Sotheby’s Plans to Earn $40 Mln for Andy Warhol’s Mao

The auction is planned for November 18.

Sotheby’s will put Mao by Andy Warhol for sale, Artnet writes. The auction is planned for November 18.

It is reported that the organizers plan to earn about $40 mln for the piece created by the American artist in 1972.

According to Sotheby’s, “at the hands of the Pop master, the official representation of the Chairman used for the dissemination of Communism was turned into a commodity of the Capitalist economy, no more consequential than a can of Campbell’s Soup.”

Mao is one of the portraits in the series of 10 portraits with the same name, dedicated to the Chinese leader Mao Zedong. In 2006 Christie’s sold one of the other portraits for $17 mln.

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