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Palm Beach Modern sets major house records on May 6; Sam Francis painting tops $600,000

May 6th was a stellar day for Palm Beach Modern Auctions? co-owners Rico Baca and Wade Terwilliger. Not only did their 492-lot offering of blue-chip modern art, design and luxury goods set a house record for a one-day auction ? $1.9 million ? it also showcased an important Sam Francis painting that ended up being the most expensive item ever to cross the PBMA auction block.
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