NY gallery expects brisk last-minute bidding on Andy Warhol’s portrait of Michael Jackson

By AP
Tuesday, August 18, 2009

Warhol’s Jackson portrait auction enters last day

EAST HAMPTON, N.Y. — A New York art gallery is expecting some brisk last-minute bidding on an Andy Warhol portrait of Michael Jackson.

The Vered Gallery in East Hampton, N.Y., is selling the 30-by-26-inch painting. It shows a smiling Jackson in a red jacket from his 1980s “Thriller” days.

The auction, which is being conducted online, by phone and at the gallery, was scheduled to close at 8 p.m. EDT Tuesday. The seller is a private collector.

Gallery co-owner Janet Lehr says many potential buyers have registered for the sale. But, she says, few bids have been received since the painting went on the block last month.

Lehr says she isn’t concerned, noting “bidding is very last minute in the art world.”

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