Andy Warhol Foundation fundraiser collects $17M
Four Andy Warhol portraits of Queen Elizabeth II are seen in Windsor Castle, Windsor, England, Monday Sept. 24, 2012, and will form part of the 'Portraits of a Monarch' exhibit starting in November at Windsor Castle until June 2013. (AP Photo/PA, Andrew Matthews).
The Associated Press
Published Tuesday, November 13, 2012 9:22AM EST
NEW YORK -- The first in a series of live and online auctions to raise money for the Andy Warhol Foundation for the Visual Arts in New York has collected over $17 million.
Monday's auction at Christie's featured works by Warhol ranging from prints to photographs, some of which have not been seen by the public.
The top sale was "Endangered Species: San Francisco Silverspot," a print that fetched over $1.2 million. Other highlights included "Jackie," a screen print and paper collage of Jacqueline Kennedy that sold for over $626,000. That's more than double its high estimate of $300,000.
The foundation says the money raised for its endowment from the sales would allow it to expand support of the visual arts, fulfilling Warhol's purpose in establishing it.
Online auctions will begin in February.