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It's called "Rhein II" and was photographed by Andreas Gursky, and it sold on Tuesday night for $4.3 million at Christie's. That easily broke the previous record set by Cindy Sherman's "Untitled #96" which sold at a $3.89 million price point in May. Gursky's photo is also the reason you should have become an art broker, like yesterday.
http://www.theatlanticwire.com/entertainment/2011/11/most-expensive-photo-world/44772/