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Reading: Contemporary Art: Warhol’s “Shot Sage Blue Marilyn” to Auction
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Live Trading News > Blog > Lifestyle > Art > Contemporary Art: Warhol’s “Shot Sage Blue Marilyn” to Auction
2022

Contemporary Art: Warhol’s “Shot Sage Blue Marilyn” to Auction

Paul Ebeling
Last updated: March 23, 2022 2:21 am
Paul Ebeling
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#art #auction #painting #Warhol #Monroe #Christies

A portrait of actress Marilyn Monroe by 1960s pop icon Andy Warhol will go up for auction in May with an estimated value of $200-M, which would set a record.

The work, “Shot Sage Blue Marilyn,” “is poised to be the most expensive painting of the 20th century ever sold at auction,” said Christie’s chairman of 20th and 21st Century art.

The Y 1964 likeness of Monroe’s face screen-printed with bright yellow hair, a pink face and light blue eyeshadow, is 1 of the 5 paintings Warhol made of Monroe.

Mr. Warhol used a screening technique on these paintings, on this painting, that he never used again. It was way too complicated, way too involved.

The work comes from the Thomas and Doris Ammann Foundation in Zurich. All the proceeds of the sale will benefit the foundation, which is dedicated to improving the lives of children around the world.

“The sale of this single painting will constitute the highest grossing philanthropic auction since the collection of Peggy and David Rockefeller in 2018,” said Christie’s American Chairman.

Christie’s says the highest price paid for a Warhol was for the painting “Silver Car Crash (Double Disaster),” which sold for $105-M in Y 2013.

Have a healthy, prosperous day, Keep the Faith!

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By Paul Ebeling
Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he is the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.   
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