10 May 2022

Andy Warhol Marilyn Monroe print sells for record $US195 million at auction

2:51 pm on 10 May 2022

Pop artist Andy Warhol's famed 1964 silk-screen portrait of Marilyn Monroe has sold for $US195 million at auction, a record for a work by an American artist sold at auction.

A woman takes a photo of Andy Warhol's 'Shot Sage Blue Marilyn' during Christie's 20th and 21st Century Art press preview at Christie's New York on April 29, 2022 in New York City.

Shot Sage Blue Marilyn seen during Christie's 20th and 21st Century Art press preview in New York last month. Photo: AFP

Shot Sage Blue Marilyn is one in a series of portraits Warhol made of the actress following her death in 1962 and has since become one of pop art's best-known pieces.

Held in the collection of Swiss art dealers Thomas and Doris Ammann, it was sold by Christie's at an auction in New York. Pre-sale estimates had reached as high as $US200m.

The painting sold for a hammer price of $US170m but added fees gave it a final price of $US195m.

The sale broke the previous record for an American artwork at auction of $US110.5m set in 2017 for a 1982 painting by Jean-Michel Basquiat.

"'Shot Sage Blue Marilyn' is the absolute pinnacle of American Pop," Alex Rotter, chairman of 20th and 21st Century art at Christie's, said in a statement announcing the auction. "The painting transcends the genre of portraiture, superseding 20th century art and culture."

The painting is built on a promotional photo of Monroe from the 1953 film Niagara, screened with bright colours over her eyes, hair and lips.

Its title refers to an incident in which a woman shot at a stack of four Marilyn portraits in Warhol's studio with a pistol, although Shot Sage Blue Marilyn was not struck by a bullet.

Monroe was one of Hollywood's best-known stars before her death of an overdose at her home in Los Angeles on 4 August 1962.

- Reuters

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