Warhol’s ‘Marilyn’ breaks US auction record for $ 195 million

First Lot, by American ideologue Mike Pitlow. “Not Picasso (Father with beachball)”Estimated at $ 60,000 to $ 80,000, with fees going up to $ 1.3 million.

Peter Brand, the collector seated in the third row, bought the third place of Francesco Clemente.Fourteen stations, no. XIFor $ 1.9 million, it is estimated at $ 80,000 to $ 120,000. Later dealer Larry Gagosian bought a blue, green and purple painting of Cy Twombly on a wooden board for about $ 17 million and over $ 15 million.

In comparison, the Marilyn silk-screen – which Rotor recently called “the most important 20th-century painting in a generation” – felt like something of an anticlimax. Yes, it was a record, but speculation rose to $ 400 million before the auction. Instead, the bidder seemed to grab the bid, and eventually the painting went to the Caucasus; It is not clear on whose behalf he bid.

“The expectation was very, very high,” said art consultant Abigail Asher. “It’s an incredibly healthy price, but at the same time I believe the buyer got a deal. It is one of the symbols of 20th century art.

Some wondered if the stock market’s poor performance on Monday could have stalled the “Marilyn” auction. Warhole painting, one-fifth of a series, is based on a promotional photo of the actress’ “Niagara” movie, which is part of a series of “Shot Marilyn” portraits. In 1964, a woman entered a Warholes factory studio with a pistol and shot four Marilyn sketches. (The canvas auctioned at Christie’s was not punctured by a bullet.)

Amman Siblings bought the job in 1998 from Media President SI Newhouse Jr.; That year, Newhouse Warhol’s “Orange Marilyn” (1964) was purchased in Sotheby’s. $ 17.3 million. In 2017, after Newhouse’s death, billionaire hedge-finance manager Ken Griffin personally bought the job for about $ 200 million.

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