Nov

14

 "Mark Rothko Painting Crowns New York Art Sale":

A painting by abstract artist Mark Rothko has fetched $75.1 million (£47.2m) at an auction in New York.

"If you want to talk about the market being happy, healthy and well, here it is," said Sotheby's auctioneer Tobias Meyer, worldwide head of contemporary art.

"That's probably about as good as it gets." Further high prices are expected at a second Sotheby's contemporary and post-war art sale on Wednesday, with two Christie's sales focusing on the same period also taking place in New York this week.


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