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Warhol self-portraits hit New York auction block

Warhol self-portraits hit New York auction block day after 60's works sell for combined $100M
Posted on May 14, 2014 at 2:22 a.m.

NEW YORK (AP) — A group of six Andy Warhol self-portraits from 1986 is expected to bring $25 million to $35 million at an auction at Sotheby’s in New York.

The identical silk-screen images in different colors depict Warhol in his famous “fright wig.”

Wednesday’s sale comes a day after two works from Warhol’s “Death and Disaster” series sold for a combined $100 million and a Barnett Newman painting fetched an artist record of $84.2 million in fierce bidding at Christie’s.

Warhol’s “Race Riot, 1964” — a provocative four-panel painting of unrest in Birmingham, Alabama — went for $62.9 million at Christie’s auction of postwar and contemporary works, far exceeding the estimate of $45 million.

Warhol’s 1962 painting “White Marilyn,” completed shortly after Hollywood star Marilyn Monroe took her life, sold for $41 million, well above its estimate of $12 million to $18 million.

Newman’s “Black Fire I,” a 1961 canvas showing a thick column of black alongside smaller ribbons of white and black, surpassed his auction record set last year when “Onement VI” went for $43.8 million at Sotheby’s.

The New York artist died in 1970 at age 65.

Francis Bacon’s “Three Studies for a Portrait of John Edwards,” featuring his longtime companion, sold for $80.8 million.

The 1984 work came onto the market a year after Christie’s sold Bacon’s 1969 “Three Studies of Lucian Freud” for $142.4 million, setting a world record for the most expensive artwork ever sold at auction.

Jeff Koons’ “Jim Beam J.B. Turner Train,” a 9½ -foot-long-stainless steel sculpture filled with bourbon, sold for $33.8 million.

Koons’ 7-foot-tall stainless steel sculpture, “Popeye,” is estimated to bring $25 million at Sotheby’s on Wednesday.

His “Balloon Dog (Orange)” sold last spring for $58.4 million, setting a world auction record for a living artist.




 In this July 8, 2014 photo, founder Cynthia Watkins kisses a wolf inside the Seacrest Wolf Preserve in Chipley, Fla. The 450 acre preserve is home to 30 gray, Arctic and British Columbian wolves. It is the largest wolf preserve in the Southeastern United States. The preserve was damaged during heavy rains that flooded the region in April. (AP Photo/Melissa Nelson-Gabriel)

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