
Will Andy Warhol's Self Portrait sell for more than $16 million at Sotheby's?
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From PolymarketAbout this market
Context'Self-Portrait' is a work by the American artist Andy Warhol. The self-portrait is has a camouflage-patterned foreground and a black background. 'Self Portrait' signed and dated 1986 is set up for sale with Sotheby's, as a part of The Macklowe Collection live auction (Lot 12), on May 16, 7 PM ET, in New York (https://www.sothebys.com/en/buy/auction/2022/the-macklowe-collection/self-portrait-2). This is a market on the final hammer price for this painting. This market will resolve to “Yes” if the final Hammer Price for 'Self Portrait' (Lot 12) at auction exceeds $16,000,000 and to “No” otherwise. Note: this is a market on the final hammer price at the live auction, which does not include buyer’s premium, fees, or taxes, and is not equivalent to the “Lot Sold” price as listed on Sotheby’s website. If, for whatever reason, Sotheby’s does not provide a live broadcast, the recording of the auction, nor the hammer price elsewhere, this market will resolve to the price listed on Sotheby's website. If the auction is cancelled altogether and will not happen by May 23, 11:59:59 PM ET, the market will resolve to "No”.
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Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.