Christie's May auction iconic portrait of Marilyn Monroe by Warhol

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New York, 21 Mar Christie's announced Monday the auction of one of the iconic portraits of Marilyn Monroe by Andy Warhol, which will be offered in May, during the firm's 20th century art sale and whose value has been estimated at about 200 million dollars. According to Christie's, “Shot Sage Blue Marilyn” is “one of the most significant paintings to be put up for auction in a whole generation” and may become “the most expensive work of the 20th century” sold at auction. The auction house experts equated the painting with other iconic pieces such as Da Vinci's “Mona Lisa”, Pablo Picasso's “The Ladies of Avignon” and “The Birth of Venus” by Sandro Botticelli. The painting, one of the copies of Warhol's colorful pop-art portraits, is offered by the Thomas and Doris Ammann Foundation Zurich, and 100% of the funds obtained from the sale of the painting will go to the organization, which aims to improve the lives of children around the world, focusing on health and education. The painting, in blue, pink and yellow colors and executed by the American artist in 1964, will be offered without guarantee at the May auction, so no minimum price was imposed for the sale to take place. “Andy Warhol's Marilyn is the absolute pinnacle of American pop-art and the promise of the American Dream that encapsulates optimism, fragility, celebrity and iconography all in one,” explained Christie's director of 20th and 21st Century Art Department Alex Rotter. Warhol began creating serigraphs of Marilyn after the actress's death in 1962 and composed several colorful reproductions of her face, although it wasn't until 1964, when she developed a more elaborate and laborious technique, with which she gave birth to the copy that will be released. The painting has been exhibited in some of the most important museums in the world, including the Guggenheim in New York, the Pompidou Centre in Paris, the Tate Modern in London, the Queen Sofia in Madrid, the Royal Academy of Arts in London and the Neue Nationalgalerie in Berlin. CHIEF hc/jfu/dmt (photo) (video)