Tracey Emin sells new painting for £2.3 million to fund art studio

Tracey Emin’s new, searingly personal painting has sold for a whopping £1.9 million (£2.3 million with fees) at Christie’s, four times over its low estimate. The renowned artist will use the money to support her artists’ studio complex in Margate. “It’s amazing. It’s going to make a massive difference,” marvelled Emin. “The support for what I’m doing in Margate is phenomenal.”

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