Works of art from the late Microsoft co-founder Paul G. Allen's masterpiece-heavy collection raised $1.6 billion at auction.
Major works of art that were owned by the late Microsoft co-founder Paul Allen went for big bucks at a two-day Christie's auction.in a record-breaking $1.6 billion.
All 155 of the artworks put up for auction Wednesday and Thursday in New York sold, and five paintings sold for prices above $100 million. Staff hang a Claude Monet 1904 painting 'Waterloo Bridge, temps couvert', for display at Christie's in London.Georges Seurat’s pointillist "Les Poseuses, Ensemble " sold for $149.2 million, Wednesday evening's highest price.
Christie's experts said that pointillism, a technique when it was developed by Seurat and Paul Signac involving dots of color that combine to form an image, was of particular interest to Allen because of hisOther highlights from Wednesday's sale included Paul Cézanne’s "La Montagne Sainte-Victoire," which sold for $137.8 million, and van Gogh's landscape "Verger avec cyprès," which sold for $117.2 million.
Topping the sales Thursday was Claes Oldenburg and Coosje Van Bruggen's sculpture, "Typewriter Eraser, Scale X," which fetched $8.4 million.
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