Warhol's Silver Liz set to fetch millions

A Warhol portrait of screen legend Dame Elizabeth Taylor is expected to sell for up to £8m when it comes up for auction later this month, it was announced today.

The work, Silver Liz, was created in 1963 and has not been seen in public for more than 20 years until it went on display at Christie's in London today ahead of the sale on June 30.

It was painted the year Dame Elizabeth became the first actress to earn $1m for a role, and is expected to sell for between 6m and 8m in a sale of contemporary art at Christie's including works by Koons, Lichtenstein and Basquiat.

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