Berlin Wall art auction makes $1.1m in Paris

paulfrasercollectibles

2015-06-26 13:18:42

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Berlin Wall art auction makes $1.1m in Paris

48 sections of the Berlin Wall, bearing important artworks, were purchased by a single buyer

A single bidder has bought 48 sections of the Berlin Wall, bearing artworks from international artists, at a June 6 auction in Paris.

Berlin Wall auctionThe Berlin Wall, viewed from the west side, as it looked in its complete form

Pierre Berge & Associes announced that the anonymous bidder paid over $1.1m for the works.

Among the highest valued fragments, which weigh several dozen kilos each, was a piece by Russian artist Erik Bulatov, which was valued at $185,602.

In May, a 4-tonne section of the historic wall sold for $23,500 in the US in order to pay back victims of a Ponzi scheme.

The remaining sections of the wall have come under threat recently, as local authorities have decided to demolish them as part of a large gentrification scheme.

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