NY auction of Warhol works fetches over $17M

NY auction of Warhol works fetches over $17M

Credit: AFP/Getty Images

A woman walks by a poster advertising an auction sale of works by US artist Andy Warhol at Christie's in New York, November 13, 2012. A plan to sell off the Andy Warhol Foundation's entire collection of works by the Pop artist got off to a $17 million start at Christie's late November 12, 2012. The sale on Monday in Manhattan saw 91 percent of lots going under the hammer. The 354 works auctioned were led by "Endangered Species: San Francisco Silverspot," which sold for $1.26 million, in the range of the pre-sale $1-1.5 million estimate. AFP PHOTO/Emmanuel DUNAND (Photo credit should read EMMANUEL DUNAND/AFP/Getty Images)

Print
Email
|

by Associated Press

Associated Press

Posted on November 13, 2012 at 11:05 AM

Updated Tuesday, Nov 13 at 1:26 PM

NEW YORK (AP) — The first in a series of live and online auctions to raise money for the Andy Warhol Foundation for the Visual Arts in New York has collected over $17 million.

Monday's auction at Christie's featured works by Warhol ranging from prints to photographs, some of which have not been seen by the public.

The top sale was "Endangered Species: San Francisco Silverspot," a print that fetched over $1.2 million. Other highlights included "Jackie," a screen print and paper collage of Jacqueline Kennedy that sold for over $626,000. That's more than double its high estimate of $300,000.

The foundation says the money raised for its endowment from the sales would allow it to expand support of the visual arts, fulfilling Warhol's purpose in establishing it.

Online auctions will begin in February.

Print
Email
|