Warhol €14m portrait of Elizabeth Taylor on sale

An Andy Warhol portrait of Elizabeth Taylor is to go under the hammer at a New York City auction where it is estimated to fetch $20m (€14.2m).

An Andy Warhol portrait of Elizabeth Taylor is to go under the hammer at a New York City auction where it is estimated to fetch $20m (€14.2m).

“Liz (hash)5” is owned by hedge-fund manager Steven Cohen, The Wall Street Journal reports. The 1963 silkscreen will be sold at Phillips de Pury at its contemporary art sale on May 12.

The actress died on Wednesday at age 79.

The portrait shows the screen legend smiling and her eyelids covered in blue eye shadow. It comes from Warhol’s 1960s series of pop culture icons like Jacqueline Kennedy and Marilyn Monroe.

The Journal says Cohen bought the portrait for an undisclosed sum from the estate of a major New York dealer. He declined to comment.

The current Warhol auction record is $71.7m (€50.8m) for “Green Car Crash”.

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