Andy Warhol Portrait Marilyn Monroe Sells For $195 Million, …


FILE PHOTO: Andy Warhol auction in New York City
Andy Warhol’s “Shot Sage Blue Marilyn”, a portray of Marilyn Monroe, is pictured on show at Christie’s Auction House upfront of the piece going up for public sale in New York, on March 21, 2022. it went for $195 million.

CARLO ALLEGRI / REUTERS

New York — Andy Warhol’s “Shot Sage Blue Marilyn” bought for a groovy $195 million on Monday, making the long-lasting portrait of Marilyn Monroe the most costly paintings by means of a U.S. artist ever bought at public sale.

The 1964 silkscreen symbol presentations Monroe in colourful close-up – hair yellow, eyeshadow blue and lips pink – on a wealthy blue background. It’s additionally the most costly piece from the 20 th century ever auctioned, consistent with Christie’s public sale space in New York, the place the sale came about.

The Warhol sale unseated the former document holder and any other trendy grasp, Jean-Michel Basquiat, whose 1982 portray “Untitled” of a skull-like face bought for a document $110.5 million at Sotheby’s in 2017.

Christie’s mentioned an unnamed purchaser made the acquisition Monday evening. When the public sale used to be introduced previous this 12 months, they estimated it might opt for up to $200 million.

“It’s an awesome value,” mentioned Alex Rotter, chairman of Christie’s twentieth and twenty first century artwork division. “Let it sink in; it is rather one thing.”

“This is the place we needed to be, obviously,” mentioned Guillaume Cerutti, CEO of Christie’s. “It proves we’re in an excessively resilient artwork marketplace.”

The proceeds of the sale will move to the Thomas and Doris Ammann Foundation Zurich, which put the portray up for public sale. The basis targets to lend a hand youngsters with well being care and academic systems.

Warhol created multiple symbol of Monroe; this actual portray has been exhibited in museums around the globe.



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