Andy Warhol Painting Bought for $1,600 Could Fetch $30 Million at Christie’s Sale

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NEW YORK, N.Y (REUTERS).- An Andy Warhol self-portrait purchased in 1963 for $1,600 on an installment plan is poised to fetch $30 million or more when it hits the auction block at Christie’s in May. “Self-Portrait,” a four-panel acrylic silkscreen depicting the pop artist wearing a trench coat and sunglasses, is being sold by the family of Detroit collector Florence Barron. Barron first commissioned Warhol to paint her portrait, but changed her mind and suggested the young artist depict himself, telling him, “Nobody knows me … They want to see you.” The result was Warhol’s first self portrait, four images taken in a coin-operated photo booth rendered in hues of blue. “My mother didn’t look at collecting in terms of