Around the World: United States

Warhol commands $43.8m

An Andy Warhol painting called 200 One Dollar Bills has sold at auction for $43.8 million, more than three times its highest presale estimate of $12 million. The silk-screen painting sold at Sotheby's on Wednesday evening. The names of the buyer and seller were not disclosed.

The work was created in 1962. It was once owned by taxi tycoon Robert C. Scull, who purchased it directly from Warhol's dealer. The current owner bought it in 1986 for $385,000.