Andy Warhol's “Shot Sage Blue Marilyn” portrait sold for a record $195 million on Monday, making the iconic portrait of actress Marilyn Monroe the most expensive work by an American artist ever sold at auction.
The 1964 painting Shot Sage Blue Marilyn by Andy Warhol is carried in Christie's showroom in New York City on Sunday, May 8, 2022. The auction house predicts it will sell for $200 million on Monday, becoming the most expensive 20th-century artwork to"This shows that quality and scarcity are always going to push the market forward," Andrew Fabricant, the chief operating officer of Gagosian galleries and a top art dealer, toldThe buyer of the iconic artwork has not been identified.
In addition to making history as the most expensive American artwork sold at auction, the Monroe portrait also became the second-most expensive auctioned piece of art, trailing only Leonardo da Vinci’s "Salvator Mundi," which sold for $450 million in 2017. The "Shot Sage Blue Marilyn" was one of five versions of the portrait Warhol painted two years after Monroe's death in 1964, each with a different color scheme. The portraits were seen as some of Warhol’s most iconic works. Hedge fund billionaire Ken Griffin recently purchased an orange version of the painting for more than $200 million.
The portraits, based off a promotional picture of the actress from the 1953 movie "Niagara," became even more famous after a woman came into Warhol’s art studio and fired a gun at a stack of four of them. The shooting would become part of the portraits' titles. 1956: American actor Marilyn Monroe adjusts her make-up, using a handheld mirror on the set of director Joshua Logan's film, 'Bus Stop'. She is standing next to a movie camera in a crowd of people.The painting sold Monday had been owned by a Swiss art dealer family since the 1980s. The proceeds will go to charity to support health and education programs for children around the globe.
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Andy Warhol’s $195 Million Portrait Of Marilyn Monroe Breaks Record For Most Expensive American ArtworkI am a Texas native covering breaking news out of New York City. I was previously an editorial assistant at the Forbes London bureau. Follow me on Twitter reporterfield.
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Andy Warhol's ‘Marilyn' Sells for $195 Million, Setting Record for American ArtAndy Warhol’s 1964 portrait of Marilyn Monroe sold for $195 million at Christie’s Monday night, becoming the most expensive work of American art ever sold.
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Andy Warhol’s ‘Marilyn’ Portrait Sells for Record-Setting $195M“Shot Sage Blue Marilyn” was sold to dealer Larry Gagosian after a four-minute bidding battle.
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Andy Warhol's ‘Shot Sage Blue Marilyn' Sells for $195M at NY Auction, Most for a U.S. ArtistAndy 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.
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