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    Tuesday, January 11th, 2011

    Monumental Warhol self-portrait. (click on image to enlarge) UPDATE: IT MADE £10,793,250

    THIS re-discovered self-portrait by Andy Warhol (1928-1987) from 1967 comes up at Christie’s in London on February 16.  Completely unpublished, it has been in a private collection since 1974 when it was acquired from Leo Castelli, Warhol’s primary dealer.  The six foot square work is one of an historic series of 11 large-scale self-portraits executed in 1967, five of which are in museums (Tate, London; The Staatsgalerie Moderne Kunst, Munich; the San Francisco Museum of Modern Art; and two at the Detroit Institute for Arts).

    Francis Outred, Head of Post-War and Contemporary Art, Christie’s Europe: “I’m incredibly excited at the prospect of offering this rediscovered masterpiece by Andy Warhol. At the time of its execution Warhol was at the peak of his creative powers and this very rare series of works were the largest self-portraits he had made. This work shows a classic image of the artist in an imposing, larger than life scale, with an extraordinary presence of thick, red paint. That five of the works from this series are in museums is a testament to their importance.”
    It will be offered at the Post-War and Contemporary Art Evening Auction and is expected to realise £3 million to £5 million.
    A shot up Warhol portrait of Mao Zedong made $302,500 at Christie’s in New York on January 11, more than 10 times its high estimate. Easy Rider start Denis Hopper shot two bullet holes through the 1972 portrait. A friend of the actor, who died aged 74 last May, explained that Hopper saw the Mao out of the corner of his eye in the shadows and was so spooked that he shot at it. A delighted Warhol called him a collaborator and labelled the damage  “warning shot” and ” bullet hole”.   It had been estimated at $20,000 to $30,000.
    UPDATE|  It made £10,793,250.


    Tuesday, October 26th, 2010
    Christie’s Post-War and Contemporary art evening sale in New York on November 10 includes acclaimed masterpieces by Andy Warhol, Roy Lichtenstein, Jeff Koons and Mark Rothko as well as one of the finest examples from Gerhard Richter’s revered Candle Paintings Series. Christie’s will sell  the major estates on offer this season —the collections of computing pioneer Max Palevsky, actor Dennis Hopper, gallerist and taste-maker Robert Shapazian and philanthropic art collector Nancy Epstein. This auction is estimated to realize upwards of $240 million.
    “This sale contains the high quality, rarity and provenance that creates fireworks at auction,”  Robert Manley of Christie’s New York remarked.
    “Collectors are vying for the best works by the major artists of the last sixty years and Christie’s evening sale is loaded with museum masterpieces.”