Warhol coke bottle goes for $35 millionBy DPA, IANS
Wednesday, November 10, 2010
NEW YORK - A painting of a Coca-Cola bottle by pop art icon Andy Warhol drew $35 million at auction.
The work, Coca-Cola (4) Lage Coca-Cola, sold at auction at Sotheby’s in New York Tuesday evening. Experts had estimated its value at 20 million to 25 million dollars.
The contemporary art auction also featured works by Mark Rothko, Roy Lichtenstein and Gerhard Richter. An untitled work by Rothko sold for $22.5 million, Lichtenstein’s Ice Cream Soda earned $14 million, and Richter’s Matrosen (Sailors) brought in $13.2 million.
A new record was set for a work by Julie Mehretu. The Seven Acts of Mercy, a 2004 work, sold for $2.3 million, beating an earlier record for the artist of $1 million that was also set at Sotheby’s.
The auction earned $222.4 million, better than expectations of 214 million.