Digital Editions
Newsletters
Subscribe
Digital Editions
Newsletters
Art market
Museums & heritage
Exhibitions
Books
Podcasts
Columns
Technology
Adventures with Van Gogh
Art market
Museums & heritage
Exhibitions
Books
Podcasts
Columns
Technology
Adventures with Van Gogh
Art market
archive

First results for Warhol Foundation sell-off

The inaugural sale made $17m last month

Charlotte Burns
1 December 2012
Share

Christie’s inaugural sale of works from the Andy Warhol Foundation for the Visual Arts made $17m last month, selling 91% by lot and 82% by value. The auction was split into three parts: photography, paintings and prints. The photographs sold 97% by value, making $1.2m against presale estimates of $910,000 to $1.3m. Photo-booth works were the least popular, with most coming in below estimate or passing, but stitched silver-prints were sought after, including Poster, Gay Pride ’82, around 1982, which sold for $64,900 (est $25,000-$30,000). The prices achieved for Polaroids of celebrities depended on their subject: the singer Carly Simon ranked low on the list, with her 1970s portrait selling for $3,750 (est $6,000-$8,000), but a 1977 picture of a handsome Dennis Hopper sold for $30,000 (est $8,000-$12,000). Coolest in class, though, was the maestro himself. Warhol’s Self-portrait in Fright Wig (left), 1986, sold for $50,000 (est 12,000-$18,000). C.B.

Art marketAndy WarholChristie'sThe Andy Warhol Foundation
Share
Subscribe to The Art Newspaper’s digital newsletter for your daily digest of essential news, views and analysis from the international art world delivered directly to your inbox.
Newsletter sign-up
Information
About
Contact
Cookie policy
Data protection
Privacy policy
Frequently Asked Questions
Subscription T&Cs
Terms and conditions
Advertise
Sister Papers
Sponsorship policy
Follow us
Instagram
Bluesky
LinkedIn
Facebook
TikTok
YouTube
© The Art Newspaper

Related content

Art marketnews
21 March 2022

Shotgun the Warhol: Christie's to sell Shot Sage Blue Marilyn for $200m

The painting, being sold by the Thomas and Doris Ammann Foundation, could become the most expensive 20th century work of art ever sold at auction when it is offered in New York in May

Daniel Cassady
Newsarchive
1 December 2007

Warhol Foundation report looks back on 20 years of philanthropy

The New York organisation has disbursed more than $200m in cash grants and art donations since the artist's death in 1987

Jason Edward Kaufman
Art marketarchive
30 April 2007

Christie’s Warhol could set new record in New York

The work is one of the “Death and Disaster” series which rarely come on the market

Georgina Adam