Posts Tagged ‘warhol’
When Hugh Grant bought an Andy Warhol painting of Elizabeth Taylor for £2million, he was hailed as a true collector and art connoisseur. Six years later his image as a collector further increased when he sold the painting for an £11million profit. What was the secret to his success?
Grant, 49, had been on a two-day drinking spree when he ordered an assistant to bid for the painting at an auction in New York.
He said: ‘And to my horror, she did, and even worse, got it. I slightly regret selling it now, even though it made me rich.’
[via Daily Mail]
In November the Andy Warhol silk-screen “200 One Dollar Bills” sold for $43.7 million at auction. The Atlantic Wire has an interesting article about what makes a Warhol so valuable, even if he didn’t do the work.
“It is precisely because the 1965 Red Self Portraits were made without Warhol’s on-the-spot supervision that they are so critically important. They are the kind of transitional works museums and collectors particularly value because they show Warhol groping toward the working method he would adopt in the following decade, when his participation in the creation of his own paintings was often limited to choosing the image and signing the picture.”
Like him or not, Warhol was one marketing genius.
