Lot 11 John McLaughlin V-1957 signed, titled and dated 1957 on the reverse
oil on canvas, in artist's frame
31 by 22 7/8 in. 78.7 by 58.1 cm. Estimate $80/120,000 Sold for $516,500 AUCTION RECORD FOR THE ARTIST Photo

From: Photo Flash: Sotheby's Auction of Edward Albee's Art Collection Raises $12.5 Million

Sotheby's auction of The Collection of Edward Albee totaled $12.5 million today in New York. Every work on offer was sold, denoting rare 'white glove' auction status, with three-quarters of all lots outstripping their high estimates. The full proceeds of the sale will benefit The Edward F. Albee Foundation, which provides residencies for writers and visual artists in Montauk, Long Island. Scroll down for a look at some of the works!