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A Rothko sells for $16.4 million

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From Reuters

A 1958 painting by Abstract Expressionist Mark Rothko sold for $16.4 million -- a record for his work -- at a Christie’s auction of postwar and contemporary art, the auction house said.

The painting, “No. 9 (White and Black on Wine),” drew the highest bid of the sale Wednesday night, Christie’s said. The previous record for a Rothko work was $14.3 million, set in 2000.

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