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The Macklowe Collection became last night (May 16) the highest valued art collection ever sold in auction history for $9222.2m. After a first auction hosted in Novemeber 2021 by Sotheby’s, which part of the collection reachead a total of $676.1 million, yesterdad the second part of a collection reached an extraordinary and historical record for an auctioned collection.
The iconic Shot Sage Blue Marilyn by Andy Warhol was sold yesterday, May 9, for $195 million, establishing it as the most expensive 20th century artwork to sell at auction, and the second highest price for an artwork sold in auction.
What is the true value of a work of art? Since always, we have thougth originality is the most important symbolic and economical value for art. Copies has been pushed into the black list of art history thanks to the renaissance idea of the artist as a genius and his inspiration as kind-of-a-God’s virtue. But what happens when the copy of one of the most iconic paintings in history became in an “original” copy with a million dollars value?
The auction house Sotheby’s is taking advantage of the NFTs trend by accepting cryptocurriencies and hosting special sales of NFTs. In its own words, this is a new art market who is setting new rules for selling and buying both physicall and digital art.