Gerhard Richter's "Abstraktes Bild ".

Kuwait Stock Exchange II by Andreas Gursky on artnet

Rock star Eric Clapton, who bought it for one tenth of the price intimed the sale well. But rest of the story, while it had its moments, was not quite so rosy; the other five contemporary art auctions all fell short of pre-sale expectations. It was also apparent that Spanish buyers were, perhaps due to the state of the national economy, out of the equation, and works by Spanish artists were either unsold or snapped up by non-Spanish buyers at soft prices.

Here at the main evening sale, there was a more historically classical selection, made perhaps to catch the audience at the new Frieze Masters fair for older work. However, closer analysis again revealed a certain fragility in the market andreas gursky stock exchange over half the lots sold either on below their estimated price guides.

Why is Andreas Gursky's Rhine II the most expensive photograph? - Telegraph

Now with Frieze Masters thrown into the mix, the trend is likely to see even higher value sales next year. The 10 Most Expensive Works Of Art Ever Sold. Tech market is nowhere near the dotcom days.

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Andreas Gursky (b. ) , Hong Kong Stock Exchange II | Christie's

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