Klimt and Basquiat sales could help Sotheby’s smash London record
Works of art with a combined upper estimate of nearly £400m, representing one of the highest-value auctions to be staged in London, have gone on display.
The works include one of the few paintings by Gustav Klimt in private hands, a 1907 garden landscape estimated at $45m (£36m); and an important Jean-Michel Basquiat work that went under the hammer in 1987, a year before his death. At the time it was sold for $23,100 (£18,600m); the current estimate is £14m-£18m.
Sotheby’s said its forthcoming sales of impressionist, modern and surrealist works had a combined estimate of £233m. Adding in the contemporary sales brings the total combined estimate to a record £268m-£363m.