July 4, 2009
Auction for Warhol’s Jackson portrait
A portrait of Michael Jackson by the late pop artist Andy Warhol is up for auction at a gallery in East Hampton, the summer haven of rich New Yorkers.
Ruth Vered and Janet Lehr, owners of the Vered Gallery, are selling the portrait in a silent auction that ends July 12, the New York Daily News reported Saturday. Vered expects the top bid to be somewhere between $1 million and $10 million.
Thrilleralbum. The work measures 30 inches by 26 inches.
This auction is an unparalleled moment, Lehr told the News.
Warhol in the Hamptons is so important because he's a monumental figure who had a spectacular oceanfront estate in Montauk. So we have the meetings of the world's greatest artists in the fields of art and music.
Lehr said the painting was consigned by a private collector.