Last Wednesday Sotheby’s staged its auction of the American art of Texas ranching heiress Anne Marion.
Andy Warhol's "Elvis 2 Times" hit an incredible US$37 million, well above the estimate of $20 million.
The evening's sale was expected to reach $436.8 million but the final tally was $597 million.
Sotheby’s Senior Vice President Michael Macaulay said: “Mrs. Marion’s extraordinary collection not only embodies critical innovations of twentieth-century American Art History, notably uniting paragons of Abstract Expressionism with original icons of Pop Art, but it also singularly reflects a simply remarkable life. Warhol’s legendary depiction of Elvis as cowboy alludes to a lifetime devoted to the stewardship of Southwestern traditions. She was a true visionary, and her collection is testament to an extraordinary eye, boundless energy and limitless spirit of inquiry.”
Andy Warhol, 'Elvis 2 Times' 1963 a Silkscreen ink and silver paint on linen is perhaps the most famous depiction of the King of Rock ‘n’ Roll by the Prince of Pop Art. Warhol’s 1963 'Elvis 2 Times' represents a watershed moment in twentieth-century Art History. The painting combines an investigation of the uniquely American fascination with celebrity and mass media that emerged in the 1960s with unsettling visual evocation of both violence and desire.