Yellow and Blue Painting Sold For $46.5 Million

A Mark Rothko painting sold for $46.5 million at a Sotheby’s auction in New York. The Rothko work "Untitled, (Yellow and Blue)", measuring 2.42 meters by 1.86 meters (about eight feet by 6.1 feet) and completed in 1954, had been estimated at between $40 and $60 million.

Prior to the auction it had been estimated at around $20 million — a hefty sum for an artist Sotheby’s said was virtually unknown until 2011.

Rothko was one of the most successful and famous artists in America before he killed himself in 1970, The Guardian notes.

It was the highest price paid for any work of art sold at auction, Christie's said. I believe everyone are never expect such 2 colors painting potentially worth such price.

Source: http://www.businessinsider.com/afp-rothko-painting-sells-for-46.5-million-in-ny-auction-2015-5?IR=T&