The 1984 portrait of Jackson will start with an opening bid of $800,000 - the average auction figure reached for a comparable Warhol portrait in recent years is $17 million. In the past the top price for a Warhol picture at auction is $71.7 million for 'Car Crash', and the top price for a Warhol portrait $28 million for 'Lemon Marilyn' - both sold at Christies in New York in 2007.
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