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Jeff Koons's "Balloon Dog (Orange)" is pictured outside of Christie's auction house in New York. (Christie's) ()

Art Sales Set Auction Records

Nov 15, 2013 (Here & Now / WBUR-FM)

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The art world reached new heights this week as bidders spent record amounts of money for art work.

A Francis Bacon triptych went for $142.4 million, the highest art sale ever; Jeff Koon’s sculpture “Balloon Dog (Orange)” went for $58.4 million, a record for a living artist; and Andy Warhol’s “Silver Car Crash (Double Disaster)” was Sotheby’s biggest sale at $105.4 million.

Who’s buying this art and will this art bubble burst?


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