Iconic painting of Marilyn Monroe sold for record-breaking $195m | latest news from nigerian newspapers today

Iconic painting of Marilyn Monroe sold for record-breaking $195m

An iconic painting of marilyn monroe by andy warhol is now the foremost andy warhol piece of twentieth Century art ever sold, when it was auctioned for $195m (£158.17m) .

The amount is also the highest ever paid for an yank work of art.The painting, Shot Sage Blue Marilyn, was painted by warhol in 1964 famous famous photograph as inspiration.

Ahead of the auction by Christie’s in new york, Christie’s wrote that the painting is “one of the rarest and most transcendent images in existence”, with a price “in the region” of $200m.

Iconic painting of Marilyn Monroe sold for record-breaking $195m | latest news from nigerian newspapers today
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Bloomberg reports that the winning bidder was who art dealer Larry Gagosian, who owns for children of art galleries.According to Christie’s on Mon, May 9, all the income of the sale can go to the Switzerland-based Thomas and doris Ammann Foundation city, which works to establish healthcare and education programmes for children for children world.

The auction ended with a purchase price of $170m, that rose to $195m with taxes and costs taken into account.

The price also smashes the previous record for a twentieth Century work of art, set in 2015 once a 1955 painting by Picasso – Les Femmes d’Alger (Version O) – sold for $179.4m, including fees.

The previous record value for a bit of american artwork was $110.5m for a skull painting created in 1982 by Warhol’s riva, Jean-Michael Basquiat.

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