rkitek
New Member
Posts โข 867
Likes โข 143
December 2006
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Warhol's "Self Portrait" at Sotheby's, by rkitek on May 13, 2010 1:38:38 GMT 1, Earlier this evening Andy Warhol's โSelf Portraitโ was sold at Sotheby's for $32.6 million, more than twice its $15 million high estimate. Nice to see that someone out there still has "deep pockets."
Earlier this evening Andy Warhol's โSelf Portraitโ was sold at Sotheby's for $32.6 million, more than twice its $15 million high estimate. Nice to see that someone out there still has "deep pockets."
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eyectopus
Junior Member
Posts โข 1,099
Likes โข 786
June 2008
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Warhol's "Self Portrait" at Sotheby's, by eyectopus on May 13, 2010 12:10:56 GMT 1, Did I see one of the lads predict on this site that Warhols were due to double?
Did I see one of the lads predict on this site that Warhols were due to double?
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Warhol's "Self Portrait" at Sotheby's, by howlinhooker on May 13, 2010 14:02:16 GMT 1, YEAH "LEE3" predicted a double up for mr warhol!!!!!!!!!
YEAH "LEE3" predicted a double up for mr warhol!!!!!!!!!
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lee3
New Member
Posts โข 832
Likes โข 1,289
November 2009
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Warhol's "Self Portrait" at Sotheby's, by lee3 on May 14, 2010 18:35:56 GMT 1, >>>YEAH "LEE3" predicted a double up for mr warhol!!!!!!!!! <<
I did; clearly I was wrong. I thought the flag would go for double what it did and lift the price of art across the board. Clearly the best of the best is increasing at outrageous pace. The rest is languishing with notable exceptions. Yes, while a massive fight wig (my old avatar, those were the days) doubled it's estimate range, I couldn't have been more wrong when it comes to the rest of Warhol as it was largely flat and unimpressive. Silver Liz is the best of category. However, there were a number of 40 inch portraits and Sotheyby's that failed to attract a buyer at $200k which is a very low price for a canvas of that size. Even the ads paintings were bringing in half of what they were 4 or 5 months ago. It will be interesting to see what the July auctions bring as they'll be priced in pounds sterling which has the advantage of being weaker to more currencies than the dollar for the NY auctions.
The equity markets are not doing art any favors either and if France and/or Germany opposes the idea of lending their balance sheet to the marginal Euro members (economically) then, well I don't want to think about then.
>>>YEAH "LEE3" predicted a double up for mr warhol!!!!!!!!! <<
I did; clearly I was wrong. I thought the flag would go for double what it did and lift the price of art across the board. Clearly the best of the best is increasing at outrageous pace. The rest is languishing with notable exceptions. Yes, while a massive fight wig (my old avatar, those were the days) doubled it's estimate range, I couldn't have been more wrong when it comes to the rest of Warhol as it was largely flat and unimpressive. Silver Liz is the best of category. However, there were a number of 40 inch portraits and Sotheyby's that failed to attract a buyer at $200k which is a very low price for a canvas of that size. Even the ads paintings were bringing in half of what they were 4 or 5 months ago. It will be interesting to see what the July auctions bring as they'll be priced in pounds sterling which has the advantage of being weaker to more currencies than the dollar for the NY auctions.
The equity markets are not doing art any favors either and if France and/or Germany opposes the idea of lending their balance sheet to the marginal Euro members (economically) then, well I don't want to think about then.
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