Elvis Presley portrait: Andy Warhol’s ‘Double Elvis’ may fetch $50 million at Sotheby’s auction (Photo)

By on Mar 16, 2012 in Entertainment, Hollywood, Lifestyle, United States Comments
Elvis-Presley-portrait-Andy-Warhol-Sotheby's-auction

1963 Elvis Presley portrait by Andy
Warhol (Click Image To Enlarge)

Image Credit: Sothebys.com

An Elvis Presley portrait by pop artist Andy Warhol, as shown in the photo below, is being expected to fetch to as much as $50 million at Sotheby’s auction on May 9, 2012; which the seller identified only as a private collector.

According to a press release by Sotheby’s on its official website on Thursday, March 15, 2012, the Elvis Presley portrait titled “Double Elvis” (Ferus-type) is a life-size painting by Andy Warhol back in 1963.

As noted in the report, the iconic Elvis portrait was first seen at the Ferus Gallery in Los Angeles on the same year along with the other artworks in the series, and is now being expected to fetch between $30 million and $50 million.

The Andy Warhol painting shows the “King of Rock and Roll” in a silver silkscreen dressed as a gun-toting cowboy with his shadow on the same pose; in which there are 22 Elvis portrait series and nine are in museum collections, including the Museum of Modern Art.

Sotheby’s noted that that “Double Elvis” will be first displayed in Los Angeles, London and Hong Kong before bringing it to New York for auction, with Bloomberg reporting that Christie‚Äôs auction sold two of them back in 1995 and 2004, which were sold for $497,500 and $3.4 million, respectively.



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