ART: Auction Results, Egon Schiele

New York real estate developer Fred Elghnayan won Egon Schiele’s brilliant gouache, watercolor, ink and pencil portrait on paper, “Erich Lederer Standing with Hand on Hip” (1913) for £657,250 ($1,027,939) (est. £300-400,000).

I have loved Schiele since I walked into an exhibit in Milan in 1993 in the rain and was struck by his powerful fluid drawings and their erotic content.

A million dollars for a drawing.