Thursday, March 15, 2012

Warhol Portrait of Elvis Could Fetch $50M in NYC #chazsargent #sothebys

An Andy Warhol portrait of Elvis Presley depicted as a cowboy is coming to a New York City auction and could fetch anywhere from $30 million to $50 million. "Double Elvis (Ferus Type)" will be offered at Sotheby's on May 9. It was exhibited at the Ferus Gallery in Los Angeles in 1963, the same year it was executed. The auction house says it's the first "Double Elvis" to appear on the market since 1995.

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