After an announcement in September of plans to disperse of its entire collection to raise funds for its grant-making program, the Warhol Foundation began its first round of auctions at Christie’s on November 12. Over $17 million dollars in sales were brought in for 354 works, the most expensive of which was Warhol’s 1980s butterfly print “Endangered Species: San Francisco Silverspot” which sold for $1.2 million. Seven of Tinney Contemporary artist Raeanne Rubenstein’s photographs were featured in the auction catalog, though they were not for sale. Rubenstein, who now lives in Nashville, shot Warhol and his contemporaries as a young photographer in the 1970s. More auctions are planned over the next five years, with private sales in Hong Kong and France planned for late 2012 and early 2013 followed by online sales beginning in February.
The auction catalogs are available online here, and this photograph of Raeanne’s is featured on page 32 of the photography catalog: