Last night’s sale continues to show that really good works will make strong prices. David Hockney’s Woldgate Woods, 24, 25, 26 October, 2006 sold for $11.7 million (an auction record) while A B Still by Richter made $34 million. In the end, the sale totaled $276.5 million with a sell-through rate of 93.8%! We will bring you more coverage in the upcoming Commments on the Art Market.
Source: Rush of Richters Totals $75.6 Million in Less Than an Hour
Source: Hockney landscape fetches record $11.7M in NYC
Gerhard Richter