The Goldwyn family, the great Hollywood film dynasty, will sell its art collection following the death of producer Samuel Goldwyn Jr. two months ago. With an estimated worth of $25 million–$30 million, the collection will be parceled out over nine auctions at Sotheby's New York between May and October.

The centerpieces of Goldwyn's holdings are Pablo Picasso's "Femme au Chignon Dans un Fauteuil" (1948), a portrait of the artist's lover Françoise Gilot and, and "Anémones et Grenades" (1946), a Matisse still life. The Picasso is estimated to sell for as much as $18 million, while the Matisse, bought for $13,500 in 1948, is tagged at upwards of $5 million.