Andy Warhol's 'Shot Sage Blue Marilyn' sold for a cool $195 million on Monday, making the iconic portrait of Marilyn Monroe the most expensive work by a U.S. artist ever sold at auction.
Associated Press NEW YORK — Andy Warhol's"Shot Sage Blue Marilyn" sold for a cool $195 million on Monday, making the iconic portrait of Marilyn Monroe the most expensive work by a U.S. artist ever sold at auction.
The Warhol sale unseated the previous record holder and another modern master, Jean-Michel Basquiat, whose 1982 painting"Untitled" of a skull-like face sold for a record $110.5 million at Sotheby's in 2017. "It's an amazing price," said Alex Rotter, chairman of Christie's 20th and 21st century art department."Let it sink in, it's quite something."
The proceeds of the sale will go to the Thomas and Doris Ammann Foundation Zurich, which put the painting up for auction. The foundation aims to help children with health care and educational programs.
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