Coke-inspired Warhol sells for $57 million

An anonymous buyer bought Andy Warhol’s “Coca-Cola (3)” painting late Tuesday for a whopping $57.3 million.

The 6-foot black-and-white painting of the beverage giant’s iconic contour bottle was painted by the equally iconic Warhol in 1962. The piece, which has been in private hands for years, was priced between $40 million and $60 million by Christie’s, the auction house that sold the painting.

Leaders at Atlanta-based Coca-Cola said the sale was the most-ever paid for a Coca-Cola-related work. The previous title holder was another Warhol Coca-Cola piece, which sold for $34.5 million in 2010.

Ted Ryan, Coca-Cola’s archivist, attended the auction in New York, but said he did not plan to make a bid on the painting. Coca-Cola has about 30 pieces by Warhol, including paintings, sketches and Polaroids.

About the Author

Atlanta airport sees TSA staffing shortages amid shutdown

Hartsfield-Jackson recommends travelers allow extra time for security screening amid the government shutdown.

Goodbye, Eats: Longtime customers have a final meal at Atlanta institution

“It’s an iconic place that’s going to be missed," one longtime customer said about Eats, which closed Saturday after more than three decades on Ponce de Leon Avenue.

Delta fans line up to buy vintage airline merch at this monthly event

Delta is the only airline to hold a regular sale like this. People travel from all over to attend the "Surplus Sale" every month.

The Latest

Credit: Courtesy of Stellantis

Stellantis car parts facility planned for Georgia could mean quicker repairs

Why are Subarus so popular?

OPINION

Is this the Corvette of the future?

Featured

Credit: Ben Hendren

Atlanta airport sees TSA staffing shortages amid shutdown

Hartsfield-Jackson recommends travelers allow extra time for security screening amid the government shutdown.

Geoff Duncan’s Democratic gamble in Georgia tests party loyalty

Former Lt. Gov. Geoff Duncan’s biggest challenge might not be money or organization, but trust. Once a Republican, he's now running as a Democrat.

Hulu tackles Murdaugh murders with big-budget series shot in Atlanta

Hulu’s “Murdaugh: Death in the Family,” shot in metro Atlanta, stars Jason Clarke and Patricia Arquette in a drama based on the downfall of a powerful South Carolina family.