Warhol leads the way as money returns to art world

November 12, 2009

Recession? What recession? A big-money art auction in New York Wednesday saw collectors shelling out a total of more than 130 million dollars for the chance to own works including a previously unshown Andy Warhol self-portrait. The same artist's "200 One Dollar Bills" was sold for 43.8 million dollars, suggesting that serious money is starting to return to the international art market.