Zao Artwork fetches record Price at Sotheby’s auction- Collectibles

Zao Artwork fetches record Price at Sotheby’s auction-Collectibles

An abstract oil painting by Chinese-French master Zao Wou-Ki  was auctioned for about $65 million at Sotheby’s ,more than 28 times its previous purchase price and setting a new record for any Asian work  of art sold at auction.

Zao painted the work in 1985.