Barnett Newman Painting Fetches $43.8 Million at NYC Auction
A large painting from abstract expressionist artist Barnett Newman has sold for $43.8 million at a New York City auction, setting an auction record for a Newman work.
The 1953 piece, "Onement VI," is part of Barnett Newman's Onement series, which are characterized by a stripe that runs down the center of the canvas. The 'zip,' as Newman called it, were intended to show the spatial structure of the painting and became a constant feature in his work throughout his career. Four others in the Onement series are in museums.
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The previous record for a Newman piece was set last year by "Onement V," which sold for $22.4 million.
Sothebys said Tuesday that the record price for this week's purchase includes the buyer's premium.
An American artist, Newman is seen as one of the most influential figures in abstract expressionism, having played a part in the careers of Mark Rothko, Jackson Pollock and others.
He passed away in 1970 in New York City.