Gursky's "99 Cent" Prints Fetch Millions At Auction

PDN:

Most recently, an anonymous bidder paid $2.48 million – with a sense of irony, one hopes – for Gursky’s “99 Cent II Diptychon” (2001), which shows the cluttered interior of a discount store.

The sale, made at a Nov. 16 auction at Phillips de Pury & Company in New York, set an auction record for a work by a living photographer. It fell short of the record for the highest price ever paid for a photo at auction, which was set in February when a 1904 Edward Steichen print sold for $2,928,000.

The work sold at Phillips consists of two chromogenic color prints displayed as a diptych that measures over 22 feet wide. The work is one of an edition of six.

Here.