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Andy Warhol’s famed Marilyn Monroe portrait sells for record $195m at auction – The Guardian

Andy Warhol’s famed Marilyn Monroe portrait sells for record $195m at auction

The Shot Sage Blue Marilyn is one of a series made after the actor’s death in 1962 and has become the ‘pinnacle of American pop’

A woman stands in front of a pop art portrait of Marilyn Monroe, taking a picture of it with her phone.

Andy Warhol’s famed 1964 silk-screen portrait of Marilyn Monroe has sold for $195m at auction, setting a new a record for a work by an American artist.

Shot Sage Blue Marilyn is one in a series of portraits Warhol made of the actress following her death in 1962 and has since become one of pop art’s best-known pieces.

Held in the collection of Swiss art dealers Thomas and Doris Ammann, it was sold by Christie’s at an auction in New York on Monday. Pre-sale estimates had reached as high as $200m.

The painting sold for a hammer price of $170m. Added fees gave it a final price of $195m.

The sale broke the previous record for an American artwork at auction of $110.5m set in 2017 for a 1982 painting by Jean-Michel Basquiat.

“Shot Sage Blue Marilyn is the absolute pinnacle of American pop,” Alex Rotter, the chairman of 20th and 21st Century art at Christie’s, said in a statement announcing the auction. “The painting transcends the genre of portraiture, superseding 20th century art and culture.”

The painting is built on a promotional photo of Monroe from the 1953 film Niagara, screened with bright colors over her eyes, hair and lips.

Its title refers to an incident in which a woman shot at a stack of four Marilyn portraits in Warhol’s studio with a pistol, although Shot Sage Blue Marilyn was not struck by a bullet.

Monroe was one of Hollywood’s best-known stars before her death of an overdose at her home in Los Angeles on 4 August 1962.

Warhol died in 1987.

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