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Warhol highlights Phillips auction of contemporary art, May 2011

Andy Warhol - Liz #5, 1963

Andy Warhol
Liz #5, 1963

Andy Warhol highlights Phillips auction, May 2011 Phillips de Pury & Company will include 51 lots in its sale of contemporary art, May 12, 2011, with a pre-sale estimate of $84,970,000 to $120,500,000. The auction is highlighted by a glamorous portrait of Elizabeth Taylor painted by Andy Warhol in 1963]]>

April 26, 2011, source: Phillips / theartwolf.com

“Liz #5” is a magnificent testament to Warhol’s fascination with celebrity and mass media. Being offered for sale less than two months after the death of Elizabeth Taylor, the auction will be a posthumous tribute to the Hollywood icon. The work comes from the collection of Ileana Sonnabend, who acquired the painting directly from the artist.

But “Liz” will not be the only work by Warhol to shine at the sale. “Flowers” (1964) is a highly attractive example from Warhol’s “Flowers” series, estimated at $8-12 million. According to the press note published by Phillips, this work “captures the ethos of a society in transition, the civil unrest of the 1960s just underway seems to percolate beneath the seemingly joyful and placid image”. Less ‘joyful’ and ‘placid’ though still very interesting is “Mao (Mao 10)”, a portrait of the Chinese leader painted in 1973, and estimated at $3,500,000 to $4,500,000.

“Still life with Mirror” (1972) is a good example of Roy Lichtenstein’s pop style, and carries an estimate of $6-8 million. Richard Prince’s, “Crashed (Wayward Nurse)”, 2006 – 2010, is one of the most important works by the artist to come to the art market in recent years, estimated at $4-6 million.

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Warhol highlights Phillips auction of contemporary art, May 2011