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Wednesday, May 18, 2022

Andy Warhol portrait of Marilyn Monroe sold at auction for a record $195m

Andy Warhol’s shot of Sage Blue Merlin has gone under the hammer for $195 million (€185m), making it the most expensive work by an American artist ever sold at auction.

That famous image, created in 1964, is a close-up portrait of actress Marilyn Monroe, painted in vibrant block colors, with yellow hair, blue eyeshadow, and red lips on a blue background.

The previous record was held by Jean-Michel Basquiat, whose 1982 painting Untitled of a Skull-Like Face sold for $111 million at Sotheby’s in 2017.

According to Christie’s auction house New York, where it was sold, Warhol’s portrait is also the most expensive piece of the 20th century ever to be bought at auction.

It came from the Thomas and Doris Ammann Foundation Zurich to Christie’s, with all proceeds from the significant sale going.

The Foundation is dedicated to improving the lives of children globally by establishing a support system focused on providing health care and educational programs.

Christie’s said the piece was purchased on Monday by an unidentified buyer.

“It’s an amazing price,” said Alex Rotter, president of Christie’s 20th and 21st Century Art Department.

“Let it sink in, that’s enough.”

“This is where we clearly wanted to be,” said Christie’s CEO Guillaume Cerutti.

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“It proves that we are in a very flexible art market.”

Speaking ahead of the auction, George Frey, chairman of the board of the Thomas and Doris Amman Foundation, said: “Andy Warhol’s picture of Marilyn, certainly now more famous than the photograph on which it is based, testifies to Less visual power in the new millennium.

“The splendid picture separates the man and the star: the Marilyn woman is gone, the terrible circumstances of her life and death are forgotten.

“All that’s left is the mysterious smile that connects him to another mysterious smile of an iconic lady, the Mona Lisa.”

World Nation News Deskhttps://www.worldnationnews.com
World Nation News is a digital news portal website. Which provides important and latest breaking news updates to our audience in an effective and efficient ways, like world’s top stories, entertainment, sports, technology and much more news.
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