Where will it all end?

Incredible prices this week:

A new record was set for work by Andy Warhol when a painting of a car crash sold for $71.7m (£36.3m) in New York.

The 1963 painting, Green Car Crash (Green Burning Car I), depicts an overturned car on fire. . .

The sale, at Christie's, was part of the second most-lucrative art auction ever, earning a total of $385m (£195m).

Final figures beat Christie's most optimistic expectations by some $80m, while only four of 78 works on offer failed to sell.

Records were broken by more than half of the 50 artists represented, including British artist Damien Hirst, Jasper Johns, Gerhard Richter and Donald Judd. . .

However, none of the works on sale managed to match the $72.84 million fetched by a Mark Rothko at Sotheby's on Tuesday night, which shattered the record for post-war art at auction.

Posted by David on May 17, 2007 10:15 AM