NY auction of Warhol works fetches over $17M
Updated: 2012-11-13 14:48
(Agencies)
|
|||||||||
An Andy Warhol silkscreen of actor Marlon Brando, "Marlon," a 1966 silkscreen, is shown in this Christie's handout image on September 5, 2012. [Photo/Agencies] |
The first in a series of live and online auctions to raise money for the Andy Warhol Foundation for the Visual Arts in New York collected over $17 million Monday.
The auction at Christie's featured 354 works by Warhol ranging from prints to photographs, some of which have not been seen by the public. Online auctions will begin in February.
Leading the sale was "Endangered Species: San Francisco Silverspot," a print that fetched over $1.2 million, Christie's said. Other highlights included "Jackie," a screen print and paper collage of Jacqueline Kennedy that sold for over $626,000, more than double its high estimate of $300,000.
Christie's said the auction saw a strong demand for unique photographs and prints with many exceeding high estimates, including "Self-Portrait in Fright Wig," estimated at $12,000 to $18,000, which sold for $50,000.
The foundation said the money raised for its endowment from the sales would allow it to expand support of the visual arts, fulfilling Warhol's purpose in establishing it.
"The new level of global access to Andy Warhol's work that this series of sales makes possible, along with the bolstering of our philanthropic base, makes this an important moment for the Foundation and indeed for the world of art," said Joel Wachs, President of The Andy Warhol Foundation for the Visual Arts.
Michael Straus, the foundation's Chairman of the Board, welcomed the results of the first auction.
"It has allowed us to increase our grant-making capacity at a time when the arts community needs support and has engaged an ever-expanding audience with the art of Andy Warhol," Straus said.
- 'Taken 2' grabs movie box office crown
- Rihanna's 'Diamonds' tops UK pop chart
- Fans get look at vintage Rolling Stones
- Celebrities attend Power of Women event
- Ang Lee breaks 'every rule' to make unlikely new Life of Pi film
- Rihanna almost thrown out of nightclub
- 'Dark Knight' wins weekend box office
- 'Total Recall' stars gather in Beverly Hills
Most Viewed
Editor's Picks
Supplies pour into isolated villages |
All-out efforts to save lives |
American abroad |
Industry savior: Big boys' toys |
New commissioner
|
Liaoning: China's oceangoing giant |
Today's Top News
Health new priority for quake zone
Xi meets US top military officer
Japan's boats driven out of Diaoyu
China mulls online shopping legislation
Bird flu death toll rises to 22
Putin appoints new ambassador to China
Japanese ships blocked from Diaoyu Islands
Inspired by Guan, more Chinese pick up golf
US Weekly
Beyond Yao
|
Money power |