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Contemporary Proves Its Mettle

By Judd Tully

Published: January 1, 2008
But the evening’s highlights were works by less-established artists, including Mark Grotjahn’s abstraction Untitled (Orange Butterfly M02G), from 2002 (est. $300–400,000), which sold to Andrew Fabricant, of New York’s Richard Gray Gallery, for a record $937,000.

Ultimately, despite the media’s death wish for the art market, the contemporary field emerged not only unscathed but again triumphant.

"Contemporary Proves Its Mettle" originally appeared in the January 2008 issue of Art+Auction. For a complete list of articles from this issue available on ARTINFO, see Art+Auction's January 2008 Table of Contents.

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