Sunday, August 02, 2009

Jackson Warhol Picture Goes To Auction

The Andy Warhol portrait of Michael Jackson will be up for auction in New York this month and looks set to fetch millions as the King of Pop Art and the King of Music go under the hammer. The co-owner of the gallery said, "The portrait was painted at the height of their careers and is a celebration of two of the great talents in global cultural history."

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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