2 Andy Warhol Works Go For $100 Million Together At Auction
NEW YORK (CBSNewYork/AP) -- Two works from Andy Warhol's "Death and Disaster" series sold at auction Tuesday for a combined $100 million.
Warhol's ``Race Riot, 1964'' sold in New York Tuesday for $62.9 million, far exceeding the auction estimate of $45 million.
His 1962 ``White Marilyn'' painting of Hollywood star Marilyn Monroe sold for $41 million, well above its estimate $12 million to $18 million.
Both Warhol paintings caused fierce bidding at Christie's auction of postwar and contemporary works.
``Race Riot, 1964'' is a rare four-panel painting of the Birmingham, Alabama, race riots. ``White Marilyn'' was painted shortly after Monroe took her life.
A 1984 triptych by Francis Bacon sold for $80.8 million. The price for ``Three Studies for a Portrait of John Edwards'' surged quickly from an opening bid of $50 million.
Warhol was born in Pittsburgh in 1928, and produced his most seminal work in New York City. His studio, known as the Factory, was located at a since-demolished building 231 E. 47th St. in Midtown from 1964 to 1968, in the Decker Building at 33 Union Square West from 1968 to 1973, at 860 Broadway on the northern edge of Union Square from 1973 to 1984, and on Madison Avenue between 32nd and 33rd streets from 1984 until his death in 1987.
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