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Christie's two-day Prints and Multiples sale this week saw Warhol and Chagall works selling for the estimated price. Andy Warhol's "Flowers" (1970) sold for $386,500, well over the top estimate of a quarter million dollars.
At this recent auction all works fetched record breaking prices. Works by Warhol, Chagall, MirĂ³, and Johns netted a total of $7,604,813.
All in all promising signs that the arts will continue in tough times.