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17.01.2019 14:53:39

artnet AG: WARHOL Brings the Excitement for the Legendary Pop Artist to Online Auctions


DGAP-Media / 17.01.2019 / 14:53

WARHOL Brings the Excitement for the Legendary Pop Artist to Online Auctions

artnet Auctions offers rare works by Andy Warhol on its online bidding platform


New York, January 17, 2019-On the heels of the current major retrospective at the Whitney Museum of American Art, artnet Auctions is pleased to offer works by the famed Pop artist in our latest online sale, WARHOL. Now live for bidding, this auction comes at a time of renewed interest in Andy Warhol's oeuvre and offers rare works spanning his career.

Works date from the 1950s, when Warhol was a designer illustrating shoes, and continue through the year of his death, ending with one of his few abstract subjects-camouflage.

Two notable pieces come from the former art director of Interview magazine: the beautiful Poinsettias painting (est. $80,000-120,000) and a rare-to-market print Hamburger (est. $50,000-70,000), both of which were gifted directly from Andy to the current owner. Among the sale's highlights are also unique prints and trial proofs, including a rare Orangutan (est. $60,000-80,000) from the wildly popular Endangered Species series.

artnet Auctions has long been a destination for collectors of Warhol. In 2011, the platform famously broke a record for online art sales with Warhol's Flowers (1978) painting, which sold for an astounding $1.32 million. Since then, artnet has regularly achieved impressive results for the artist's work, including the screenprint Chicken Noodle (from Campbell's Soup I) (1968) which sold for $34,200 in 2014, and the offset lithograph Liz (1964) which sold for $60,000 in 2017.

"The fascination with Warhol has been steady," says Conner Williams, head of Prints & Multiples at artnet Auctions. "Recent prices achieved at auction have proven that high-quality works-such as those included in our sale-are still in high demand. We've received exceptional works from friends and assistants of the artist, some of whom were gifted rare pieces. Warhol lovers of all stripes are sure to find a Warhol they love!"

WARHOL will be live for bidding through January 29, 2019 exclusively on artnet Auctions. It follows another recent successful single-artist sale, Beyond Recognition: Gerhard Richter, which achieved an 82% sell-through rate with several works exceeding their estimates.

Several Select works from WARHOL will also be on display in artnet's Tribeca headquarters for the duration of the sale. Viewings are available by appointment.

For press inquiries, or to schedule a viewing, please contact: press@artnet.com

About artnet

artnet is the leading resource for buying, selling, and researching art online. Founded in 1989, artnet's suite of industry-leading products has revolutionized the way people collect art today. The Price Database contains over 12 million auction results from more than 1,800 auction houses dating back to 1985, providing an unparalleled level of transparency to the art market. The Gallery Network platform connects leading galleries with collectors from around the world, offering the most comprehensive overview of artworks for sale. artnet Auctions was the first dedicated online marketplace for fine art, providing a seamless and efficient collecting experience for both buyers and sellers. artnet News covers the events, trends, and people shaping the global art market with up-to-the-minute analysis and expert commentary.

artnet AG is listed in the Prime Standard of the Frankfurt Stock Exchange, the segment with the highest transparency standards.

ISIN: DE000A1K0375
LEI: 391200SHGPEDTRIC0X31



End of Media Release


Issuer: artnet AG

17.01.2019 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: artnet AG
Oranienstraße 164
10969 Berlin
Germany
Phone: +49 (0)30 20 91 78 -0
Fax: +49 (0)30 20 91 78 -29
E-mail: info@artnet.de
Internet: www.artnet.de
ISIN: DE000A1K0375
WKN: A1K037
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange

 
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766915  17.01.2019 

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