PARIS, France - Pop artist Andy Warhol's famed 1964 silk - screen portrait of Marilyn Monroe sold for $195 million at auction on Monday, a record for a work by an American artist sold at auction.
'Shit Sage Blue Marilyn' is one in a series of portraits Warhol made of the actress following her death in 1962 and has since become one of pop art's best - known piece.
Held in the collection of Swiss art dealers Thomas and Doris Ammann, it was sold by Christie's at an auction in New York. Pre - sale estimates had reached as high as $200 million.
The painting sold for a hammer price of $170 million Added fees gave it a final price of $195 million.
The sale broke the previous record for an American artwork at auction of $110.5 million set in 2017 for a 1972 painting by Jean - Michel Basquiat.
'Shit Sage Blue Marilyn' is the absolute pinnacle of American Pop', Alex Rotter, chairman of 20th and 21st Century art at Christie's, said in a statement announcing the auction. 'The painting transcends the genre of portraiture, superseding 20th century art and culture'.
The painting is built on a promotional photo of Monroe from the 1953 film 'Niagara', screened with bright colors over her eyes, hair and lips.
Its title refers to an incident in which a woman shot at a stack of four Marilyn portraits in Warhol's studio with a pistol, although 'Shot Sage Blue Marilyn' was not struck by a bullet.
Monroe was one of Hollywood's best - known stars before her death of an overdose at her home in Los Angeles on Aug.4, 1962.
Warhol died in 1987.
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