Photo of Kuwait Stock Exchange Sold for KD283,000 as Part of Lot

To clarify, the photo above was part of a lot of 6 photos taken by the famous photographer Andreas Gursky. He’s known for taking pictures of repetitive units. Two weeks back the photo took part in one of Sotheby’s Auctions. They’re an auction house where millionaires come and bid for what artwork they want.

The lot of 6 which includes the photo above was sold for a whopping £662.500 (~KD 283,637). I too can take a photo of the Kuwait Stock Exchange and don’t charge that much. To my surprise the bid was reasonable, auctions normally go way higher. Picasso’s painting was sold for $104.2 million at Sotheby’s.