03-22-2022, 09:01 PM

why is this woman smiling?
Warhol’s ‘Blue Marilyn’ Poised to Fetch $200 M. Could Set a Record for One of Art History’s Most Expensive Artists
https://www.artnews.com/art-news/news/wa...234622390/
In what may become one of the most expensive works of contemporary art ever to be sold at auction, a sixty-year-old portrait of Marilyn Monroe by Andy Warhol will be sold at Christie’s this May. Coming to a 20th-century art evening sale in New York with an estimate upon request, Shot Sage Blue Marilyn (1964) is expected to fetch a sum around $200 million. If it reaches expectations, the sale could nearly double Warhol’s current record of $105.4 million, set when his 1963 canvas Silver Car Crash (Double Disaster) sold at Sotheby’s in 2013.
Measuring 3 feet square, the silkscreen painting depicts a press photo from Monroe’s 1953 film Niagara. The image is one Warhol used repeatedly in his work until his death in 1987. It derives from his “Shot Marilyn” portrait series, which Warhol produced after an incident at his downtown studio in 1964 when a visitor shot into and damaged a stack of canvases.
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The sale of the Warhol portrait marks another boost to the post-pandemic art market, as major, long-awaited consignments become available from the holdings of collectors from the Silent Generation. Before Thomas Ammann acquired the work in the 1970s, it belonged to New York publisher and storied collector S.I. Newhouse.
Warhol produced only five versions of the present painting; others remain in private hands of major collectors like American investors Peter Brant and Ken Griffin.