Warhol painting fetches record US$105m at auction
Print Edition
A prized 1963 Andy Warhol painting that captures the immediate aftermath of a car crash sold for US$105 million at a New York City auction, shattering the record for the famed pop artist amid a spending frenzy at the high end of the art world.
The painting titled “Silver Car Crash (Double Disaster)” depicts a twisted body sprawled across a car’s mangled interior. It has only been seen once in public in the past 26 years.
Sotheby’s, which conducted the auction on Wednesday, did not immediately identify the buyer.
The previous Warhol auction record was set in 2007 when “Green Car Crash (Green Burning Car I)” sold for US$71.7 million.
Another iconic Warhol, “Coca-Cola (3),” sold for US$57.2 million on Tuesday at Christie’s auction house, and his portrait of Elizabeth Taylor titled “Liz #1 (Early Colored Liz)” sold for US$20 million on Wednesday.
A Willem de Kooning abstract painting in red, yellow and white called “Untitled V,” not seen in public since 1980, sold for US$24.8 million on Wednesday. The sale fell short of the record for the artist’s works, set on Tuesday at Christie’s with the sale of his “Untitled VIII” from 1977.
The Warhol record came just a day after the most expensive work of art ever sold at auction went for US$142.4 million to conclude six minutes of feverish bidding at Christie’s.
The hefty price tag for a 1967 Francis Bacon triptych called “Three Studies of Lucian Freud” shattered the previous world record — nearly US$120 million paid for Edvard Munch’s “The Scream” at a 2012 Sotheby’s sale.
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