Andy Warhol’s 1985 portrait of the late Queen Elizabeth II set a world auction record.
On November 24, Canada’s Heffel Fine Art Auction House sold the piece for $1,141,250 (£954,667), double its estimated retail price of around $405,000 (£338,600).
The following day, the museum announced on Facebook that “the crown jewel” of its Fall Post-War and Contemporary Art auction had “passed the million dollar mark and broke the world record for any Warhol print ever sold at auction.” .
The “highly coveted” piece is one of four examples from the acclaimed artist’s 1985 Reigning Queen series.
Its creation is based on a 1975 photograph taken by Peter Grugeon at Windsor Castle, which was later published in 1977 to commemorate the Queen’s Silver Jubilee.
Featuring Warhol’s signature pop art design, the artwork features the Queen with her famous Grand Duchess Vladimir tiara against a contrasting royal blue background.
Coated with diamond dust, it gives off a shimmering effect under the light.
While the portrait of the Queen set a record for Warhol’s print runs, his portrait of Marilyn Monroe, entitled Shot Sage Blue Marilyn, remains his most expensive work to date, selling for a staggering $195 million (£161 million) in May.
Earlier this month, Warhol’s masterpiece from his ‘Death And Disaster’ series sold for $86million (£72million).
Born in 1928, the American artist rose to fame in 1962 with his famous paintings of Campbell’s soup cans, Coca-Cola bottles and wooden replica Brillo soap boxes.
Warhol died in 1987 at the age of 58 from cardiac arrhythmias following gallbladder surgery.
https://www.independent.co.uk/arts-entertainment/art/news/andy-warhol-queen-elizabeth-portrait-auction-record-b2236252.html Andy Warhol’s portrait of Queen Elizabeth II breaks global auction record