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Mugrabis Hope to Sell Warhol Coke Bottle for $40m

October 2, 2013 by Marion Maneker

Andy Warho, Coke (4) $40-60m

Christie’s is selling a Warhol Coke bottle with a $40m estimate this November. The work was bought by the Mugrabis from SI Newhouse in 1995 and follows the sale of another version a few years ago to Steven Cohen,. Although the bidding on Cohen’s version was subdued and the Warhol market has lacked top-notch material, Bloomberg marks this as one to watch:

“I don’t think it needed a guarantee,” said Alberto Mugrabi. “There’s only one other example of this painting; it belongs to Stevie Cohen.”

Warhol’s $60 Million Coke Faces Koons, Richter in Auction (Bloomberg)

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Filed Under: Artists Tagged With: Christie's, Mugrabi, Warhol

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