Hedge-fund manager Steve Cohen has reportedly enlisted Phillips de Pury to auction off the portrait of the late screen star.
He is asking for at least $20m at its major sale of contemporary art on May 12 in New York, The Wall Street Journal reported today.
The 1963 silkscreen, “Liz #5,” depicts the actress – who died on Wednesday, aged 79 – during her “BUtterfield 8” heyday, her red lips forming a serene smile and her eyelids swathed in blue eyeshadow. The work comes from Warhol’s signature 1960s series of pop-culture icons such as Marilyn Monroe and first lady Jacqueline Kennedy.
Near the market’s peak four years ago, Christie’s sold actor Hugh Grant’s 1963 Warhol portrait of Taylor, “Liz,” for $23.5 million.
The auction house has tried to leave as little as possible to chance. It has arranged for outside investors to guarantee Cohen an undisclosed price for the painting unless another bidder offers even more during the auction – an arrangement called a third-party guarantee.
The current auction record for Warhol was set four years ago when Christie’s got $71.7m for the artist’s 1963 “Green Car Crash.”
The exhibition, organized by Museo de Arte del Banco de la República in conjunction with the Andy Warhol Museum in Pittsburgh and curated by Philip Larratt-Smith, offers a complete panorama of the work of this fertile artist and it is the largest exhibition ever organized in a Latin American museum. The list of works of art comprises 26 paintings, 57 silk screens, 39 photographs and 2 installations (‘Silver Clouds’ and ‘Cow wallpaper’). Fourteen of his films will also be screened at the Fundación Gilberto Alzate Avendaño. Andy Warhol, “Mr. America” explores all aspects and periods from this multi-facetic production from this artist, with a particular emphasis in the period between 1961 and 1968. On exhibition 18 June through 21 September, 2009.
It was during the 1960s that Warhol began to make paintings of iconic American products such as Campbell’s Soup Cans from the Campbell Soup Company and Coca-Cola bottles, as well as paintings of celebrities such as Marilyn Monroe, Troy Donahue, and Elizabeth Taylor. He founded “The Factory,” his studio during these years, and gathered around himself a wide range of artists, writers, musicians, and underground celebrities. He began producing prints using the silkscreen method. His work became popular and controversial.
Among the imagery tackled by Warhol were dollar bills, celebrities and brand name products. He also used as imagery for his paintings newspaper headlines of photographs of mushroom clouds, electric chairs, and police dogs attacking civil rights protesters. Warhol also used Coca Cola bottles as subject matter for paintings.
New York’s Museum of Modern Art hosted a Symposium on pop art in December 1962 during which artists like Warhol were attacked for “capitulating” to consumerism. Critics were scandalized by Warhol’s open embrace of market culture. This symposium set the tone for Warhol’s reception. Throughout the decade it became more and more clear that there had been a profound change in the culture of the art world, and that Warhol was at the center of that shift.
A pivotal event was the 1964 exhibit The American Supermarket, a show held in Paul Bianchini’s Upper East Side gallery. The show was presented as a typical U.S. small supermarket environment, except that everything in it from the produce, canned goods, meat, posters on the wall, etc. were created by six prominent pop artists of the time including the controversial (and like-minded) Billy Apple, Mary Inman, and Robert Watts. Warhol’s painting of a can of Campbell’s soup cost $1,500 while each autographed can sold for $6. The exhibit was one of the first mass events that directly confronted the general public with both pop art and the perennial question of what is art.
As an advertisement illustrator in the 1950s, Warhol used assistants to increase his productivity. Collaboration would remain a defining (and controversial) aspect of his working methods throughout his career; in the 1960s, however, this was particularly true. One of the most important collaborators during this period was Gerard Malanga. Malanga assisted the artist with producing silkscreens, films, sculpture, and other works at “The Factory”, Warhol’s aluminum foil-and-silver-paint-lined studio on 47th Street (later moved to Broadway). Other members of Warhol’s Factory crowd included Freddie Herko, Ondine, Ronald Tavel, Mary Woronov, Billy Name, and Brigid Berlin (from whom he apparently got the idea to tape record his phone conversations).
During the 60s, Warhol also groomed a retinue of bohemian eccentrics upon whom he bestowed the designation “Superstars”, including Edie Sedgwick, Viva, and Ultra Violet. These people all participated in the Factory films, and some, like Berlin, remained friends with Warhol until his death. Important figures in the New York underground art/cinema world, such as writer John Giorno and film-maker Jack Smith, also appear in Warhol films of the 1960s, revealing Warhol’s connections to a diverse range of artistic scenes during this period.
