Sotheby’s London, has sold one of Warhol’s rarest works at a new high of $32.8 million USD, exceeding its expected price of $26.5 million USD.
The approximately 6ft wide painting, ‘One Dollar Bill (Silver Certificate)’, 1962, is the first painting of currency he completed and was done just before he devised his legendary silk screen printing technique, making it Warhol’s one-and-only hand painted note.
Warhol based the painting on a photograph of currency which he commissioned from his friend Edward Wallowitch. His business manager, Frederick Hughes, was the painting’s first owner, it later went to Zurich’s Galerie Bruno Bischofberger, where the current seller picked it up in 1997.
The painting was part of a larger auction of modern and post modern artworks including work from Lucien Freud, Francis Bacon and Gerhard Richter.
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