The iconic Shot Sage Blue Marilyn by Andy Warhol was marketed yesterday, May possibly 9, for $195 million, developing it as the most expensive 20th century artwork to provide at auction, and the second maximum price tag for an artwork bought in auction.
The sale was 98% marketed by worth, demonstrating sturdy demand from collectors and self-confidence in the market place. The sale captivated participation from bidders in 29 nations around the world, with 68% of plenty offering over the superior estimate. Extra highlights from the sale incorporate history price ranges for 6 artists. Francesco Clemente’s The Fourteen Stations, No. XI, marketed for three periods the prior report at $1,860,000, with bids coming from at minimum nine bidders. Ann Craven’s I Wasn’t Sorry, 2003 attained eight times the earlier file, fetching $478,800, with levels of competition from 15 bidders. The other information were: Mike Bidlo (three occasions the earlier history), Mary Heilmann, Martin Disler, and Ross Bleckner. Just after Warhol’s Marilyn, the top heaps were being Cy Twombly’s Untitled, which obtained $21 million Robert Ryman’s Untitled, which bought for $20.1 million and Cy Twombly’s Venere Sopra Gaeta, at $16.9 million.
Alex Rotter, Christie’s Chairman of 20th and 21st Century Artwork, commented: “Tonight was a historic night time for Christie’s and for the overall up to date artwork market place. The report-breaking sale of Warhol’s legendary portrait of Marilyn from the Assortment of Thomas and Doris Ammann is a testomony to the energy, the vibrancy, and the all round exhilaration of the art market nowadays. This sale demonstrates the pervasive power of Andy Warhol as perfectly as the lasting legacy that he proceeds leave behind in the artwork earth, well known culture, and culture.”
About Shot Sage Blue Marily
When Sam Hunter involved Shot Sage Blue Marilyn on the include of his seminal textbook, Modern-day Art: Painting, Sculpture, Architecture, Warhol’s portrait of Marilyn Monroe became a person of modern art’s most common icons. As an emblem of the American Pop Art movement, Marilyn represented the optimism and individuality and of the put up-war Renaissance, fame, and celebrity. And nonetheless, 60 many years immediately after Monroe’s premature death, Warhol’s picture has turn into so a lot far more than the symbol of a one inventive motion. Marilyn is a Masterpiece, not bound to time or place.
The information of Monroe’s dying on 5 August 1962 struck a particular chord for Warhol, who commenced immortalising her in his perform soon thereafter, utilising a cropped publicity nevertheless from the motion picture Niagara. As Warhol ongoing to ideal his matter make any difference, Monroe the star became Marilyn, the Masterpiece.
‘Warhol’s picture of Marilyn — absolutely now additional famous than the photograph on which it is dependent — bears witness to her undiminished visible electrical power in the new millennium,’ clarifies Georg Frei, Thomas Ammann Fine Art AG companion and editor of the Warhol catalogue raisonné. Certainly, as Monroe, the actress, fades from general public consciousness, Warhol’s image of her stays immediately recognizable within just the canon of artwork.