Sunday, November 14, 2010

BBC News - Andy Warhol piece sells for $35m

An Andy Warhol canvas of a black-and-white Coke bottle has sold for $35.36m (£22.11m) at an auction in New York.

Sotheby's said Coca-Cola [4] (Large Coca-Cola) "is a landmark in the artist's creation of his pop art style".

The artwork surpassed its original estimate of $25m (£15m).

"Men In Her Life," a 1962 painting by Andy Warhol depicting actress Elizabeth Taylor, sold for $63 million last night at Phillips de Pury & Co. in New York, becoming the second most expensive Warhol ever sold at auction. Source: Phillips de Pury & Co. via Bloomberg

On Monday, Warhol's Men in Her Life, a multi-image depiction of actress Elizabeth Taylor, sold for $63.4m (£39.6m) at a Phillips auction.

The Sotheby's auction saw 54 works go under the hammer and total sales amounted to $222.4 million (£139 million).

Other highlights included a pair of works by Gerhard Richter that fetched $13.23 million (£8.27 million) and $11.3 million (£7 million).

Francis Bacon's Figure in Movement went for $14 million (£8.7 million).

by BBC News Mobile November 10, 2010

BBC News - Andy Warhol piece sells for $35m

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