"This Andy Warhol portrait brings together the uncontested King of Pop Art with the uncontested King of Pop. The portrait was painted at the height of their careers and is a celebration of two of the great talents in global cultural history," said Janet Lehr of the Vered Gallery, agents for the seller, in a statement released on Friday.
The iconic portrait, created in 1984 to celebrate the massive popularity of Jackson's Thriller album, will be on show at London's British Music Experience from Aug. 6 to 8th.
The exhibition space is inside the O2 arena where Jackson had been due to perform a series of concerts this summer into September.
The 50-year-old performer suffered a cardiac arrest at his rented home in Los Angeles on June 25. An autopsy report is expected out soon.
Warhol's Technicolor silkscreens of iconic celebrities such as Liz Taylor and modern objects continue to reap high bids. The artist died in 1987.
The silkscreen, which measures 76.2 by 66 centimetres, is expected to fetch much more than its starting price of $800,000 U.S.
The highest price ever paid for a Warhol portrait was $28 million for Lemon Marilyn in 2007.
The auction of the Jackson portrait will be held at the Vered Art Gallery in East Hampton, N.Y. on Aug. 18.
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Legendary performer Michael Jackson, whose groundbreaking music and dance moves earned him the nickname the "King of Pop," died in Los Angeles on Thursday after apparently going into cardiac arrest. He was 50.
In a brief news conference, the performer's brother, Jermaine Jackson, said he was pronounced dead in hospital at 2:26 p.m. PT. It's believed Jackson suffered cardiac arrest at his home, but Jermaine Jackson said an autopsy will be conducted to confirm the cause of death.
The autopsy was performed Friday.
Paramedics had responded to a call at Jackson's rented mansion in Holmby Hills about 12:30 p.m. PT, but Jackson was not breathing when they arrived.
Jermaine Jackson said his brother's personal doctor, who was in the house at the time, and paramedics had tried to resuscitate him.
Paramedics continued to perform CPR as Jackson was rushed to UCLA Medical Center, Jermaine Jackson said.
"Upon arriving at the hospital at approximately 1:14 p.m., a team of doctors, including emergency physicians and cardiologists, attempted to resuscitate him for a period of more than one hour, but they were unsuccessful," he said.
"My family request that the media please respect our privacy during this time, and may all love be with you, Michael, always. We love you."
Legendary performer Michael Jackson, whose groundbreaking music and dance moves earned him the nickname the "King of Pop," died in Los Angeles on Thursday after apparently going into cardiac arrest. He was 50.
In a brief news conference, the performer's brother, Jermaine Jackson, said he was pronounced dead in hospital at 2:26 p.m. PT. It's believed Jackson suffered cardiac arrest at his home, but Jermaine Jackson said an autopsy will be conducted to confirm the cause of death.
The autopsy was performed Friday.
Paramedics had responded to a call at Jackson's rented mansion in Holmby Hills about 12:30 p.m. PT, but Jackson was not breathing when they arrived.
Jermaine Jackson said his brother's personal doctor, who was in the house at the time, and paramedics had tried to resuscitate him.
Paramedics continued to perform CPR as Jackson was rushed to UCLA Medical Center, Jermaine Jackson said.
"Upon arriving at the hospital at approximately 1:14 p.m., a team of doctors, including emergency physicians and cardiologists, attempted to resuscitate him for a period of more than one hour, but they were unsuccessful," he said.
"My family request that the media please respect our privacy during this time, and may all love be with you, Michael, always. We love you."