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A 1984 Michael Jackson portrait by iconoclastic US artist Andy Warhol was auctioned for "millions" of dollars in New York on Tuesday, less than two months after the pop icon's tragic death.
"The auction was quite successful," Janet Lehr, owner of Long Island's VeredArtGallery, told AFP.
"We can't talk about price. We don't report price. It's in the range of millions."
The gallery earlier estimated that the portrait, which measures 30 by 26 inches (76.2 by 66 centimeters), could fetch 10 million dollars.
The deal, Lehr said, was a good one for both the buyer and the seller.
"A speculator outdid the art collectors," she said, without revealing the buyer's identity. "He took advantage of the situation."
The portrait was purchased for 278,500 dollars in May at the Sotheby's auction house, and the buyer decided to sell it after Jackson's sudden death on June 25 shocked the world and sparked renewed interest in the tragic life of the "King of Pop."
The auction was to conclude on July 12, but Vered Art stopped the sale after receiving a massive amount of inquiries. The gallery had received offers online and by telephone.
In recent years, other Warhol portraits of Jackson have found no buyers, including one put on the auction block in London in 2008.
Quartet will play for Labasa: Sharma There is a new twist to the Labasa Football Association controversy surrounding the suspension of four key players.
RBF plans expo to kickstart investmentFiji’s Reserve Bank is to organise a financial expo to boost investment in the agriculture and renewable energy sectors.
Afghan women fear Taliban returnAs tentative steps are made towards peace talks between the United States and Taliban insurgents, Afghan women are worried about a possible return of the hardline Islamists to the capital Kabul.
Nazis in space pack in the crowdsA sci-fi black comedy about Nazis from the moon invading Planet Earth is one of the hottest tickets at the Berlin film festival, which is better known for its gritty political fare.
Veidigidigi ena na 2014 e dei tikogaE vakaraitaka na Paraiminisita ni noda vanua o Commodore Voreqe Bainimarama ni na dei tikoga na navunavuci ni matanitu oqo ena na kena vakayacori na veidigidigi ena yabaki 2014.
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