The market for rare and fine art appears to be back with a vengeance
Tuesday night's evening sale of impressionist and modern art at Sotheby's totaled $368.3 million, raising the auction house's 2015 sales in this art category to $687.3 million.
The auction also reached the second highest result in Sotheby's history, for any auction of impressionist and modern art.
The top lot was a 1888 Vincent van Gogh painting which fetched $66.3 million after a furious, five-way bidding war.
Sold to a private Asian collector, the canvas achieved the highest auction price ever for a van Gogh, since 1998. It last sold for $12 million in 2003. That is nearly a 450 percent return, minus fees, in just thirteen years.
In 2014, only two works from Van Gogh's mature period (1888–1890) appeared at auction