Despite so many people still out of work and the economy in the state it's in, it seems there's still a lot of money to be thrown around.
At least when it comes to art.
Wednesday night, Sotheby's auctioned off several post-war and contemporary art pieces bringing in over $130 MILLION!
In fact, Andy Warhol's piece, 200 One [...]

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Despite so many people still out of work and the economy in the state it's in, it seems there's still a lot of money to be thrown around.


At least when it comes to art.


Wednesday night, Sotheby's auctioned off several post-war and contemporary art pieces bringing in over $130 MILLION!


In fact, Andy Warhol's piece, 200 One Dollar Bills, sold for $43.7 million. The 1962 piece was last sold by Sotheby's over 20 years ago for $300,000.


Talk about a good investment!


The lucky winner of that piece last night actually came from a phone bid, surpassing the estimated $12 million they thought it would sell for.


And another bidder paid $6.1 million for Warhol's 1965 Self Portait.


Other artists' work also brought in huge numbers, but the night definitely belonged to Warhol.


As for the bidders, they included some rich names like fashion designer Valentino Garavani and jeweler Laurence Graff.


The rich just keep getting richer!


[Image via Getty Images.]




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