Work by Andy Warhol auctioned in Iceland Skip to content

Work by Andy Warhol auctioned in Iceland

A portrait of classic actress Elizabeth Taylor called “Liz” made by world-famous US pop artist Andy Warhol in 1964 and 1965 will be auctioned at Saga Hotel in Reykjavík tomorrow.

According to Jóhann Hansen at Gallerí Fold, which is organizing the auction, this is the first time a work by Warhol has been auctioned in Iceland, as Morgunbladid reports.

Hansen explained that the work is a reprint of the original, but signed by Warhol. “A few reprints were made of this work and it was probably published in about 300 copies.”

“We estimate this work to be worth ISK 800,000 to one million [USD 12,000 to 16,000, EUR 9,000 to 11,000]. We haven’t reached an agreement with the owner about the minimum price, but in Iceland it is common to begin at one third of the market price,” Hansen said.

Gallerí Fold organized a Warhol exhibition in Iceland in 2003 and about 10,000 people came to see his work. “These were works from the collection of a man called Richard Weisman, who was a personal friend of Warhol,” Hansen explained.

A total 130 works of art will be auctioned at Saga Hotel tomorrow, including work by Dieter Roth, Cindy Sherman and Richard Serra.

The auction also includes work by some of Iceland’s most famous artists, like Muggur, Nína Tryggvadóttir, Ásgrímur Jónsson and Jóhannes Kjarval.

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