Warhol Portrait of Elizabeth Taylor To Go On Auction

photo courtesy of Reuters/Stefan Wermuth

An Andy Warhol portrait of the late actress Elizabeth Taylor will go on auction May 12.

Auctioneers Phillips de Pury have estimated that the portrait, “Liz #5”, could be sold for as much as $30 million.

“Liz #5 is a pristine gem,” said Michael McGinnis, head of contemporary art at Phillips de Pury.

“It is Warhol at his very best with a perfect screen, glowing colors, and impeccable provenance. She is classic yet every bit as cutting edge as she was when Warhol painted her nearly 50 years ago.”

Taylor passed away on Wednesday at age 79.

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