The work, titled 'Madonna of the Magnificat', will be offered by Christie's this November.
In late August, the auction house made waves when it announced plans to sell $1 billion in art held by Allen. Among the works headed to sale are pieces by Claude Monet, George Seurat, Jasper Johns, and Paul Cézanne. The sale proceeds will go toward philanthropic causes Allen established prior to his death in 2018 at the age of 65.
The work has been in Allen’s private collection since 1999, when he acquired it privately for an undisclosed price. has been widely shown in museum exhibitions. It last appeared in the 2020 exhibition “Flesh and Blood: Italian Masterpieces from at the Seattle Museum of Art.” Before it entered his collection, the painting was shown at London’s National Gallery on long-term loan from 1960 to 1978.
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