Warhol Self Portrait Auctioned for $32.6M

Thursday, May 13, 2010  |  Updated 9:30 AM EDT
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Warhol Self Portrait Auctioned for $32.6M

Sothebys

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A self portrait by Andy Warhol has sold for $32.6 million -- an auction record for the artist.
    

The winning bid for "Self Portrait," the acrylic and silkscreen ink on canvas, fetched more than double the presale estimate of $15 million. It sold Wednesday at Sotheby's in New York to a telephone bidder.       
Mark Rothko's "Untitled" also surpassed expectations, selling for $31 million. Its presale estimate was $25 million.
    
Classic works have had a strong showing at the spring auctions this month.
    
On Tuesday, Jasper Johns' "Flag"sold for $28.6 million at Christie's, setting an auction record for the artist.
    
Last week, Picasso's "Nude, Green Leaves and Bust" sold at Christie's for $106.5 million. It set a world record for an
auctioned artwork.

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Posted May 13, 2010
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