YSL art auction sets new record | Art and design | The Guardian: “He transformed women’s fashion, but the auction world was last night wondering whether Yves Saint Laurent’s magic touch could rescue the art market from the global financial crisis.
Bidding began last night in what has been billed as the art sale of the century, with the world’s mega-rich vying to buy part of the late designer’s private art collection. The first stage of the sale focused on impressionist and modern art pieces and made €206m, beating the world record for the biggest private sale on the first night of the three-day auction.
A Henri Matisse oil painting sold for €32.1m, a record price. An early wooden sculpture by the Romanian Constantin Brancusi, never before seen in public, fetched more than €29m, well above its expected price. Another record was broken for a “readymade” sculpture by Marcel Duchamp, a perfume bottle in its carton.”