Georgia O'Keeffe Painting Sells For $44.4 Million In NYC
NEW YORK (CBSNewYork/AP) -- A simple Georgia O'Keeffe painting has been auctioned off at a record-shattering price.
The painting of a white flower sold Thursday for $44.4 million, more than triple the previous auction record for a work by a female artist.
Sotheby's New York says the 1932 painting, "Jimson Weed/White Flower No. 1," was purchased during the auction house's sale of American art.
The painting was sold by the Georgia O'Keeffe Museum in Santa Fe, New Mexico, to benefit its acquisitions fund. Sotheby's is not disclosing the identity of the buyer, a telephone bidder.
The previous world auction record for any work by a female artist was $11.9 million. That was the price for Joan Mitchell's "Untitled" at Christie's New York in May.
The previous auction record for an O'Keeffe work was $6.2 million, set at Christie's New York in 2001.
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