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Andy Warhol's 'Marilyn' sells for $195 mn, most ever for an US artist

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Read more about Andy Warhol’s ‚Marilyn‘ sells for $195 mn, most ever for an US artist on Business Standard. The prior record for an American artwork was $110.5 million for an untitled Basquiat in 2017.
On Monday night, a 58 year-old silkscreen by Andy Warhol sold at Christie’s for a record $195 million. The superlatives abound: With the stroke of a gavel, it became the most expensive 20th century to ever sell at auction; the most expensive American to ever sell at auction; and the second most expensive publicly sold in history. (The $450 million Leonardo da Vinci is still in first place.) Dealer Larry Gagosian, who was in the room, was the winning bidder. The painting, Shot Sage Blue Marilyn, was created by Warhol in 1964. It, along with the 35 other lots in the sale, was consigned by the Thomas and Doris Ammann Foundation in Zurich. Thomas, a noted art dealer and collector, died of AIDS-related complications in 1993; his sister Doris took over the gallery and ran it until her death last year.

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