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    Silver Liz by Andy Warhol sold for £6,762,150


    Some £500 million-worth of art is to be sold at auction in London’s biggest-ever season of sales in the last week of June 2010.

    An icon of Pop Art – Silver Liz by Andy Warhol (1928-1987) – will come up at Christie’s the Post-War and Contemporary Art evening auction on June 30. Painted in 1963  this rare portrait image of actress Elizabeth Taylor  is expected to realise £6 million to £8 million.  (It sold for £6,762,150).

    Sotheby’s expects to achieve more than £200 million from their series of sales. Highlights of their Impressionist and Modern art sales on June 22/23 include Edouard Manet’s Self Portrait with a Palette (£20-30 million), Derain’s Arbres à Collioure (see April 28 post on this blog) is estimated at £9-14 million and Henri Matisse’s Odalisques jouant aux dames (£10-15 million). Major School of London artists Lucian Freud, Leon Kossoff and Frank Auerbach will feature at Sotheby’s contemporary sales on June 28-29.

    Post war and contemporary artists on offer at Christie’s include Roy Lichtenstein, Andreas Gursky, Gerhard Richter, Jeff Koons, Alexander Calder, Jean-Michel Basquiat and Alighiero Boetti. Three works by Alexander Calder (1898-1976) include Two Fish Tales, 1975, expected to realise £1.2 million to £1.8 million.

    Christie’s will offer an exceptional water-lily painting by Claude Monet (1840-1926) at the Impressionist and Modern Art Evening Sale in London on June 23. Nymphéas, 1906, was included in the artist’s historic exhibition of the water-lily series in Paris in 1909 and remained in the ownership of the celebrated Durand-Ruel art dealing family for a number of following decades. Offered at auction from a private collection, it is expected to realise £30 million to £40 million.  (This painting turned out to be the biggest casualty of the sales as it failed to find a buyer and was said to have been over estimated. Despite this the sale set a new record for a London auction at £153 million).

    ‘Silver Liz’  is on display in the exhibition ‘Andy Warhol. The Early Sixties’ at the Kunstmuseum in Basel, Switzerland to January 23, 2011.

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