"The collection showed a rare concentration of museum-calibre masterpieces and was especially strong in modern figurative painting. Many haven't been seen on the market for decades, which speaks to both their rarity and art-historical significance."
"The auction was a real turning point that helped revive confidence in the global art market. It was tangible evidence that collectors around the world are deeply inspired by collections built from a singular vision, steeped in coherence, rarity, and history."
"Among the leading lots is a full-length society portrait by Klimt, Bildnis Gertrud Loew, estimated to fetch 20-30m. The subject was one of the artist's patrons, from whom the painting was stolen by the Nazis when they arrived in Vienna."
Sotheby's is set to auction a significant collection of modern art, expected to exceed £150 million. The collection, consigned by Joe Lewis and his daughter Vivienne, includes works by notable artists such as Gustav Klimt, Egon Schiele, and Francis Bacon. Many pieces have not been on the market for decades, highlighting their rarity and significance. The auction is anticipated to be a historic event, following a previous record-setting sale. Highlights will be exhibited in New York and London prior to the auction.
Read at www.theguardian.com
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