Due to an onslaught of interest in an Andy Warhol portrait of Michael Jackson that was up for auction in New York, organizers have decided to remove the item from the block.
The Vered Gallery in East Hampton says enormous interest prompted the decision, reports the Associated Press. The auction was to close Sunday.
The 30-by-26-inch painting shows a smiling Jackson in a red jacket from his "Thriller" days. Pre-sale estimates ranged anywhere from $1 million to $10 million. The portrait is reportedly owned by a New York collector.
Gallery co-owner Janet Lehr says in a statement she wants to offer the 1984 work to "the greatest number of prospective purchasers."
Make that to drive the price up so she can make a pretty penny during this recession.
We are not mad at her!
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