Home Foreign News Warhol’s Marilyn Monroe Painting Sells For Record-Breaking £157.8m At Auction

Warhol’s Marilyn Monroe Painting Sells For Record-Breaking £157.8m At Auction

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Warhol’s Marilyn Monroe Painting Sells For Record-Breaking £157.8m At Auction

 

Andy Warhol’s 1964 silk-screen portrait of Marilyn Monroe has been auctioned for a record-breaking $195m (£157.8m).

The painting, Shot Sage Blue Marilyn, is one of the many paintings in the series Warhol made of Monroe after she died of a barbiturate overdose in 1962.

Warhol’s painting was held in the collection of Swiss art dealers Thomas and Doris Ammann and auctioned at The Christie’s in New York on Monday, 9 May.

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The pre-sale estimates of the painting were as high as $200m.

The painting was sold for a hammer price of $170m to US art dealer Larry Gagosian, according to Bloomberg. Additional fees such as a buyer’s price gave it the final value of $195m.

“Shot Sage Blue Marilyn is the absolute pinnacle of American pop,” Alex Rotter, the chairman of 20th and 21st Century art at Christie’s, said in a statement announcing the auction. “The painting transcends the genre of portraiture, superseding 20th-century art and culture.”

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