«I LIKE MONEY ON THE WALL»

Warhol’s market, at least for trophy pictures, has been on a roll recently. In 2010, fashion designer Tom Ford sold his mammoth 9-foot Fright Wig, in purple, at Sotheby’s for $32.6 million (soaring past its $15 million high estimate). This past November Warhol’s Silver Car Crash (Double Disaster) (1963) sold for $104.5 million breaking the artist’s record at auction (and far outpacing its $60–$80 million estimate). Just last month, there was fierce bidding at Christie’s for his Race Riot(1964), which ended when art dealer Larry Gagosian scooped it up for $62.9 million. Likewise, the top lot at Sotheby’s in May was Warhol’s Six Self Portraits (1986), a suite of 22″ Fright Wigs in an array of candy colors; it sold within its estimate for $30 million.

www.artnet.com

June 30 2014