A portrait of Marilyn Monroe in Warhole could fetch a record 200 million

Wrote Oscar Holland, CNN

One of Andy Warhol’s iconic Marilyn Monroe portraits could become one of the most expensive works of art of the 20th century that could go under the hammer, with an expected bid of $ 200 million in the “area” of auctioneer Christie’s.

The 40-square-inch “Shot Sage Blue Marilyn”, one of dozens of paintings Monroe made in the 1960s, will go on sale in New York this May, the auction house announced Monday.

A colorful reproduction of Warhol’s portrait of a Hollywood star – originally promoting his 1953 film “Niagara” – is one of Campbell’s most recognizable works, along with his signature portraits of Soup Can.

American pop artist Andy Warhol photographed in 1983 at his New York studio, Factory. Credit: Brownie Harris / Corbis / Getty Images

Using a technique called silkscreen printing, which mimics images on paper or canvas using a layer of fine-mesh silk like a stencil, he began making them in 1962, shortly after Monroe’s death. Like portraits of other celebrities, including Elvis Presley and Chinese leader Mao Zedong, the pop artist has created numerous versions of Monroe’s portraits in a variety of colors and configurations.

The most famous is “Marilyn Diptich”, owned by British gallery group Tate, which saw Warhol print a grid of 50 portraits on two canvases. Elsewhere, the Museum of Modern Art’s “Gold Marilyn Monroe” features a single image printed on a gold background, where the “Shot Marilyn” artist is seen shooting a portrait of the star through the head with a bullet.

In 1964, he created a “more refined and time-intensive” new process that, according to Christie, “was the opposite of the mass production for which he was best known.” That year, he used it to create a limited number of portraits – before abandoning the technique – in a rare group of works that included “Shot Sage Blue Marilyn.”

"Shot Sage Blue Marilyn" By Andy Warhol.

Andy Warhol’s “Shot Sage Blue Marilyn”. Credit: Christie’s

A handful of paintings are thought to have garnered over $ 200 million in personal sales tags (including works by abstract expressionist painters Willem de Kooning and Jackson Pollock), although the work has only won one auction – “Salvator Mundi in 2017” by Leonardo da Vinci. More than 50 450 million were sold. The current auction record for a 20th-century painting is পাব 179.4 million paid for Pablo Picasso’s “Les Fames D’Alzer (version O)” in 2015.
The current auction record for a Warhall job is set by “Silver Car Crash (Double Disaster)”, which represents the aftermath of a road collision nearly a decade ago after selling for over $ 105 million. Several of her Marilyn paintings have also garnered huge sums at auction in recent years, with the 1962 “White Marilyn” selling for $ 41 million in New York in 2014.

“Shot Sage Blue Marilyn,” meanwhile, was owned by high-profile galleryists and collectors before the late Swiss art dealer Thomas Amman bought it. It is being put up for auction by the Thomas and Doris Amman Foundation Zurich, a charity founded in her (and her sister’s) name, which will use the proceeds to finance health and education activities for children worldwide, according to a press release.

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Described by Christie’s as “one of the rarest and most exciting paintings of existence”, the portrait is on display in galleries including the Guggenheim Museum in New York, the Center Pompidou in Paris and Tate Modern in London.

In a press statement, Christie, chairman of the 20th and 21st Century Arts, described the work as “the pinnacle of American pop” and “the most significant painting of the 20th century to be auctioned off in a generation.”

“Botticelli’s’ Birth of Venus’, Da Vinci’s’ Mona Lisa ‘and Picasso’s’ Les Demoisles d’Avignon’, ‘Warhol’s’ Marilyn’ is definitely one of the best paintings of all time,” he added, “and this is once. For public presentation at the auction. “

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