Christie`s aims to set a new record for 20th-century art with the sale of Andy Warhol’s painting of Marilyn Monroe. The auction house estimates the piece, which features one of the most recognizable images of the actress, could fetch $200 million or more. This is when it goes on sale in May. The current titleholder of the most expensive works of art of the 20th century at auction is Picasso’s Les Femmes d’Alger. Piccaso’s Les Femmes d’Alger fetched $179.4 million in 2015. If successful, the sale might additionally be about double Warhol’s modern-day public sale of $105.4 million set 9 years in the past while Sotheby’s bought Silver Car Crash (Double Disaster). However, the dizzying fee tag isn’t without precedent.
What Are The Different Versions Of Marilyn Monroe’s Paintings?
This is an orange model of this Monroe portrait collection that reportedly went to hedge fund billionaire Ken Griffin. Ken hedged it for extra than $200 million in a personal sale. In 1998, Sotheby’s bought the orange Monroe portrait for $17 million. There are 5 comparable variations of this Monroe collection, every painting in a specific color. The one for sale, referred to as the Shot Sage Blue Marilyn, is known as so due to the fact in 1964 artist Dorothy Podber requested Warhol. The request was that if she ought to shoot the stack of 4 Monroe paintings. Thinking she intended to photo the works, Warhol agreed and Podber fired her revolver into the artworks. The painting comes from the collection of deceased Swiss cottage brothers Thomas and Doris Amman. Along with this, all proceeds are going to go to a fund for the benefit of children.
How Can The Painting Of Marilyn Monroe Put Warhol Next To Da Vinci?
If Monroe’s work fetches $200 million, it will become the second most expensive work of art to be sold at auction. This will be after Leonardo da Vinci’s Salvator Mundi. Salvator Mundi was bought for $450 million, well ahead of the original price of 100 million dollars initially. Alex Rotter is Christie’s President of 20th and 21st Century Art. He unequivocally called Warhol’s Portrait of Monroe one of the greatest paintings of all time. He went on to said that it stands with Botticelli’s The Birth Venus, Da Vinci’s Mona Lisa, and Picasso’s Les Demoiselles d’Avignon.