Andy Warhol Leads Rago $1.19m Prints & Multiples Auction
3 min read · 27 Feb 2026
Flowers by Andy Warhol sold for $69,800. Image courtesy of Rago
A work by Andy Warhol was the headline sale at Rago 'Prints & Multiples' auction on February 26.
- The sale totaled $1.19m, meeting the pre-sale estimate.
Snapshot of the sale
- 178 works sold totaling $1.19m.
- Estimates totaled: $882,100 (low) and $1.3m (high), excluding premiums.
- The sell-through rate was 90% of the original 197 lots announced.
The star lot was: Andy Warhol, Flowers (1970), which sold for $69,800, 132% above its $30,000 low estimate.
Black Watch Series I; Black Watch Series II; Black Watch Series III by Gene Davis sold for $14,000 (831% above estimate). Image courtesy of Rago
The outperformer sold for 831% above its low estimate. Gene Davis, Black Watch Series I; Black Watch Series II; Black Watch Series III (1974), sold for $14,000 ($1,500 low estimate).
- 76 works, or 43%, sold above their high estimate.
- 80 works, or 45%, sold within their low and high estimate.
- 22 works, or 12%, sold below their low estimate.
- 0 sold with undisclosed estimates.
Guaranteed sales
No sales had a guarantee.
Works that did not sell
17 works were bought-in, including: Louise Bourgeois, Topiary: The Art of Improving Nature (1998), estimated at $30,000 (low) to $50,000 (high). It has not been traded before.
Withdrawn before the sale
2 works were withdrawn before the sale, including: Roy Lichtenstein, Haystack (1969) estimated at $8,000 (low) to $12,000 (high).
Terms and definitions
All results include the fees and premiums added to the price of a work of art when the auctioneer's hammer falls. Sale prices are compared to the auction house’s low estimate, which do not include premiums.
Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.
Bought-in: If there are no bids for a work, or if bidding falls short of the reserve price, the lot is unsold or “bought-in”.
Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.
Premiums: Typically a sliding-scale of charges paid in addition to the hammer price by the buyer, plus any other fees.
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