Record breaking auction at Christie's
A bidding war drove Warhol's "Triple Elvis (Ferus Type)" to $81.9 million, while "Four Marlons" fetched $69.6 million to lead the sale of 80 works in a packed saleroom where only five works failed to find buyers. Christie's had estimated the silkscreen-on-linen Warhols would together sell for more than $130 million, which turned out to be conservative in the intensely competitive market. "This is a market driven by global collectors who are looking for the best of the best," said Brett Gorvy, international head of post-war and contemporary art. "More than about records, it's about five, six or seven buyers competing to spend 50 or 60 million dollars on an object."