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Gibson, ex-wife sell art collection at a loss

Melbourne: Actor Mel Gibson and his ex-wife Robyn Moore suffered loss on their multimillion dollar art collection that was recently auctioned due to the global economic slump.

The former couple auctioned their collection, while their divorce gets wrapped up.

However, the auction at New York`s Christie`s auction house saw unusually less biddings.

The pair faced a loss of 2 million dollars on their famous Maxfield Parrish Daybreak.

Moore had bought the 1922 oil painting four years ago for 7.6 million dollars. An anonymous buyer has now bought it for 5.2 million dollars.

Another of the Gibson`s Parrish paintings, `Sing a Song of Sixpence`, was sold below its lowest sales estimate of 300,000 dollars. It fetched 2.2 million dollars.

The whole Gibson consignment sold for 10.1 million dollars, according to The Art Newspaper.

It had been expected to raise anything between 9.7 million dollars and 15.6 million dollars, reports a news daily.

The couple had filed for divorce last April.

ANI

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