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ENTERTAINMENT
17 Feb 2011
ANDY WARHOL SELF-PORTRAIT SELLS FOR 10.8M

A rare Andy Warhol self-portrait has sold for £10,793,250 ($17,441,892) at auction, having been in private hands since 1974.

The red-and-white silkscreen portrait, which measures 6ft (1.8m) by 6ft, had a pre-sale estimate of £3m to £5m.

It was bought by an anonymous bidder at the auction held by Christie's in London.

It was executed in 1967 and one of an historic series of 11 large-scale self-portraits created that year.

Warhol was at the height of his fame when he first exhibited his self-portrait at the Expo 67 world fair in Montreal, Canada.

The piece, which was put up for sale by the estate of the painting's owner after their death, was exhibited in public for the first time at Christie's in New York from 22 to 26 January this year.

"It drew great admiration both at the exhibition and in the saleroom," said Francis Outred, co-head of contemporary and post-war art at Christie's.

"It has been an incredibly exciting journey to work with a previously unknown work by Andy Warhol, particularly one with such historic importance."

American Warhol, a leading figure in the pop art movement, died in 1987 at the age of 59.
source:http://www.bbc.co.uk

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