Masterpieces by Klimt, Matisse and Freud set for London’s most valuable auction
Summary
A large group of important modern paintings will be auctioned by Sotheby’s in London, expected to bring in more than £150 million. The collection includes works by famous artists like Gustav Klimt, Henri Matisse, and Lucian Freud, owned by Joe Lewis and his daughter Vivienne.Key Facts
- The artworks are from Joe Lewis and his daughter Vivienne, owners of Tottenham Hotspur.
- The auction is expected to be the most valuable ever held in London.
- Paintings by Klimt, Matisse, Freud, Bacon, Schiele, Modigliani, and others are included.
- Egon Schiele’s painting Danaë is estimated to sell for £12-18 million, a record for the artist.
- Klimt’s portrait Bildnis Gertrud Loew is estimated at £20-30 million and was stolen by Nazis in the past.
- Some pieces have not been on the market for decades or have rarely appeared before.
- The collection focuses on modern figurative painting, which shows the human figure.
- The sale will be combined with other artworks in June, making it possibly the highest value week of art auctions in London.
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