A 1986 self-portrait by Andy Warhol that was among the last of his paintings to be exhibited while he was alive is heading for the auction block, where it is estimated to sell for up to $40 million.
The stark red-on-black “Self-Portrait” is scheduled to be sold at Christie’s post-war and contemporary art sale on May 11, the auction house announced Wednesday. The owner is a private American collector who purchased it in 1996 and wished to remain anonymous.
The piece, measuring 9 feet per side, is considered a landmark work by the American Pop artist. Created toward the end of his life, it shows the artist looking directly at the viewer, his trademark hair standing straight up.
“With his unique ability to fuse painting and photograph into an unforgettably iconic image, Warhol condensed all the recent themes of his art in this magnificent self-portrait into a single splash of color set on an inky black background,” said Amy Cappellazzo, Christie’s expert on contemporary and post-war art.
The acrylic and silkscreen on canvas was one of two 9-foot red-on-black self-portraits that were first exhibited in London in 1986, at the Anthony d’Offay Gallery, just six months before Warhol’s death. The other one is at the Guggenheim Museum in New York, donated by Ann and Anthony d’Offay in 1992.
TV On the Radio’s Gerard Smith dies of lung cancer
Brookyn alternative rock band TV on the Radio says bassist Gerard Smith has died of lung cancer.
The band says on its website that Smith died Wednesday morning. His death comes a little over a month after it was announced that he was battling the disease. At the time, the band said Smith had health insurance, great medical care and had already seen “dramatic results.”
However, Smith was unable to join the band on tour as they promoted their last album, “Nine Types of Light.”
The group says it will miss Smith terribly and calls him “our beloved friend and bandmate.” The group has canceled its concerts for the next few days, starting Wednesday in Detroit.
His age was not immediately available.