• CBC - Art auction records are now broken quite regularly. I'm no longer surprised by any of the prices paid. A Lucian Freud painting of Bruce Bernard sold for £7.8 million, making it the most ever paid for a living European artist.
• Bloomberg - Damien Hirst didn't want to be outdone, and quickly takes the the record from Lucian Freud. Hirst's pill cabinet "Lullaby Spring" sold at auction for 9.7 million pounds or $19.3 million US dollars, making it a record for a living artist.
• Articulate - A new record was also recently set in Australia, when a Brett Whiteley painting sold at auction for $3.48 million. This breaks the Australian auction record that was recently set by John Brack.
• SMH - The record breaking painting by Brett Whiteley (The Olgas for Ernest Giles) has been a good investment. It was sold for $80,000 back in 1990 at Christie's.
• Guardian - It was a record breaking week in London at Sothebys.

I haven't checked any of the upcoming auctions, but I'm pretty sure we're not too far away from a $200 million painting.
>> Art Auction News

¶ 12:17 AM