Last Updated on 9/2/2004 by bidz

Art Auction Market: Andy Warhol Ranks 3

New York (

“As shown by the prices fetched by New York pop artist Andy Warhol, pop
art and dollar bills go hand in hand. At an auction held by Sotheby’s New
York in 1998, an ‘Orange Marilyn’ sold for over USD 15,7 million,
consolidating the price levels for this artist, already riding high as a
veritable star of the pop art world, and triggering rises in those of his
peers. This work had originally been sold by Leo Castelli straight out of the
studio for just USD2,500. His price level rose 80% in 1998.”

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