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Displaying items by tag: composition with red blue and grey

To the uneducated eye, it may look like little more than a blank canvas with a few inches of primary colour, but this painting could soon become the most expensive Mondrian ever sold.

The work, by Piet Mondrian, is said to “epitomise” the artists’ work, and has never before been seen at auction.

Kept out of the public gaze for the last 50 years, after being owned by a private collector, it will now be sold at Sotheby’s for an estimate of up to £18 million.

It is expected to set a new world record for the most expensive work by Mondrian, beating the price of 21,569,000 EUR (£17.6m) set in 2009.

Published in News

Now that the first week of the big spring auctions is over, Sotheby’s is wasting no time touting its sales in London next month, hanging highlights in its York Avenue galleries for collectors to peruse during the contemporary-art previews this weekend.

Knowing that today’s appetite for prime abstract paintings appears boundless, Sotheby’s expects a 1927 Mondrian that has not been on the market since the 1950s to be a star of its June 23 auction. This stark canvas, “Composition With Red, Blue and Grey,” was first owned by Harry Holtzman, an artist who helped found the American Abstract Artists Group, an influential organization that espoused the principles of European Modernism, and who was a friend of Mondrian’s and an expert on his work.

Published in News