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Andy Warhol Foundation to sell off entire collection

 
Published on Sep 06, 2012
7:35 AM

NEW YORK (AFP) - The Andy Warhol Foundation for the Visual Arts announced on Wednesday it will disperse its entire collection of works from the ground-breaking Pop artist through sales and donations.

The profits will be used to bolster the foundation's grant-making activities, with Christie's entering a long-term deal to market the works.

"Christie's will conduct phased sales over a period of years using multiple platforms, including single artist live auctions, private sales and continuing online auctions, bringing a wide range of Warhol's art - much of which has never before been seen by the public at large - to existing as well as new collectors worldwide," a statement from the two partners said.

The foundation said that some works would be donated to museums.

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