It seems that art, and art lovers, don’t care less about recession. After all, it’s no surprise that, we, folks secure our investments rather than take risk on more affordable pieces. You know, we, folks who go to Sotheby’s auctions to invest some $ millions. The truth is I get jealous. I would be thrilled to get part of¬†those happy savvy folks at Sotheby’s last Wed 11 Nov and compete for both Andy Warhol pieces that exceeded by far their presale estimates. Touché. I am an eBay bidder! I make do with what I get. And yes, I am an avid attendant of contemporary art exhibits. Because it doesn’t feed me. Then, I’m always looking forward to understanding why people like that. No, I’m not complicated., Yes I’m a curious and empathetic individual. Hey, you never know! I used to admire runners. I forced myself to do it. And now I’m an addict.

The ’200 One Dollar Bills’ artwork has reached 3 times its highest presale estimate of $12 million, bringing $43,7 million at auction. It’s the second priciest Warhol piece, the first having been ‘Green Car Crash’ sold for a record of $71,7 million in 2007.

Picture 1

The second piece is a 1965 self-portrait that Warhol gave to Cathy Naso about 40 years ago. She was then a teenager secretary at his NY studio The Factory. She kept the piece in a cupboard and forgot it until recently. The auction has reached $6 million, 6 times the presale estimate of $1 million. Cathy Naso who attended the auction said she’s overwhelmed by the price. I’d be too.

Picture 2

This pic was released by Sotheby’s.

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Author: Gaelle

  • http://kseverny.wordpress.com kseverny

    Warhol, i’m really not suprised

  • http://beinglovingdoing.wordpress.com Gaelle

    Me neither actually.