A monumental Warhol painting, part of one of his most important series, sold for $84.5 million at the auction house, more than 131 times the price it sold for in 1973.
A security guard stands next to a painting by Andy Warhol.
The movie "White Disaster (White Car Crash 19 times)" sold for $74 million.
The painting, which was made in 1963, was estimated to fetch more than $80 million but David Galperin, the auction house's head of contemporary art in New York, told Forbes before the sale that with a work of "This quality and rarity and immense visual power, the sky'
In 1987, the painting was sold at Christie's for $650,000, but it has been sold privately since.
$200 million. That is the record for the most expensive work by Warhol to ever be sold at an auction. It is not clear if Gagosian bought the painting for a wealthy client. The portrait of Monroe was part of the personal collection of Ammann and his sister. The current seller of "White Disaster (White Car Crash 19 Times)" is a friend of Warhol's who sold "White Disaster (White Car Crash 19 Times)" in 1996.
The piece titled "White Disaster (White Car Crash 19 Times)" is related to Warhol's "Silver Car Crash 2 (Double disaster)", a piece that sold for $105.4 million at Sotheby's in 2013 and was the most valuable Warhol work to ever sell at that time The images of a car crash were used in both works.
This auction season, the painting is fetching a sky-high price. Paul Allen's art collection became the most expensive art collection ever sold at auction when it sold for $1.6 billion last week. Five paintings sold for nine-figure sums. A painting by Piet Mondrian sold for over 50 million dollars.
The Andy Warhol painting could net 80 million dollars at the auction.
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