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Art

Warhol painting fetches record $105M at NY auction

  • Art-Auctions-7

    This image provided by Christie's auction house, Monday, Nov. 4, 2013 is of "Balloon Dog (Orange)" by Jeff Koons. The work sold for $58.4 million, a world auction record for the artist and a world auction record for a living artist, said Christie's. The auction house did not reveal the buyer. (AP Photo/Christie's)

    ASSOCIATED PRESS

  • Art-Auctions-8

    This Tuesday, Nov. 12, 2013 photo provided by Christie's New York shows the bidding during the auction for the 1969 painting by Francis Bacon, "Three Studies of Lucian Freud" in New York. "Three Studies of Lucian Freud" was sold at Christie's postwar and contemporary art sale for over $142 million in New York, a record for most expensive artwork ever sold at auction. (AP Photo/Christie's Images LTD. 2013)

    ASSOCIATED PRESS

  • Art-Auctions-9

    This undated photo provided by Sotheby's shows William De Kooning's painting “Untitled V” that is being auctioned in New York Wednesday evening, Nov. 13, 2013, at Sotheby's. The abstract work of reds, yellows and whites not seen in public since 1980 had a pre-auction estimate of up to $35 million. On Tuesday, Christie’s sold De Kooning’s 1977 "Untitled VIII," for over $32 million, establishing a world auction record for the artist. (AP Photo/Sotheby's)

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  • Art-Auctions-10

    FILE - This file photo provided by Sotheby's shows "Silver Car Crash (Double Disaster)" by Andy Warhol. The silkscreen print with multiple photos of the aftermath of a car which collided into a tree measures 8 feet by 13 feet and is part of Warhol's "Death and Disaster" series. The work, scheduled for auction at Sotheby's on Nov. 13, 2013, is expected to fetch as much as $80 million, which would establish a new record for the pop artist. (AP Photo/Sotheby's, File)

    ASSOCIATED PRESS

  • Art-Auctions-11

    This undated photo provided by Sotheby's shows Andy Warhol's portrait of Elizabeth Taylor, titled "Liz #1 (Early Colored Liz)," estimated to fetch between $20 million and $30 million on Wednesday evening, Nov. 13, 2013, when it comes up for auction at Sotheby's in New York. (AP Photo/Sotheby's)

    ASSOCIATED PRESS

  • Art-Auctions-12

    This undated photo provided by Christie's shows "Three Studies of Lucian Freud," a triptych by Francis Bacon of his friend and artist Lucian Freud. The 1969 painting by Bacon set a world record for the most expensive artwork ever sold at auction when it sold Tuesday evening Nov. 12, 2013 for $142.4 million. (AP Photo/Christie’s)

    ASSOCIATED PRESS

  • Art-Auctions-13

    This Tuesday, Nov. 12, 2013 photo provided by Christie's New York shows the bidding during the auction for the 1969 painting by Francis Bacon, "Three Studies of Lucian Freud" in New York. "Three Studies of Lucian Freud" was sold at Christie's postwar and contemporary art sale for over $142 million in New York, a record for most expensive artwork ever sold at auction. (AP Photo/Christie's Images LTD. 2013)

    ASSOCIATED PRESS

NEW YORK — A prized 1963 Andy Warhol painting that captures the immediate aftermath of a car crash sold for $105 million today at a New York City auction, setting a record for the famed pop artist, Sotheby’s said.

The 8- by 13-foot painting titled “Silver Car Crash (Double Disaster)” depicts a twisted body sprawled across a car’s mangled interior. It has only been seen once in public in the past 26 years. The buyer wasn’t immediately identified.

The previous Warhol auction record was set in 2007 when “Green Car Crash (Green Burning Car I)” sold for $71.7 million. An iconic Warhol called “Coca-Cola (3)” sold for $57.2 million Tuesday at Christie’s auction house.

The high bidding came just a day after the most expensive work of art ever sold at auction went for $142.4 million to conclude six minutes of feverish bidding at Christie’s. The hefty price tag for a 1967 Francis Bacon triptych called “Three Studies of Lucian Freud” shattered the previous world record — nearly $120 million paid for Edvard Munch’s “The Scream” at a 2012 Sotheby’s sale.

Christie’s said the winning bid went to Acquavella Galleries. It is believed that the New York City gallery was buying it for an unidentified client.

Buyers from Asia, the Middle East and Russia play a big role in the contemporary art market, said Richard Feigen, an art dealer and collector whose Manhattan gallery, Richard L. Feigen & Co., has works spanning from the 14th century to contemporary art.

“The demand for seminal works by historical important artists is truly unquestionable, and we will keep witnessing new records being broken,” said Michael Frahm, a contemporary art adviser and partner at the London-based Frahm Ltd. “This is the ultimate trophy hunting.”

Christie’s said Tuesday’s sale brought in more than $691.5 million, the highest total for any single auction in history.

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