Piet Mondrian's 'Composition No II' (1930) will be offered for $50 million at Sotheby's, and could break the artist's current auction record. Read more from artnews.
Related Articles“There are few artists who have staked such an audacious claim in the history of Modern art as Piet Mondrian, whose grid-style of abstract painting is a truly singular achievement in painting history,” Oliver Barker, Sotheby’s chairman for Europe, said in a statement. “is an undeniable masterwork by the artist, bearing the signature hallmarks of Mondrian’s groundbreaking, elemental approach to composition—black lines, forms of primary colors, and geometric precision.
The work’s pre-sale estimate is more than 20 times higher than the sum paid for it when it last appeared at auction in 1983, when a Japanese collector bought it for $2.2 million, the highest price ever paid at auction for a work of abstract art at the time.
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This Rare Piet Mondrian Painting Is Poised to Break Its $50 Million Auction Record Next MonthSotheby's with offer the lot titled Composition No II in modern art evening sale in New York on November 14.
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Mondrian painting expected to fetch more than $50 million in rare auctionPiet Mondrian's signature black grid lines and bright-colored squares are among the most striking images of abstract art. Now, one of his most valuable paintings is going on sale and is expected to reach more than $50 million, Sotheby's has said.
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