martes, 13 de noviembre de 2007

Warhol's painting in London

Art seen is an expensive business, even thou some might say that it is not a business because if you buy a piece of art with a perspective to sell it..well..things may don't work out as you wish! But this is not Hugh Grant's case.
Accordingly with the article, Hugh Grant made a well done business with Andy Warhol's Liz Taylor famous painting.
Reluctant actor, master of self-deprecation, tousle-haired English fop. Tonight a new description must be added to the list of Hugh Grant's qualities: modern art collector who has struck the jackpot.
An Andy Warhol work owned by the Four Weddings and a Funeral star will go on sale in New York as a centrepiece of Christie's auction of post-war and contemporary art. The portrait of Elizabeth Taylor, called Liz, from 1963, is expected to fetch up to $35m (£17m), 10 times the sum that Grant paid for it at a Sotheby's auction in 2001. Or to look at it another way, a profit of about $5m for every year he has owned the painting. Not bad work if you can get it.
How well the Warhol performs at auction tonight has ramifications that go far beyond the state of Grant's already healthy finances.

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