Economics
Warhol’s $100 Soup Earned Dealer $15 Million, Returns to L.A.
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Almost 50 years ago the quintessential New York artist, Andy Warhol, had his first one-man show in Los Angeles, thanks to the prescience of a West Coast art dealer named Irving Blum.
Blum also had the uncanny foresight to snap up “Campbell’s Soup Cans,” 32 small canvases for $1,000. He would eventually sell the group for $15 million.