“The night saw new highs at auction for Carol Bove, Joe Bradley, Dan Colen, Mark Grotjahn, Sergej Jensen, Bharti Kher, Robert Longo, Adam McEwen, Raymond Pettibon, Elizabeth Peyton, Rob Pruitt, Sterling Ruby and Mark Ryden.”
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Leonardo DiCaprio’s charity auction at Christie’s set some records.
It’s interesting how they discuss that even though the artists don’t get the tax benefit of the full price of the work, these new records and attention will be very beneficial in the long run. I would like to think that this wouldn’t be the only reason to donate expensive works, but it’s not a bad side-effect.
