Warhol, Andy (Subject/Artist) & Polsky, Richard (Author). I BOUGHT ANDY WARHOL. New York City, NY: Harry N. Abrams, 2003. Hardcover. First Edition/First Printing. 256 pages. As New/As New. Signed.

The author's breakthrough debut account/memoir. One of the single best books on Andy Warhol as the American artist most coveted by collectors, an "icon of global desire". The First Hardcover Edition. Precedes and should not be confused with all other subsequent editions. Published in a small and limited first print run as a hardcover original only. The edition is now scarce. Recounts in the most engaging, riveting, and accessible manner the inner workings of the art world by one of its most active members. The title is a sly allusion to the cult classic film, "I Shot Andy Warhol" (1996). Richard Polsky has been a private art dealer most of his adult life and helped found the biggest website for contemporary art. Polsky's book is about two things: His all-consuming personal quest to own a Warhol and the lasting impact the artist has had on the art market, which continues undiminished to this day. Polsky set aside $100, 000 to own a decent Warhol but over the decades, the price just kept going up, way beyond his means. The story of how he finally nabbed his much-coveted Warhol, which became the focus of his life (it's the one shown on the book's cover), is candid, self-deprecating, and oddly touching. Polsky also shares with the reader/would-be collector the secrets he learned along the way, the principal one being the most banal and obvious one: That the longer a collector holds on to what he knows is a valuable piece, the more he will probably come out on top. If he is lucky, as canny collectors seem to be, he can become rich beyond his wildest dreams. The highest price a Warhol has fetched at auction has surpassed $100 Million, an incredible sum for a late-20th century artist, and the smart sellers have been collectors most people thought were crazy to hold on to their pieces for so long. Collectors have one decisive advantage over dealers: They can afford to hold on to their acquisitions. Every dealer, no matter how successful, needs to sell in order to stay in business. Dealing is about buying and selling. Collecting is about finding and timing. Polsky cites numerous examples to prove his point (which collectors themselves overlook again and again). Warhol himself stands out as perhaps the best example. When he gave up his successful career as a commercial/advertising artist, Warhol struggled to get his work as an artist accepted and took whatever money he could to survive. He sold his "Campbell's Soup Can" silkscreen multiple (there are 32 in all) in 1962 to a collector for $1000, which was paid to him in monthly installments of less than $100 over a period that lasted two years, resulting in lifetime enmity between artist and buyer. The collector held on to the set and finally sold it to the Museum of Modern Art (MOMA) in 1996 for $15 Million. What would "Campbell's Soup Can" be worth today in the unlikely event that it ever became available in the art market? The conservative estimate is between $100 and $150 Million. One of the best books on life, art, and collecting, this is a "must-have" title for Andy Warhol collectors. This copy is very prominently and beautifully signed in black pen on the title page by Richard Polsky. This is one of very few signed copies of the First Hardcover Edition still available online and has no flaws, a pristine beauty. Most copies avilable online have major flaws or are remainder-marked. A rare signed copy thus. One of the greatest artists of the 20th century. A flawless copy. (SEE ALSO OTHER ANDY WARHOL TITLES IN OUR CATALOG). ISBN 0810942712. $100.00

This item is available for purchase. This web page was most recently updated on June 25, 2017.