Late Warhol self-portrait sells in NYC for $27.5M | Inquirer Entertainment

Late Warhol self-portrait sells in NYC for $27.5M

/ 10:52 AM May 12, 2011

NEW YORK—A 1986 Andy Warhol self-portrait that was among the last of his paintings exhibited while he was alive has sold at a New York City auction for $27.5 million.

The stark red-on-black “Self-Portrait” had been estimated to bring up to $40 million at Christie’s auction house Wednesday.

The painting is almost 9 square feet (0.84 sq. meters). It’s considered a landmark work by the American Pop artist. It was exhibited for the first time in London in 1986, just six months before Warhol’s death.

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Another Warhol self-portrait painted from 1963 to 1964 sold for $38.4 million at Wednesday’s auction.

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The auction record for a Warhol is $71.7 million, for “Green Car Crash.”

Warhol died in February 1987 at age 58 from complications following surgery.

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