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Tuesday, October 26, 2010

$50 Million Warhol Stars in Christie's Contemporary Art Sale


A rare early Andy Warhol painting expected to fetch up to $50 million, the first picture by Warhol ever to be shown in a museum, headlines Christie's incredible Contemporary Art sale in New York on Nov. 10. The artist's Big Campbell's Soup Can with Can Opener (Vegetable), dated 1962 (above), is one of several multimillion-dollar Warhols on offer in the eye-popping sale. The next most expensive artwork is Roy Lichtenstein's Ohhh...Alright..., dated 1964, expected to fetch in the region of $40 million and one of a number of Lichtensteins on offer, again with several carrying multimillion-dollar estimates. Both seminal paintings "literally changed the course of art history," Christie's notes. In third place price-wise is Gerhard Richter's 1982 oil on canvas Zwei Kerzen, estimated at $12 million – $16 million, followed by Jeff Koons' steel sculpture Balloon Flower (Blue), 1995 - 2000, also estimated at $12 million – $16 million. Following that in the $9 million – $15 million range are two works by Mark Rothko, Untitled (Black on Gray) and No 18 (Brown and Black on Plum). Oligarchs and oil sheikhs, prepare your paddles.

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