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The Andy Warhol Foundation teams with Christie’s to sell collection The Andy Warhol Foundation and Christie’s auction house have joined forces to sell the foundation’s collection.
Self-Portrait | $15,000 - $20,000
The Andy Warhol Foundation is partnering with Christie’s auction house to sell its collection of the celebrated artist’s work. (1986, Polacolor ER)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
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“Joseph Beuys” | $50,000 - $70,000
The foundation’s sale is an effort to bolster its roughly $225 million endowment. It is expected to bring in about $100 million, providing the organization additional money to support the work of artists and art organizations. (1980, graphics on HMP paper)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Jackie” | $200,000 - $300,000
Founded in 1987, the foundation seeks to grow its current endowment by half, for a total of about $335 million. (Late 1960s, screenprint on acetate and colored graphic-art paper collage on board)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Grace Jones” | $15,000 - $20,000
The foundation will also donate “significant works” to museums, according to a statement issued Thursday . (1984, Polacolor ER)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Farrah Fawcett” | $15,000 - $20,000
Rather than donate to schools, the foundation seeks out artists who would otherwise go unnoticed or without funding. (1979, Polacolor Type 108)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Endangered Species: San Francisco Silverspot” | $1 million -1.5 million
The sale is being conducted as the foundation celebrates its 25th anniversary and will include photographs, prints, drawings, paintings and printed graphics. (1983, synthetic polymer and silkscreen ink on canvas)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Andy Warhol and Truman Capote” | $15,000 -$20,000
The single-artist live auction will begin in November and an online auction will take place in February. Private sales will be ongoing. (1977, black-and-white print)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Three Targets” | $1 million - $1.5 million
As for the foundation’s plans for the new, larger endowment, President Joel Wachs said the organizations plans to continue giving money directly to registered 501(c)3 nonprofit groups and will use the additional funds to power its recently established regranting program to provide grants to nonprofits that identify “under-the-radar ” artists. (1985-86, synthetic polymer paint and silkscreen ink on canvas)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Still-Life (Hammer & Sickle)” | $150,000 - $200,000
The combination of two big names — Warhol and Christie’s — might lead some to believe that the art is out of reach for most collectors. But the price tags on some of the original works are relatively affordable. (1977, graphite and wash on ivory wove paper)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Red Lenin” | $40,000 - $60,000
Regarding the support of lesser-known artists, foundation President Joel Wachs said: “We think its essential. . . . Because that’s where future Andys are going to come from.” (1987, screenprint on Arches paper)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Muhammad Ali” | $15,000 - $20,000
“I’m excited about the prospect of using the Internet in a way it hasn’t been as fully developed in the past,” said Wachs of Christie’s mutli-platform auction and sales plan. (1977, Polacolor Type 108)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Lynn Wyatt” | $250,000 - $350,000
This year, Wachs said, the foundation has given out about $13 million in cash grants to promote the creation of experimental or avant-garde work — work, he said, that stands to be overlooked. (1980, synthetic polymer paint and silkscreen ink on canvas)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
“Liza Minelli” | $15,000 - $20,000
“I think this is going to be an opportunity for people not only all over America, but all over the world, to be able to have a wonderful work of art from Andy’s collection that’s affordable,” Wachs said. (1977, Polacolor Type 108)
Andy Warhol
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© The Andy Warhol Foundation for the Visual Arts
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