The famous portrait of Marilyn Monroe on a silk screen by Andy Warhol from 1964 sold at auction for $ 195 million, setting a new record for the work of the American artist.
Shot Sage Blue Marilyn is one in a series of portraits Warhol made on the actress after her death in 1962 and has since become one of pop art’s most famous works.
Held in the collection of Swiss art dealers Thomas and Doris Ammann, it was sold by Christie’s at auction in New York on Monday. Pre-sales estimates have reached as much as $ 200 million.
The painting sold for $ 170 million. The added fees gave him a final price of $ 195 million.
The sale broke the previous record of American artwork at an auction of $ 110.5 million set in 2017 for a 1982 Jean-Michel Basquiat painting.
“Shot Sage Blue Marilyn is the absolute pinnacle of American pop,” said Alex Rotter, president of the 20th and 21st Century Arts Board at Christie’s, in a statement announcing the auction. “Painting transcends the genre of portraiture, replacing 20th century art and culture.”
The image is built on a promotional photo of Monroe from the 1953 film Niagara, shown in bright colors over her eyes, hair and lips.
Its title refers to an incident in which a woman shot at a pile of four Marilyn portraits in Warhol’s studio from a gun, although Shot Sage Blue Marilyn was not hit by a bullet.
Monroe was one of the most famous Hollywood stars before her death from an overdose at her home in Los Angeles on August 4, 1962.
Warhol died in 1987.