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Posted: 3:23 PM Oct 30, 2009
Hidden Warhol
Lost Warhol painting could fetch more than $1M
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NEW YORK (AP) - Sotheby's is auctioning a self-portrait by Andy Warhol that was recently found after being forgotten in a closet in New York City for more than 40 years.
The painting belongs to Cathy Naso. She was 17 years old when she got a part-time job as a receptionist at Warhol's Factory.
Two years later, in 1967, Warhol gave her a self-portrait inscribed to her.
The Brooklyn resident displayed the painting briefly and then stored it in a closet. It remained there until this year.
It is on display at Sotheby's New York offices starting Friday and will be auctioned at a Nov. 11 sale of contemporary art.
The auction house estimates it will sell for $1 million or more.
(Copyright 2009 by The Associated Press. All Rights Reserved.)
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