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Andy Warhol Makes Unemployment Profitable

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    Christie’s Amy Capellazzo on the upcoming auction of a Warhol drawing of the unemployment rate during President Reagan’s first term.

  • Duration 2:30
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All ladies and gentlemen I have made two mistakes I'm about to show you what I first called -- print it is not a print no it is a war hold drawing unique because it is on paper look at -- Item two of my mistakes.

It is just the unemployment rate the chart -- off in Reagan's first time OK and it is dramatic.

Let's bring in -- couple -- she -- with -- which will be auctioning off this item starting February the 26 finally.

Exactly and I asked for a week -- until March that isn't exactly an online -- market now -- actually cannot believe.

That you can auction off.

A drawing you -- is on -- -- of an unemployment rate from Ronald Reagan and expect to get money for it make you case.

We innocents into it and that's what -- between twenty and 30000 dollars I'm sure look at it.

You know Andy Warhol loved popular -- -- of all kinds and it was really during the Reagan years.

That the financial news became part of the American popularly known it was the -- could use this is an awesome stuff behind.

I mean you can look back and it -- -- today and you can see and and it has just written.

So commenting on his time and he made this contemporaneous to the Reagan years there's only one of them there's only one -- days and it is is the only one of an unemployment -- that on Knowles is -- that I know of as well and I I I certainly think it's timeless -- its own way.

Why would you.

I think -- -- -- twenty to 30000 dollars from unemployment job.

Right I I can think of a lot of neighborhood finest comical and interest -- and prescient in true beauty behind did its.

Yes -- -- could do that I could create that piece of -- I could I do worthless wouldn't.

It would actually probably actually yes because -- war whole it's worth what it at 30000 dollars in debt.

Now the auction last for a week that current yes it's -- goes live on average may sixth stays -- for -- -- and it will close on March -- Why do you spend a week doing this woman just one of.

-- panel comes down so well -- cells are somewhat different format where you're able to reach the whole world that isn't necessarily operating in real time and so being able to sort of bring out different marketing moments in that week is also very important to drum up interest in early date I just wonder how much on be increased or decreased the value of that -- have you you wouldn't -- chart which you know it's a unique war in -- on paper -- cut in on the upside.

Excellent I think maybe you can come back any -- it a couple of so Chris is thank you -- negative.

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