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
Related Articles
Featured Contributor
Deidre WoollardDeidre Woollard
When it comes to documenting some of the world's most beautiful birds, the 19th century had John...
Read More | View Profile
The Best of Luxury
Event Calendar

the holiday gift guide 2013

DISCOVER THE LIST >
1

Sony DSC-QX100 Smartphone Attachable Lens

Sony basically packed all the usual camera inner workings within the lens... more >

2

Flask Bangle by Cynthia Rowley

For the life of the party this Cynthia Rowley flask bangle holds three ounces... more >

3

Carbon Fiber Ciclotte

Designed and crafted in Italy, Ciclotte's luxury exercise bike models... more >

Day

Keeping Up with JustLuxe
Like Us on FacebookFollow Us on TwitterRSS Feeds
Sign Up for Our Newsletter!
Current News & Features
Spandau Ballet Returns With Reunion and New Documentary That Dances to the '80s New Romantic Beat
These Four Private Jet Charter Apps Make Summoning a Plane As Easy as Using Uber
Flip Your Stack Over These Famous Lemon Ricotta Hotcakes from Four Seasons New York
What's the Best Superyacht Accessory? A Smaller, Sportier Hunton Powerboat
Warning: Don't Look at This $13.8M Bahamian Estate Unless You're Ready to Pack Up and Move In
Don't Die Before Checking Out These 5 Epic European Supercar Rental Experiences
We Will Be Impressed If You Don't Fall Off This Totally Cool Gyro-Stabilized Unicycle
The Bespoke W1 Suitcase Takes It Back to Travel's Golden Days
Air France Debuts New Star Chef Guy Martin Menu For La Première Fliers
Introducing the Impossible to Hack, Uber Strong, Super Sexy Turing Phone
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
Hollywood's Top 10 Art Collectors May Not Be Who You Think
Mila Pantovich »
Spandau Ballet Returns With Reunion and New Documentary That Dances to the '80s New Romantic Beat
Vicki Arkoff »
See More Contributors
THINGS WE LIKE