Andy Warhol's Jackie leads bids at $920,000

paulfrasercollectibles

2015-06-26 12:54:22

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Andy Warhol's Jackie leads bids at $920,000

Christie's day sale was led by Andy Warhol's classic depiction of Jackie Kennedy

Andy Warhol's portrayal of the glamorous Jackie Kennedy starred at Christie's day sale in London yesterday (June 28).

Andy Warholl 1964 Jackie Christie's AuctionStrong results for Warhol while Basquiat enjoys the spotlight

The auction was held as a follow-up to the record-breaking Post-War and Contemporary Art evening sale, which saw Jean-Michel Basquiat's Untitled achieve the highest price ever paid for the artist at auction.However, Warhol provided the biggest draw yesterday, with three of his workshighlighting the auction'stopsales. 1964's Jackie, one of many prints of theFirst Lady created by Warhol,topped the bill at 589,250. Similarly, Warhol's Mao - which brought the auction's second highest bids - beat its 450,000 low estimate to achieve a final realisation of 475,250, while a characteristic depiction of Surrealist artist, Man Ray, sold for $313,250 - over double its pre-sale estimate.Meanwhile, over at Philips de Pury & Company's Contemporary Art sale, which also took place in London yesterday, Warhol's work enjoyed further successspurred by the addition ofBasquiat's inimitable style. Olympics 1984, one of several collaborations between the pair, sold 125.3% above its high estimate of 3m to bring an impressive6.7m.More Basquiat successcame fromIrony of a Negro Policeman, which starred as top lot of the Philips de Pury & Company sale at8.1m.Warhol's classic prints almost always see strong results when they appear at auction, with the $37m seen by his Double Elvis in May at Sotheby's as the most notable recent sale. In May 2011, his Sixteen Jackies sold for $20.2m, also at Sotheby's.We are pleased to be able to offer collectors the most iconic Andy Warhol collectible available, his trademark black polo neck jumper, which isselling at an excellent price. Paul Fraser Collectibles continues to bring you all the latest news from the art world. Visit our dedicated Art & Photography news section for more exciting results and previews. You can also sign up to our free weekly newsletter for a round-up of the week's top stories and great investing advice.

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