NAMA IS TO AUCTION off 14 artworks by artists including Andy Warhol and William Scott later this year, having seized them from a debtor earlier this year.
The works, which will be auctioned in New York and London in November, were taken from a debtor who the agency said had co-operated with their disposal.
Estimated prices for each of the 14 works suggest that the auction could raise between €1.4m and €2.2m for the state’s bad bank.
Three of the works will be auctioned by Christie’s in New York on November 9, with the remainder sold in London on November 17.
Ironically, given the identity of the seller, the works include Warhol’s ‘Dollar Sign’ and Yeats’ work ‘Man Doing Accounts’.
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