The report by France-based analysts Artprice also confirmed a near-total collapse in the previous year's craze for NFTs -- the blockchain tokens that prove ownership of digital artworks -- whose sales fell 94 percent to $13.9 million.More than a million artworks were put up for auction, and 704,747 sold -- both records -- with Christie's seeing six works that surpassed $100 million each.
One of his paintings alone -- a Marilyn Monroe portrait by Andy Warhol -- fetched $195 million, the highest-ever for an American work of art. While non-fungible tokens lost much of their value -- partly due to the crash in crytocurrencies -- the number of auctions for these digital artworks actually increased from 284 to 373.