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Warhol artwork sells for £16.8m

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Andy Warhol's 1986 Self Portrait was sold by Christie's in New York for 16.8 million pounds (AP)

Andy Warhol's 1986 Self Portrait was sold by Christie's in New York for 16.8 million pounds (AP)

Andy Warhol's 1986 Self Portrait was sold by Christie's in New York for 16.8 million pounds (AP)

A 1986 Andy Warhol self-portrait that was among the last of his paintings exhibited while he was alive has sold at a New York City auction for 27.5 million dollars (£16.8 million).

The stark red-on-black Self-Portrait had been estimated to bring up to 40 million dollars (£24.4 million) at Christie's auction house.

The painting is almost nine square feet (0.84 sq metres). It is considered a landmark work by the American Pop artist and was exhibited for the first time in London in 1986, just six months before Warhol's death.

Another Warhol self-portrait painted from 1963 to 1964 sold for 38.4 million dollars (£23.4 million) at Wednesday's auction.

The auction record for a Warhol is 71.7 million dollars (£43.8 million) for Green Car Crash.

Warhol died in February 1987 aged 58 from complications following surgery.

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