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New York auction house fetches record art bid

Sotheby's auction house in New York has fetched a record amount of cash for contemporary art work with the sale of a painting by the US abstract artist Mark Rothko for 72.8 million dollars.

The canvas by the Latvian-born painter entitled "Yellow, Pink, Lavender on Rose," had been valued at around 40 million dollars.


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Comments (1)

Why yes, the art world IS i... (Below threshold)
mojo:

Why yes, the art world IS insane. Why do you ask?


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