Abstract Expressionist Painting and Bronze Sculpture Sell for Over $100 Million Each

A drip painting by an Abstract Expressionist artist sold for $181.2 million including fees at Christie’s. A bronze head by a Romanian sculptor from the S.I. Newhouse collection brought $107.6 million at the same auction. The two works reached prices that placed both artists in the $100 million club at auction. The sales occurred during an evening auction at Christie’s.

The painting achieved the higher price of the evening.

The bronze sculpture came from a private collection assembled by S.I. Newhouse. Bidders competed for both pieces during the sale. The results were recorded at the conclusion of the auction session.