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Michael Nelson Jagamara achieves Sotheby's auction record!

Overnight at Sotheby's London, Michael Nelson Jagamara's iconic work, Five Stories, 1984, achieved an artist record, and perhaps also a record for the highest price for any living Aboriginal artist, when the work sold for AUD$687,877 (GBP401,000), more than doubling the pre-sale estimate of AUD$256,500-$342,000 (GBP150,000-200,000). The work, offered to auction from the Gabrielle Pizzi Collection, is considered to be the most significant piece of contemporary Aboriginal Art, and is said to be the most published and exhibited work by any Indigenous Australian artist.

The work was obtained by a private US buyer, with Jagamara commenting, "Wow, that's a lot of money! It's gone to America. I went there once, New York. I think they like my work there!"