Back to Press Friday May 23, 2014

Paddle8 presents a special auction of Bob Colacello’s art, photographs, and memorabilia from the Warhol years

Extraordinary property from the collection of Interview magazine editor and Warhol biographer, collaborator, and confidante

Online auction house Paddle8 is honored to present an auction of Warhol-era art, photographs, and memorabilia from the collection of downtown legend Bob Colacello. The spectacular material, most of which was stored under Colacello’s bed in East Hampton until recently, presents a revealing window into the days—and nights—of Warhol’s Factory. Bidding for Bob Colacello: Art, Photographs, and Memorabilia from the Warhol Years is available at Paddle8.com from May 22 through June 5.

“I was social director, editor, art dealer, party photographer, ghostwriter; when you worked at the Factory, you kept on getting more and more jobs,” says Colacello, who not only served as editor of Warhol’s Interview magazine from 1971 to 1983, but also quite literally wrote the book on the Warhol era. Holy Terror: Andy Warhol Close Up, Colacello’s 1990 memoir of working with the artist, offers up a relentlessly entertaining journey that speeds through hallowed ground, from the electric Factory to the White House, to the early days of Interview magazine up to the last days of disco.

Now, almost 20 years after the publication of Holy Terror, while the market for Warhol’s works reaches new highs, Paddle8 and Colacello are offering collectors an opportunity to acquire a piece of history from the Factory era. The collection ranges from original artwork and letters by artists in his circle, including Warhol, Patti Smith, Keith Haring, and Robert Mapplethorpe, to Colacello’s photographs of the celebrities and luminaries in the Warhol orbit—from a young Caroline Kennedy to Diane von Furstenberg, Valentino, Bianca Jagger, and Jimmy Carter—and artifacts of life at the Factory, including a never-opened copy of Warhol superstar Candy Darling’s diary and even a phallus-embroidered pillow by Warhol superstar Brigid Berlin.

Highlights of Bob Colacello: Art, Photographs, and Memorabilia from the Warhol Years include:

Andy Warhol Bob in Drag, c. 1975. Polaroid. E4.25 x 3.5 in. Estimate $8,000–$10,000 A Polaroid of Bob in a platinum blonde wig—as Colacello says, “The photo I never wanted the world to see!” This photo emerged from Warhol’s plan to create a series of paintings, prints and drawings of drag queens. The series did not come to pass but—according to Bob, “thanks to a few vodkas at lunch!”—this artifact remains.

Bob Colacello Kissinger with Warhol, c. 1980. Gelatin silver print. Estimate: $2,500–$3,500 Colacello snapped this photograph of Secretary of State Henry Kissinger and Warhol in the early 1980s at the home of renowned Washington hostess Ina Ginsburg.

Robert Mapplethorpe Cheers, 1974. Handmade card and Polaroid, 7 x 5 in. Estimate $2,000-$4,000. A signed New Year's card showing a stunning black-and-white photograph of a bottle of Moet & Chandon champagne. The card was a humorous gift from Mapplethorpe to his good friend, at a time when both of them were broke. As Colacello recalls, “he had "no money, he didn’t even have a camera, he just had a Polaroid.”

Chateau Mouton Rothschild Wine with Warhol-designed label. Estimate: $1,000–$2,000 An extremely rare 1975 vintage with a label designed by Warhol part of the tradition begun in 1945 by Philippe de Rothschild of commissioning celebrated artists to design the bottle’s labels. The roster of artists includes Miró, Chagall, Braque, Picasso, Tàpies, Francis Bacon, Dali, Balthus. Warhol’s labels are among the most coveted.

Invitation to MoMA’s Warhol dinner, with Colacello drawing, 1989. Estimate: $400–$600. An invitation to the opening dinner for the Andy Warhol retrospective at the Museum of Modern Art, 1989. The package includes a menu on which Bob Colacello has drawn a “map of Ruthenia,” or the part of the former Austro-Hungarian Empire (now northeastern Slovakia) from where the Warhola family emigrated. Bob recalled that even though he was saddened Andy did not live to see the retrospective exhibition at the very institution that “had rejected him his entire career,” it was also “a triumph” for Andy. “The event,” Bob recalls, “was like a reunion of all the people from The Factory and from Andy’s whole career.”

Bidding is available on Paddle8 from May 22 through June 5, at paddle8.com/auction/bobcolacello.

About Paddle8

Paddle8 is an online auction house, connecting buyers and sellers of fine art and collectibles across the Internet. Paddle8 presents two types of auctions: curated auctions of art and collectibles under $100,000, and benefit auctions in collaboration with non-profits. To date, Paddle8 has collaborated with over 200 non-profit organizations worldwide to present their benefit auctions online, dramatically expanding the audience of supporters and fundraising results for each non-profit partner. The company was founded in 2011 by Alexander Gilkes, an auctioneer and LVMH veteran, and Aditya Julka, a Harvard Business School MBA and serial entrepreneur. Paddle8 is funded by VC firm Founder Collective (past investments include Uber, Vimeo, Buzzfeed), the investment group Mousse Partners (past investments include Paperless Post, Warby Parker, Bonobos), artist Damien Hirst, art dealer Jay Jopling; Alexander von Furstenberg, and Matthew Mellon.

For more information, please contact Sarah Goulet, press@paddle8.com

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