$7.5 million for Princess Gloria's contemporary art at Phillips

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Heard the one about the auctioneer and the Punk Princess? Read Artnet's report of Phillips' sale of contemporary art owned by this German aristocrat who married in to the wealth of the Thurn und Taxis family of Germany. Auctioneer Simon de Pury had such fun, he paused the proceedings to tell the audience a joke. Read it here and decided for yourself whether it was funny.