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  • King of Rock n Roll set to fetch $70 million

    March 16, 2012 | Posted by

    An Andy Warhol painting of Rock n Roll legend Elvis Presley is expected to bring in $70 million when it is put up for auction in May. The Double Elvis painting which is life size is being sold by Sotheby’s and is one of the 22 Elvis silkscreens that were first exhibited at the Ferus Gallery in Los Angeles in late 1963. Nine of them are in museum collections, including the Museum of Modern Art in New York.

    King Of Rock N Roll Set

    The painting that is up for sale shows Elvis dressed as a cowboy and shooting from the hip.

    “The silver background of Double Elvis (Ferus Type), along with the subtle variations in tone give the serial imagery a sense of rhythmic variation that recalls the artist’s masterpiece, 200 One Dollar Bills completed the previous year,” Sotheby’s said in a statement.

    The last double Elvis that came up for auction was nearly two decades ago in 1995. Since then the name Andy Warhol has become a household one thus making experts believe that this painting will fetch as much as $70 million when it goes up on auction.

    Before going on sale, Elvis shall be going on a world tour which shall include stops at Los Angeles, Hong Kong and London. The sale occurs in May.