Andy Warhol's Marilyn Monroe portrait sold for record USD 195 million

"Shot Sage Blue Marilyn" had pre-sale estimations as high as $200 million. The portrait has been hailed by the auctioneers as "one of the best of all time."

On Monday, an Andy Warhol image of Marilyn Monroe fetched $195 million (€185 million) at Christie's in New York. Following Monroe's passing, the artist created a number of portraits of her, including the 1964 silk-screen portrait. Swiss art merchants Thomas and Doris Ammann's collection housed it. Pre-sales projections topped $200 million (€189 million).

'One of the greatest paintings of all time'

The pop artist's "Shot Sage Blue Marilyn" is "the absolute apex of American Pop," according to Alex Rotter, Christie's Chairman of 20th and 21st Century Art. It is one of five portraits of Monroe that Warhol produced and is known as the "Shot" series. It was painted shortly after Monroe's barbiturate overdose death in 1962. When a visitor to Warhol's "Factory" studio in Manhattan fired a gun at the paintings, which were later fixed, the nickname was coined.

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