The Museo de Arte del Banco de la República inaugurated in 2004, next door to the Museo Botero, it houses the bank’s art collection and different art exhibits throughout the year. Opens Mondays through Saturdays -except Tuesdays- from 9 am to 7pm. Sundays from 10 am to 5 pm. Visit : www.lablaa.org/museodearte.htm
The first ever authorized DVD release of films by iconic artist Andy Warhol is finally available. The release, in conjunction with The Andy Warhol Museum, features a slew of prolific subjects including the likes of Nico, Lou Reed, Edie Sedgwick, and Dennis Hopper amongst others. The DVD is comprised of 13 classic Warhol silent film portraits presented with newly commissioned soundtracks performed by Dean Wareham and Britta Phillips. Originally shot between 1964 and 1966 at Warhol’s Factory studio in New York City, this compilation is definitely a nice historical piece to own. Available now through Plexifilm for $30 USD while a more Limited Edition version is available for $250.
The Johnson Center for the Arts located in downtown Troy, Alabama, in conjunction with the Warhol Museum, one of the four Carnegie Museums of Pittsburgh, will feature an exhibition by Andy Warhol. Exclusive to The Johnson Center for the Arts, Alabama’s first Andy Warhol retrospective brings together an outstanding selection of prints that capture a variety of subjects including celebrity, novelty, ordinary and the artist himself. The retrospective features a selection of works that span Warhol’s most influential three decades of the 60’s, 70’s and 80’s. The exhibition will be highlighted by The Center’s Grand Opening to be held at 2 PM on September 14th.
A complete set of Andy Warhol’s silkscreen and acrylic paint “Athletes” series will go on show at the Faurschou gallery in Beijing on 26 July in an exhibition timed to coincide with the Olympics… Their display in China, along with other Warhol portraits of celebrities such as Michael Jackson, represents the first major show by the artist in mainland China where his market has never been tested.
Via: The Art Newspaper
Two Warhol’s and three Roy Lichtenstein’s were stolen from the Abergs Museum. Carina Aberg, an official at the Abergs Museum, stated to Art Daily, “Early this morning, the 18th of July, burglars broke up a door in Abergs Museum, rushed in and quickly grabbed exactly what they wanted, they must have known where there were a couple of Warhol-pictures and three Lichtensteins. We send along pictures of the stolen artwork. Police have no trace of the burglars and the artwork could have already left the country.”
The Michael Kohn Gallery is pleased to present “Photographs,” which is an exhibition of Andy Warhol photographs that were taken between 1976 to 1987. Many of you are familiar with his trademark silkscreened paintings, but he also had amazing ability behind the camera. This is the first time for his photographs to be on displayed on the West Coast, so this is certainly a special occasion. 200 black and white photographs have been selected for showing, with all of them being taken during this art legend’s last 10 years. This show will be running through August 22nd.
Star photographer, Ron Galella, had a particular interest in Andy Warhol. This book is a compilation of all his photos of the pop art icon. The collection follows Warhol from the 60’s through to his death in 1987. Available at 25 Books.
Via: Art School Vets.
Credited as one of the major artistic innovators of the 20th century, Warhol’s fame spread well beyond painting and printmaking. Filmmaker, sculptor, author, collector, publisher, provocateur, music producer, celebrity—Warhol understood and negotiated the ride of fame, a sophisticated arbiter and manipulator of popular culture and fashion. On view May 30, 2008 to August 24, 2008.
Warhol: Larger than Life examines the entirety of the artist’s career. Its Larger than Life focus considers three main issues: the elevation of everyday subject matter to the sphere of “Fine Art,” the celebration of celebrities and their larger than life existences, and finally, the creation of Andy Warhol—his metamorphosis from Andrew Warhol, a sickly young boy from a poor neighbourhood in depression era Pittsburgh to the trendsetter of New York. Of interest to Canadian audiences, the exhibition also explores Warhol’s contact with this country, be it in terms of events, exhibitions, celebrities, or controversy.
Warhol: Larger than Life is an expansive project of over 150 paintings, drawings, prints, sculptures, photographs, archival ephemera and films spanning some four decades of production. Working directly with The Andy Warhol Museum in Pittsburgh, PA, the WAG enjoyed full access to its considerable collection of art and archives.
Visit The Art Gallery of Greater Victoria at : www.aggv.bc.ca/
In this post-Postmodern world of branding collaborations as high culture, one would be hard pressed to find a more bankable teaming than UK art star DAMIEN HIRST, necrotic Pop Art master ANDY WARHOL, and American denim stalwarts LEVIS, a fact clearly evidenced by the turnout for Saturday nite’s collection debut at Santa Monica’s FRED SEGAL. The brand brought new life to their Warhol license by double collabing with modern Pop master Hirst, whose diamond skull and color dot motifs dominated the largely monochrome collection, often mingling with and overlaying Warhol’s vintage graphics on an array of T-shirts, denim (including the unfortunate pair of rhinestone-studded men’s jeans), and accessories. The high (or was it low?) point of the collection was Hirst’s custom-made spin art jeans available for a reported $80K per pair that sent the faithful into palpable envy frenzy. The admittedly beautiful hardcover catalog accompanying the event was worth the haul out to the beach and is available at the installation for a limited time.