Saturday, August 27, 2011

An investment banker bought Andy Warhol's "Mao" for $302,500 Read more: http://www.businessinsider.com/thelife50#an-investment-banker-bought-andy-warhols-mao-for-302500-5#ixzz1WG4ro01m


Painting sold for more than six times its expected price
Investment banker and art collector Ahmet Khan bought the screen print of a blue-faced Mao at a Christie's auction in January.
The piece was originally estimated to sell for $30,000; Khan had to far exceed the $80,000 limit he initially set for himself.
The painting was once owned by Dennis Hopper. It's riddled with bullet holes from when the late actor shot it up in a paranoid fit.

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