X
Latvia.travel mobile app. Your official guide for travelling in Latvia.
Download

You are here

Rothko painting sold for USD 86.9 million at U.S. auction

14.05.2012

A large-scale, sunset-colored painting by Daugavpils-born (southeastern Latvia) painter Mark Rothko fetched USD 86.9 million at auction Tuesday, setting a new record for any contemporary work of art, and headlining a stunningly lucrative night for ''Christie's'' in New York, the AFP news agency reports.

A large-scale, sunset-colored painting by Daugavpils-born (southeastern Latvia) painter Mark Rothko fetched USD 86.9 million at auction Tuesday, setting a new record for any contemporary work of art, and headlining a stunningly lucrative night for ''Christie's'' in New York, the AFP news agency reports.

"Orange, red, yellow" was as hot on the ''Christie's'' block as the colors on the bold abstract canvas. A thicket of hands shot up to catch the attention of auctioneer Christopher Burge, bids leaping in increments of a million, sometimes two million dollars.

The hammer finally fell at nearly USD 87 million, including final commission, easily breaking the previous record for Rothko's most expensive work of USD 72.84 million and in the process becoming the most expensive contemporary work of art ever at auction, ''Christie's'' said.

As reported, Mark Rothko was born in Daugavpils in 1903. His family moved to the United States when Rothko was 10. Rothko enrolled at Yale University where he studied English and French, European history, mathematics, physics, biology, economy and philosophy. He later dropped out of university and moved to New York, where he started painting.

Rothko became a popular U.S. artist and contributed greatly to the development of abstract art.

Related news
Before the start of the new tourism season, the State Tourism Development Agency has released two new booklets for tourists - "Day Trips In and Around Riga" and "Health. Well-being. Harmony...
I am half Latvian and recently visited with my father - who is 86.
Coming this summer to Riga, Latvia, scores of sailing ships from 35 countries will compete at the Tall Ships Races 2013visiting the city for the first time in 10 years. The massive tall ship regatta is...
On September 21-23, the Japan Association of Travel Agents held its annual Tourism Forum and Travel Showcase in Tokyo. Similarly to the previous years, Latvia was represented as well, LETA was informed by...