Home LifeStyle  Arts & Culture Sale of Andy Warhol's Portrait of Michael Jackson on Hold

Sale of Andy Warhol's Portrait of Michael Jackson on Hold

Posted: Jul. 24th, 2009  |  By James Rothaar Freelance Writer |
RSS Syndicated News Email a Friend Suggest an Article Share Visit Website
Art and Collectibles News: The Vered Gallery in East Hampton, New York, has taken an Andy Warhol portrait of Michael Jackson off the auction block. The 30-by-26-inch portrait was originally slated to sell via a silent auction by July 12. The art gallery's auction has been extended to August 18 due to all the inquiries received from prospective buyers for the painting.

The portrait is expected to sell for as much as $10 million. The Telegraph reported that this is the same painting that sold in May 2008 for $278,000 with no reserve price. The starting price on bidding for the painting this time is $800,000.

There are five differently colored portraits by Andy Warhol of Michael Jackson that were commissioned by Time magazine in 1984. Each painting features Jackson wearing his famous red military tunic from the Thriller album cover. Another of the five Jackson portraits by Warhol went unsold at an auction held by Sothebys during the summer 2008. The portrait with the yellow background, which appeared on the cover of Time magazine, is in the permanent collection of the National Portrait Gallery in Washington, DC.

These days all things related to the deceased King of Pop are selling quite well. From record sales to collectibles to artwork, the Los Angeles Times reported sales of more than 9 million albums since Jackson's death and anticipate that number to increase significantly.

Prospective buyers must register with the Vered Gallery to bid on the painting. For more information, visit VeredArt.com.

For JustLuxe James Rothaar
Related Topics : Andy WarholAuctionNewsLifestyle News
Share on Facebook Share
See Next Article
Write a Story/Review about Andy Warhol

Post a Comment

 
Related Articles
Featured Contributor
Courtney DriverCourtney Driver
As usual, Comic-Con saw quite a few large unveilings this year, one of which was the highly...
Read More | View Profile
The Best of Luxury
Event Calendar
Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
Golden Beats On-Ear Headphones & Pill Speaker Are the Flashy Holiday Gifts You've Been Looking For
Etihad's $40K 3-Room Residence Suite Sells Out First 10 Flights
Meet the 10-Year-Old Blogger Who Wants to Teach You All About Luxury Cars
Trace Tracks Every Wave & Trick To Give You Ultimate Bragging Rights
Christie's Beat Their Own Record With Help From Warhol's $81.9M Triple Elvis Sale
McLaren Starts Campaign to Tease the P13 From Upcoming Sports Series
Kasabian Frontman Tom Meighan Chats the New Album, Performance Scars & Why He Loves Jack White
Estate Manager Bryan Peele Has a Key For What Goes On Inside Million-Dollar Estates
Be One of the Cool Kids With the BeoPlay A2 Bluetooth Loudspeaker
Our Picks For the Top 6 Race Tracks With VIP Perks
See the complete list

Best of Luxury

Finding the best in luxury can be a daunting task, which is why we've taken it on for you.
View All Best of Luxury
LivingLuxe. Exclusive Deals and Luxury Brands. Learn More
JustLuxe Galleries presents Popular Photo Galleries
Meet Our Writers Become a Contributor
What's Next for Artist Adrien Broom Now That She's Done With the Color Project?
Mila Pantovich »
Music Video Director Shane Drake Discusses His Path to Films, Mega Budgets & Breaking Into the Biz
Nicolle Monico »
See More Contributors
THINGS WE LIKE