Recording and Selling Music 101

 The top lot of Wednesday's sale was Pollock's drip painting Quantity 19, 1948, which fetched $58.4m (£38.3m) - almost twice their pre-sale estimate.


Lichtenstein's Girl with Flowered Hat distributed for $56.1 million, while another Basquiat function, Dustheads (top of article), gone for $48.8 million.


All three works set the best rates actually fetched for the artists at auction. Christie's defined the $495,021,500 total - which included commissions - as "staggering" ;.Just four of the 70 lots on offer went unsold.


In addition, a 1968 fat painting by Gerhard Richter has collection a fresh report for the best auction cost achieved by an income artist. Richter's photo-painting Domplatz, Mailand (Cathedral Square, Milan) offered for $37.1 million (£24.4 million). Sotheby's described Domplatz, Mailand, which depicts a cityscape painted in a style that implies a confused photo, as a "masterpiece of 20th Century art" and the "epitome" of the artist's 1960s photo-painting canon. Don Bryant, founder of Napa Valley's Bryant Household Vineyard and the painting's new manager, said the job "only gets me over" ;.


Brett Gorvy, mind of post-war and modern art, claimed "The remarkable bidding and history prices collection reveal a new time in the art market," he said. Steven Murphy, CEO of Christie's International, claimed new lovers were helping push the boom duke dennis.


Fables of the Music-Fine Artwork Value Differential


When I came across this article I was surprised at the costs these artworks were able to obtain. Many of them would hardly evoke a positive emotional answer in me, while others might just somewhat, but for the majority of them I truly don't know the way their prices are reflected in the job, and vice versa. Clearly, these parts weren't designed for people like me, an artist, while wealthy patrons certainly see their intrinsic artistic value clearly.


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