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D’Offay Looks to Make a Killing on Warhol at ArtBasel

June 17, 2014 by Marion Maneker

Warhol, Bela Lugosi

Colin Gleadell has a nice little piece of inside baseball. Anthony D’Offay may have retired from art dealing but that hasn’t stopped him from speculating. The old master bought two rare Warhol works six years apart and is now consigning them through Hauser & Wirth:

The Kiss, a silkscreen painting made in 1964 by Andy Warhol, is based on the Dracula film starring Bela Lugosi. It is a rarity on the market – d’Offay bought it over the telephone for £3.2 million (three times the estimate) in 2012, outbidding another big Warhol fan, the dealer and collector Jose Mugrabi. Another 1964 Warhol painting, also with Hauser & Wirth, is based on a film still of the actor James Cagney, and was bought above estimate in 2006 for £1.3 million. Hauser & Wirth are keeping the asking price under wraps.

Market News: Indian art struggling  (Telegraph)

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Filed Under: Dealers

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