Andy Warhol’s “Elvis” fetches $37 million at auction

(10 May 2012) May 9 2012
1. Roy Lichtenstein’s “Sleeping Girl” being unveiled for auction
2. Mid of painting
3. Various of bidding
4. SOUNDBITE (English) Tobias Meyer, Sotheby’s Auctioneer:
“At 40 (m) million dollars, and it’s Lisa’s bid not yours, I shall sell it then for 40 million dollars (44,882,500 including commission), thank you Lisa.”
May 8 2012
5. Close of “Sleeping Girl” painting
May 9 2012
6. Francis Bacon’s “Figure Writing Reflected in Mirror”
7. Sotheby’s workers taking phone bids
8. Electronic screen showing bidding price
9. SOUNDBITE (English) Tobias Meyer, Sotheby’s Auctioneer:
“At 40 million dollars, a choice bid against the four of you, I shall sell it then for 40 (m) million dollars. All done, fair warning, at 40 million dollars (44,882,500 including commission), sold.”
May 8 2012
10. Various of “Figure Writing Reflected in Mirror”
May 9 2012
11. Andy Warhol’s “Double Elvis” being moved into place
12. Wide of auction
13. SOUNDBITE (English) Tobias Meyer, Sotheby’s Auctioneer:
“33 (m) million dollars (37 million US dollars including commission). Fair warning, your bid, not yours, I’m very sorry, but I’m glad for you, 33.”
May 8 2012
14. Various of Warhol’s “Double Elvis”
May 9 2012
15. SOUNDBITE (English) Tobias Meyer, Sotheby’s Auctioneer:
“We are thrilled about the “Double Elvis” at 37 (m) million dollars, so all our three top lots, estimated 30-40 million dollars, sold in this global market. You could see that we had global bidding on all the lots, especially on the Lichtenstein, you saw how many bidders were pursuing such a beautiful icon that we were very proud of.”
16. Wide of auction
STORYLINE:
Sotheby’s auction house has had another record night, with work by contemporary artists such as Andy Warhol fetching multi-million dollar prices at a sale in New York on Wednesday.
American Pop artist Roy Lichtenstein’s “Sleeping Girl,” depicting a woman with closed eyes and flowing blond hair, was sold for a record price of nearly 45 (m) million US dollars by Sotheby’s auctioneer Tobias Meyer.
“Sleeping Girl,” was one of a series of sexy comic book-inspired images created by the artist in the 1960s, the work was exhibited only once – at the Museum of Contemporary Art in Los Angeles in 1989-90.
Another major work on the auction block, Francis Bacon’s “Figure Writing Reflected in Mirror” also sold for 44,882,500 US dollars.
Warhol’s “Double Elvis (Ferus Type),” a silver silkscreen image of Elvis Presley depicted as a cowboy, fetched more than 37 million US dollars.
The auction house said it was the first “Double Elvis” to appear on the market since 1995.
Warhol produced a series of 22 images of Elvis.
Nine are in museum collections.
It had been expected to sell for between 30 and 50 (m) million dollars.
The buyers’ names for each of the pieces were not released.
The sale came on the heels of art auction history.
Last week, the auction house sold Edvard Munch’s “The Scream” for 119.9 (m) million US dollars, making it the most expensive artwork ever sold at auction.

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