ART HISTORY - An Arctic painting of Nerke, Greenland by Group of Seven artist Lawren Harris sold today for $2,072,500.The Canadian Art piece was originally estimated at only $300,000.
The Sotheby's sale also included works by Emily Carr, Jean-Paul Riopelle, Tom Thomson and Alex Colville.
Art market sales were down earlier this month in the United States and London were hurt by sagging demand for high-end pieces, but Canadian art sales have been doing surprisingly well despite the current economic recession.
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