As per CNN:

 

Alice Cooper can be forgiven for forgetting some of the finer details of the early 1970s. After all, the rock star was touring the world and riding high off the success of tracks like “School’s Out.”

But amid the sex, drugs and rock ‘n’ roll, Cooper forgot something that few others would — that he owned an Andy Warhol painting. And now he has remembered where he kept it.
The recently uncovered silkscreen image, titled “Little Electric Chair,” had spent over 40 years in storage alongside Cooper’s old tour equipment, according to the singer’s longtime manager Shep Gordon.
“Alice got (it) as a birthday present, way back in the 70s when no one cared really about Andy — he was just coming into his own,” Gordon said over the phone.
“We spoke to Alice’s mother who said she thought it was probably still in storage. It took us probably six months to get around to going through, because we have a lot of stuff in storage (from) all the old shows, (but) we found it.”

‘Little Electric Chair’

Cooper’s friendship with Warhol dates back to the 1970s when the pair would visit New York’s legendary Studio 54 nightclub together, according to Gordon. They would often take photos with one another, and the rock star’s then girlfriend Cindy Lang even appeared on an early cover of Warhol’s magazine, Interview.
At the time, Cooper used a mock electric chair as part of his live show. So, as a birthday present, Lang decided to buy him a Warhol image that looked similar to the prop.
While the artwork may now be worth millions, it was bought for just a fraction of that.
“I remember Cindy came to the office and said that she wanted to give Alice the electric chair (painting) for his birthday, and (Warhol’s studio) said she could have one for $2,500,” Gordon said.
“That’s my recollection but everything from those days is really foggy. As I (later) found out — things that I thought were real were not real.”
And when it comes to Warhol’s art, separating real from fake can be a challenge.

A ‘genuine’ Warhol

The Andy Warhol Art Authentication Board was dissolved in 2011 following a series of lawsuits, meaning that other independent experts must now be sought. In order to authenticate the unsigned panting, Gordon contacted Richard Polsky, whose company Richard Polsky Art Authentication operates its own catalog of approved Warhol works.
As well as examining the painting, the art specialist scrutinized Cooper’s account before adding the artwork to his catalog.
“When I heard this story, (it) fascinated me (and) it was 100 percent correct — everything made sense,” Polsky said over the phone. “What people don’t understand about the electric chairs is that when they were first done — which was 1964 to 1965 — they didn’t sell.
“Can you imagine putting an electric chair on your living room wall? People just didn’t do that back in the day. It’s too macabre.”
Times have changed, and Warhol’s works are now among some of the world’s most expensive. Although Polsky did not put a value on Cooper’s 22-by-28-inch artwork, he says that other electric chair images from Warhol’s series “Death and Disaster” have sold for over $10 million.
“That gives you the upper end (of the price range), at least,” he said. “My guess is that this would do pretty well, given the celebrity provenance and the quality of the image.
“But right now, my understanding is that they’re gonna hang it in Alice’s home and enjoy it for a while.”

About The Author Gus

My first opportunity to write about music was with Kissunderground, featuring just one band (KISS). In 2006, I started working for another outlet that showcased more musicians. It was a great experience for me at the time. I personally nailed down some great interviews during my time at glam-metal.com (Paul Stanley, Jonathan Davis, Slash and Sully Erna to name a few). In early 2009, I decided to venture out on my own with the idea of creating a website that has all the offerings that a reader would want in a music review website. That's when Backstageaxxess.com began. I’m so proud of what was created here and of our staff that brings it to you. Each one offers a diverse opinion and a creative ability to share it in a unique way. We are so lucky to have them here. When discussing making a list of favorite shows with the staff, I also found it hard to narrow that list down to a select handful of shows. Everyone experiences a concert in their own terms, whether it’s the show itself, maybe it’s the people you met there and the new friendships created, or maybe it was meeting the artist at the show. For my criteria, I tried to stick to just the show itself, but again, it was sometimes hard to do. My first concert was Sammy Hagar’s first tour with Van Halen at the Niagara Falls Convention Center, Niagara Falls, NY, on August 30, 1986. My favorites are as follows: 1. Kiss – Tiger Stadium - Detroit, Michigan 6/28/96 2. SARS (Rolling Stones, AC/DC, Rush, and handful of other bands) - Downsview Park – Toronto, Ontario 7/30/03 3. Paul McCartney (every McCartney show I saw was awesome, but Iwent with my first show) Air Canada Centre -Toronto, Ontario 10/10/05 4. Motley Crue – Memorial Auditorium – Buffalo, NY 12/19/89 5. Kid Rock – Tweeter Center - Camden, New Jersey 3/25/06 The honorable mentions would be any McCartney show (The Joint at the Hard Rock, Las Vegas, Nevada, April 2009 or Air Canada Centre Toronto, Ontario 8/10/10), Prince (Club 2112) at the Rio Hotel, Las Vegas 12/30/07, Heart (Pulse Lounge * only 200 people) Hilton Hotel, Anaheim, California, January 21,2008, Monsters of Rock (Van Halen, Scorpions, Metallica, Dokken, and Kingdom Come) Rich Stadium, Orchard Park, NY 6/19/88 and the Rocklahoma Festival (Queensryche, Lita Ford, Triumph, etc.). Also, Cher (with my mom) at the Blue Cross Arena Rochester, NY, November 22, 2004.