$44.4 million painting sets record for female artist

$44.4 million Georgia O’Keeffe painting sets record for female artist

Source: Sotheby’s

Source: Sotheby’s

The surge in art prices has been an especially male phenomenon. But now, female artists are gaining ground.

Sotheby’s just sold Georgia O’Keeffe’s iconic flower painting “Jimson Weed/White Flower No. 1” for $44,405,000, or more than three times the previous world auction record for any female artist.

Read More Steve Cohen just bought this $101 million sculpture

The prior record was $11.9 million, set by Joan Mitchell’s “Untitled” at Christie’s New York in May 2014.

The O’Keeffe piece sold for nearly three times its high estimate of $15 million, with seven bidders competing fiercely through the sale. It’s one of O’Keeffe’s famous series of flower paintings, which have become well-known throughout culture and the art world.

Read More Sotheby’s spent $20 million to battle Dan Loeb

This entry was posted in Wealth. Bookmark the permalink.

Leave a Reply