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.

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Postcard depicting the predecessor to Hartsfield-Jackson Atlanta International Airport: Candler Field, c. 1927. The city signed a lease with Asa Candler to open the airfield in 1925. (Kenan Research Center at the Atlanta History Center)

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Managing Partner at Atlantica Properties, Darion Dunn (center) talks with Atlanta Mayor Andre Dickens during a tour following the ribbon cutting of Waterworks Village as part of the third phase of the city’s Rapid Housing Initiative on Wednesday, Dec. 3, 2025.
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Credit: Miguel Martinez-Jimenez