via ARTFIXdaily:

Photographer Andreas Gursky Unseats Cindy Sherman in Record Setting Sale

Rhein II © Andreas Gursky

A digital photograph entitled “Rhein II” by German photographer Andreas Gursky sold for $4.3 million last week at Christie’s New York, setting a new record for the artist and the category.

The realized price far exceeded expectations, which had been between $2.5 to $3.5 million, but competition at the auction was fierce.

“Rhein II” was taken in the artist’s hometown of Dusseldorf, which lies at the center of the lower Rhine.  The large format photograph depicts a spartan stretch of the river that has had all extraneous factors edited out, leaving behind bands of grey and green.  It is part of a set of six abstract landscapes that the artist produced centered on the Rhine river.

While some feel the price paid was exorbitant, Francis Outred, head of the postwar and contemporary art at Christie’s European office says, “In my opinion, this price will come to be seen as extremely reasonable.”

Economic collapse? What economic collapse? Besides, I wouldn’t have paid a penny more than $3 million…

Dang – where’s my camera….

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