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  • WARHOL ON-LINE AUCTION ACHIEVES $2.2 MILLION, DOUBLE THE ESTIMATE

    THE first Andy Warhol @ Christie’s online-only sale achieved $2,297,375—twice the pre-sale estimate. The auction, which finished yesterday, attracted 65,000 visitors and 263 bidders. This generated over 1,500 bids from 36 countries. The sell rate was as 99% by lot and by value. Proceeds will benefit The Andy Warhol Foundation for the Visual Arts and will enable it continue to develop long term support of the visual arts.
    The sale featured works representing a wide array of media spanning the artist’s career, many never before seen by the public. Estimates ranged from $600 to $70,000. Highlights included I Love Your Kiss Forever Forever (lot 94), a 1964 lithograph in color, which made $112,500 – almost 40 times its pre-sale estimate. In the bottom of My garden (lot 52), the complete book of offset lithographs colored by hand c1956 made $80,250. The Self-Portrait with Fright Wig screenprint on t-shirt (lot 16) realized $47,500. Especially notable was the turnout for the Warhol photographs, which represent 46% of the lots and were 100% sold.
    The next Andy Warhol @ Christie’s sale in April 2013 will be dedicated to the artist’s legacy at the Studio 54 nightclub.

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