Later, the same price was fetched by a still life of peonies painted by Matisse in 1907.
The price fetched by the instantly recognisable Warhol "product" will have encouraged many of today's young artists.
In the United States, Guadet retails between $25 and $40 a bottle, far below the hundreds or even thousands fetched by elite Bordeaux wines.
Even more revealing about the buyers' eagerness were some of the prices fetched by 20th-century artists.
Any painting set in the concrete of history will go for prices very far above those otherwise fetched by works by the same artist, regardless of school.
It was the high price fetched by Nortel's patents that opened the eyes of Motorola's directors, people briefed on the matter said.
Tax advantages partly explain how Linn can pay just a 20 percent premium for Berry, about half the average fetched by exploration companies last year, according to Thomson Reuters data.
All the region's governments mourn the end of the stockmarket boom and the prices once fetched by telecoms and energy companies.
In May, his Orange, Red, Yellow was sold in New York for $86.9m£53.8m8m) – the highest price ever fetched by a piece of contemporary art at auction.
However ludicrous the prices fetched by paintings, you can see why a wealthy person or institution would be willing to stump up.
