Warhol “Mao” painting sold for $12.6 mln in Hong Kong
One of Andy Warhol’s portraits of Chinese communist leader Mao Zedong has sold for A$16.5 million in Hong Kong. REPRESENTATIVE IMAGE: An employee poses next to prints of Jim Dine’s “Drag: Johnson and Mao” (R) and Andy Warhol’s “Mao” at the exhibition “The American Dream: pop to the present” at the British Museum in London, Britain, March 6, 2017. (Photo: Reuters) HONG KONG – An Andy Warhol portrait of former Chinese leader Chairman Mao Zedong has sold for $12.6 million (A$16.5 million) at a Hong Kong auction, less than the $15 million (A$19.7 million) it was expected to fetch.
The painting was sold to a private Asian collector at Sotheby’s evening sale on Sunday.
Warhol began his series of silk-screen portraits of Mao in 1972 when ties between then Cold War foes China and the United States began to thaw after US President Richard Nixon’s historic trip to Beijing.
– Reuters
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