HomeBreaking NewsMarilyn Monroe by Andy Warhol sold for a record-breaking $195 million.

Marilyn Monroe by Andy Warhol sold for a record-breaking $195 million.

Andy Warhol’s famous picture of Marilyn Monroe was auctioned for $195 million (£158.17 million), making it the most expensive work of 20th century art ever sold.

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Andy Warhol

Shot Sage Blue Marilyn was painted by Warhol in 1964, and it was inspired by a famous image.

It’s also the most money ever paid for an American work of art.

The Christie’s auction in New York was generally regarded as a barometer of the strength of the premium art market.

Christie’s said the painting is “one of the rarest and most sublime pictures in existence” and that it will sell for “in the vicinity” of $200 million at the auction.

The auction finished with a selling price of $170 million, which increased to $195 million once taxes and fees were included in.

The previous record for a piece of American art was $110.5 million for a skull painting by Warhol’s sometime buddy and sometimes rival, Jean-Michael Basquiat, made in 1982.

The final price also shatters the previous record for a work of art from the twentieth century, which was achieved in 2015

when a 1955 painting by Pablo Picasso titled Les Femmes d’Alger (Version O) fetched $179.4 million in total, including fees.

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