That Didn't Take Long: Instantaneously capitalizing on Elizabeth Taylor's death, Phillips de Pury auction house announced this morning that it will be offering an Andy Warhol portrait of the actress in its May 12 contemporary art sale, carrying a seriously hefty estimate of up to $30 million. Titled "Liz #5," the 1963 portrait — silk-screened against a turquoise background — comes from an unnamed private collection, and will hit the block at a time of potentially extraordinary interest.
Beyond any ghoulish increase the actress's passing might confer on the painting's price, it comes to auction just months after "The Men in Her Life," a 1962 Warhol painting depicting Taylor, sold at Phillips for $63.4 million — the second-highest price ever for a Warhol at auction.
No comments:
Post a Comment