Financier Martinez Is Said to Offer Warhol, Stella at Christie's
- The two paintings may fetch more than $100 million at auction
- Sales are part of seminannual auctions this month in New York
Financier David Martinez is selling two artworks that could fetch more than $100 million at Christie’s in New York this month, according to a person familiar with the matter, part of a series of auctions that’s expected to result in sales of more than $1.6 billion.
Andy Warhol’s “Double Elvis [Ferus Type],” a 1963 canvas showing Elvis Presley dressed as a gunslinger, is estimated at $50 million to $70 million. Frank Stella’s monumental “Point of Pines” from 1959, is expected to sell for $25 million to $35 million.