Teddy Roosevelt
from Cowboys and Indians
Medium: Screenprint in colors on Lenox Museum Board
Year: 1986
Sheet: 36×36 inches (91.4 x 91.4 cm)
Edition: 250
Artist’s Proofs: 50 AP
Printer’s Proofs: 15 PP
Hors Commerce: 15 HC
Other: 10 numbered in Roman numerals
Trial Proofs: 36 TP in unique color combination
(see Feldmann & Schellmann IIB.386)
Publisher: Gaultney, Klineman Art, Inc., New York
Printer: Rupert Jasen Smith, New-York
Literature: Feldmann & Schellmann II.386
All signed and numbered in pencil lower right
With the publisher’s blindstamp and the artist’s copyright inkstamp on the reverse
Teddy Roosevelt is part of Cowboys and Indians
(Click on picture below to access the Catalogue entry)
The final work in Warhol’s Cowboys and Indians draws from an 1898 portrait of then Colonel Theodore Roosevelt during the Spanish American War. After making headlines leading the ‘Rough Riders’ in Cuba, upon his return, Roosevelt was elected Governor of New York. In 1900, he was elected vice president on a ticket with incumbent William McKinley. And mere months later, following McKinley’s assassination, Roosevelt was sworn in as president of the United States.

Portrait of Theodore Roosevelt by George Gardner Rockwood, 1898
Library of Congress Prints and Photographs Division
Over the course of his breakneck rise to power, Roosevelt leveraged his public persona as a war hero, frontiersman, and naturalist to great political expedience. Warhol’s Teddy Roosevelt captures the figure just before his rapid political ascension, playing off the role that first garnered him national attention. Depicting Roosevelt’s face in inverted tones, Warhol calls attention to the idea, like the film negative, that this image is fundamental—that the colonel underlies the president. Often overlooked in discussions of Warhols presidential portraits, Warhol’s Teddy Roosevelt offers not only another stylized portrait, but a serious look at the conditions and myth of producing presidents. Teddy Roosevelt’s inclusion in Cowboys and Indians suggests the concrete, political results of America’s fascination with the west—a fascination that took him all the way to the White House
Table of Contents
Auction Market Overview
Auction Summary
| 2025 | Sold Once 239/250: USD 88,900 @ Rago on 15 October 2025 No Trial Proof sold at Auction in 2025 |
| 2024 | Sold Twice Average Price: USD 162,950 Auction Record Price: USD 229,900 (236/250) @ Coeur d’Alene Art Auction on 27 July 2024 70/250: USD 96,000 @ Lone Star Art Auction on 12 October 2024 No Trial Proof sold at Auction in 2024 |
| 2023 | Sold Once 44/250: USD 62,500 @ Grogan & Company on 6 May 2023 No Trial Proof sold at Auction in 2023 |
| 2022 | Sold Once 71/250: USD 75,000 @ Freeman’s Hindman on 29 September 2022 TP 8/36: USD 131,250 @ Heritage Auctions on 19 April 2022 |
| 2021 | Sold Once IX/X: USD 56,562 @ Bonhams New-York on 26 May 2021 No Trial Proof sold at Auction in 2021 |
| 2020 | Sold Once 100/250: EUR 22,8000 (USD 27,000) @ Dorotheum Vienna on 26 November 2020 TP (16/36): USD 68,750 @ Dallas Auction Gallery on 26 February 2020 |
Regular Editions
Rago: 15 October 2025
Estimated: USD 30,000 – 50,000
USD 88,900

Teddy Roosevelt ( Feldman/Schellmann II.386), 1986
From the Cowboys and Indians series
Signed and numbered to lower edge ‘239/250 Andy Warhol’ with printer’s blindstamp
Lone Star Art Auction: 12 October 2024
Estimated: USD 70,000 – 90,000
USD 96,000

ANDY WARHOL (1927-1987)
Teddy Roosevelt (FS II.386), 1986
Screenprint on Lenox Museum Board
Signed lower right: Andy Warhol 70/250
Coeur d’Alene Art Auction: 27 July 2024
Estimated: USD 30,000 – 50,000
USD 229,900
AUCTION RECORD FOR TEDDY ROOSEVELT

ANDY WARHOL (1928 – 1987)
Teddy Roosevelt (1986)
Screenprint on board
Signed and numbered 236/250 lower right
Grogan & Company: 6 May 2023
Estimated: USD 30,000 – 50,000
USD 62,500

ANDY WARHOL (American, 1928-1987)
Teddy Roosevelt, from Cowboys and Indians (F&S II.386), 1986
Screenprint in colors on Lenox Museum Board
Signed Andy Warhol lower right and numbered 44/250 lower left
With publishers blind stamp lower left and stamp verso
Hindman: 29 September 2022
Estimated: USD 20,000 – 40,000
USD 75,000

ANDY WARHOL (1928–1987)
Teddy Roosevelt (from Cowboys and Indians), 1986
Screen-print on Lenox Museum Board
Signed and numbered 71/250 in pencil
Bonhams New-York: 26 May 2021
Estimated: USD 22,000 – 28,000
USD 56,562

Teddy Roosevelt, from Cowboys and Indians (Feldman & Schellmann II.386), 1986
Screen-print on Lenox Museum Board
Estimated: EUR 20,000 – 30,000
EUR 22,800 / USD 27,000

ANDY WARHOL (Pittsburgh 1928–1987 New York)
Teddy Roosevelt (from Cowboys and Indians series), 1986
Screenprint on Lenox Museum Board
Signed and numbered 100/250
Stamped Andy Warhol Art Authentication Board Inc. with n. 145.110 on the reverse
Sotheby’s online: 19 July 2018
Estimated: USD 20,000 – 30,000
USD 27,500
Christie’s New-York: 20 April 2018
Estimated: USD 25,000 – 35,000
USD 33,750
Sotheby’s London: 27 March 2018
Estimated: GBP 15,000 – 20,000
GBP 22,500 / USD 31,865
Sotheby’s London: 20 September 2017
Estimated: GBP 15,000 – 20,000
GBP 22,500 / USD 30,520
Sotheby’s New-York: 28 April 2017
Estimated: USD 25,000 – 35,000
USD 27,500
Christie’s New-York: 2 November 2016
Estimated: USD 25,000 – 35,000
USD 30,000
Phillips New-York: 26 October 2016
Estimated: USD 20,000 – 30,000
USD 37,500
Phillips New-York: 25 April 2016
Estimated: USD 25,000 – 35,000
USD 27,500
Trial Proofs
Teddy Roosevelt (TP 8/36), 1986
Heritage Auctions: 19 April 2022
Estimated: USD 25,000 – 35,000
USD 131,250
TRIAL PROOF

Teddy Roosevelt, from Cowboys and Indians, 1986
Screen-print on Lenox Museum Board
Teddy Roosevelt (TP 16/36), 1986
Estimated: USD 20,000 – 30,000
USD 68,750
TRIAL PROOF

“Teddy Roosevelt” from Cowboys and Indians, (Feldman & Schellmann, II. 386), 1986
Color screenprint on Lenox Museum Board
Signed and numbered lower right, “TP 16/36 Andy Warhol”
Teddy Roosevelt (TP 27/36), 1986
Estimated: USD 20,000 – 30,000
USD 68,750
TRIAL PROOF

ANDY WARHOL
Teddy Roosevelt (F. & S. II.386), from Cowboys and Indians, 1986
Screenprint in colors on Lenox Museum Board
Signed in pencil and inscribed ‘TP 27/36’
A unique color trial proof, aside from the numbered edition of 250

