The 1976 “The Sugar Shack” painting by former professional football player Ernie Barnes sold on May 12, at Christie’s auction house for $15.2 million. That’s 76 times its high estimate. The painting used on Marvin Gaye’s 14th studio album cover “I Want You” and from the 19070’s TV sitcom “Good Times”. The sale set a new record, and it’s also the first time Barnes’ work made an appearance at the evening sale, the company said on its website. Hedge fund manager and poker player Bill Perkins bought the piece after more than 10½ minutes of bidding, the company said.
Source: USA Today