Warhol Marilyns Make $38 Million

Andy Warhol’s 1962 silkscreen painting “Four Marilyns” sold for $38.2 million at Phillips Thursday evening as two weeks of semi-annual evening art auctions were coming to a close in New York.

After such astounding auction house tallies, American art collectors of ArtKabinet social media network are looking forward to a summer breather which begins over the Memorial Day holiday next weekend.

The 29-by-21-inch canvas depicts four almost identical Marilyn Monroe heads: two on the top, two on the bottom. The images are set against a cadmium-orange background and depict the actress with lavender skin, turquoise eye-shadow and yellow hair. The image was based on a 1952 publicity still promoting the film “Niagara.”

Underlying the painting’s iconic quality is the fact that it was done shortly after the star’s death.

The same work sold for $2.3 million in 1998 at Sotheby’s in New York. In 1992, it sold for $955,399 at Sotheby’s London.

“Four Marilyns” was the most expensive Warhol of this season, which saw fewer blockbuster pieces by the late Pop artist than previous years.

Warhol ranked first among 25 top artists by auction revenue in 2012. His works sold for a total of $380.3 million last year, according to Artnet.