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Ball point pen on the morning newsprint

Andy Warhol's "200 One Dollar Bills" was on the block at Sotheby's last night. The opening bid was $6 million, with an estimate of $12 million but sold for a staggering $43.7 million, marking an end to the 12 month slump in the contemporary art market. The seller turned a huge profit having purchased the pop work for $385,000 in 1986.

4 Comments
  1. November 12, 2009 -

    Oh, I love this Warhol, Larry! You nailed him, for sure!

  2. November 12, 2009 -

    Thanks Sue. As you probably know, he started as an illustrator in the fashion industry. I thought it appropriate to pay homage to the pop icon by doodling him on todays advertisements.

  3. November 12, 2009 -

    You definitely captured his irreverent, whatever, smug expression. Just a thought, this doodle would be against a newspaper article about stocks going up. I never really dug Warhol. And I definitely understand why he was attracted to the work and energy of Basquiat and Herring. WOW 386k 1986 -> 43.7 million 20+ years later!?! The irony is KILLING me, 200 one dollar bills = $386,000 = 43.7 million!!! Personally I always thought that fine art was more about a hustle than anything else. I would just love to hear how art history teachers are explaining why artists putting elephant dong on the walls of the Brooklyn Museum or bicycle tire in the middle of the MOMA are celebrated. More importantly I really need to know who regularly purchases these works. I have 'stuff' to sell. Ok, rant ends now.

  4. November 12, 2009 -

    Agreed Vee...don't get me started on Duchamp's Urinal. But while the fine art world generally looked down their nose at commercial art while practicing commercialism, Warhol embraced commercialism, so regardless of what you think of his work, you can't call him a hypocrite. That's why the ad reference as opposed to the stock page, which would have worked as well.