The Warhol Market
November 16, 2010
Last week, a Warhol sold for $63.4 million at a Phillips de Pury auction. Andy Warhol’s works are in such high demand that even his friends seem to have difficulty getting hold of any.
This week, “Baby Jane” Holzer recently testified that she had paid $220,000 for a stolen Warhol. Holzer had been one of Warhol’s Factory Superstars.
The testimony was given at trial against James Biear, who has been accused of stealing the work from his employer, Joseph Pulitzer’s grandson, Kenward Elmslie.
Read the NY Post article here
Disclaimer: This article is for educational purposes only and is not meant to provide legal advice. Readers should not construe or rely on any comment or statement in this article as legal advice. For legal advice, readers should seek a consultation with an attorney.
