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was paid for Mao's pic in N.Y.Action finally!
earlier news
Warhol's 'Mao' Offered at NYC Auction
NEW YORK (AP) -- One of Andy Warhol's iconic images of Mao Zedong, considered by most experts as the best in the series, is being offered for sale.
The piece is expected to bring between $8 million and $12 million to the Swiss-based Daros Collection, owner of one of the greatest private holdings of Warhol paintings, according to Christie's auction house, which announced the offering Monday.
"This work has the most prestigious provenance, staggering wall-power and is literally an icon of the 20th century," said Brett Gorvy, the head of postwar and contemporary art at Christie's.
The silk-screen portrait, measuring 81 inches by 61 inches and showing Mao in a dark blue jacket against a light blue background, is set to be auctioned Wednesday at Christie's Rockefeller Center galleries.
Beside "Mao," the auction will offer seven other Warhols from other private collections, including "Orange Marilyn" (1962), with a presale estimate of $10 million to $15 million, and "Sixteen Jackies" (1964), with an estimate of $12 million to $16 million.
Warhol was not shy about cashing in on what he perceived to be the capitalist collector's fascination with China and its leader.
"Andy Warhol was in love with fame," said Gorvy. "At the moment in history, 1971-72, it was the reopening of China to the West. China was creating new relations with America. Nixon had gone over to China so Chairman Mao's image was everywhere and Warhol captured that."
The auction house said "Mao" constituted Warhol's first political portrait, successfully paving the way for a number of other political portraits and subjects including "Lenin" and "Hammer and Sickle."
The silk-screen image was derived from an official state portrait of the Communist leader on the cover of a book entitled "Quotations from Chairman Mao Tse-Tung."
It was one of a series of 10 large scale portraits Warhol made of Mao in 1972. Art experts consider "Mao" to be the best in the group.
Christie's said the board of the Daros Collection was selling the image "to raise proceeds for future acquisition of prime works from the 1960s." The Daros Collection includes such Warhol works as "210 Coke Bottles," "Blue Liz as Cleopatra" and "AtomicBomb."
In May, an early iconoclastic work by Warhol of a Campbell's soup can titled, "Small Torn Campbell's Soup Can (Pepper Pot)," sold for almost $11.8 million at Christie's.
earlier news
Warhol's 'Mao' Offered at NYC Auction
NEW YORK (AP) -- One of Andy Warhol's iconic images of Mao Zedong, considered by most experts as the best in the series, is being offered for sale.
The piece is expected to bring between $8 million and $12 million to the Swiss-based Daros Collection, owner of one of the greatest private holdings of Warhol paintings, according to Christie's auction house, which announced the offering Monday.
"This work has the most prestigious provenance, staggering wall-power and is literally an icon of the 20th century," said Brett Gorvy, the head of postwar and contemporary art at Christie's.
The silk-screen portrait, measuring 81 inches by 61 inches and showing Mao in a dark blue jacket against a light blue background, is set to be auctioned Wednesday at Christie's Rockefeller Center galleries.
Beside "Mao," the auction will offer seven other Warhols from other private collections, including "Orange Marilyn" (1962), with a presale estimate of $10 million to $15 million, and "Sixteen Jackies" (1964), with an estimate of $12 million to $16 million.
Warhol was not shy about cashing in on what he perceived to be the capitalist collector's fascination with China and its leader.
"Andy Warhol was in love with fame," said Gorvy. "At the moment in history, 1971-72, it was the reopening of China to the West. China was creating new relations with America. Nixon had gone over to China so Chairman Mao's image was everywhere and Warhol captured that."
The auction house said "Mao" constituted Warhol's first political portrait, successfully paving the way for a number of other political portraits and subjects including "Lenin" and "Hammer and Sickle."
The silk-screen image was derived from an official state portrait of the Communist leader on the cover of a book entitled "Quotations from Chairman Mao Tse-Tung."
It was one of a series of 10 large scale portraits Warhol made of Mao in 1972. Art experts consider "Mao" to be the best in the group.
Christie's said the board of the Daros Collection was selling the image "to raise proceeds for future acquisition of prime works from the 1960s." The Daros Collection includes such Warhol works as "210 Coke Bottles," "Blue Liz as Cleopatra" and "AtomicBomb."
In May, an early iconoclastic work by Warhol of a Campbell's soup can titled, "Small Torn Campbell's Soup Can (Pepper Pot)," sold for almost $11.8 million at Christie's.
