'Oh... Alright...' by Roy Lichtenstein Sells for $38 Million
Amelia Roblin — November 12, 2010 — Pop Culture
The halfhearted redhead featured in 'Oh... Alright...' by Roy Lichtenstein depicts the way in which an anonymous buyer acquired the pop art painting from Christie's auction house for over $38 million.
Responsible for paying $42.6 million including sales fees for the piece, the purchaser phoned in to place his bid on the 1964 iconic work. I'm sure however, that this call was decisive. Sold by a Las Vegas casino owner, 'Oh... Alright...' by Roy Lichtenstein has now outsold an Andy Warhol soup can that went for a whopping $23.9 million, and has thus become the world's most expensive piece of art a buyer has actually paid for.
Responsible for paying $42.6 million including sales fees for the piece, the purchaser phoned in to place his bid on the 1964 iconic work. I'm sure however, that this call was decisive. Sold by a Las Vegas casino owner, 'Oh... Alright...' by Roy Lichtenstein has now outsold an Andy Warhol soup can that went for a whopping $23.9 million, and has thus become the world's most expensive piece of art a buyer has actually paid for.
Trend Themes
1. Record-breaking Art Sales - Growing interest in owning unique art pieces drives up prices at auctions.
2. Pop Art Resurgence - Roy Lichtenstein's work and other pop art pieces continue to attract high bids at auctions.
3. Remote Bidding - The ability to place bids remotely through phone or online platforms is becoming increasingly popular among art collectors.
Industry Implications
1. Art Industry - The art industry stands to benefit from the increased demand and higher prices for unique works of art at auction houses.
2. Auction Industry - Auction houses may explore new ways of reaching collectors, such as offering remote bidding options and expanding their marketing efforts towards pop art collectors.
3. Technology Industry - Technology companies could develop innovative software that improves the online bidding experience for remote collectors.
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