Friday, January 11, 2013

Modern art sale set to raise £100million

Works by Pablo Picasso, Amedeo Modigliani and Henri Matisse set to fetch £100m at Christie's auction.

Amedeo Modigliani's Jeanne Hebuterne (au chapeau), his 1919 portrait of his lover that is estimated to sell for between £16 million and £22 million at the London auction house .

A sale of paintings by some of the masters of 20th century art is expected to raise around £100 million.
Work by Pablo Picasso, Amedeo Modigliani and Henri Matisse will all go on sale at Christie's auction house in London on February 6.
The highlight of the impressionist and modern art sale is Modigliani's Jeanne Hebuterne (au chapeau) - a 1919 portrait of his lover that is estimated to sell for between £16 million and £22 million.
Two works by Picasso, a 1960 female nude called Nu accroupi and Minotaure aveugle conduit par une petite fille are estimated to fetch £5 million and £3.5 million respectively.
Christie's International director and head of the impressionist and modern art evening sale Jay Vincze said: "Buyers continue to be hungry for the best and rarest works of impressionist and modern art. We have ensured that this sale focuses on significant works by the most important artists and are proud to present a rich and focused offering which spans figuration to abstraction, presenting international collectors and institutions with rare and exciting opportunities."

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