A famed New York City auction house is planning on holding an online only auction of some of Andy Warhol’s most famous pieces, hoping to reach a broader audience and help them get the chance to own a great piece of his art.

This upcoming auction will be Christie’s first online-only Warhol sale. Up for auction is 125 paintings, many different drawings, photographs and different prints will be offered from Feb.26th till March 5th. The estimates from the pre-sale are already starting high, ranging from $600 to $70,000.

The auction is being held in conjunction with The Andy Warhol Foundation for the Visual Arts.

The items that are up for sale can be previewed online before they actually hit the auction block. Interested buyers can log on and  browse, bid and receive instant updates by email or phone if another bid exceeds theirs.

The first live auction raised $17 million for the Warhol Foundation’s endowment.

I.M.

The post NYC Auction Offers Online Only Warhol Sale appeared first on Entertain Train.

According to the Wall Street Journal the Andy Warhol Foundation for the Visual Arts, the organization that oversees Warhol’s estate, has decided to sell off the remainder of the pop icon’s work at an upcoming Christie’s auction. The estate currently has 20,000 pieces by the artist and according to estimates could bring in a $100 million fortune. The collection which includes drawings, prints, collages, silk screens and photographs will go up at Christie’s New York showroom in November of this year. The foundation says that they have decided to change their focus and that is why the pieces are headed to auction. By selling off the collection it can cut the costs required to insure and store the pieces and use that money towards philanthropic pursuits. The foundation has already donated $250 million over the years to cultural causes and donated 4,000 of its top pieces to the Andy Warhol Museum in Pittsburgh, where the artist was born.

The post Andy Warhol estate to auction off remaining works appeared first on Entertain Train.