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"Jackie," "Car Crash" and "Liz" paintings by Andy Warhol in "Warhol from the Sonnabend Collection" at Gagosian Gallery, New York
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ART MARKET WATCH


Jan. 27, 2009

Could Warholmania finally be over? The run-up in auction prices for works by Andy Warhol that began back in May 1998, when Orange Marilyn (1964) sold for $17.3 million to S.I. Newhouse, hit a top with the purchase of Green Car Crash (1963) for $71.7 million in May 2007. The buyer was Philippe Niarchos, according to a report in the Art Newspaper by Sarah Thornton.

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