(AP) – Jasper Johns' seminal work Flag from the collection of the late author Michael Crichton sold for $28.6 million at a New York City auction yesterday, an auction record for the artist. Christie's said the work was purchased by an American art dealer during high-spirited bidding by phone & in the room. 4 bidders competed.
Christie's catalog called Flag "one of the greatest icons of modern art alongside Picasso's Guernica & Andy Warhol's Marilyn". It's a 1960 encaustic & paper collage rendition of the stars & stripes, which Crichton bought from Johns in 1973 & hung in his Beverly Hills bedroom. It has been exhibited only once at the Royal Academy of Arts in London in 1992-1993. The previous Johns' auction record was $17.4 million for Figure 4, in 2007.
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