Warhol’s ‘Marilyn’ auction nabs $195M; highest for US artist

NEW YORK (AP) — Andy Warhol’s “Shot Sage Blue Marilyn” offered for a cool $195 million on Monday, making the enduring portrait of Marilyn Monroe the most costly art work by a U.S. artist ever offered at public sale.

The 1964 silkscreen picture reveals Monroe in vibrant close-up — hair yellow, eyeshadow blue and lips crimson — on a turquoise background. It’s additionally the most costly piece from the twentieth century ever auctioned, in accordance with Christie’s public sale home in New York, the place the sale occurred.

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

Christie’s mentioned an unnamed purchaser made the acquisition Monday evening. When the public sale was introduced earlier this yr, they estimated it may go for as a lot as $200 million.

“It’s an amazing price,” mentioned Alex Rotter, chairman of Christie’s twentieth and twenty first century artwork division. “Let it sink in, it’s quite something.”

“This is where we wanted to be, clearly,” mentioned Guillaume Cerutti, CEO of Christie’s. “It proves we are in a very resilient art market.”

The proceeds of the sale will go to the Thomas and Doris Ammann Foundation Zurich, which put the portray up for public sale. The basis goals to assist kids with well being care and academic packages.

Warhol created a couple of picture of Monroe; this specific portray has been exhibited in museums all over the world.

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