Andy Warhol's canvas of Chairman Mao sells for ￡7.6 million

Source: Agencies/Shanghai Daily | February 14, 2014, Friday |

Online Edition

An Andy Warhol canvas of Chairman Mao Zedong has sold for an astonishing ￡7.6 million (US$12.7 million), the Mirror reported.

Warhol's Mao series was a response to US president Richard Nixon's visit to China in 1972.

He transformed the official portrait of the leader, in this case using the red and yellow color scheme of the China’s Cultural Revolution, the Mirror reported.

It was last sold at auction in June 2000 for ￡421,500 - meaning it was sold on Wednesday night for more than 18 times the price paid then.

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Andy Warhol's canvas of Chairman Mao sells for ￡7.6 million

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