Major works by Willem de Kooning and Jeff Koons will be amongst the highlights of Heritage Auctions’ upcoming Modern & Contemporary Art sale in New York.
The sale will offer 140 artworks across two sessions, focusing on European and American masterpieces y the likes of Wassily Kandinsky, Marc Chagall, Helen Frankenthaler, Robert Rauschenberg, Andy Warhol and Milton Avery.
"We are incredibly excited to offer an expanded selection of fresh to market Modern, Post War and Contemporary works in New York." said Leon Benrimon, Director of Modern & Contemporary Art in New York.
"This sale really solidifies our position as the leaders in the middle market, giving collectors and consignors the unique opportunity to see great works, often over looked, in an elevated evening and day sale settings."
Leading the sale will be de Kooning’s masterpiece East Hampton II, an abstract depiction of the female form painted in 1968 which is expected to sell for $600,000-$800,000.
Further important American Post-War works will include Robert Rauschenberg’s Untitled, 1985, offered at auction for the first time with an estimate of $300,000-$500,000; Helen Frankenthaler’s 1977 work Tantric, estimated at $500,000-$700,000; and the late Milton Avery work Bather, painted in 1961 and valued at $300,000-$500,000.
The sale will also offer works from the estate of renowned art collector Anita Reiner, led by Jeff Koons’ Ice Bucket, which comes fresh from his recent retrospective at the Whitney Museum with an estimate of $300,000-$500,000.
Preceding the evening session is a day session featuring exceptional works by European masters. Notable lots include Wassily Kandinsky’s iconic watercolour Untitled (Composition lyrique), painted in 1922 and valued at $400,000-$600,000; Marc Chagall’s late work Le peintre à la palette, dating from 1983 and estimated at $200,000-$300,000; and Fernand Léger’s 1925 work Composition, valued at $150,000-$250,000.
Heritage Auctions’ Modern & Contemporary Art auction takes place in New York on May 2.