Last year was a record one for the Czech art market. According to ART+ statistics, collectors and investors spent CZK 946 million at Czech auctions and 157 works were auctioned for more than one million korunas each. One would need CZK 123 million to buy the ten most expensive paintings. Czech art also did well at foreign auctions. At a price exceeding CZK 60 million, František Kupka’s Étude sur Fond Rouge became the most expensive Czech artwork ever sold at auction.