David Hockney painting sells for a record $0 million

A crowd of people attend the sale where David Hockney's Portrait of an Artist (Pool with Two Figures) is actually displayed at Christie's in brand-new York.

Don Emmert | AFP | Getty Images

A crowd of people attend the sale where David Hockney’s Portrait of an Artist (Pool with Two Figures) is actually displayed at Christie’s in brand-new York.

A painting by British artist David Hockney has sold for more than $0 million — a world record cost for a work by a living artist.

“Portrait of an Artist (Pool with Two Figures)” was sold at auction in brand-new York for $0,312,500, Christie’s auction house announced Friday.

Bidding on the 1972 painting opened at $18 million as well as also quickly surpassed the previous record held by “Balloon Dog (Orange),” a piece by Jeff Koons in which sold for $58 million in 2013.

Hockney’s painting, described by Christie’s as a “masterpiece,” was sold in under 10 minutes.

in which appeared last year in an exhibition named after the artist, opening at London’s Tate Britain in February before touring to the Centre Georges Pompidou in Paris as well as also the Metropolitan Museum in brand-new York.

The artist abandoned the painting in 1971 before returning to the idea the following year. in which was completed the night before being transported to brand-new York’s Andre Emmerich Gallery for exhibition.

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