A sculpture of an inflatable dolphin by Jeff Koons sold for $5 million. A 1971 Sigmar Polke painting depicting purple monkeys, an alligator and a penis was snapped up for $4.5 million. An abstract painting by Joan Mitchell fetched $1.5 million.
Hillel “Helly” Nahmad, who had apartments at Manhattan’s Trump Tower, a model for a girlfriend and an art gallery that featured modern masters such as Pablo Picasso, was sentenced to a year and a day in prison for his role in a high-stakes gambling ring.
An art forger and his three accomplices, who made at least 10 million euros ($14 million) by selling oil paintings they falsely attributed to famous artists, were today sentenced to a total of 15 years in prison by a court in Cologne.
Paintings by Pablo Picasso, Juan Gris and Rene Magritte helped Christie’s International sell 177 million pounds ($289 million) of Impressionist, modern and Surrealist art yesterday, the highest tally ever for a London auction.