{"id":12054,"date":"2022-04-14T10:46:00","date_gmt":"2022-04-14T17:46:00","guid":{"rendered":"https:\/\/BigJimIndustries.com\/wordpress\/?p=12054"},"modified":"2022-04-18T10:47:50","modified_gmt":"2022-04-18T17:47:50","slug":"move-over-mundi","status":"publish","type":"post","link":"https:\/\/bigjimindustries.com\/wordpress\/2022\/04\/14\/move-over-mundi\/","title":{"rendered":"Move Over Mundi"},"content":{"rendered":"\n<p><em><a href=\"https:\/\/www.vanityfair.com\/style\/2022\/04\/will-this-warhol-become-the-most-expensive-artwork-ever-sold\" target=\"_blank\" rel=\"noreferrer noopener\">from Vanity Fair<\/a><\/em><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Will This Warhol Become the Most Expensive Artwork Ever Sold?<\/h1>\n\n\n\n<p>When one of the pop artist\u2019s famed portraits of Marilyn Monroe goes to auction next month, some observers think it could fetch up to half a billion dollars. What is it about this particular work that gives it such potential to break the market?<\/p>\n\n\n\n<p>BY\u00a0<a href=\"https:\/\/www.vanityfair.com\/contributor\/nate-freeman\" target=\"_blank\" rel=\"noreferrer noopener\">NATE FREEMAN<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/media.vanityfair.com\/photos\/62587b03acafead081f335ad\/master\/w_2560%2Cc_limit\/True-Colors-4_14_22--Warholmania_resize.png\" alt=\"Image may contain Advertisement Collage Poster Marilyn Monroe Steven A. Cohen Kenneth C. Griffin Human and Person\"\/><\/figure>\n\n\n\n<p>One morning in Rockefeller Center this month,\u00a0<strong>Jeff Koons<\/strong>\u00a0waltzed through the Christie\u2019s front atrium, where his\u00a0<em>Balloon Dog (Orange)<\/em>\u00a0was installed in 2013 prior to hitting the block. Koons currently holds the distinction of world\u2019s most expensive living artist, but on this brisk day, he was a mere viewer, there to see a work that soon seems destined to go for many multiples of the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.christies.com\/en\/lot\/lot-5739099\" target=\"_blank\">$58.4 million<\/a>\u00a0that shiny steel canine fetched at auction. Staffers of the auction house, owned by French billionaire\u00a0<strong>Fran\u00e7ois Pinault,<\/strong>\u00a0whisked Koons into the small, chapel-like room where he could get a full glimpse at Andy Warhol\u2019s\u00a0<em>Shot Sage Blue Marilyn,<\/em>\u00a0one of five portraits of Marilyn Monroe made by Warhol in 1964, at what was widely considered to be the peak of his creative output. Hitting the block in less than a month on May 9, it has an estimate of $200 million, the highest ever placed on an artwork prior to auction.<\/p>\n\n\n\n<p>\u201cTwo hundred is a huge benchmark. It\u2019s the highest reported estimate ever, it\u2019s the highest estimate ever put on an artwork,\u201d said&nbsp;<strong>Alex Rotter,<\/strong>&nbsp;the Christie\u2019s chairman who\u2019s overseeing the sale. \u201cCould we have set more? You could always say more.\u201d<\/p>\n\n\n\n<p>Many are indeed saying more, making the $200 million mark seem not like the estimate\u2014but the jumping-off point. Several dealers, advisers, auction specialists, and Warhol experts who I spoke to recently believe that, if the right tech billionaires, Middle Eastern sovereign wealth funds, Asian foundations, or pandemic-enriched shipping magnates go head-to-head during the bidding, the work could hammer as high as $500 million, making it the most expensive artwork of all time\u2014a marker currently held by\u00a0<em>Salvator Mundi,<\/em>\u00a0a rendering of Jesus Christ attributed to Leonardo da Vinci that\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.nytimes.com\/2019\/03\/30\/arts\/design\/salvator-mundi-louvre-abu-dhabi.html\" target=\"_blank\">went for $450 million in 2017<\/a>.<\/p>\n\n\n\n<p>[ <a href=\"https:\/\/www.vanityfair.com\/style\/2022\/04\/will-this-warhol-become-the-most-expensive-artwork-ever-sold\" target=\"_blank\" rel=\"noreferrer noopener\">click to continue reading at VF<\/a> ]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>from Vanity Fair Will This Warhol Become the Most Expensive Artwork Ever Sold? When one of the pop artist\u2019s famed portraits of Marilyn Monroe goes to auction next month, some observers think it could fetch up to half a billion dollars. What is it about this particular work that gives it such potential to break [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-12054","post","type-post","status-publish","format-standard","hentry","category-culture-art"],"_links":{"self":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/12054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/users\/26"}],"replies":[{"embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/comments?post=12054"}],"version-history":[{"count":0,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/posts\/12054\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/media?parent=12054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/categories?post=12054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigjimindustries.com\/wordpress\/wp-json\/wp\/v2\/tags?post=12054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}