Two Andy Warhol’s Self-portraits Sold for $69.5 Million in Total

Andy Warhol's First Self Portrait goes for $38 Million Andy Warhol’s First Self Portrait goes for $38 Million $38.4 million sale of the Andy Warhol’s first self-portrait, was the highlight of a Christie’s contemporary sale which totalled $301.7 million. Christie’s stormed ahead of rival Sotheby’s in a dramatic 65-lot sale which totalled $301.7 million against a pre-sale estimate of $214.8 – $299.3 million and sold a whopping 95% by lot and 99% by value. Warhol’s very first self-portrait was sold after two competing bidders kept raising their price in increments of $100,000, causing Christie’s auctioneer to call it the longest lot in history. Warhol’s Self-Portrait, 1963-64, was sold by the estate of Detroit collector Florence Barron who commissioned the work for $1,600. Another Warhol self-portrait, this time showing the wild-haired artist in diabolical red against a dark background, sold for $27.5 million, a hefty but relatively disappointing performance that fell below the $30 million low pre-sale estimate. In total, the eight Warhols on offer raised a combined $90.99 million with premium added.