Sotheby's $343 Million Sale Led by Jasper Johns's `Flag'

November 12, 2014 4:57 AM

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Sotheby's $343 Million Sale Led by Jasper Johns's `Flag'

The sale of Mark Rothko, Andy Warhol and Jasper Johns artworks long held in private collections helped Sotheby’s (BID:US) tally $343.6 million of postwar and contemporary art.

The auction house last night was unable to surpass its record set Nov. 4, when $422 million of Impressionist and modern art was sold. The total beat its $323.6 million low estimate but failed to reach its upper level of $419 million. The tally also is less than the $380.6 million New York-based Soth...

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