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

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.

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

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.