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It was placed up for auction by Auction Cause and had received a high bid of $5,100 by Tuesday afternoon.
"Created circa last Tuesday, this one of kind portrait is handcrafted using over 20,000 Skittles. It is an important period of art history referred to by the French as 'plutôt doux' (translation: pretty sweet)," the portrait's item description states.
The portrait weighs about 50 pounds and measures 45.25" x 37.25" x 2.5".
All of the proceeds from the sale of the portrait benefit Tyler's charity, Jamie's Fund, which benefits girls who suffer from abuse and neglect.