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Art World

YSL Auction Rakes in $264 Million

Records set for several artists.

cheats/2009/02/24/ysl-auction-rakes-it-in/saint-laurent-auction-christies_ocjklg

Christie's; AP Photo

The rich aren’t dead yet: Christie’s successfully auctioned off $264 million of Impressionist and modern art collected by the late designer Yves-Saint Laurent. The sale exceeded its presale estimate of $232 million, and records were broken for seven artists, including Piet Mondrian and Marcel Duchamp. Also, a French judge dismissed a suit by the Chinese government to stop the sale of two Qing dynasty bronze fountainheads, which the Chinese government claims were looted.

Read it at The Wall Street Journal

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