Andy Warhol’s Liz Taylor portrait could fetch as much as $30 million
Some unidentified private collector is going to make some huge money when his iconic Andy Warhol painting of Elizabeth Taylor will go under the hammer on May 12 in New York. Auction house Phillips de Pury & Company is handling the sale. English-born American actress Elizabeth Taylor, often referred to as Liz Taylor, died of heart failure this Wednesday at the age of 79. Liz Taylor was a two-time winner of the Academy Award for Best Actress, and is considered as one of the greatest screen actresses of Hollywood’s Golden Age. The “Liz #5″ was painted in 1963, and is expected to sell for between $20 million and $30 million. Michael McGinnis, Senior Director and Worldwide Head, Contemporary Art, said…
Liz #5 is a pristine gem. It is Warhol at his very best with a perfect screen, glowing colors, and impeccable provenance. She is classic yet every bit as cutting edge as she was when Warhol painted her nearly 50 years ago.
Liz #5 embodies everything that a major collector of 20th and 21st century art desires and we are thrilled to offer this rare and exciting opportunity to the market.
Liz Taylor was one of Warhol’s most famous inspirations alongside Marilyn Monroe and Jackie Kennedy. In Liz #5, her radiant face emerges from a rich turquoise background, perfectly capturing her luminous skin, striking violet eyes and red lips.
The highest auction price ever paid for a Warhol painting is $71.7 million paid in 2007 for his 1963 painting, Green Car Crash (Green Burning Car I), depicts an overturned car on fire.