The value of simplicity prevailed this week when Georgia O’Keeffe’s painting ‘Jimson Weed/White Flower No.1’ sold for $44.4 million, more than triple the previous auction record for any work by a female artist. The work was sold by the Georgia O’Keeffe Museum in Santa Fe, New Mexico to replenish its own acquisitions fund.
Sotheby’s hasn’t disclosed the identity of the buyer, who bid by telephone. The previous auction record for an O’Keeffe painting was $6.2 million, in a 2001 Christie’s New York sale. 11/24/14