Warhol’s ‘Marilyn’ auctioned for $195m
Ahead of the auction, Christie’s wrote that the painting is “one of the rarest and most transcendent images in existence”, with a selling price “in the region” of $200m.
NEW YORK: An iconic painting of Marilyn Monroe by Andy Warhol has been auctioned for $195m making it the most expensive piece of 20th Century art ever sold.
The painting, Shot Sage Blue Marilyn, was painted by Warhol in 1964 using a famous photograph as inspiration.
The amount is also the highest ever paid for an American work of art.
The Christie’s auction in New York was widely seen as a symbol of the luxury art market’s health.
Ahead of the auction, Christie’s wrote that the painting is “one of the rarest and most transcendent images in existence”, with a selling price “in the region” of $200m.
The auction ended with a sale price of $170m, which rose to $195m with taxes and fees taken into account. The name of the buyer of Shot Sage Blue Marilyn was not announced.
Visit news.dtnext.in to explore our interactive epaper!
Download the DT Next app for more exciting features!
Click here for iOS
Click here for Android