Art Market: Warhol: Famous for $500M
Norman, Geraldine, The Independent (London, England)
WHEN Andy Warhol died on 22 February 1987, he left 4,118 paintings, 5,103 drawings, 19,086 prints and 66,512 photographs, besides some very valuable real estate and cupboards overflowing with antiques and junk.
While many people still marvel at the consecration of stencil-coloured photographs of tinned food and movie stars as high art, Warhol's work has been known to attract vast prices - Shot Red Marilyn, a screenprint through which a bullet passed while it was still in his studio, sold for $4.7m ( pounds 3.25m) at Christie's in 1989. The estate is clearly worth a mint but its precise valuation has been bitterly disputed. The drama has kept the New York art world …
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Publication information: Article title: Art Market: Warhol: Famous for $500M. Contributors: Norman, Geraldine - Author. Newspaper title: The Independent (London, England). Publication date: July 3, 1994. Page number: Not available. © 2009 The Independent - London. Provided by ProQuest LLC. All Rights Reserved.
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