Two Andy Warhol works of art -- including a portrait of Marilyn Monroe -- sold Tuesday for more than $100 million combined at a Christie's New York auction, a sale of postwar and contemporary art that brought in a hefty total of $744.9 million.
Warhol's 1962 portrait "White Marilyn," which was created after the actress' death, sold for $41 million, exceeding estimates that it would sell for $12 million to $18 million.
Even more impressive was the performance of the artist's "Race Riot, 1964," which depicts civil-rights protests in Alabama. The four-panel piece sold for $62.9 million, after having been expected to sell for $45 million.
The New York Times reported that the buyer of "Race Riot" (1964) was dealer Larry Gagosian.
The two Warhol works weren't the only big-ticket items Tuesday evening. The biggest seller was an abstract painting by Barnett Newman titled "Black Fire I" that sold for $84.1 million.
An untitled painting by
A 1984 triptych by Francis Bacon titled "Three Studies for a Portrait of John Edwards" sold for $80.8 million. Last year Christie's broke auction records with the $142.4 million sale of Bacon's 1969 triptych, "Three Studies of Lucian Freud."
Among the collectors who were present for the auction Tuesday were some prominent Los Angeles names, including