Its post-war sale, which is expected to take in as much as US$350 million, is led by Philip Rothko’s Orange, Red, Yellow abstract, which is expected to fetch about US$40 million, and Yves Klein’s FC 1 (Fire-Color 1), estimated to sell for about US$35 million.
A group of six Richters should fetch more than US$40 million.
At Sotheby’s, Pablo Picasso’s Dora Maar portrait, Femme assise dans un fauteuil, is expected to fetch US$25 million. Works by Chaim Soutine are also poised to draw strong prices.
Andy Warhol’s Double Elvis, with a pre-sale estimate of up to US$50 million, is leading Sotheby’s contemporary sale and Lichtenstein’s Sleeping Girl and Francis Bacon’s Figure Writing Reflected in Mirror, could each fetch up to US$40 million.