A Tiffany lamp sold for $2,807,500 at an auction at Christie's Friday, shattering the record for a work by the famed glass studio.
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The pink lotus lamp was sold to an anonymous buyer during the auction house's 20th-century decorative arts sale after an estimate of $2.5 million to $3.5 million. The price also set a new world auction record for any 20th century decorative arts object.The previous record for a Tiffany lamp was set a year ago, at $1,102,500.