09/07/2012 03:03 pm ET Updated Nov 07, 2012

Warhol Foundation To Sell Off 20,000 Artworks

Andy Warhol's estate is cashing out.

A quarter-century after the Pop artist died, his art foundation is about to upend the Warhol market by auctioning off the rest of his estate--including more than 20,000 works it expects to sell for a total of more than $100 million.

A quarter century after Pop artist Andy Warhol died, his art foundation is planning to auction off his estate at Christie's this fall, including hundreds of Warhol works valued at over $100 million. Kelly Crow reports on the News Hub. Photo: Reuters.

The Andy Warhol Foundation for the Visual Arts said Wednesday that it has enlisted Christie's to help sell off its remaining inventory of silk-screen paintings, drawings, prints, collages, photographs and archival materials because it no longer wants to broker occasional sales of these objects on its own.