• All Share : 51610.42
    DOWN -0.23%
    Top 40 : 4333.08
    DOWN -0.39%
    Financial 15 : 14780.04
    DOWN -0.21%
    Industrial 25 : 60162.67
    DOWN -0.16%

  • ZAR/USD : 10.6147
    DOWN -0.58%
    ZAR/GBP : 17.5947
    DOWN -0.37%
    ZAR/EUR : 14.0056
    DOWN -0.36%
    ZAR/JPY : 0.1021
    DOWN -0.42%
    ZAR/AUD : 9.9102
    DOWN -0.30%

  • Gold : 1282.4800
    UP 0.15%
    Platinum : 1419.0000
    UP 0.42%
    Silver : 19.4350
    UP 0.29%
    Palladium : 891.5000
    UP 1.19%
    Brent Crude Oil : 102.670
    UP 0.17%

  • All data is delayed by 15 min. Data supplied by INET BFA
    Hover cursor over this ticker to pause.

Wed Aug 27 21:02:03 SAST 2014

Andy Warhol foundation to sell, donate collection

Sapa-AFP | 06 September, 2012 11:10
Andy Warhol silkscreen of actor Marlon Brando,
An Andy Warhol silkscreen of actor Marlon Brando, "Marlon," a 1966 silkscreen, is shown in this Christie's handout image on September 5, 2012. The silkscreen of Brando, clad in leather astride a motorcycle from the movie "The Wild One," is expected to sell for $20 million when it hits the auction block in November, Christie's said.
Image by: HANDOUT / REUTERS

The Andy Warhol Foundation for the Visual Arts announced it will disperse its entire collection of works from the ground-breaking Pop artist through sales and donations.

The profits will be used to bolster the foundation's grant-making activities, with Christie's entering a long-term deal to market the works.

"Christie's will conduct phased sales over a period of years using multiple platforms, including single artist live auctions, private sales and continuing online auctions, bringing a wide range of Warhol's art --much of which has never before been seen by the public at large – to existing as well as new collectors worldwide," a statement from the two partners said.

The foundation said that some works would be donated to museums.

The goal, it said, is to "significantly increase its endowment in order to ensure and expand its long-term support of the visual arts."

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.
Wed Aug 27 21:02:03 SAST 2014 ::