Discounted Warhol Heads to Auction Again in Sydney

Discounted Warhol Heads to Auction Again in Sydney
ANDY WARHOL, "Head After Picasso" 1985 (detail)

In September 2008, Australian auction house Menzies Art Brands sold Andy Warhol’s Head After Picasso for a hammer price of $1,500,000 against an estimate of $1,500,000 - 2,000,000.

Just over four years later and the Warhol is once again heading to auction in Sydney where it will headline the Menzies Art Brands December 6 sale of Australian and international art which is valued at $7-9 million.

Brought to Australia from New York for the 2008 sale by Menzies Art Brands owner Robert Menzies, the wonderful Warhol painting is being sold this time around with an estimate of $900,000-$1,200,000.

Takashi Murakami’s Eye Love Superflat is another international highlight of the sale.  Previously sold by Christie’s New York in 2009 for US$254,500 against an estimate of US$100,000 - $150,000, Menzies will offer the painting with an estimate of $220,000 - 280,000.

Russell Drysdale’s The Young Ringer 1957 will be a familiar image to Menzies’ clients having already been through their auction rooms twice over the last three years.  Last offered for sale in 2011, the iconic painting is expected to fetch $350,000 - 420,000.

Other highlights of the sale include Brett Whiteley’s Kurrajong 1981, being sold with an estimate of $650,000 - 850,000, and Charles Blackman’s Shrinking Alice,  estimated to bring in $340,000 - 420,000.

As is usually the case with Menzies Art Brands sales, most of the top priced lots were last purchased from the auction house by existing clients. 

Menzies Gallery
12 Todman Ave, Kensington, NSW 2033
6.30 pm, Thursday 6th December