New York - An online-only auction of a trove of Andy Warhol's lesser, but often hitherto unavailable works, raised $2.3m at Christie's, with a lithograph of Marilyn Monroe's lips coming out on top.
The 1964 "I Love Your Kiss Forever Forever", featuring five different-colored sets of the screen siren's lips, led the auction results at $90 000.
The week-long Internet sale, which ended on Tuesday, more than doubled its pre-sale estimate for the 125 works offered, with bargain prices attracting 263 bidders and 1 500 bids from 36 countries, Christie's said.
Raise money for grants
It was the first of several online-only auctions of the Pop Art icon's work scheduled for 2013.
Some of the works on offer were estimated before the sale to go for as little as $600. Proceeds go to The Andy Warhol Foundation for the Visual Arts, which supports artists and non-profit art associations.
The results were worthy of "Warhol's democratising vision" said Michael Straus, chairperson of the foundation board.
The Warhol Foundation announced last year that it was dispersing its collection through Christie's to raise more money for grants. Some of the works will be donated to museums.
The inaugural auction in the series, a live event held at Christie's in New York on 12 November, raised $17m.
24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.
A former British tabloid reporter has been given a 10-month suspended prison sentence for his role in the phone hacking scandal that shook Rupert Murdoch's media empire. Read More »
Actors and actresses have taken to social media to express their opinions over Israel’s attack on Gaza.
Read More »
Is she engaged?!
Nick felt 'trapped'.
He is super 'jealous'!
All the deets here!
That's not funny!
The use of passive investment products, like Exchange Traded Funds, to deliver low-cost investment performance is taking off.
GautengInvestong Human Capital
GautengKencorpR5 000 - R18 000 Per Month
HousesR 1 800 000
HousesR 1 500 000
HousesR 4 400 000