Warhol Self Portrait Auctioned for $32.6M

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    NEWSLETTERS

    Sothebys

    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.