Magritte's Surreal Masterpiece Fetches Record $121M at Auction

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Source: CNN
Magritte's Surreal Masterpiece Fetches Record $121M at Auction
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TL;DR Summary

René Magritte's painting 'L'empire des lumières' sold for over $121 million at a Christie's auction in New York, setting a new record for the Surrealist artist. The 1954 artwork, known for its juxtaposition of night and day, was part of the late Mica Ertegun's collection. The sale comes amid a slowdown in global art sales, highlighting the unique market dynamics when iconic works are auctioned. Other notable sales included works by Ed Ruscha, Max Ernst, and David Hockney.

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