March 20, 2017
One of the most well-known images of the 20th century, Warhol’s 1973 Mao was sold for $9.4 million in London in 2014. The current owner, who has not been identified, has now put the silk-screen print up for sale with Sotheby’s in Hong Kong, the BBC reports. The auction is expected on April 2 and the sale could fetch up to $15 million.
Warhol’s iconic depictions of the Communist leader were excluded from the Beijing and Shanghai legs of a 26-month Asian tour that marked the 25th anniversary of the artist’s death in 2012. The series of portraits, in Warhol’s classic pop art style, were rejected due to “political sensitivity.”
Eight-figure speculative art auctions and a dictatorship of the proletariat — 21st Century China in a nutshell.