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Andy Warhol


ANDY WARHOL AUCTION RESULTS

Nineteen auction records were set at Christie's contemporary art auction on November 16, 2006. The sale included eight works by Andy Warhol which brought in a total of $59.7 million. The Hong Kong based self-made real estate billionaire Joseph Lau, who ranked 451 on this year's Forbes list of the World's Richest People, purchased a large Mao canvas (1972) from the Daros Collection in Switzerland for $17,376,000 (including a commission of approximately $1 million).

An Orange Marilyn went for $16,256,000 (including commission) to an anonymous telephone bidder, outstripping its presale estimate of $15 million. Another phone buyer purchased a 24 inch square Flowers (1964) for $2,256,600. Sixteen Jackies was sold to Andrew Fabricant of the Richard Gray gallery for $15,696,000 (including commission).

The head of Christie's post-war and contemporary art section, Brett Gorvy, noted that "Warhol's genius hovered over the sale throughout the evening. Never before had a group of Warhol works of this magnitude been presented on one auction and it attracted bidders and buyers from around the globe."

sources:
www.artnet.com/magazineus/news/artmarketwatch/artmarketwatch11-16-06.asp
www.chinadaily.com.cn/china/2006-11/17/content_735517.htm

 

Andy Warhol