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Stock impact report

Andy Warhol’s First ‘Selfie’ Sells for $7.7 Million [Fortune]

SOTHEBYS (BID) 
Last sothebys earnings: 5/2 07:00 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/bid
Company Research Source: Fortune
Andy Warhol's first self-portrait sold in a London auction for $7.7 million Wednesday. The artwork was sold in Sotheby's Contemporary Art Evening Auction, which included work from other artists including Jean-Michel Basquiat and Richard Prince. The Warhol piece, aptly titled Self Portrait , was expected to fetch between $6.4 million and $9 million, according to a release from Sotheby's . It was taken in a dime store photo-booth in 1963 or 1964, and is thought to be Warhol's first self-portrait. "In the age of Instagram, Warhol’s fabled prediction that 'in the future, everyone will be world-famous for 15 minutes' has never felt more prophetic, and the artist’s first self-portraits—created using a strip of photographs taken in a New York dime store photo-booth—have never felt more relevant to contemporary culture," Sotheby's Contemporary Art Senior Specialist James Sevier said in a release. "This is a work of immense art historical importance that marks the watershed Show less Read more
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