Saturday, March 26, 2011

«IT'S CALLED GOSSIP AND OF COURSE IT'S AN OBSESSION OF MINE»

Since Elizabeth Taylor passed away earlier this week, it seems that almost everything in the news has been about her. Now, it seems that Andy Warhol portraits of the actress are in high demand. One is expected to sell for upwards of $30 million.
It was reported that a picture of Taylor will sell at a Christie’s art auction in New York in May, and the expected profits from this painting are expected to be around $30 million. However, it seems that the decision to put the painting up for auction was not directly related to Taylor’s death. The owner, who purchased the silk screen in 2005, says that he made the decision a few weeks before Taylor passed away. Regardless, her recent publicity will likely draw more attention to the painting and could even bring a bigger price.

www.celebritycafe.com

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