According to Bloomberg:
"Even though its presale estimate was $200 million, the auctioneer Jussi Pylkkanen began bidding well below that amount, throwing out a starting bid of $110 million, then $120 million, until he heard what appeared to be his first real offer at $140 million. From there, at least three bidders – two on the phone and dealer Larry Gagosian in the room, quickly pushed the price up by $10 million increments.
After just three and a half minutes, Jussi Pylkkanen brought down the hammer at $170 million. With auction house fees, known as the buyer's premium, the work's total came to its final, $195 million price."
No comments:
Post a Comment