The thrill of the New York contemporary art auctions is no longer the thousand dollar sale but those achieving millions of dollars. At the height of the May sales, a work by Mark ROTHKO
went for 65 million dollars, becoming the most expensive post-war work in the market. These days the Sotheby's and Christie's contemporary art auctions are raising proceeds in excess of those on "Impressionist & Modern Art". In 138 lots, the 15 and 16 May sales generated, all costs included, 639,528,400 million dollars, compared with 515,012,000 million dollars on 123 lots the previous week in the "Impressionist & Modern Art" sales.