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Andy Warhol Self-Portrait Sells For $17 Million As London Art Boom Continues

andy warhol portrait sells for 17 million

Last month, an Andy Warhol portrait of Mao Zedong from late actor Dennis Hopper's collection sold for $302,500.

While that seemed like a lot of money at the time, it's NOTHING compared to what art dealer Larry Gagosian paid for a Warhol self portrait at Christie's on Wednesday.

Gagosian dropped 10.8 million pounds, or $17 million, on a "crimson acrylic and silkscreen Warhol portrait, dating from 1967," which hadn't been publicly shown in over 30 years!

Overall, the Christie’s International auction made 61.4 million pounds ($99 million), strongly contributing to the Art Boom currently taking place in London.

Who is your favorite artist? How much would U spend for their work?

[Image via WENN.]

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Iconic Warhol Screenprint Owned By Dennis Hopper Auctioned For Ten Times Its Original Estimation!

Filed under: Wacky, Tacky & True

iconic-warhol-screenprint-owned-by-dennis-hopper-auctioned-for-ten-times-its-original-estimation

Ha! We suppose it IS truly one of a kind!

An Andy Warhol portrait of communist founder Mao Zedong (above), owned - and apparently repeatedly shot at - by Dennis Hopper sold for ten times its high estimate during an auction of the late actor's art collection at Christie's yesterday!

The 1972 screenprint was estimated to sell for $20-$30k during the two-day event, but was considered unique because of the bullet holes in it, which Hopper famously fired when he "mistook the portrait on his wall for Mao himself and shot at it."

He later showed Warhol himself what he had done, who decided to consider the work a collaboration, and then drew circles around the points of entry, labeled the hole over Mao's right shoulder a "warning shot" and the one in his left eyelid the "bullet hole."

The piece was sold yesterday for a whopping $302,500!

Wow! With a story like that, we're frankly surprised that no one expected it to sell higher than their original estimation!

Who wouldn't want something that ridiculous?!

LOLz! Hopefully now it's going to a good home!

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